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☆ Disney is an outstanding asset, says Guggenheim's Michael Morris
▼ + stars: | 2024-05-07 | 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 EmailDisney is an outstanding asset, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities entertainment & media analyst, joins 'Squawk on the Street' to discuss Disney as shares fall on its Q2 earnings results.

Persons: Guggenheim's Michael Morris Michael Morris Organizations: Guggenheim Securities, Disney

☆ Netflix: Guggenheim raises its price target on the stock to $700
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix: Guggenheim raises its price target on the stock to $700Michael Morris, Guggenheim Securities analyst, joins 'Squawk on the Street' to discuss his confidence in Netflix, why the company's total addressable market could expand, and more.

Persons: Michael Morris Organizations: Netflix, Guggenheim, Guggenheim Securities

☆ Karen Read trial: Boston cop John O’ Keefe’s girlfriend goes on trial for murder
▼ + stars: | 2024-04-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +8 min

O’Keefe’s body was found in the snow on January 29, 2022, outside the home of a fellow Boston police officer in Canton, Massachusetts. Boston Police Department/AP“It’s fair to say a large number of people in Massachusetts know about this case,” Medwed told CNN. As the trial gets underway at the Norfolk County Superior Court building in Dedham, Massachusetts, here are the key highlights. The body of police officer John O'Keefe was found near the fire hydrant outside this home on Fairview Road in Canton, Massachusetts. Protesters gather outside the courthouse during a recent pretrial hearing for Karen Read at Norfolk County Superior Court in Dedham, Massachusetts.

Persons: John O’Keefe, Karen Read, Daniel Medwed, John O'Keefe, ” Medwed, haven’t, Read, Craig F, Walker, Alan Jackson, David Yannetti, Jackson, O’Keefe, ” Jackson, “, Kevin Reddington, Michael Morrissey, ” Morrissey, David L, Ryan, Adam Lally, “ It’s, ” Lally, Helena Rafferty, Karen Read ”, Beverly Cannone, Cannone, ” Cannone, Read’s Organizations: CNN, Boston Police, Boston, Lexus, Northeastern University . Boston Police, Boston Police Department, Court, Boston Globe, US, Office, District of, Massachusetts State Police, Protesters, Superior, WFXT, Canton Police Locations: Canton , Massachusetts, Canton, Norfolk County, Boston, Massachusetts, Norfolk, Dedham , Massachusetts, Fairview, …, Aruba, District of Massachusetts, Superior Court

☆ Here's what to know about 'Bridget Jones: Mad About the Boy,' as Renée Zellweger and Hugh Grant are set to return for fourth film — but not Colin Firth
▼ + stars: | 2024-04-10 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

The latest "Bridget Jones" sequel, "Mad About The Boy," premieres on Peacock on February 14, 2025. AdvertisementRenée Zellweger, Hugh Grant, and Emma Thompson are returning to the "Bridget Jones" franchise for a fourth film — but won't be joined by fan-favorite Colin Firth. Helen Fielding, the author of the "Bridget Jones" novels on which the movies are based, told RadioTimes in October 2022 that she was ready to adapt the third book in the series "Bridget Jones: Mad About the Boy." Here's what to know about the cast and plot of "Bridget Jones: Mad About the Boy." Spoilers ahead for "Bridget Jones: Mad About the Boy" and "Bridget Jones's Baby."

Persons: Bridget Jones, Peacock, Renée Zellweger, Hugh Grant, Emma Thompson, Leo Woodall, Chiwetel, Colin Firth, —, Helen Fielding, RadioTimes, Michael Morris, Zellweger, Grant, Firth, Bridget Jones's, Zellweger's, Bridget Jones's Baby Organizations: Service, Office Mojo Locations: U.S

☆ Investors are surprised by Warner Bros. Discovery's lack of full-year guidance: Guggenheim's Morris
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are surprised by Warner Bros. Discovery's lack of full-year guidance: Guggenheim's MorrisMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what Morris makes of Warner Bros. Discovery's quarterly earnings results, why the company decided not to release full-year guidance, and more.

Persons: Guggenheim's Morris Michael Morris, Morris Organizations: Investors, Warner Bros, Guggenheim Securities

(AP) — A second Rhode Island man charged with assault and battery and disorderly conduct in connection with the death of a fan at a New England Patriots game pleaded not guilty Friday. In a brief court appearance, Justin Mitchell, 39 was arraigned in Wrentham District Court over allegations he and 59-year-old John Vieira, both from Warwick, Rhode Island, punched 53-year-old Dale Mooney, of Newmarket, New Hampshire. Vieira pleaded not guilty last week. The Office of the Chief Medical Examiner provided preliminary indications that did not suggest traumatic injury, but did identify a medical issue, according to the district attorney’s office. Political Cartoons View All 253 ImagesFinal determinations delivered to the Norfolk District Attorney’s Office ruled the manner of death a homicide.

