Activist investor Nelson Peltz has gained crucial support in his proxy battle for a seat on Disney's (DIS) board. Institutional Shareholder Services (ISS) has announced its endorsement of Peltz, advising shareholders to vote in favor of granting him a board seat ahead of their upcoming shareholder meeting on April 3rd. Yahoo Finance's Alexandra Canal breaks down the details, providing insights into other investors vying for seats. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Activist investor Nelson Peltz has gained crucial support in his proxy battle for a seat on Disney's (DIS) board. Institutional Shareholder Services (ISS) has announced its endorsement of Peltz, advising shareholders to vote in favor of granting him a board seat ahead of their upcoming shareholder meeting on April 3rd.
Yahoo Finance's Alexandra Canal breaks down the details, providing insights into other investors vying for seats.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Benzinga
In an interview with Fox Business, Kevin O’Leary responded to a question about Bernie Sanders’ proposal for a 32-hour workweek, calling it “dead on arrival.” When asked by the Fox anchor, Stuart Varney, O’Leary said, “Well Stuart, there are bad ideas, there are very bad ideas, and there are very, very, very bad ideas. And then there are ideas that are so bad they’re un-American. That falls into all of those categories.” Don't Miss: Investing in real estate just got a whole lot simpler. This Dara
Bloomberg
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Reuters
(Reuters) -FedEx narrowed its fiscal 2024 profit forecast range on Thursday, with the midpoint staying at the same level as its earlier forecast, as the company expects cost cuts to offset a decline in demand from its largest customer, the U.S. Postal Service (USPS). Shares of the second-largest parcel delivery firm rose 8.5% in after-hours trading. The company now expects earnings per share for fiscal 2024 to be in the range of $17.25 to $18.25, compared with its prior forecast of $17 to $18.50 per share.
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