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Disney Furloughs More Theme Park Workers In California: Report
Tuesday, November 10, 2020 - 1:17am | 287Read More...Walt Disney Co (NYSE: DIS) is furloughing employees at its Southern California theme park in addition to the previously-announced 28,000 job cuts, according to Reuters. Executives, salaried employees, and hourly workers would be reportedly affected but the exact number is unknown. What...
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Disney's New Robot Is Skinless — And It Blinks
Monday, November 2, 2020 - 3:56am | 444Read More...The Walt Disney Company (NYSE: DIS) has developed a robot that can mimic the “illusion of life” by making human-like eye movements — although the eerie animatronic figure is yet to acquire a skin. What Happened: The humanoid robot torso, dressed in a shirt, is capable of mimicking...
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Disney To Let Go 28,000 Theme Park Workers As Pandemic Forces 'Difficult Decisions'
Tuesday, September 29, 2020 - 11:18pm | 320Read More...Walt Disney Co (NYSE: DIS) theme parks are still dealing with the impact of lockdown and the company is forced to slash around 28,000 jobs, it said in an internal memo accessed by CNBC. Josh D’Amaro, head of parks at Disney, in the memo said that approximately two-thirds of the...
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Bank Of America's 6 Takeaways From Disney's Q3
Wednesday, August 8, 2018 - 8:47am | 403Read More...Walt Disney Co (NYSE: DIS) reported fiscal third-quarter earnings Tuesday that fell short of the Street's expectations, but were ahead of what Bank of America Merill Lynch modeled. The Analyst Bank of America's Jessica Reif maintained a Buy rating on Disney's stock with an...
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Media Analyst Explains How Disney Can Ease Investor Concerns
Friday, July 14, 2017 - 8:53am | 409Read More...Walt Disney Co (NYSE: DIS) is suffering from a secular change in its television business, but the company has plenty of tools at its disposal, Barton Crockett of FBR Capital Markets said during CNBC's "Squawk Box" segment on Friday. The problem for Disney is, at its core, the company is a...
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Bob Iger On Shanghai: Greatest Opportunity For Disney Since Walt Bought Land In Florida
Wednesday, June 15, 2016 - 9:31am | 330Read More...Walt Disney Co (NYSE: DIS) will open its multi-billion dollar theme park in Shanghai, China, and will face stiff competition from Wanda Group, the country's largest private property developer that plans on opening 15 to 20 of their own theme parks across the country. Putting aside the...
