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☆ Major shakeup at Disney: Board chair is out. New CEO is coming soon
▼ + stars: | 2024-10-21 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

CNN —Disney is about to have its fourth board chair in just over three years, as the company continues to navigate ongoing tumult in the media industry. Chairman Mark Parker will step down at the end of the year, the company announced Monday. Arnold had served on Disney’s board for a decade and a half. Gorman currently serves as the chair of Disney’s succession planning committee, which is responsible for the CEO search. The company said Gorman will prove a valuable leader to help navigate Disney through it all.

Persons: Mark Parker, Morgan Stanley, James Gorman, Parker, “, ” Gorman, Peter Parks, Susan Arnold, Arnold, Gorman, Bob Iger, Iger, “ James Gorman, ”, James Organizations: CNN, Disney, Getty, Iger, ESPN, ABC Locations: AFP

☆ Disney’s new all-access, skip-the-line plan can cost more than the park ticket does
▼ + stars: | 2024-10-16 | by ( Natasha Chen | ) edition.cnn.com time to read: +7 min

For example, it will cost $137.39 (after tax) to add the Premier Pass to an Animal Kingdom park ticket on a less busy day. EPCOT’s pass would cost more, Hollywood Studios a bit more than that, with the most expensive Premier Pass at Magic Kingdom. To buy a Premier Pass for the Magic Kingdom park on a very busy day such as Christmas would cost $478.19 (after tax) in addition to your park ticket. At Universal Studios Hollywood, which has one theme park with 17 express lines, this pass can cost anywhere from $80 to $170 (not taxable) in addition to the theme park ticket price. The Premier Pass is “priced for someone for whom the time-money tradeoff is different,” Munsil said.

Persons: CNN —, ”, Disney, EPCOT’s, Allen J, what’s, CNN Don Munsil, Munsil, ” Munsil Organizations: CNN, Lightning, Disney, Walt Disney World, Disneyland, Hollywood Studios, Magic Kingdom, Los Angeles Times, Disney Food, The Universal Studios, Universal, Busch Gardens, Universal Studios Hollywood, Universal Resort Orlando, Universal Orlando, Royal Pacific Locations: Florida, California, Animal, Animal Kingdom, Magic, Disney California, ”, SeaWorld, Portofino

☆ Disney World employees felt pressured to stay and work despite forecasts of looming tornadoes and flash floods in the hours leading up to Hurricane Milton
▼ + stars: | 2024-10-11 | by ( Reed Alexander | ) www.businessinsider.com time to read: +9 min

Multiple Disney World employees told BI about their disappointment with how the company handled Milton. The Walt Disney World Resort was still open for business. AdvertisementIn a statement, a Walt Disney World spokesperson said the company prioritizes the well-being of those on park grounds. At Disney World, workers' minimum wage starts at $18 an hour. With 80,000 staffers, the Disney World Resort is one of the largest single-site employers in the United States.

Persons: Cash, —, Milton, Goldman Sachs, they'd, Reed Alexander Organizations: Disney, Milton, Service, Orlando, Sunshine State, Walt Disney, Workers, Hollywood Studios, Animal, Magic, Magic Kingdom, Disney World, BI, Wilderness Locations: Magic Kingdom, Epcot, Orange County, Central Florida, Florida, Saratoga, Orlando, United States

☆ Disney has a price problem. It has ambitious plans to fix that
▼ + stars: | 2024-08-16 | by ( Natasha Chen | ) edition.cnn.com time to read: +11 min

“With 2025 also being the opening of Universal’s Epic Universe, there will likely also be negative impacts on Walt Disney World attendance. Still, the price of Disney tickets today compared to past years prices out some families. The grievance from the fan community is that this used to be free at Disney parks. Transportation from the Orlando airport to Disney World property also used to be included for Disney hotel guests, but that service has been discontinued. Munsil said the Disney parks are “expensive, yes, but there’s nothing else on Earth like them.”

