Walt Disney (DIS) nabs PepsiCo (PEP) CFO Hugh Johnston as its new finance chief

Go back to Walt Disney (DIS) nabs PepsiCo (PEP) CFO Hugh Johnston as its new finance chief

PepsiCo (PEP) names Jamie Caulfield CFO after Johnston leaves for Disney

November 6, 2023 9:05 AM EST

PepsiCo, 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 EST

Hugh 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 EST

Stocks 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 EST

Citi 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 EST

Investing.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 EST

Walt 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.

... More

Stocks expected to have increasing option volume: DIS CMCSA PRU ETSY MDLZ CLX FROG ROKU Z ZG SEDG

November 2, 2023 4:44 AM EDT

Stocks expected to have increasing option volume: DIS CMCSA PRU ETSY MDLZ CLX FROG ROKU Z ZG SEDG

... More