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-0.000104346011373769 0.000678249073929125 0.000782595085302894 -2.60865028434051E-05 -2.60865028434051E-05 0.000521730056868547 0.00156519017060564 0.000469557051181588
Stock impact report

Disney secures support from proxy firm in Nelson Peltz battle [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
In a paper published on Monday and viewed by Yahoo Finance, proxy advisory firm Glass Lewis recommended shareholders support the company's current board and withhold votes for the nominees put forth by Peltz's Trian Fund Management and fellow activist Blackwells Capital. "We believe investors would be best served endorsing the incumbent directors at this time," Glass Lewis wrote in its recommendation, adding it's "not convinced" the alternative candidates and proposals would deliver "a superior change relative to Disney's current composition." Peltz is currently seeking board seats for himself, along with former Disney CFO Jay Rasulo. Blackwells supports the company's current board but has urged shareholders to vote for its three nominees as additions to it. If the proxy battle continues to a vote, a shareholder meeting set to take place on April 3 will ultimately determine the board's fate. Last year, Peltz and his hedge fund renewed a push to shake up Disney's board as the Show less Read more
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