Disney (DIS) Turnover a Negative But Not Meaningful Enough to Cut Estimates - Stifel
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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
Search Data Bodes Well For Disney's (DIS) Shanghai Park Opening - Piper Jaffray
April 5, 2016 8:25 AM EDTPiper Jaffray analyst, Stan Meyers, thinks Disney (NYSE: DIS) is on the verge of a transformative shift in its positioning in China. The opening of its first mainland China theme park on June 16th will not only re-accelerate the pace of growth for the Parks & Resorts division in our view, but also help to promote its core brands (Lucasfilm, Marvel, Pixar, Disney Animation). No change to... 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
Disney (DIS) COO Thomas O. Staggs to Step Down
April 4, 2016 4:50 PM EDTDisney (NYSE: DIS) said in a press release:
Thomas O. Staggs will leave his current position as Chief Operating Officer of The Walt Disney Company, effective May 6, 2016. He will remain employed by the Company in the role of special advisor to the Chief Executive Officer, Robert A. Iger, through this fiscal year.
Tom has been a great friend and trusted colleague for more than 20 years, said Mr. Iger. Hes... More
Disney (DIS) COO Staggs Said to be Stepping Down
April 4, 2016 4:36 PM EDT(Updated - April 4, 2016 4:39 PM EDT)
Disney (NYSE: DIS) COO Thomas Staggs said to be stepping down, according to Bloomberg, citing the... More
