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Here are Thursday's biggest calls on Wall Street: TD Cowen upgrades Meta to outperform from market perform TD Cowen said it sees further share gains ahead for Meta. TD Cowen reiterates Amazon as outperform TD said it's bullish heading into Amazon earnings later this month. Deutsche Bank reiterates Microsoft as buy Deutsche said the stock is "set up nicely" heading into earnings later this month. " Bank of America reiterates Tesla as neutral Bank of America said it's standing by its neutral rating heading into earnings next week. BMO reiterates Chevron as outperform BMO said in a note on Thursday that it likes the oil and gas giant's capital return.
Persons: Cowen, TD Cowen, it's, Stifel, Coinbase, JPMorgan downgrades, Morgan Stanley, Cboe, Morgan Stanley downgrades SoFi, Tesla, Domino's, Robert Iger, Oppenheimer Organizations: Meta, Energy Fuels, Clean Energy Fuels Corp, Barclays, JPMorgan, Spotify, Deutsche Bank, Microsoft, Deutsche, BMO, Netflix, " Bank of America, of America, Suisse, Credit Suisse, Bank of America, Disney, ESPN, Chevron Locations: China
Disney extends CEO Bob Iger's contract through 2026
  + stars: | 2023-07-12 | by ( ) www.reuters.com   time to read: +1 min
The board said in a statement that it aimed to maintain "continuity of leadership during the company’s ongoing transformation." Terms of his contract include opportunity to receive an annual incentive bonus of five times his base salary. In his previous contract, he was entitled to an estimated $27 million per year in total compensation. Meanwhile, the television business is confronting long term and likely irreversible declines in audiences. In February, Disney said it would cut 7,000 jobs in a major overhaul to save $5.5 billion in costs.
Persons: Walt Disney's, Robert Iger's, Iger, Bob Chapek, Disney, Yuvraj Malik, Kenneth Li, Shailesh Kuber, David Gregorio Our Organizations: Disney, Thomson Locations: Bengaluru, New York
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Persons: Dow Jones, igers, b9bc3637
NYC Mayor Eric Adams carries around a photo of a slain police officer in his wallet. But the NYT reports that the photo was printed recently — and aides used coffee to make it look older. "I still think about Robert," Adams said at a news conference during his first months in office. According to the New York Times, Adams' wallet-sized photo of Officer Robert Venable, a friend of the mayor who died in the line of duty in 1987, was only recently created. Adams later posed for a portrait with the photo of Venable for a New York Times article published in February 2022.
Persons: Eric Adams, Adams, he's, , Robert, Robert Venable, Venable, Fabian Levy, Levy Organizations: Service, York City, New York Times, The Times, Times Locations: York
The film had its beginnings in 2015, the same year the book was published, and is that rarest of Hollywood literary makeovers. For Stevenson, much of the book spoke to his own upbringing and experiences. Stevenson, 31, was born and raised in Columbia, S.C., the middle child of five siblings. After years of home-schooling and two more at the local high school, he went to the Maryland Institute College of Art, where he began posting Nimona comics online in 2012, a project that became his senior thesis. “When I first started making the comic, I didn’t consider myself a writer,” he said.
Persons: Nimona, Stevenson, , , Nimona ”, Eisner, ” Stevenson, Ra Organizations: Hollywood, Netflix, Maryland Institute College of Art, , Fox Animation, Blue Sky Studios, DreamWorks, Media Locations: Hollywood, Burbank, Sur Monterey County, Columbia
At the start of Robert Icke’s “The Doctor,” the actress Juliet Stevenson stands alone in a spotlight onstage. I’m a doctor.”As the play’s title character, a grammatically exacting neurosurgeon named Ruth Wolff, Stevenson will repeat those last two phrases many times as events unfold and Ruth’s clarity and intellectual certainties erode. Eventually they will transmute into something far more inchoate as her life unravels, and self-doubt begins to permeate her conviction that being a doctor is all that matters. In Icke’s version, the issues go beyond questions of medical ethics and religious affiliations to include identity politics and cancel culture. The play, and Stevenson, received rave reviews when “The Doctor” was first presented in 2019 at London’s Almeida Theater, where Icke was then the artistic director, and later after it transferred to the West End.
Persons: Robert Icke’s “, Juliet Stevenson, , Ruth Wolff, Stevenson, unravels, Arthur Schnitzler’s, Bernhardi, , Icke, ” Michael Billington Organizations: Roman Catholic, London’s, Guardian Locations: New York, obduracy
REUTERS/Hannah BeierLONDON, June 6 (Reuters) - Half of large multinational companies plan to reduce office space as they adjust to hybrid working patterns, although the cuts are likely to be modest as few plan to go fully remote, a survey from real estate agents Knight Frank showed on Tuesday. Knight Frank said 50% of employers with more than 50,000 staff intended to reduce office space, typically by 10% to 20% in the next three years, as they reassess their needs following the introduction of remote working during the COVID-19 pandemic. But at companies with up to 10,000 staff split across different countries, most expected to increase office space. Mat Oakley, head of commercial research at Savills said demand for office space in London had increased, and flexible working appeared less of a challenge than previously thought. "There are definitely challenges for office demand but these have been largely overstated particularly when you take into consideration employment growth," Oakley said.
