(Bloomberg) — The stock market remained higher after Jerome Powell reiterated the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall picture. Powell also reaffirmed…
Disney Edges Ahead in Battle for Board Seats With Activist Investors usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Walt Disney
appeared to pull ahead of activist investors in the battle for
board seats and the future of the global entertainment
conglomerate, with more than half of all shares voted before.
(Bloomberg) As Walt Disney Co. looks set to conclude a showdown over the composition of its board, bulls have sent the stock soaring. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterIran Vows to Punish Israel for Strike on Embassy in SyriaCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownErdogan Suffers Historic Loss in Turkey Municipal ElectionsThe shares have rallied nearly 35% this year, more tha
Disney is currently ahead of activist investors including Nelson Peltz’s Trian Group as the proxy battle reaches its climax, with more than half of all shares voted prior to the company’s shareholder meeting tomorrow, according to Reuters. What’s Happening: T. Rowe, which owns