Company News: Disney, Dell, Apple, Zynga, Google, Citigroup, Fannie Mae, Samsung

Iger Stays in the Picture

• Bowing to board pressure, Walt Disney CEO Robert Iger has agreed to put off his planned retirement by 15 months. Iger, who became chief executive officer in 2005, was scheduled to relinquish the title on April 1, 2015. Under his watch, Disney shareholders have logged a 193 percent return. Bad reviews for The Lone Ranger, which hit theaters over the July 4 holiday, have analysts predicting the $225 million film will be Disney’s biggest blooper since John Carter, which lost $200 million in 2012.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.