[ Disney shares were up 2% at mid-day Monday, extending their recent rally, as the company renewed its attacks on activist investor Nelson Peltz. In a video posted to VoteDisney.com criticizing Peltz and his firm, Trian Fund Management, Disney said the investor’s pursuit of board seats for himself and ex-Disney CFO Jay Rasulo “seems more … Read more
[ The Walt Disney Co. has come out in defense of its “highly qualified board and clear strategy” for growth and share price gains as activist investment firm Trian Capital issued its latest attacks on the company. The company also disclosed the date of its annual shareholder meeting, which could see bigger sparks fly over … Read more
[ Shareholders of Disney and Apple will be given the chance to vote on proposals regarding the use of artificial intelligence, the Securities and Exchange Commission has determined. As first reported by Reuters, the SEC issued notices on Wednesday saying the companies could not exclude proposals calling for an assessment of their use of AI. … Read more
