WOLF - Wall Street Lunch: Disney's Iger Survives Proxy Siege
2024-04-03 14:45:00 ET
Summary
- Walt Disney's proposed slate of directors wins shareholder vote, beating rival slates from Trian Group and Blackwells Group.
- Federal Reserve Chairman Jerome Powell says recent data doesn't alter the current FOMC view.
- Taiwan Semiconductor Manufacturing pauses chip manufacturing after earthquake hits Taiwan.
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CEO Bob Iger wins shareholder board vote over Trian's Nelson Peltz. (0:16) Fed's Powell keeps door open to rate cuts. (1:07) Taiwan earthquake disrupts chip manufacturing. (3:25)
The following is an abridged transcript
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Walt Disney's ( DIS ) proposed slate of directors was re-elected to the board at its annual meeting Wednesday afternoon -- beating a pair of rival slates from Nelson Peltz's Trian Group and Blackwells Group in what became the most expensive proxy contest ever....
Wall Street Lunch: Disney's Iger Survives Proxy Siege