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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailH&R Block, Intuit shares fall after report Trump admin considering a free tax-filing appCNBC's Becky Quick reports on a potential change for Americans looking to file taxes.
Persons: Becky Quick Organizations: Intuit, Trump
AdvertisementCNBC anchors projected an air of mild panic about the news that Comcast would spin off the network. The media conglomerate announced it would create a new entity for most of its cable networks. CNBC anchors turned their signature irreverent style on themselves on Wednesday, as their parent Comcast became a headline in announcing plans to spin off the business news network along with many other cable assets. Analysts — including those featured on CNBC — did not hold back on Wednesday about what the spinoff means for the cable network. AdvertisementOne question for CNBC folks is whether they will maintain the prestige and workplace benefits that came with being part of Comcast.
Persons: We're, Joe Kernan, David Faber, Kernan, Mark Lazarus, Faber, CNBC —, Rich Greenfield, Rich, Becky Quick, Julia Boorstin, NBCU, Elon, Trump Organizations: CNBC, Comcast, Real Housewives, NBC, LightShed Partners, Warner Bros, Discovery, Paramount, Starz, Business Locations: NBCU, London
For Disney's fiscal 2025, streaming will generate enough operating income to offset the parallel decline in operating income from linear TV, Johnston said in an interview. Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024. That would put the division at over $1 billion in operating income for the coming fiscal year. Disney's combined streaming businesses improved their profitability in the company's fiscal fourth quarter, posting operating income of $321 million. For the year, Disney's entertainment streaming platforms (Disney+ and Hulu) made $143 million in operating income.
Persons: Gabby Jones, Warren Buffett, CNBC's Becky Quick, it's, Buffett, Hugh Johnston, Johnston Organizations: Disney, Bloomberg, Getty, Paramount Global, Warner Bros, Hulu, ESPN Locations: Brooklyn, New York, Omaha
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMerck tops earnings estimates on strong demand for Keytruda even as HPV vaccine sales fallCNBC's Becky Quick reports on the company's quarterly earnings results.
Persons: Becky Quick Organizations: Merck
Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media. So much so that Berkshire Hathaway made the rare move of adding a statement on the matter to the front page of its website. The statement reads:“In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr. Buffett’s endorsement of investment products as well as his endorsement and support of political candidates. But Buffett wants to make sure everyone knows he would never do something like that. His actions were triggered in part by a fake political endorsement on Meta’s Instagram that was brought to his attention.
Persons: Warren Buffett, Berkshire Hathaway, Buffett, Becky Quick, “ I’m, , Kamala Harris, Donald Trump that’s, Elon Musk, Bill Ackman, Mark Cuban, Bill Gates, Harris, There’s, shuns bitcoin, Meta’s, Lacy O’Toole Organizations: Berkshire, The New York Times, CNBC Locations: Berkshire, Silicon Valley
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan, Bank of America plan to limit hours of young bankers following investigationCNBC's Becky Quick reports on an outcry from Wall Street.
Persons: Becky Quick Organizations: JPMorgan, Bank of America
GM beats on top and bottom lines in Q2
  + stars: | 2024-07-23 | 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 EmailGM beats on top and bottom lines in Q2CNBC's Becky Quick reports on the company's quarterly earnings results.
Persons: Becky Quick
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoca-Cola tops earnings estimates, hikes full-year outlook as global demand risesCNBC's Becky Quick reports on the company's quarterly earnings results.
Persons: Becky Quick
Global IT outage grounds planes and sends broadcasters off air
  + stars: | 2024-07-19 | 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 EmailGlobal IT outage grounds planes and sends broadcasters off airCNBC's Andrew Ross Sorkin and Becky Quick report on the latest news.
Persons: Andrew Ross Sorkin, Becky Quick
Foot Locker stock surges as turnaround shows signs of life
  + stars: | 2024-05-30 | 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 EmailFoot Locker stock surges as turnaround shows signs of lifeCNBC's Becky Quick reports on the company's quarterly earnings results.
Persons: CNBC's Becky Quick
Lubrizol CEO discusses product innovations and regulations
  + stars: | 2024-05-09 | 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 EmailLubrizol CEO discusses product innovations and regulationsLubrizol CEO Rebecca Liebert speaks with Becky Quick at the Berkshire Hathaway Annual Meeting about her background as a chemical engineer and discusses new product innovations at Lubrizol.
Persons: Rebecca Liebert, Becky Quick Organizations: Berkshire Hathaway
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelzberg Diamonds CEO says you 'cannot tell a difference' between lab grown and natural diamondsHelzberg Diamonds CEO Brad Hampton speaks with Becky Quick at the Berkshire Hathaway Annual Meeting to discuss consumer trends, lab grown vs. natural diamonds and store productivity.
Persons: Brad Hampton, Becky Quick Organizations: Berkshire Hathaway
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett's sister Bertie: "I feel so lucky that he's my big brother"Warren Buffett's sister Bertie Buffett Elliott speaks with Becky Quick about her relationship with her brother and the lessons she might have taught him.
Persons: Warren Buffett's, Bertie, Bertie Buffett Elliott, Becky Quick
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin Clayton on the floor Berkshire Hathaway Annual Meeting with Warren BuffettBecky Quick speaks with Clayton Homes CEO Kevin Clayton from the floor of Berkshire Hathaway's Annual Meeting
Persons: Kevin Clayton, Warren Buffett Becky Quick, Clayton Organizations: Berkshire Hathaway, Clayton Homes Locations: Berkshire
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBerkshire Automotive CEO says "there's no question, we're going to have an EV future"Berkshire Automotive CEO Jeff Rachor speaks with Becky Quick at the Berkshire Hathaway Annual meeting about the new vs. used car market, rising car prices and growing EV demand.
