Business: Disney stock
From Astro
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| born on | 12 November 1957 at 10:00 (= 10:00 AM ) | ||||
| Place | New York NY, USA, 40n42, 74w00 | ||||
| Timezone | EST h5w (is standard time) | ||||
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| Astrology data |   19°58'   20°32 Asc. 00°32'
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Biography
American stock market item: the first offer of Disney's company stock to the public.
On 4/05/2001, in a surprising announcement, the Walt Disney Company revealed plans to eliminate approximately 4,000 jobs in an effort to bolster its sagging bottom line. While reflecting the overall downward trend of the economy, the cutback is also an indication of hard times at the Mouse House. Park attendance is down, advertising and retail revenues are lagging and the company's stock has dropped more than 30 percent in the last six months.
Source Notes
Given on the Internet 5/2001, from Bill Meridian's Planetary Stock Trading)
Categories
- Mundane : Business/Finance : First Trade Date
