Nomura Securities Remains Bullish on Disney (DIS) Following Announced Departure of COO

Disney (DIS) Turnover a Negative But Not Meaningful Enough to Cut Estimates - Stifel

Stifel 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

Pre-Open Stock Movers 04/05: (VRX) (MRVL) (ICPT) Higher; (PSUN) (AGN) (NATI) Lower (more...)

Pacific Sunwear (NASDAQ: PSUN) 40% LOWER; to seek Chapter 11 bankruptcy - report

Allergan plc (NYSE: AGN) 17.4% LOWER; new efforts from the U.S. Treasury to curb inversions threatens Pfizer merger.

Valeant Pharmaceuticals (NYSE: VRX) 16.6% HIGHER; announced that the ad hoc committee of the board of directors believes that its review of various Philidor and related... More

Search Data Bodes Well For Disney's (DIS) Shanghai Park Opening - Piper Jaffray

Piper 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

Needham & 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

After-Hours Stock Movers 04/04: (PFE) Higher; (PSUN) (AGN) (TSLA) Lower (more...)

Pacific Sunwear (NASDAQ: PSUN) 28.5% LOWER; to seek Chapter 11 bankruptcy - report

Allergan plc (NYSE: AGN) 19.5% LOWER; new efforts from the U.S. Treasury to curb inversions threatens Pfizer deal. The Treasury and the IRS are taking action to reduce the ability of companies to avoid taxes through earnings stripping.

National Instruments (Nasdaq: NATI) 8.7% LOWER;... More

Disney (DIS) COO Thomas O. Staggs to Step Down

Disney (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

(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