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POSTED Wed, 06/17/2015 - 16:00 | POSTED BY Traci C.
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Some of the Laid Off Walt Disney World Employees Have Been Rehired

Recently we reported on the layoffs of nearly 250 Walt Disney World Resort cast members who were not only being replaced by foreign workers on temporary H-1B visas, but also had to train these replacement workers. We are now seeing reports that Disney has rehired nearly 120 of these employees and changed their mind about other layoffs in the television division.

POSTED Mon, 08/11/2014 - 05:00 | POSTED BY Traci C.
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The Walt Disney Company Releases Fiscal Third Quarter Report and Announces ‘Star Wars’ News

The Walt Disney Company recently announced the fiscal third quarter earnings report, but perhaps more interesting than the numbers was the Star Wars news mentioned during the conference call.

Let's talk about the fiscal report first.

The company's Parks and Resorts division had another successful quarter with an 8 percent increase in revenue to $4 billion and a 23 percent increase in operating income to $848 million.

POSTED Wed, 06/18/2014 - 05:00 | POSTED BY Traci C.
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‘Fortune’ Magazine Names Disney Chairman and CEO Bob Iger A Tech Visionary

Disney Chairman and CEO Bob Iger has been named a "Top Tech Visionary" by Fortune Magazine.

The list, "Fortune 500: Top Tech Visionary", also featured some of the most innovative and visionary technology leaders such as Mark Zuckerberg, Google CEO Larry Page, Amazon CEO Jeff Bezos, and Apple's SVP of Retail and Online Stores Angela Ahrendts.

POSTED Mon, 05/26/2014 - 05:00 | POSTED BY Traci C.
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Veterans Empowerment Summit Encourages Veterans to Get Connected

The National Entrepreneur Center in Orlando recently hosted the Veterans Empowerment Summit to motivate veterans to "get engaged, get connected, and get going on your next assignment."

Kevin Preston, director of the Walt Disney Company's Heroes Work Here initiative spoke at the summit about searching for jobs and why veterans are essential to the workforce.

POSTED Fri, 11/08/2013 - 06:34 | POSTED BY Guest Author
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Responsibility for MyMagic+ Turned Over to Disney World President George A. Kalogridis

As the full launch of the MyMagic+ project nears, the Walt Disney Company has turned over responsibility of the project to Disney World President George A. Kalogridis.

Kalogridis will have day-to-day oversight on the project and will be in charge of implementing it. Up until this move the project had been led since 2009 by Nick Franklin, Walt Disney Parks and Resorts' executive vice president for next generation experience.

POSTED Wed, 10/30/2013 - 05:00 | POSTED BY Guest Author
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First Lady Michelle Obama to Give the Keynote Address at Disney’s Veterans Institute Workshop

First Lady Michelle Obama will give the keynote address at next month's Veterans Institute workshop at the Walt Disney World Resort.

The Veterans Institute workshop is a free program offered by Disney to inspire companies to employ servicemen and women who are transitioning to the private sector.

POSTED Tue, 10/22/2013 - 05:00 | POSTED BY Guest Author
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The Walt Disney Company Recommends Stockholders Reject Below Market Price Mini-Tender Offer by TRC Capital Corporation

After an unsolicited "mini-tender offer" made by TRC Capital Corporation was announced, The Walt Disney Company is recommending that shareholders not tender their shares because the offer price is below Disney's current share price.

POSTED Thu, 10/17/2013 - 05:00 | POSTED BY Guest Author
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The Walt Disney Company Will No Longer Issue Paper Stock Certificates to Shareholders

If you're a collector of all things Disney, the time to purchase Disney stock and receive a paper stock certificate is coming to an end.

The Walt Disney Company has announced that it will stop issuing paper stock certificates to shareholders as of October 16.

POSTED Mon, 10/14/2013 - 05:00 | POSTED BY Guest Author
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The Walt Disney Company Named Most Socially Responsible Company

The Walt Disney Company was recently named one of the most socially responsible companies - sharing the top spot with Microsoft, Google, and BMW.

The ranking comes out of a study conducted by a private consulting firm called Reputation Institute, where more than 55,000 consumers in 15 countries were asked to identify companies with the strongest Corporate Social Responsibility (CSR) reputation.

POSTED Tue, 09/24/2013 - 05:05 | POSTED BY Guest Author
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Disney Buying Back $8 Billion in Stock

The Walt Disney Company recently announced plans to buy back nearly $8 billion in stock beginning next year.