Persons: CNN —, Raymond James, Hugh Johnston, Josh D’Amaro, ” D’Amaro, D’Amaro, ”, “, Gary Hershorn, Tom Bricker, ” Bricker, Bricker, Don Munsil, Munsil, Mindy Marzec, ” Munsil, Victoria Wade, ” Wade, Wade Organizations: CNN, CNN — Disney, Disney, Walt Disney Parks and Resorts, Pixar, Corbis, “, Walt Disney, Walt Disney World, “ Star, Busch, Transportation, Food, Disney Food, Magic, Universal Studios, Magic Kingdom Locations: Orlando, Anaheim , California, Wakanda, California, Florida

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Qualcomm, Robinhood, Starbucks, Disney & more
▼ + stars: | 2024-08-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS said it's sticking with Nvidia shares heading into earnings later this month. Wolfe downgrades Qualcomm to peer perform from outperform Wolfe said Apple's internal modem use is finally having an effect on Qualcomm. Jefferies upgrades Par Technology to buy from hold Jefferies said it's bullish on shares of the "pure-play" restaurant tech platform. " Deutsche Bank upgrades Eli Lilly to buy from hold Deutsche upgraded the stock following earnings last week. Bank of America upgrades Churchill Downs to buy from neutral Bank of America said it likes the racing company's growth pipeline.

Persons: Morgan Stanley, Disney, it's, Wolfe, Qualcomm, Wedbush, it's bullish, Jefferies, Walmart Evercore, Piper Sandler, Piper, HOOD, Goldman Sachs, Mills, Goldman, Canaccord, Mizuho, Cummins, Wells, PRU, Eli Lilly, Churchill, Jim Anderson Organizations: UBS, Nvidia, RBC, Ardent Health, Ardent Health Partners, Inc, Qualcomm, Jefferies, Technology, Walmart, HSBC, GE Vernova, GE, Micron, MU, Elliott, Bank of America, Liberty Global, underperform Bank of America, Liberty, Prudential, Allstate, Deutsche Bank, Deutsche, of America, " Bank of America Locations: Asia, Cupertino, Wells, Churchill

Thousands of residents and visitors viewed the event from the baseball field at Hidalgo de Dolores Elementary School. Residents began renting out their homes after area hotels reached capacity. ET Cuatro Ciénegas Amid a vast landscape of gypsum dune fields — formed over millions of years — spectators viewed the eclipse. ET Dallas Crowds set up their picnic blankets alongside the Trinity River, which runs through Dallas, one of the largest cities to experience the total eclipse. ET Russellville More than 100 couples were married in a giant ceremony just minutes before the eclipse, during the Total Eclipse of the Heart festival.

Persons: — Dennis Overbye, Andrés Manuel López Obrador, ” Federico Garza, ”, David Bowie, Pink Floyd, Sun Ra, Taylor Swift Organizations: North America Today, Hidalgo de Dolores Elementary School, Nazas, Residents, Dallas Crowds, Russellville, Eclipse, Liverpool, Illinois Department of Transportation, Indiana, Indianapolis, Indianapolis Zoo, Lucas Oil, Roll Hall of Fame, Attica Railroad, Eclipse Fest, Buffalo State, Syracuse, Syracuse Mets, Worcester Red Sox, Hotels, Montreal Locations: North America, — Dennis Overbye Mexico, Sinaloa State, Mazatlán, Mexico, Hidalgo, Texas, Eagle, Dallas, Arkansas, Ozark, . Illinois, Southern Illinois, Midwest, . Ohio, Lake Erie, Cleveland, Taylor Swift . New York, Niagara Falls, England, Burlington , Vt, Burlington, Lake Champlain, Maine, Canada, U.S, Montreal, Fredericton , New Brunswick, New Brunswick, EclipseFest

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Colgate, Pfizer, Disney and more
▼ + stars: | 2023-10-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS upgrades UnitedHealth to buy from neutral UBS called the stock a "core holding." Jefferies upgrades Pfizer to buy from hold Jefferies said investors should buy the dip in shares of Pfizer. UBS initiates Evolent Health as buy UBS said it sees more upside for the health-care company. Morgan Stanley upgrades Varonis Systems to overweight from equal weight Morgan Stanley said the data security and analytics company has "underappreciated AI tailwinds." UBS upgrades Tal Education to buy from neutral UBS said a turnaround for the education tech company is underway.