Persons: —, Justin Mitchell, John Vieira, Dale Mooney, Vieira, Mitchell, Mooney, Michael Morrissey Organizations: Rhode, New England Patriots, Gillette Stadium, Miami Dolphins, Attorney’s Locations: Wrentham District, Warwick , Rhode Island, Newmarket , New Hampshire, Norfolk

☆ Bob Iger has been 'fixing' Disney and putting the company in a position to grow: Guggenheim's Morris
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBob Iger has been 'fixing' Disney and putting the company in a position to grow: Guggenheim's MorrisMichael Morris, Guggenheim Securities media and entertainment analyst, joins 'Squawk on the Street' to discuss why Morris would give Iger a B grade in his first year back as Disney CEO, Morris' expectations for fixing the general entertainment business, and how the analyst would judge Disney's position relative to peers.

Persons: Bob Iger, Guggenheim's Morris Michael Morris, Morris Organizations: Disney, Guggenheim Securities

☆ Here's why Warner Bros. Discovery stock is down
▼ + stars: | 2023-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Warner Bros. Discovery stock is downMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what's pressuring Warner Bros. Discovery's stock, his reaction to WBD's forward guidance, and what surprised Wall Street.

Persons: Michael Morris, Wall Organizations: Warner Bros, Guggenheim Securities

☆ Alphabet shares plummet after cloud revenue falls short. What the pros say to do next
▼ + stars: | 2023-10-25 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet shares plummet after cloud revenue falls short. What the pros say to do nextJim Cramer, veteran tech investor Paul Meeks, Michael Morris of Guggenheim Securities, Stephanie Link of Hightower Advisors and Jason Snipe of Odyssey Capital Advisors discussed Alphabet after the company reported third-quarter results that beat on the top and bottom lines but missed on cloud revenue estimates.

Persons: Jim Cramer, Paul Meeks, Michael Morris, Stephanie Link, Jason Snipe Organizations: Guggenheim Securities, Hightower Advisors, Odyssey Capital

☆ AI will be a multi-trillion dollar opportunity for the industry at large, says Guggenheim's Morris
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI will be a multi-trillion dollar opportunity for the industry at large, says Guggenheim's MorrisMichael Morris, Guggenheim Securities entertainment & media analyst, and CNBC's Julia Boorstin\ join 'Squawk on the Street' to discuss Google's earnings miss on its cloud business, whether the stock deserves to be punished how it has.

Persons: Guggenheim's Morris Michael Morris, CNBC's Julia Boorstin \ Organizations: Guggenheim Securities

☆ Paramount's Shari Redstone is open for business, but business may not be open for her
▼ + stars: | 2023-10-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +11 min

Paramount Global 's controlling shareholder is open to a merger or selling the company at the right price, according to people familiar with her thinking. Spokespeople for Redstone and Paramount Global declined to comment. Paramount Global's market value was below $8 billion as of Friday. Discovery could merge with Paramount Global, though putting together Warner Bros. and Paramount Pictures may hold up deal approval with U.S. regulators. Paramount Global isn't actively working with an investment bank on a sale, according to people familiar with the matter.

Persons: Shari Redstone, David A, CNBC Shari, Jon Miller, SpongeBob, Guggenheim, Michael Morris, Morris, Warren Buffett, Berkshire Hathaway, Bob Bakish, Bakish, Wells, Steven Cahall, Cahall, CNBC's David Faber, Lina Khan, Laura Martin, haven't, Simon, Simon & Schuster, Sumner Redstone, NAI, Jim Cramer Organizations: National Amusements, Paramount Global, Allen & Company Sun Valley, Grogan, CNBC, Paramount, Redstone, Integrated Media, Advancit, Paramount Pictures, CBS, MTV, Nickelodeon, Comedy Central, BET, Showtime, NFL, Champions League, Viacom, Berkshire, Paramount Global's, Tech, Apple, YouTube, National Football, Federal Trade, Big Tech, Comcast, NBC, Fox, Disney, Needham & Co, Netflix, Bain, Co, Warner Bros, Sky, Scripps, Discovery, Simon &, MSD Partners Locations: Sun Valley , Idaho, Los Angeles , California, U.S

☆ We continue to be bullish on the long-term prospects for Netflix, says Guggenheim's Michael Morris
▼ + stars: | 2023-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe continue to be bullish on the long-term prospects for Netflix, says Guggenheim's Michael MorrisSean McNulty, contributor at The Ankler, and Michael Morris, Guggenheim Securities entertainment and media analyst, join 'Power Lunch' to discuss Netflix as the streaming giant reports its earnings after the bell, whether investors favor the company, and more.

