TITLE

Street upbeat on Mouse cuts

AUTHOR(S)
Zeitchik, Steven
PUB. DATE
July 2006
SOURCE
Daily Variety;7/19/2006, Vol. 292 Issue 11, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article examines the stock performance of Walt Disney Co. after the reorganization of the firm that was solidified by the departure of executive Nina Jacobson in the U.S. in 2006. Despite intense speculation on the Disney reorganization, the company's stock price has not declined in July 2006. This trend is attributed to the continued box-office strength of the Disney film "Pirates of the Caribbean: Dead Man's Chest" and investors' perceptions that the changes mark a long-term philosophical shift in the company.
ACCESSION #
21678627

 

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