Persons: Morgan Stanley, Apple, Jefferies, Goldman Sachs, Horton, Piper Sandler, Tesla, Truist, Stifel Organizations: Apple, JPMorgan, Nvidia, NVIDIA, UBS, UNH, Jefferies, Pfizer, Maplebear Inc, Disney, US Parks, Evolent Health, payors, Varonis, Nice Systems, NICE, Netflix, ISI, Tal Education, RBC, BMO, Energy, Colgate, Palmolive Locations: UNH, U.S

☆ Here are Friday's biggest analyst calls: Netflix, Nvidia, Eli Lilly, Disney, Levi's, Exxon, Walmart and more
▼ + stars: | 2023-10-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan reiterates Exxon as overweight JPMorgan said it's standing by its buy rating on the oil and gas giant. Seaport initiates Netflix as buy Seaport said it sees plenty of upside in shares of Netflix. JPMorgan upgrades Eaton to overweight from neutral JPMorgan said the industrial and electrical company is best in class. UBS reiterates Levi's as buy UBS said Levi's is still an attractive stock despite the company's disappointing earnings report Thursday. " JPMorgan upgrades Apellis to overweight from neutral JPMorgan said the pharmaceutical company is well-positioned for more upside.

Persons: Piper Sandler, Bernstein, Disney, XOM, Jefferies, TD Cowen, Cowen, Eaton, Eli Lilly, Doug McMillon, Berenberg, Morgan Stanley, Meta, Levi's, Oppenheimer downgrades O'Reilly, AutoZone, Oppenheimer, it's, Truist Organizations: Disney, Netflix, Hulu, JPMorgan, Exxon, Barclays, Nvidia, Intel, Gaudi, Citi, Discover Citi, DFS, Seaport, Bank of America, Energy, of America, Apple, Vegas, Prix, Clearway Energy, Walmart, United Auto Workers, Auto, Meta, UBS Locations: Parks, NVDA, China, ETN, TEL, AZO, ORLY

Wait times for rides and attractions at both resorts have shortened, according to analysts who track theme park attendance. Disney CEO Bob Iger attributed Disney World’s recent decline in wait times to an overall slump in Central Florida tourism. Iger told CNBC he did not have “long-term concerns” about Disney’s theme parks. For Universal’s Florida parks, every month since March has seen lower average wait times, according to the site. Pareti said she spends between four and six days per week at Disney’s parks and visits Universal parks, as well.

Persons: Los Angeles CNN —, Walt, Universal Orlando parkgoers, Bob Iger, ”, Iger, Shorter, July’s, Don Munsil, he’s, Munsil, “, Kayla Pareti, Mickey Travels, Mickey, You’re, Pareti, she’s, “ Don’t, it’s, Comcast’s, Disney’s, That’s, Ron DeSantis, DeSantis, Pete Werner, Christine McCarthy, ” Werner, It’s, Disney Organizations: Los Angeles CNN, Central, Walt Disney World, Universal Orlando, Disney, CNBC, CNN, Universal, Disney’s, Universal Studios, Disney’s Hollywood Studios, Hollywood Studios, Walt Disney Company, Comcast, UBS, DIS Universal, Republican, NAACP, Human Rights, League of United Latin American, Walt Disney, Disney Cruise Locations: Florida, Central Florida, “ Florida, Disney’s Florida, Universal Studios Florida, Bay Lake , Florida, Orange County, Orlando

☆ Disney World has a bigger problem than Ron DeSantis: people aren't going
▼ + stars: | 2023-07-11 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Disney's ongoing feud with Ron DeSantis is certainly a factor. Ron DeSantis, it's pretty clear that the park's problems run deeper than a political beef. While crowd sizes are down in the US parks, revenue is up at international Disney parks such as Disneyland Hong Kong. Despite the DeSantis dust-up, the park's biggest issue has nothing to do with politics — Disney World is damn expensive. Ron DeSantis Paul Hennessy/SOPA Images/LightRocket via Getty ImagesIt's also clear that a cut back on vacationing is not the issue.

