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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.

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.

‘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.

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.

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.

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.

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.

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.

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.

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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Articles

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.

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.

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:

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.

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.

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.

Should Disney Continue with Stand Alone Hotels?

It was announced last month that The Walt Disney Company has canceled plans to build a 500 room National Harbor resort in Washington, D.C. Disney purchased the 15 acres in May of 2009 for $11 million.

Looking to build a stand-alone Disney branded hotel, they pulled out with Disney spokeswoman Kristin Nolt Wingard stating, "Given the full slate of expansion currently underway at Walt Disney Parks and Resorts, the timing isn't right to proceed with another new project of this scale."

Walt Disney World Resort Leads the Way in Florida's Green Lodging

More and more frequently today families are concerned with the environment; they conserve water, recycle cans and papers, drive hybrid cars, and do what ever they can to help make a better world. Even tourism is going green, and more choices are being made for eco-friendly travel. However, relatively few people realize what a strong choice for environmental conservancy they make when traveling with Disney.