Trian Fund Management has taken a stake in Comcast in a bet that the cable giant’s shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist.
The Walt Disney Co. undefined is delaying the reopening of its California theme parks, including Disneyland, which had been scheduled to start reopening July...
Walt Disney Co.’s latest earnings prompted more questions than answers and left many dreaming about better days that could come years down the line.
The executive chairman sees real changes ahead for Disney’s parks and films. He adds that the company has “access to capital that will keep us more than solvent through a prolonged period.”