* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, July 27, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

‘I hate losing money’ — Jim Cramer says he will vote to put Nelson Peltz on Disney’s board

February 25, 2024
in News
‘I hate losing money’ — Jim Cramer says he will vote to put Nelson Peltz on Disney’s board
Share on FacebookShare on Twitter

As a Disney shareholder for the Club, Jim Cramer has decided to support activist investor Nelson Peltz’s fight for seats on the board of the entertainment and theme parks giant. “We’re going to vote the blue card,” Jim said Saturday at the second annual Club meeting in New York City. It means he’s going to vote to put the Trian Partners founder Peltz and former Disney CFO Jay Rasulo on the Disney board. Jim believes Peltz and Rasulo will hold Disney’s board and management accountable for making changes to fix the business and turn around the company’s underperforming stock. For its part, Disney is urging shareholders to cast the white proxy card for only the company’s 12 nominees. The Disney annual is set for April 3. Shareholders of record as of the close of business on Feb. 5 can vote at the meeting. Jim said he respects the current board members individually but “collectively in that boardroom they’re just not that impressive.” He added, “This is a board that owns very little stock,” arguing they don’t have enough skin in the game to act with the urgency needed to right the ship. Peltz doesn’t have that problem. He represents the biggest single block of Disney shares — some $3 billion worth — between Trian’s stake and that of ousted Marvel Entertainment head Ike Perlmutter. Jim said he went to dinner last week with longtime business acquaintance Perlmutter to find out what he hopes to achieve by pledging his shares to Peltz. Jim said Perlmutter, who sold Marvel to Disney for $4 billion in 2009 and was recently let go at Disney, wants the stock higher, costs down, and the bad movies to stop. Jim helped Perlmutter manage his money in the 1980s. Among the fixes outlined in Trian’s filing for board seats were to “complete a successful CEO succession; and align management pay with performance,” achieve Netflix -like margins in streaming, and target “at least high-single-digit operating income growth” at parks to ensure adequate return capital expenditures. “It is ridiculous to me that Netflix has crushed Disney,” Jim said. “With that brand name? And, those theme parks? Come on.” Jim said Peltz has a track record of being a productive board member, citing interviews he did with the CEOs of Procter & Gamble , Mondelez and Kraft Heinz . “Those CEOs said that he did an amazing job, asking questions and stopping them from doing stupid things.” Jim thinks Peltz can draw on that expertise to help Disney. “This is a classic situation where there’s a lot more value but it has to be brought out by others, not by management,” he explained. “I hate losing money.” DIS 5Y mountain Disney 5 years While Disney has recently stepped up its turnaround plans, Jim believes there still needs to be pressure on management given the long-term underperformance of the stock. To be sure, Disney CEO Bob Iger has restructured the company and implemented aggressive cost-cutting measures since he returned to the C-suite in November 2022. After the closing bell on Feb. 7 , Disney issued a stronger-than-expected fiscal 2024 first-quarter profit as cost reductions across its many businesses boosted margins despite flat revenue. Iger also brought back the dividend and put in a buyback. A strong profit forecast for the rest of fiscal 2024 also helped fuel an 11.5% post-earnings stock surge on Feb. 8. “I think the rally is because the company has had its mind concentrated by Nelson Peltz and by Jay Rasulo, former CFO who did not get to be CEO,” Jim said. While questions remain about the long-term profitability of streaming, new CFO Hugh Johnston, who came to Disney from PepisCo , said on the call that the company is targeting double-digit operating margins, with a sense of urgency in getting there. Peltz had pushed to get on Disney’s board in early 2023 but then called off the effort in a CNBC interview with Jim — hoping Iger was on the right track. But last month, Peltz officially launched his proxy fight for seats. Peltz told Jim at the time, “This company is just not being run properly. The board oversight is awful.” Jim agrees and the stock’s terrible track record reflects this oversight issue. The Club has felt this pain as long-time shareholders. (Jim Cramer’s Charitable Trust is long DIS, PG. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CNBC – https://www.cnbc.com/2024/02/25/jim-cramer-says-he-will-vote-to-put-nelson-peltz-on-disneys-board.html

Tags: Losingmoneynews
Previous Post

Stand-up comic made $19 an hour on Taskrabbit waiting in line: ‘This job requires absolutely zero special skills’

Next Post

Battle for the Red Sea expands with U.S. strikes, EU stepping up its efforts against Houthis

AI’s race in the dark with China – Axios

The High-Stakes AI Race: Innovation and Competition in the Shadows

July 27, 2025
LeBron James’ future with Lakers beyond 2025-26 certain to generate speculation leading up to training camp – Yahoo Sports

LeBron James’ Lakers Future Beyond 2025-26 Sparks Intense Speculation Ahead of Training Camp

July 27, 2025
Energy landscapes direct the movement preferences of elephants – besjournals

Energy landscapes direct the movement preferences of elephants – besjournals

July 27, 2025
At United Nations Summer Program, Computer Science Student Examines AI Ethics – Georgetown University

At United Nations Summer Program, Computer Science Student Examines AI Ethics – Georgetown University

July 27, 2025
Return of wolves to Yellowstone has led to a surge in aspen trees unseen for 80 years – Live Science

Wolves’ Return to Yellowstone Sparks Unprecedented Aspen Tree Boom After 80 Years

July 27, 2025
‘Bluey’ Is Growing Up: BBC Plots All-Ages Expansion For The Franchise As A Full-Fledged Lifestyle Brand – Cartoon Brew

‘Bluey’ Is Growing Up: BBC Plots All-Ages Expansion For The Franchise As A Full-Fledged Lifestyle Brand – Cartoon Brew

July 27, 2025
Katie Ledecky, Summer McIntosh and a race for the ages at World Swimming Championships – NBC Sports

Katie Ledecky and Summer McIntosh Ignite an Epic Showdown at the World Swimming Championships

July 27, 2025
5 ways Trump has shaped the economy in 6 months – The Hill

5 Game-Changing Ways Trump Transformed the Economy in Just 6 Months

July 27, 2025
Flutter Entertainment Announces Pricing Of $1.272 Bln Of Additional Senior Secured Notes Due 2031 – Nasdaq

Flutter Entertainment Raises $1.27 Billion in Major Senior Secured Notes Offering Due 2031

July 27, 2025
KFF Health Tracking Poll: Public Views on Recent Tax and Budget Legislation – KFF

How the Public Really Feels About the Latest Tax and Budget Changes

July 27, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (741)
  • Economy (765)
  • Entertainment (21,645)
  • General (16,135)
  • Health (9,803)
  • Lifestyle (773)
  • News (22,149)
  • People (767)
  • Politics (774)
  • Science (15,980)
  • Sports (21,263)
  • Technology (15,747)
  • World (748)

Recent News

AI’s race in the dark with China – Axios

The High-Stakes AI Race: Innovation and Competition in the Shadows

July 27, 2025
LeBron James’ future with Lakers beyond 2025-26 certain to generate speculation leading up to training camp – Yahoo Sports

LeBron James’ Lakers Future Beyond 2025-26 Sparks Intense Speculation Ahead of Training Camp

July 27, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version