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News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Bob Iger defeats Nelson Peltz in Disney board contest
...Disney has defeated a challenge to its board from activist investor Nelson Peltz, handing a victory to chief executive Bob Iger and ending one of the most expensive and closely watched boardroom battles...
April 3, 2024
Due Diligence
Nelson Peltz gets shut out of the magic kingdom Premium content
...In today’s newsletter: Disney beats Nelson Peltz Blackstone’s dividend question Silver Lake’s Endeavor LBO Shareholders don’t want Peltz to restore Disney’s magic Nelson Peltz’s attempt to restore the...
April 4, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Jamie Dimon backs Disney’s Bob Iger in proxy fight with Nelson Peltz
...JPMorgan Chase chief executive Jamie Dimon has endorsed Walt Disney’s Bob Iger as a proxy battle with billionaire activist Nelson Peltz nears a showdown at the entertainment giant’s annual meeting next month...
March 13, 2024
Walt Disney Co
Nelson Peltz backed for seat on Disney board by proxy adviser ISS
...An influential shareholder advisory group has recommended that Disney’s investors support Nelson Peltz’s pitch for a seat on its board of directors, breathing life into the billionaire activist’s struggling...
March 21, 2024
InterviewLunch with the FT
Investor Nelson Peltz: ‘I’m not trying to fire Bob Iger, I want to help him’
...At lunch as in business, Nelson Peltz makes his preferences known....
March 22, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
British Museum appoints Nicholas Cullinan new director
...Nicholas Cullinan has been appointed the new director of the British Museum, which has been battling to restore its reputation since it emerged last year that about 2,000 artefacts had been stolen over a...
March 28, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Due Diligence
Barbarians at the toll road Premium content
...Disney makes a meal out of Nelson Peltz’s lunch with the FT Nelson Peltz, the billionaire investor who made his fortune as co-founder of Trian Partners, recently sat down with the FT’s Harriet Agnew for...
March 26, 2024
US presidential election 2024
Nelson Peltz to vote for Donald Trump over fears of Joe Biden’s ‘mental condition’
...Billionaire investor Nelson Peltz plans to vote for Donald Trump, saying his assessment that President Joe Biden’s “mental condition is really scary” outweighed his concern over the January 6 2021 attack...
March 19, 2024
ObituaryRichard Taylor (Campaigner)
Richard Taylor, knife crime campaigner, 1948-2024
...Two decades, he said, had “taken a toll”....
March 29, 2024
Budget 2024: As it happened
Reminder: What happened last time around
...A 100 per cent allowance on business capital spending for three years....
March 6, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Risers and fallers in Europe
...Sydbank: Shares in the Danish lender rose nearly 7 per cent after it posted a record profit before tax for 2023 and a 36 per cent increase in core income....
February 28, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
Risers and fallers in Europe
...Amadeus: Shares in the Spanish travel technology company fell 5 per cent after it said on Wednesday that a “spike in cancellations” linked to Middle East tensions helped shave about 6 percentage points off...
February 29, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Risers and fallers in Europe
...Zealand Pharma: Shares in the Danish biotech company jumped 21 per cent after trial results of a new weight loss drug it is co-developing showed it was effective in treating liver disease....
February 26, 2024
Walt Disney Co
Jamie Dimon backs Disney’s Bob Iger in proxy fight with Nelson Peltz
...JPMorgan Chase chief executive Jamie Dimon has endorsed Disney’s Bob Iger as a proxy battle with billionaire activist Nelson Peltz nears a showdown at the entertainment giant’s annual meeting next month....
March 13, 2024
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
Risers and fallers in Europe
...Abrdn: Shares in the UK asset manager rose 5 per cent after it posted a pre-tax loss of £6mn for 2023, down from a loss of £612mn in 2022....
February 27, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
What to watch in Europe today
...Central banks: Huw Pill, chief economist at the Bank of England, gives a speech at Cardiff University Business School....
March 1, 2024
US Election Countdown
Why Nelson Peltz is reluctantly backing Donald Trump again
...Trump’s 2020 campaign, billionaire activist investor Nelson Peltz washed his hands of the former president over the January 6 2021 US Capitol riot....
March 19, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
What to watch in Europe today
...Economic indicators: The EU releases a range of data on business and consumer sentiment. Earnings: Full-year results are due from FTSE 100-listed wealth manager St James’s Place....
February 28, 2024
Zimbabwe
Zimbabwe opposition leader Nelson Chamisa quits ‘hijacked’ party
...Zimbabwe’s defeated presidential candidate Nelson Chamisa has quit the political movement he founded two years ago, claiming it had been “hijacked” by the ruling party....
January 25, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Lord Jacob Rothschild dies at 87
...a small family ceremony”....
February 26, 2024
Walt Disney Co
Bob Iger defeats Nelson Peltz by wide margin in Disney board clash
...Disney has defeated a challenge to its board from activist investor Nelson Peltz, handing a definitive victory to chief executive Bob Iger and ending one of the most expensive and closely watched boardroom...
April 3, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Halfords issues profit warning amid ‘challenging’ market conditions
...“Both the cycling and retail motoring markets have been impacted by a combination of continued weak customer confidence and unusually mild and very wet weather,” Halfords said in a trading update....
February 28, 2024
News in-depthWalt Disney Co
Walt Disney’s Bob Iger wins support ahead of AGM showdown with Nelson Peltz
...In his six-month battle with activists including billionaire Nelson Peltz, who is seeking a seat on Disney’s board, Iger has used his status as one of the world’s most visible and well-connected chief executives...
April 3, 2024
Halfords Group PLC
Halfords shares plunge after profit warning
...There were “no visible positive catalysts at this stage” on the outlook for the company, he added in a note....
February 28, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Labour ‘apologises to people of Rochdale’ after by-election
...Labour, the UK’s main opposition party, has apologised to voters in Rochdale after it decided not to stand a candidate in Thursday’s by-election....
March 1, 2024

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