The announcement was made by Chief Financial Officer Jay Rasulo at an investor's meeting in California. Disney says they expect an increase in cash flow, which is the reason behind the buy back.

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POSTED Fri, 10/02/2020 - 06:01 | POSTED BY Kristen Kirk
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Disney To Lay Off 28,000 From Parks, Cruise Line, and Products

The Walt Disney Company made the painful decision this week to eliminate thousands of jobs in Theme Parks, Cruise Line, and Retail. As a fan it's hard to hear because the cast members are a major component in what creates Disney Parks magic. Nine months into the COVID-19 pandemic, health and safety concerns continue to effect travel around the world and Disney struggles to balance business and safety while providing a quality vacation experience.

POSTED Wed, 07/24/2019 - 05:06 | POSTED BY Kristen Kirk
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Disney's Butterfly Conservation At Walt Disney World

The Walt Disney Company is committed to outstanding environmental stewardship and using their efforts to help reverse species declines around the globe. Stewardship starts at home though, and through partnerships with other conservation organizations they are making an impact. One such effort include the Disney Butterfly Conservation that guests may notice going on across Walt Disney World Parks and Resorts.

POSTED Wed, 03/20/2019 - 06:06 | POSTED BY Kristen Kirk
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Welcome Spring With News From Walt Disney World

It's spring, and that means wonderful things are taking shape across Walt Disney World. Since this is a time for new beginnings, I thought a news round-up would be in order to tempt you into thinking about your next Walt Disney World vacation.

POSTED Tue, 12/08/2015 - 04:30 | POSTED BY Kristen Kirk
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Disney and the Toys for Tots Foundation

Toys for Tots has been around since 1947 and has served tens of thousands of children in need over the last 64 years. In 1948, Walt Disney and his animators designed a logo for Toys for Tots that is still used to this day. This magical team designed the first poster used and distributed to promote awareness of the foundation.

POSTED Tue, 07/09/2013 - 05:05 | POSTED BY Guest Author
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Bob Iger Remains Disney’s CEO and Chairman through June 2016

Bob Iger will continue to helm The Walt Disney Company through June 2016 as Chairman and CEO. This is a change from his original contract which called for him to retire as CEO in April 2015 and transition to the role of executive chairman.

Iger has been CEO of the company since September 30, 2005, and during his tenure has overseen the acquisition of Pixar, Marvel, and Lucasfilm, in addition to theme park and resort renovations. In 2012, Iger was paid nearly $40.2 million.

POSTED Fri, 03/15/2013 - 05:05 | POSTED BY Kristen Kirk
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Disney Springs Plans Unveiled

Yesterday The Walt Disney Company confirmed rumors that we had previously reported about a facelift coming to the Downtown Disney area.

POSTED Thu, 02/28/2013 - 06:05 | POSTED BY Kristen Kirk
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2013 Disney Annual Meeting of Shareholders

It's that time of year again when shareholders of the Walt Disney Company gather to cast their votes for the future of corporate governance. With the current stock at an all time high, and dividends better than ever, attendees can expect a positive outlook despite the overall economy. The annual meeting of shareholders of The Walt Disney Company, is being held on March 6th, 2013 at the Orpheum Theatre in Phoenix, Arizona.

The items of business on the agenda that the Board of Directors advises to vote "for" are:

POSTED Mon, 12/31/2012 - 06:05 | POSTED BY Kristen Kirk
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Disney Celebrates “Oh, the Places You’ll Go” at the 124th Rose Parade

The 124th Rose Parade on January 1, 2013, marks 75 years of the Walt Disney Company's involvement with the Pasadena, California New Year's Day institution.

POSTED Wed, 11/28/2012 - 06:05 | POSTED BY Kristen Kirk
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Disney Worldwide Conservation Fund

There are many ways that the Walt Disney Company helps to contribute to the good of our planet. From the impressive VoluntEARs, to the Florida Green Lodging Program, Disney is always looking for ways to lead the industry in corporate social responsibility.

POSTED Tue, 10/16/2012 - 05:05 | POSTED BY Kristen Kirk
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Looking Back: Walt Disney and the Alice Comedies

October 16th, 1923 is an important date for Walt Disney fans; it's that day that Walt signed a contract with M. J. Winkler to produce a series of Alice Comedies. Looking back through history it is widely considered to be the start of Walt Disney's success in its first incarnation as the Disney Brothers Cartoon Studio. 89 years ago today, the Walt Disney Company was born.