Persons: Ron DeSantis, Disney execs, Li Zhihua, execs, DeSantis, —, Ron DeSantis Paul Hennessy, Courtney Garcia, Garcia, Samantha Delouya, Bob Iger Organizations: Disney, Service, Walt Disney, Florida Gov, Wall Street Journal, Hollywood Studios, Shanghai Disney Resort, Hong Kong Disneyland, China News Service, — Disney, Getty, TSA, Payne Capital Management Locations: Wall, Silicon, Magic, Shanghai, Paris, Hong, Hong Kong, Florida

☆ Stop Us if You’ve Heard This Before: The A’s Have a Stadium Deal
▼ + stars: | 2023-05-26 | by ( Benjamin Hoffman | ) www.nytimes.com time to read: +1 min

Built in the multipurpose stadium craze of the 1960s, Oakland Coliseum was quirky from the start. Feral cats, leaking sewage and a possum that lives in one of the television booths wouldn’t come along until later. Unpopular changes to the stadium at the behest of the Oakland Raiders of the N.F.L. The maintenance of the park became unmanageable, and the team’s various owners consistently complained about the lack of amenities. The team averaged only 9,849 fans a game last season, and things are even worse this year, at 8,874.

☆ Despite tough talk, Ron DeSantis can’t shake Disney’s grip on Florida
▼ + stars: | 2023-04-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Although Disney has thwarted the state’s most aggressive efforts against it, Ron DeSantis has repeatedly promised he will win out in the end. In the governor’s effort to wrest control of Disney’s Orlando-area theme parks, he found that Disney’s corporate lawyers have routinely outmaneuvered him. “The question is, how much are you willing to hurt everybody else?”Legally, he says, DeSantis can’t single out Disney explicitly because retaliation against a single company is unconstitutional. To be sure, Disney’s parks division is a huge part of its business. In other words: Florida needs Disney more than Disney needs Florida.

☆ Morgan Stanley says Disney can surge 35% as a strong consumer drives park revenue
▼ + stars: | 2023-02-06 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Shares for Disney could see big gains going forward, according to Morgan Stanley. He also noted that his bull case scenario is now in play after the stock's hot start to 2023. "After a 25% appreciation in shares YTD, we focus on the bull case from here: In our view, the recent appreciation in shares reflects two recent shifts in sentiment. Morgan Stanley has a bull case price target of $150 per share on Disney, which implies upside of 36.1% from Friday's close. Disney shares were down nearly 1% during the premarket Monday.

Insider has compiled a list of six cities where you can live for $1,000 or less per month. Insider has compiled a list of six cities where you can live for $1,000 a month, using data from the comparison website Numbeo, which provides a crowdsourced summary of the cost of living in major cities across the world. In Rio, you'll need about $940 a month to cover an apartment in the city center and your living expenses. An apartment in the city center and living expenses would set you back around $700 a month. A one-bedroom apartment outside the city center and living expenses would set you back around $940 per month.

☆ Cheaper homes and a strong dollar are driving Americans to move abroad. Here are 6 cities around the world where you can live on $1,000 a month or less.
▼ + stars: | 2022-10-25 | by ( Pembe Bilir | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

More and more Americans are looking to take advantage of a strong dollar and cheaper homes abroad. An apartment in the city center and living expenses would set you back $670 a month. A one-bedroom apartment outside the city center and living expenses would set you back around $940 per month. If you wanted an apartment in the center, it would cost you around $1,150 a month, including living expenses. Here, you can get a one-bedroom apartment outside of the center and cover living expenses for just over $920 a month, Numbeo said.

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