Persons: Guggenheim's Michael Morris Sean McNulty, Michael Morris Organizations: Netflix, Guggenheim Securities

☆ The Charter-Disney showdown didn't transform the TV industry, after all, despite the hype
▼ + stars: | 2023-09-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Charter and Disney have reached a rights deal, and the media industry was duped. Slate's headline the same day honed in further: "Disney Is in a Fight That Might Change TV Forever." But there's a reason why Dolan discussed this concept a decade ago and still linear cable TV exists. Charter still makes money by offering linear cable TV. Comcast , the largest U.S. cable TV provider, owns a slew of cable networks.

Persons: Devin Singletary, Michael Morris, Chris Winfrey, Winfrey, Goldman, CNBC's David Faber, Aaron Rodgers, haven't, Jim Dolan, Dolan, It's, it's Organizations: Buffalo Bills, New York Jets, Highmark, Charter, Disney, Street Journal, Marks, CNBC, Guggenheim Securities, ESPN, ABC, U.S, Cablevision, Comcast, DirecTV Locations: Orchard Park , New York, Goldman Sachs, New York

☆ Wells Fargo cuts price target on Disney. Here's what the pros say to do next
▼ + stars: | 2023-09-05 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWells Fargo cuts price target on Disney. Here's what the pros say to do nextJim Cramer, Rich Greenfield of LightShed Partners, Michael Morris of Guggenheim Securities and Joe Terranova of Virtus Investment Partners discussed Disney after Wells Fargo cut its price target on the stock to $110 from $146 but is keeping its 'overweight' rating.

Persons: Jim Cramer, Rich Greenfield, Michael Morris, Joe Terranova, Wells Organizations: Disney, LightShed Partners, Guggenheim Securities, Virtus Investment Partners

☆ The Charter-Disney will shape distribution contracts going forward, says Guggenheim's Michael Morris
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Charter-Disney will shape distribution contracts going forward, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss the ongoing dispute between Disney and Charter Communications, media valuation multiples trading at a discount as pressure from strikes mount.

Persons: Guggenheim's Michael Morris Michael Morris Organizations: Disney, Guggenheim Securities, Charter Communications

☆ Disney has a math problem as it strives to compete with Netflix, Wall Street analysts warn. Here's why Bob Iger is destined to make a $9 billion bet on Hulu anyway.
▼ + stars: | 2023-06-16 | by ( James Faris | ) www.businessinsider.com time to read: +11 min

Disney CEO Bob Iger must decide whether to acquire all of Hulu and fold it into Disney+. By buying all of Hulu, Disney could integrate its content into Disney+, which would make the flagship Disney streamer a formidable challenger to Netflix. "You look at the Disney+ bundle with Disney+, Hulu, and ESPN+, and it's a pretty powerful combination," Nispel told Insider. Currently, the ad versions of Hulu and Disney+ each cost $8 per month while ad-free Hulu and Disney+ cost $15 and $11, respectively. The consensus among analysts about Disney's Hulu dilemma was neatly summarized by Barton Crockett of Rosenblatt Securities, whose price target implies 26% upside for Disney.

Persons: Bob Iger, Iger, that's, Joe Bonner, Brandon Nispel, Nispel, Disney's, Wells, Steven Cahall, Cahall, Hulu, Michael Morris, He's, Morris, Disney, Will Iger, Barton Crockett, Crockett Organizations: Disney, Hulu, Comcast, Netflix, Wall, Argus Research, KeyBanc, ESPN, TAM, Rosenblatt Securities Locations: Hulu

☆ Disney is playing the long game in business structure, says Guggenheim's Michael Morris
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney is playing the long game in business structure, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities, joins 'Squawk on the Street' to discuss Morris' reaction to Disney's decision to scrap its new campus plans, Morris' expectations to the company's cost-cutting efforts and how the decline of linear networks will impact Disney's business.

☆ Why some analysts are still worried about Roku even after it posted strong Q4 results
▼ + stars: | 2023-02-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Roku is not out of the woods yet, even after posting strong results for the fourth quarter, according to some analysts. The company's first-quarter revenue guidance of about $700 million also beat a StreetAccount estimate of $691.6 million. While those results and guidance are welcome by the market — Roku shares rallied 12% in the premarket — some analysts covering the stock remain skeptical about the company's prospects going forward. The ad market has taken a hit in recent months as companies pulled back as a way to save money. "Given mgmt's track record of conservative guidance ... we think investors will look past weaker 1Q revenue guidance," Helfstein said in a Wednesday note to clients.

