Categories
Disney Financials Other

Saudi Arabia Investment Fund Buys 5 Million Shares in Disney Stocks

Investment Fund

A Saudi Arabian wealth fund revealed in a SEC filing how they’ve been pursuing the purchase of U.S. investments. The Securities and Exchange Commission showed how Saudi Arabia’s Pubic Investment Fund recently purchased more than 5 million shares of stock in the Walt Disney Company for under $500 million.

To put it in perspective, even though it’s a substantial dollar amount, the 5 million shares are less than a fraction of a percent of the company’s total shares. The wealth fund has lately been seeking investments in U.S. sports and entertainment companies. According to a SEC filing, the investment entity recently bought more than 12.3 million shares of Live Nation’s stock, which now gives them a 5.7% stake in the entertainment company.

The Public Investment Fund (PIF) also bought shares in several other major companies. For instance, they bought shares of Berkshire Hathaway, Starbucks, Back of America, and Facebook. The PIF controls more than $300 billion in assets and is led by Crown Prince Mohammed bin Salman. Today, the fund’s portfolio totals more than $10 billion in U.S. holdings.

Due to the COVID-19 pandemic, companies such as Disney have been accumulating debt since they were unable to operate their routine business functions. From a debt perspective, acquiring new investors helps them leverage the debt with new equity.

Source: The Wrap

From our friends at chipandco.com

Categories
Disney Parks Other

VP & Florida Governor discuss theme park opening this Wednesday

Florida Governor

Two months after the closure of Orlando theme parks, the state of Florida is currently making its way through the first phase of reopening businesses. The COVID-19 pandemic changed our daily lives and we’re slowly returning to normal activity while complying with CDC safety guidelines. Vice President Mike Pence is meeting with Florida Governor Ron DeSantis to discuss the next stages of Florida’s economic reopening.

On Friday, Florida Governor DeSantis announced that theme parks could start submitting their reopening plans. So far Walt Disney World Resort, Universal Orlando, and SeaWorld Orlando have not revealed any tentative plans yet. But we are getting one step closer to seeing them return! These theme park organizations are able to submit their plans this week, so government officials will be working closely on reviewing their plans. The Vice President and Florida Governor are joining a roundtable with tourism and hospitality leaders to plan the state’s future. In regards to the phases, caution is highly advised for decision-making to ensure proper safety protocols are in place.

The fact that these roundtable discussions are taking place is a good sign. It indicates that theme parks will open again soon, so we’ll be keeping our readers informed of any confirmed news updates.

Source: Click Orlando

From our friends at chipandco.com

Categories
Disney Recipes Other

Pumpkin Pancakes Recipe
Pumpkin Pancakes

Pumpkin Pancakes

Pumpkin Pancakes – Makes 10 4-inch pancakes

Ingredients

  • 1 cup whole milk
  • 1 egg
  • 2 tablespoons butter, melted
  • 1/3 cup canned pumpkin
  • 1 teaspoon vanilla extract
  • 1 1/4 cups all-purpose flour
  • 2 tablespoons sugar
  • 2 teaspoons baking powder
  • 1/2 teaspoon ground cinnamon
  • 1/2 teaspoon ground ginger
  • 1/2 teaspoon ground nutmeg
  • 1/2 teaspoon salt
  • 1/8 teaspoon ground cloves

Instructions

  1. Combine milk, egg, melted butter, pumpkin, and vanilla
  2. extract in small bowl. Set aside.
  3. Whisk flour, sugar, baking powder, cinnamon, ginger,
  4. nutmeg, salt, and cloves in medium bowl. Fold wet
  5. ingredients into flour mixture.
  6. Heat lightly-oiled large skillet or griddle over medium heat
  7. until hot. Add 1/4 cup scoops of pancake batter onto griddle.
  8. Cook for 3 minutes on each side or until golden brown.

From our friends at www.magicalrecipes.net

Categories
Disney Parks Disney Recipes Other

#DisneyMagicMoments: Elbows off the Table – Here Comes the Peanut Butter & Jelly Milk Shake from 50’s Prime Time Café

Be sure to clean up your dinner plate before you tackle this yummy milk shake from 50’s Prime Time Café at Disney’s Hollywood Studios. This recipe is quick and easy and sure to please! We even have a handy dandy video to show you how to make it. Just be sure to mind your manners and behave yourself at the dinner table…and save room for dessert!

Peanut Butter & Jelly Milk Shake from 50’s Prime Time Café

Peanut Butter & Jelly Milk Shake from 50’s Prime Time Café at Disney’s Hollywood Studios

Serves 1

Ingredients:

  • 2 tablespoons peanut butter
  • 2 tablespoons jelly (strawberry or grape)
  • 2 cups vanilla ice cream
  • 1/4 cup milk

Directions:

  1. Add all ingredients to blender and blend until smooth.
  2. Add additional peanut butter or jelly to taste.

Cook’s Notes: Two cups sliced strawberries can be substituted for jelly.

Note: This recipe has been converted from a larger quantity in the restaurant kitchens. The flavor profile may vary from the restaurant’s version. As a reminder while preparing this recipe, please supervise children who are helping or nearby.

Click here for a print-at-home version of this recipe!

From our Disney family to yours, we hope you enjoy this classic recipe from 50’s Prime Time Café. And be sure to share the fun with Disney fans all over the world using the hashtag #DisneyMagicMoments. Keep checking back to the Disney Parks Blog for even more #DisneyMagicMoments and more magical recipes. Happy snacking, Disney fans!

From our friends at disneyparks.disney.go.com

Categories
Disney Recipes Other

Disney Magic at Home: Ultimate Double Chocolate Cookies from Ghirardelli

Ultimate double chocolate cookies

Create Disney magic at home with this delicious recipe from D23 for Ghirardelli’s Ultimate Double Chocolate Cookies! Simply gather the necessary ingredients and follow the directions below and you’ll have your Ultimate Double Chocolate Cookies in no time!

GHIRARDELLI ULTIMATE DOUBLE CHOCOLATE COOKIES: 

Yield: 24 cookies

  • 12 ounce(s) semi-sweet chocolate chips
  • 10 ounce(s) 60% cacao bittersweet chocolate chips
  • 6 tablespoon(s) unsalted butter
  • 3 eggs
  • 1 cup(s) sugar
  • 1/3 cup(s) all-purpose flour
  • 1/2 teaspoon(s) baking powder
  • 1 cup(s) chopped walnuts

Directions
1. In double boiler over hot water, melt bittersweet chocolate chips and butter.
2. In large bowl with electric mixer or whisk, beat eggs and sugar until thick; stir into chocolate mixture.
3. In small bowl, stir together flour and baking powder; stir into chocolate mixture. Gently mix in semi-sweet chocolate chips and walnuts.
4. Using a sheet of plastic wrap, form dough into two logs, each 2 inches in diameter and about 12 inches long.
5. As dough will be quite soft, use plastic wrap to hold dough in log shape. Wrap tightly; refrigerate at least 1 hour or until firm.
6. Heat oven to 375°F. Unwrap dough; with sharp knife, cut into 3/4-inch slices.
7. Place slices 1 1/2 inches apart on greased or parchment-lined cookie sheet.
8. Bake 12 to 14 minutes or until shiny crust forms on top but interior is still soft. Cool on baking sheet; store in airtight tin up to 1 week.

We hope you enjoy baking these Ultimate Double Chocolate Cookies from Ghirardelli with this recipe from D23. Let us know how they turn out in the comments below!

Photo and recipe source D23.

From our friends at chipandco.com