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Market Closed -
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5-day change | 1st Jan Change | ||
| 113.7 USD | +0.92% |
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+0.82% | +25.88% |
| 11:15am | News Highlights : Top Global Markets News of the Day - Monday at 5 AM ET | DJ |
| 09:15am | News Highlights : Top Global Markets News of the Day - Monday at 3 AM ET | DJ |
NEW YORK (Reuters) - Norges Bank Investment Management, one of Walt Disney's biggest investors, said on Tuesday that it voted to re-elect the entertainment giant's directors, dealing a blow to the hedge funds pushing for seats on Disney's board.
NBIM, which manages the Norwegian Government Pension Fund and owned a 5% stake in Disney at the end of last year, said it voted for 11 of the company's 12 directors but withheld its vote from Mark Parker, Disney's board chairman.
It did not vote for any candidates proposed by hedge funds Trian Fund Management or Blackwells Capital.
(Reporting by Svea Herbst-Bayliss;Editing by Kirsten Donovan)
| 1st Jan change | Capi. | |
|---|---|---|
| +25.88% | 208B | |
| +11.75% | 16.35B | |
| -12.85% | 8.98B | |
| -12.96% | 8.19B | |
| 0.00% | 4.88B | |
| +35.41% | 4.32B | |
| +13.78% | 3.6B | |
| +4.92% | 3.56B | |
| +47.24% | 2.73B | |
| +19.13% | 2.62B |
WALT DISNEY COMPANY (THE) 
