Word: kupinski
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...culture. As the newly appointed nonexecutive chairman of the Walt Disney Co., he may aim to keep things calm. A shareholder revolt forced the board to remove CEO Michael Eisner as chairman in 2004 and opt for a nonexec chair. Although Pepper lacks media experience, A.G. Edwards analyst Michael Kupinski says Disney will benefit from Pepper's global-branding background as it expands worldwide. With shares up 30% since October, Disney's shareholders have been as quiet as a you-know-what. --By Julie Norwell...
...initial response to the company's innovative attempt to shave its debt was to run for cover. In just a week, Time Warner shares dropped 25 points, to under $95. "They're calling upon the shareholders to buck up and pay down the company's debt," griped Michael Kupinski, a communications- industry analyst. "Why take the risk? You're not going to know what you have to pay until afterward." Others appeared to disagree, including Gordon Crawford, a money manager at the Los Angeles-based institutional holder Capital Group, which owns 12% of Time Warner's stock. "It makes long...
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