Persons: Jeff Rachor, Becky Quick Organizations: Berkshire, Berkshire Hathaway
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNFM Chairman Irv Blumkin: 'It's been a challenging year' for the consumerNebraska Furniture Mart Chairman Irv Blumkin speaks with Becky Quick at the Berkshire Hathaway Annual Meeting to discuss the state of the consumer, pricing, inflation and product sourcing.
Persons: Irv Blumkin, Becky Quick Organizations: Berkshire Hathaway Locations: Nebraska
Warren Buffett's reasons this weekend for trimming Berkshire Hathaway's massive Apple stake exemplify one of Jim Cramer's primary rules of investing. More recently, Jim steadfastly stood by his "own it, don't trade it" conviction as Apple shares went on a rough ride earlier this year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Warren, Jim Cramer's, Jim, Buffett, Tim Cook, CNBC's Becky Quick, Cook, Becky, Jim likes Apple, Apple, Jim Cramer, Warren Buffett Organizations: Apple, Developers, CNBC, Berkshire Locations: Berkshire, Omaha , Nebraska
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBerkshire board member Ron Olson says Greg Abel has the ability to make quick and solid judgmentsBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Berkshire Hathaway board member Ron Olson sits downs with CNBC's Michael Santoli and Becky Quick to discuss Warren Buffett’s successor, how the board sees Greg Abel, and more.
Persons: Ron Olson, Greg Abel, Berkshire Hathaway, Warren Buffett, CNBC's Michael Santoli, Becky Quick, Warren Buffett’s Organizations: Berkshire Hathaway, Berkshire Locations: Berkshire
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGraham Holdings CEO: Berkshire's focus on strong cash balance was fascinatingBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Graham Holdings president and CEO Tim O'Shaughnessy joins CNBC's Michael Santoli and Becky Quick to discuss the Warren Buffett's meeting takeaways, and how to apply it to Graham Holdings' business.
Persons: Berkshire Hathaway, Warren Buffett, Tim O'Shaughnessy, CNBC's Michael Santoli, Becky Quick, Warren Organizations: Graham Holdings, Berkshire, Berkshire Hathaway
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeteran tech investor Ann Winblad on lessons from Buffett: We're all playing the long gameBerkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Ann Winblad, co-founder and managing partner of Hummer Winblad Venture Partners, joins CNBC's Becky Quick and Mike Santoli to share her reaction to the morning session.
Persons: Ann Winblad, Buffett, We're, Warren Buffett, Becky Quick, Mike Santoli Organizations: Veteran, Berkshire Hathaway, Hummer Winblad Venture Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAriel Investments CEO John Rogers calls Berkshire one of 'best investments of all time'Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. John Rogers, Ariel Capital Management founder, speaks with CNBC's Michael Santoli and Becky Quick about Berkshire's Apple stake, how investors should consider investing in Berkshire Hathaway, and more.
Persons: John Rogers, Berkshire Hathaway, Warren Buffett, CNBC's Michael Santoli, Becky Quick Organizations: Ariel, Berkshire, Berkshire Hathaway, Ariel Capital Management, Apple Locations: Berkshire, Berkshire Hathaway
Nelson Peltz's Trian Fund Management withheld its votes from Walt Disney CEO Bob Iger when voting its shares in the bitter proxy battle the asset management firm is waging against the entertainment giant, according to sources who monitor the situation. However, it is counter to Trian's proxy recommendations, and it doesn't mesh with the public statements Peltz has made about wanting to work together with management if he is elected to the Disney board. In recent weeks, Disney has stepped up its attacks on Trian and Peltz. "Disney is stupid because I'm not trying to fire Bob Iger, I want to help him," Peltz recently told the Financial Times. The Disney board meeting will be held April 3 and Trian could change its vote between now and then.
Persons: Nelson Peltz, Nelson Peltz's, Bob Iger, Peltz, I'm, Trian, Jay Rasulo, Maria Elena Lagomasino, Michael Froman, Ike Perlmutter Organizations: Trian Fund Management, Future Investment Initiative, Summit, Fund Management, Walt Disney, Disney, Financial Times, CNBC, Marvel Entertainment, Peltz Locations: Miami , Florida, Iger, Disney
Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor Nelson Peltz. Lucas, who received 37.1 million Disney shares as part of Disney's $4.05 billion purchase of Lucasfilm in 2012, is currently the largest individual investor in the company, multiple sources confirmed to CNBC. When I sold Lucasfilm just over a decade ago, I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger's leadership. I have voted all of my shares for Disney's 12 directors and urge other shareholders to do the same." Iger, meanwhile, has been trying to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable.
Persons: George Lucas, Walt, Bob Iger, Nelson Peltz, Lucas, Bob Iger's, Bob, Peltz, Roy Disney, Jamie Dimon, Indiana Jones, Jay Rasulo, Iger Organizations: Walt Disney, Lucasfilm, CNBC, Disney, Trian Fund Management, JPMorgan Chase Locations: Hollywood
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget shares pop as retailer boosts profits, despite lackluster sales forecastCNBC's Becky Quick reports on the company's quarterly earnings results.
Persons: Becky Quick
Dunkin' ad: Worth the price tag?
  + stars: | 2024-02-15 | 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 EmailDunkin' ad: Worth the price tag? CNBC's Andrew Ross Sorkin, Becky Quick and Joe Kernen discuss the Super Bowl commercial from Dunkin', and whether it was worth the price tag.
Persons: Dunkin, Andrew Ross Sorkin, Becky Quick, Joe Kernen Organizations: Dunkin
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