Statement from The Walt Disney Company
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Nomura Securities Remains Bullish on Disney (DIS) Following Announced Departure of COO
April 5, 2016 9:45 AM EDTNomura Securities reiterated a Buy rating and $110.00 price target on Walt Disney (NYSE: DIS) following the company's announcement that Tom Staggs, the company's Chief Operating Officer, will step down from his current position as COO, effective May 6, 2016. Nomura believes that Staggs' departure will mean very little towards Disney's near-term. While some may point to his departure as a headwind/distraction to the Shanghai park opening, we note that the completion of the Shanghai Disney Resort is nearly complete at this point. Nomura also believe Mr. Staggs'... More
Disney (DIS) Turnover a Negative But Not Meaningful Enough to Cut Estimates - Stifel
April 5, 2016 9:36 AM EDTStifel analyst, Benjamin Mogil, sees Thomas Staggs, Chief Operating Officer of Disney (NYSE: DIS) resigning as a negative but not large enough to alter growth rates. No changes to $110 PT or Buy rating.
For an analyst ratings summary and ratings history... More
Disney's (DIS) Board Created a Succession Crisis - Needham & Company
April 5, 2016 8:06 AM EDTNeedham & Company analyst, Laura Martin, thinks that Disney's (NYSE: DIS) board has created a succession crisis. For the past 6 years, DIS has been grooming Tom Staggs as the next CEO of Disney. As his star rose, DIS lost other talented senior executives... More