☆ Disney needs to show investors it has a plan to make streaming profitable — and stop hemorrhaging money
▼ + stars: | 2023-02-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Disney's direct-to-consumer unit, which includes streaming platforms Disney+, Hulu and ESPN+, has yet to reach profitability — losing nearly $1.5 billion last quarter. Those loses spurred Disney's board to push out then-CEO Bob Chapek and bring Iger back to the top job. In 2021 Disney spent $25 billion to produce original content, and the following year expanded its budget to $33 billion. Similarly, Macquarie's Nollen said Disney's advertising-based subscription tier for Disney+ is "a lever Disney can pull to raise revenue." "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?"

☆ Meta's short video Reels may finally be ready to challenge TikTok, analysts say
▼ + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Improving Reels engagement is boosting analysts' confidence in the short-form video platform's ability to compete with TikTok. META 1D mountain Meta Platforms shares surged more than 28% Thursday, on pace for their best day since 2013. Looking ahead, some analysts believe that Reels plays a dominant role in improving Facebook's efficiency. Easing TikTok tensions As for TikTok, some analysts say Reels is in position to overtake the short-form video leader that finds itself under increasing pressure as calls for a nationwide bans grow. JPMorgan analyst Doug Anmuth views improving Reels engagement trends and artificial intelligence investments as a way to temper threats from TikTok.

☆ Analysts laud Meta Platforms' focus on efficiency, say the stock is transitioning from 'doghouse to pedestal'
▼ + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Meta Platforms is turning its focus toward efficiency, and analysts seem to like the narrative shift from the battered technology giant. "Our management theme for 2023 is the 'Year of Efficiency' and we're focused on becoming a stronger and more nimble organization." META YTD mountain Meta Platforms shares have already surged 27% this year Analysts also seemed to praise the company's move to lower its outlook for capital expenditures and operating expenses. The word "efficiency" came up over 25 times on the company's earnings call, according to Morgan Stanley's Brian Nowak. The analyst has an outperform rating on Meta and hiked his price target to $275, which implies upside of nearly 80%.

☆ Meta shares rocket 25%, on pace for the best day in a decade
▼ + stars: | 2023-02-02 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Meta shares jumped 25% Thursday morning, on pace for the best day in nearly a decade, with a slew of analyst upgrades coming off the back of a fourth-quarter revenue beat and optimistic prognostications from CEO Mark Zuckerberg. Meta shares sit at their highest point since September 2022, weeks before a disastrous third-quarter earnings report that prompted analysts across Wall Street to openly question Zuckerberg's leadership. posited Evercore ISI analyst Mark Mahaney. He cited "materially reduced expense projections" and a larger-than-anticipated share buyback, upping his price target to $275 and reiterating an outperform rating. At Guggenheim, Michael Morris revised his price target to $210, maintaining a buy rating, citing in part lowered costs and a belief in management messaging on "momentum."

BOSTON, Jan 17 (Reuters) - The husband of a Massachusetts woman who has been missing since New Year's Day was charged on Tuesday with her murder after authorities earlier said they had found a knife and blood in the basement of their home, a prosecutor said on Tuesday. Walshe will be arraigned Wednesday in Quincy District Court. Ana Walshe, who worked in real estate company Tishman Speyer's Washington office, was reported missing on Jan. 4 by her employer and husband. Brian Walshe initially said had taken a ride-hailing service to the airport for a flight to Washington for work, authorities have said. Beland said investigators later discovered that Brian Walshe on Jan. 2 bought $450 of cleaning supplies at a Home Depot.

☆ Disney shares spike after Bob Iger returns to CEO post
▼ + stars: | 2022-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney shares spike after Bob Iger returns to CEO postRosenblatt Securities Analyst Barton Crockett and Guggenheim Analyst Michael Morris join 'Squawk on the Street' to discuss the return of Bob Iger as Disney CEO, the factors leading to this decision, and the potential outcomes for Disney.

☆ Guggenheim downgrades Roku, citing warning signs after latest quarterly report
▼ + stars: | 2022-11-03 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Guggenheim is worried about Roku after the company posted its latest quarterly results. On Wednesday, the company issued fourth-quarter revenue guidance that was well below expectations, along with a larger-than-expected adjusted EBITDA forecast. Roku did reported a smaller-than-expected loss for the third quarter, but Morris noted those expectations were already slashed as the business has suffered. But he still expects the company to beat when reporting fourth-quarter earnings. Fourth-quarter total net revenue guidance was predicted by Guggenheim to be 1% lower than the same quarter a year ago.

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