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STOCK MARKET NEWS: Disney slams Peltz, Goldman’s tough quarter, Elon Musk in court

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Goldman Sachs posts tough quarter, Disney steps up its fight against activist Nelson Peltz, FAA under fire over mounting travel chaos and tech layoffs rising. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

 

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Disney Punches Back Against Nelson Peltz, Says Activist Investor “Does Not Understand” Its BusinessIn a slide deck published Tuesday, the entertainment giant responds point-by-point to Peltz's argument. I love it when arsehole egotistical megamillionaires are put firmly in their place. peltzputz Stock market would suggest that it’s the Disney board who have cognition issues over the nature of their business. Unless of course making money for their shareholders is no longer the business of Disney.
Source: THR - 🏆 411. / 53 Read more »

Disney says Peltz 'lacks skills' to help business as proxy battle heats upWalt Disney Co on Tuesday defended its decision to deny Nelson Peltz a board seat, saying the activist investor 'lacked the skills and experience' to help the media and entertainment giant. In other words he is not woke enough for them. An 80 year old hamburger chain CEO…No Thank You. RobertIger was the only choice. Period.
Source: Reuters - 🏆 2. / 97 Read more »