Nelson Peltz, an activist investor, plans to mount a proxy fight for a seat on Walt Disney Co.'s board of directors. Peltz believes that he can help the company improve its performance and create shareholder value. If successful, Peltz would become the first activist investor to win a seat on Disney's board.
Mr. Parker was one of the few on the board concerned about Mr. Chapek's management early on, according to reporting by The Wall Street Journal.
Logitech shares fell sharply after the company reported disappointing earnings and cut its sales forecast.
John Hope Bryant is advocating for financial education and economic freedom for minority and low-income communities, which he refers to as "silver rights."
Theater operators say the new "Avatar" movie needs time to find its audience. But that might not be enough. The movie may need to make some changes to find success.