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The Bull Fight: Disney vs. Warner Bros. Discovery
  + stars: | 2024-02-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Bull Fight: Disney vs. Warner Bros. DiscoveryNeedham’s Laura Martin and TD Cowen’s Doug Creutz, join 'Power Lunch' to discuss the media bullfight between Disney and Warner Bros Discovery.
Persons: Laura Martin, Doug Creutz Organizations: Disney, Warner Bros, Warner Bros Discovery
It may be the shortest hole on the course, but Royal Liverpool’s par-three 17th hole is already proving a tall order for some players at the 151st edition of the tournament. When Rory McIlroy lifted the Claret Jug in 2014, the 17th hole was a 458-yard par four. General view across the 17th tee as crowds look on during a practice round prior to The 151st Open at Royal Liverpool Golf Club. Though an opening one-over 72 marked a disappointing start to his latest pursuit of a second major, he did birdie the 17th hole. Herbert’s strong start crumbled after his 17th tee drive skewed left to settle at the bottom of the green’s slope.
Persons: , Lucas Herbert, ” Herbert, Martin Ebert, , , Rory McIlroy, it’s, Stuart Franklin, , , Martin Slumbers, , Cameron Smith, Andrews, Slumbers ’, “ That’s, ” Smith, There’s, ” England's Oliver Wilson, Glyn Kirk, Billy Foster, caddie, Matt Fitzpatrick, ” Foster, ” Fitzpatrick, Fitzpatrick, Stuart Kerr, Pete Cowen, Brooks Koepka, They’ll, ” Cowen, Cowen, Foster, Cowen’s, Koepka, Pete, Kevin C, Cox, Herbert’s, It’s, ” Jordan Spieth, Jon Rahm –, Spieth, ” England’s Jason Day, “ There’s, Matthew Jordan, ” Jordan Organizations: CNN —, Royal Liverpool, 151st, Royal Liverpool Golf Club, TPC, Royal, St, Getty, coy, May’s, CNN, Oak Hill Country, Merseyside Locations: Augusta, It’s, AFP, , New York
New York CNN —Fitch Ratings is keeping the United States on watch for a potential credit rating downgrade even after Congress passed a last-minute bill to avert a disastrous default. Although the resolution to the debt ceiling fight is a “positive,” Fitch expressed deep concern about the recurring brinksmanship and worsening polarization in Washington. That reasoning is similar to the rationale behind the downgrade by S&P in 2011 – an unprecedented step that occurred after Congress agreed to raise the debt ceiling. The latest debt ceiling battle has prompted more calls for reform or even eliminating the debt ceiling. This isn’t the first time the credit ratings firm has sounded the alarm about the messy state of affairs in America.
Persons: New York CNN — Fitch, Fitch, ” Fitch, “ Fitch, Richard Francis, Francis, Joe Biden, Chris Krueger, ” Krueger, , James McCormack, Fitch’s, ” McCormack Organizations: New, New York CNN, CNN, Fitch, AAA, House Republicans, Congressional, Cowen’s Washington Research Group, Security, Medicaid, Fed, Treasury Locations: New York, United States, Washington, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'It's largely going to be the center' that carries debt ceiling deal, says Cowen’s Chris KruegerChris Krueger, TD Cowen Washington Research Group strategist, joins 'Squawk Box' to discuss the latest in debt ceiling negotiations, and whether a deal can be reached before the U.S. defaults on its debt.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe see record airline revenues in Q2 and Q3, says Cowen’s Helane BeckerHelane Becker, Cowen managing director, joins 'Squawk Box' to discuss the state of the aviation industry, travel demand, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Chinese balloon over U.S. should concern us all, says Longview Global's Dewardric McNealCowen’s Roman Schweizer and Longview Global’s Dewardric McNeal join 'The Exchange' to discuss defense stocks as U.S.-China tensions rise.
New York CNN —Southwest Airlines’ customers are furious about the company’s Christmas week service meltdown. Southwest said that it lost about $350 million in ticket sales for January and February because people have avoided bookings on the airline. No wonder: the holidays are perhaps the worst time of the year to strand customers. One group that has clearly not forgiven Southwest as of yet is airline investors. Southwest (LUV) shares closed Tuesday down only 1% from where they closed December 19, the day before the meltdown started.
Yeezy without the Ye? Who is new ‘sole’ owner
  + stars: | 2022-10-25 | by ( Jon Sarlin | ) edition.cnn.com   time to read: +7 min
While the Adidas statement definitively closes the door on selling Yeezy branded products, according to legal experts I talked with, it opens the door for them to rebrand the existing Yeezy designs sans Ye. Haff told me that the “sole owner” sentence in Adidas statement is a legal “warning shot” to Ye. Could Ye now build out his own Yeezy fashion brand? Adidas’ Yeezy sneakers were some of the most coveted and influential shoes, often selling for thousands of dollars on the resale market. Last month, Cowen analyst John Kernan estimated that the Yeezy brand accounts for 4 to 8% of Adidas’ overall revenues.
How Cowen’s golden parachutes landed with a thud
  + stars: | 2022-10-07 | by ( John Foley | ) www.reuters.com   time to read: +7 min
It's not unusual for executives to have so-called golden parachutes that trigger when their company is sold. Compared with the $400 million TD might have had to pay, that sounds like a bargain. But as a proportion of the overall deal value, Cowen’s executives punch above their weight. So even if Cowen’s top brass have agreed not to open their golden parachutes, they’ll still land at TD with considerable impact. The deal included a renegotiation of the severance packages held by Cowen’s top six executives, including Chief Executive Jeffrey Solomon.
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