Persons: Hannah Beier LONDON, Knight Frank, Tim Armstrong, Antony Antoniou, Robert Irving Burns, Mat Oakley, Savills, Oakley, Suban Abdulla, David Milliken Organizations: FMC Corporation, REUTERS, Bank of England, British, Land Securities, P, Thomson Locations: Philadelphia , Pennsylvania, U.S, Britain, Mat, London
Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.
Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China
An American Airlines plane takes off near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. American Airlines plans to appeal a court's recent ruling that would block its partnership with JetBlue Airways in the Northeast, American CEO Robert Isom said Wednesday. A spokesman for JetBlue declined to comment and didn't say whether the airline also planned to appeal the ruling along with American. U.S. District Judge Leo Sorokin ruled earlier this month that the airlines' partnership in the region is anticompetitive and ordered the airlines to end the partnership in 30 days. American Airlines CFO Devon May said at the same conference on Wednesday that the company didn't expect a material impact this year due to the ruling.
Persons: Robert Isom, Leo Sorokin, We've, Isom, Joe Biden's, Biden, Sorokin, Trump, Devon May Organizations: American Airlines, JetBlue, Fort, Hollywood International Airport, Fort Lauderdale , Florida . American Airlines, JetBlue Airways, American, U.S, District, DOJ, Joe Biden's Justice Department, District of Columbia, Delta, Delta Air Lines, United Airlines, Devon, Justice Department, Spirit Airlines Locations: Fort Lauderdale, Fort Lauderdale , Florida, Northeast, American, Boston, New York
How to Be a Star by Not Giving Your All
  + stars: | 2023-05-31 | by ( Robert Ito | ) www.nytimes.com   time to read: +2 min
IF NORA IS NOTHING LIKE many of Lee’s previous party-girl characters, neither is Lee herself. She’s a mother, for starters, of two young boys with her husband, Russ Armstrong. On set, “Greta is like a Hunter S. Thompson-meets-Fellini character,” Natasha Lyonne said in an interview. Isn’t this completely wild?”Lee, now 40, was born in Los Angeles and spent most of her childhood here. After high school, Lee attended Northwestern University in the hopes of going into musical theater.
Persons: NORA, Lee, She’s, Russ Armstrong, Greta, Thompson, Fellini, ” Natasha Lyonne, , “ I’m, , ” Lee, Liza Minnelli Organizations: , Northwestern University Locations: Los Angeles, American
May 31 (Reuters) - American Airlines Group (AAL.O) will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp (JBLU.O), American CEO Robert Isom said on Wednesday. "We've got a legal system that allows for appeal, and we're going to do that," Isom told the Bernstein Conference. American is the largest U.S. airline by fleet size and low-cost carrier JetBlue is the sixth largest. Even as the Texas-based carrier prepares to appeal the ruling, Isom said it will have to work with the Justice Department and JetBlue to figure out what it does in the interim. American, which reiterated its full-year profit forecast Wednesday, doesn't expect the court ruling to have a material impact on its earnings.
Persons: Robert Isom, Leo Sorokin, We've, Isom, Sorokin, Joe Biden's, doesn't, Rajesh Kumar Singh, David Shepardson, Diane Bartz, Deepa Babington, Lisa Shumaker Organizations: American Airlines Group, JetBlue Airways Corp, . U.S, District, Bernstein Conference, JetBlue, U.S . Justice Department, U.S, Justice Department, Thomson Locations: U.S, American, ., Boston, New York, Texas, Chicago, Washington
An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. American Airlines raised its adjusted earnings outlook for the second quarter thanks to strong travel demand and lower fuel prices. Adjusted per-share earnings will come in between $1.45 and $1.65, American estimated Wednesday, up from a previous forecast of $1.20 to $1.40 per share. American Airlines CEO Robert Isom is scheduled to speak at the Bernstein Strategic Decisions Conference at 4:30 p.m. The airline is scheduled to report results for the second quarter at the end of July.
Persons: it's, Robert Isom Organizations: American Airlines, Miami International Airport, Miami , Florida . American Airlines, American, JetBlue Airways Locations: Miami , Florida, Fort Worth , Texas
American Airlines, pilots reach preliminary labor deal
  + stars: | 2023-05-19 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
An American Airlines plane prepares to land at the Miami International Airport on May 02, 2023 in Miami, Florida. American Airlines and its pilots have reached a preliminary agreement for a new four-year labor contract after months of tense negotiations, a milestone for the country's biggest carrier. The airline was prepared to offer 40% cumulative raises in a four-year deal, American Airlines CEO Robert Isom said in March. American Airlines CEO Robert Isom said in March. Pilots at United Airlines , Southwest Airlines and FedEx are still in negotiations.
Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.
Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, , Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana
When Davis Guggenheim approached Michael J. Guggenheim’s wife, the actress Elisabeth Shue, had worked with Fox before, starring as his girlfriend in the second and third installments of the “Back to the Future” series. Even so, Fox initially balked at the idea of a movie, particularly one centered on tales he had already written about in four best-selling memoirs. Guggenheim wanted to make a movie with as much life and humor as its subject, a fun, fast-paced effort not unlike, say, a movie starring Michael J. In the end, Fox relented, albeit with one request: no violins.
After a year of maneuvering on both sides, Walt Disney Co. is suing Florida Gov. Photo Composition: Rachel RogersWhen Walt Disney Co. reports second-quarter earnings Wednesday afternoon, all eyes will be on streaming, but not for the usual reasons. Investors will be looking for the entertainment giant to show meaningful progress cutting losses in its direct-to-consumer business, which includes flagship streaming service Disney+, as well as other platforms such as Hulu, ESPN+ and India’s Hotstar. Since Disney+ launched in November 2019, most of the attention has been on the service’s rapid pace of growth. Over the past couple of quarters, direct-to-consumer losses have narrowed, from $1.47 billion in the October quarter to $1.05 billion in the holiday quarter.
After a year of maneuvering on both sides, Walt Disney Co. is suing Florida Gov. Ron DeSantis. WSJ’s Arian Campo-Flores explains what’s behind the lawsuit. Photo Composition: Rachel RogersWalt Disney Co. said it would make Hulu content available within Disney+ in the U.S. by the end of the year, the latest effort by newly returned Chief Executive Robert Iger to get the company’s streaming business to profitability. “We will soon begin offering a one-app experience domestically that incorporates our Hulu content via Disney+,” Mr. Iger said during a call with investors to discuss the company’s latest quarterly results.
After a year of maneuvering on both sides, Walt Disney Co. is suing Florida Gov. Ron DeSantis. WSJ’s Arian Campo-Flores explains what’s behind the lawsuit. Photo Composition: Rachel RogersWalt Disney Co. dramatically reduced losses in its streaming business, largely the result of price increases for Disney+ and other products implemented in December, as newly returned Chief Executive Robert Iger continues to overhaul the entertainment giant’s finances. The company’s direct-to-consumer segment, which includes streaming, lost $659 million in the quarter ended April 1, far less than the $845 million loss that analysts polled by FactSet had anticipated.
Several thousand were brought there by the State Department directly from Kabul and have since been relocated to the US or Canada. Consequently, thousands of Afghans evacuated by private groups were left in a legal limbo with seemingly no clear path to the US – or anywhere else. It was unclear whether that documentation is sufficient for what the State Department has required. The first two groups were evacuated from the Hamid Karzai International Airport in Kabul in August 2021 by both the State Department and private groups working independently. In her responses to CNN, Tekach said the State Department “had limited information” about refugees who came on those separate flights.
These books cover real estate and investing, business, personal development, and leadership. Intrigued by real-estate investing, Rivers took the plunge and bought his first real-estate investment property in 2019. In a recent interview, Rivers shared the 10 books — spanning topics such as business, investing, and personal development — that helped him scale his portfolio quickly. "What It Takes" by Stephen A. SchwarzmanThis book, written by the billionaire investor and Blackstone CEO Stephen A. Schwarzman, is one of Rivers' personal favorites. While much of the focus for entrepreneurs is on building a business, Rivers said understanding how to sell a business was just as important.
MLB roundup: Dodgers stun Phillies on walk-off slam
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +13 min
Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. American Airlines pilots have voted overwhelmingly to allow their labor union to call a strike while the carrier said talks for a new contract are getting close to a conclusion. More than 96% of American's pilots participated in the vote and 99% of them voted to allow the union to call a strike, the Allied Pilots Association said Monday. The APA called the strike authorization vote in March as talks for a new deal dragged on. A spokeswoman for American Airlines said the carrier believes a deal is "within reach" and that a "handful" of issues are left to complete.
Dan Rivers has amassed a 16-unit real estate portfolio worth $2.7 million in total. Rivers built his portfolio in just 4 years, after getting started in real estate at the age of 38. Real estate investor Dan Rivers is an excellent example of why it's never too late to begin working towards financial freedom. In the first year at his new job as a real estate agent, Rivers only made $28,000. In other words, don't simply ask for advice and risk making a seasoned investor think you're wasting their time.
The meeting that could have been an email is not going away. Even after a pandemic challenged workplace norms, it seems like some corporations are determined to deliver their employees back into a world of lengthy all-hands or workshops. Robert I. Sutton, an organizational psychologist and professor at Stanford University, has a counterintuitive solution if you find yourself stuck in a pointless meeting: just leave. He does this, he says, at least once a week: "I'm a big believer in walking out of things." Sutton is also the co-author of the upcoming book "The Friction Project: How Smart Leaders Make the Right Things Easier and the Wrong Things Harder."
American Airlines CEO Robert Isom: I see a very positive summer
  + stars: | 2023-04-27 | 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 EmailAmerican Airlines CEO Robert Isom: I see a very positive summerAmerican Airlines CEO Robert Isom joins CNBC's Phil LeBeau on 'Squawk Box' to discuss the company's first-quarter earnings results, summer travel demand, and more.
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