Walt Disney (DIS) nabs PepsiCo (PEP) CFO Hugh Johnston as its new finance chief
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PepsiCo (PEP) names Jamie Caulfield CFO after Johnston leaves for Disney
November 6, 2023 9:05 AM ESTPepsiCo, Inc. (NASDAQ: PEP) today announced that Vice Chairman and Chief Financial Officer, Hugh Johnston, will be leaving the company on November 30. James (Jamie) Caulfield is appointed Executive Vice President, Chief Financial Officer PepsiCo.
Johnston retires from PepsiCo after 34 years of incredible and stellar service to the company. He joined the company in 1987 and assumed the role of Chief Financial Officer in 2010. Over the years, Johnston's portfolio has included a variety of responsibilities, including President,... More
Walt Disney (DIS) names Hugh Johnston CFO
November 6, 2023 9:01 AM ESTHugh F. Johnston has been named Senior Executive Vice President and Chief Financial Officer of The Walt Disney Company (NYSE: DIS) effective December 4. It was announced today by Robert A. Iger, Chief Executive Officer. Johnston is Vice Chairman and Chief Financial Officer of PepsiCo, where he has held numerous leadership positions during a highly successful 34-year career with the multinational food and beverage giant.
As Disneys Chief Financial Officer, Johnston will report directly to Iger and will lead the companys worldwide finance organization, which includes corporate real estate, corporate strategy and business development, enterprise... More
Dow Jones, Nasdaq, S&P 500 weekly preview: Fed sparks a massive rally
November 6, 2023 8:01 AM ESTStocks surged aggressively last week as investor bets rose that rates have peaked in the aftermath of the FOMCs decision to leave rates unchanged. Moreover, the labor market data cooled, signaling the Fed is done hiking.
The S&P 500 (SPX) added 5.9% to mark its best week of the year. Dow Jones Industrial Average (DJI) rose 5.1% while the tech-heavy Nasdaq Composite Index (IXIC) jumped 6.6%.
The FOMC held steady, shrugging off strong data on the pretext of tightened financial conditions. But this dovish turn may have backfired, with financial conditions easing significantly this week amid some softer data. We... More
Walt Disney (DIS) PT Lowered to $110 at Citi
November 6, 2023 6:09 AM ESTCiti analyst Jason Bazinet lowered the price target on Walt Disney (NYSE: DIS) to $110.00 (from $120.00) while maintaining a Buy rating.... More
Futures edge up, earnings this week - what's moving markets
November 6, 2023 5:28 AM ESTInvesting.com -- Stock futures on Wall Street inch higher to begin the trading week, with investors digesting the implications of recent economic data on future Federal Reserve policy decisions and looking ahead to a fresh batch of corporate earnings. Elsewhere, China's Ant Group wins approval from Beijing to release its AI model to the public, while the cash pile at Warren Buffett's Berkshire Hathaway (NYSE: BRKa) swells to a record high.
1. Futures point higher
U.S. stock futures edged up on Monday after equities on Wall Street... More
Walt Disney (DIS) November weekly 85 straddle into quarter results
November 6, 2023 4:18 AM ESTWalt Disney (NYSE: DIS) November weekly 85 straddle is priced for a move of 7.5% into the expected release of quarter results after the bell on November 8.
... MoreStocks expected to have increasing option volume: DIS CMCSA PRU ETSY MDLZ CLX FROG ROKU Z ZG SEDG
November 2, 2023 4:44 AM EDTStocks expected to have increasing option volume: DIS CMCSA PRU ETSY MDLZ CLX FROG ROKU Z ZG SEDG
... More
