Page 5 - Executive Bob Iger News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Reuters) -Walt Disney CEO Bob Iger acknowledged that the entertainment company faces a “challenging environment” in the near term on Wednesday, but he emphasized progress in cutting costs and focusing on creativity, even as quarterly results showed Disney's soft spots. Disney’s stock rose nearly 3% in after-hours trading, as Iger touted $1 billion in operating-income improvement at the company’s streaming business over the last three quarters, which is aiming for profitability in 2024. But he also acknowledged the need to improve the quality of Disney’...

By Dawn Chmielewski (Reuters) -Walt Disney on Wednesday missed Wall Street's expectations for quarterly revenue but said it was on track to cut costs ...

Walt Disney on Wednesday exceeded Wall Street's estimates on adjusted per-share earnings and said it was on track to cut costs by more than the $5.5 billion it promised investors in February. ...

By Dawn Chmielewski (Reuters) -Walt Disney on Wednesday missed Wall Street's expectations for quarterly revenue but said it was on track to cut costs ...

By Dawn Chmielewski (Reuters) -Walt Disney on Wednesday missed Wall Street's expectations for quarterly revenue but said it was on track to cut costs ...