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Imax is due for a rally as Hollywood continues getting back on track after last year's strikes, according to Seaport Research Partners. Analyst David Joyce initiated coverage of the stock, known for its large movie screens, at a buy rating. Joyce's $23 price target implies the stock can rally 30% from Tuesday's closing level. Joyce called Imax a small-cap way to play the normalization of the film industry after joint strikes from writers and actors last year stalled production and delayed some releases. The analyst also believes the stock is not trading like an "experience economy" play despite fitting the mold.
Persons: David Joyce, Joyce Organizations: Hollywood, Seaport Research Partners Locations: Imax's
AdvertisementAn incoming cast member on "Stranger Things" says the final season will take an entire year to film, likely ending hopes of an early 2025 release date. The "Stranger Things" writers announced on May 6 they would pause production, and didn't return until September 27 when the Writers' Guild of America strike ended. Hamilton, who joined the "Stranger Things" cast in June 2023, told Business Insider she had her first week on the hit show's set earlier in February. The stars of "Stranger Things" season four: Natalia Dyer, Joe Keery, Gaten Matarazzo, Maya Hawke, Sadie Sink and Caleb McLaughlin. I confirm everyone's theory is correct," Hamilton told Business Insider.
Persons: Linda Hamilton, didn't, Hamilton, Natalia Dyer, Joe Keery, Gaten Matarazzo, Maya Hawke, Sadie Sink, Caleb McLaughlin, hasn't, Millie Bobby Brown, Joyce, Winona Ryder, Duffer Organizations: Netflix, Business, Hollywood, Writers ' Guild of America, CIA, coy, US Weekly
But no matter how much I tried to blend in, something always left me the odd man out - my name. My surname, which is of Scottish origin, set me up for teasing, but not as much as my first name. My name was uncommon in the USMy name is quite common but highly uncommon in 1960s Washington, DC demographics. AdvertisementOn the first day of lessons, our visiting teacher passed out name placards on which were written our names translated into Spanish. There are several things I would change if given the opportunity, but my name is not among them.
Persons: Juan, Jesse, Ann, Stephen, Esteban, William, Guillermo, Josefina, Bennett, wasn't, I've Organizations: Spanish, Harvard Locations: Washington, United States, New England, Nice, Spanish
U.S. Rep. Jim Jordan (R-OH) (R) talks to Speaker Pro Tempore Rep. Patrick McHenry (R-NC) as the House of Representatives prepares to hold a vote on a new Speaker of the House at the U.S. Capitol on October 18, 2023 in Washington, DC. Rep. Jim Jordan of Ohio will back a plan to empower interim House Speaker Patrick McHenry until January, sources told NBC News and CNBC Thursday. The plan to temporarily empower McHenry to oversee the passage of legislation would act as a bridge until the deeply divided Republican conference can coalesce around a permanent replacement. Rep. David Joyce of Ohio said earlier this week that he plans to introduce a resolution to empower McHenry so the House can move forward with urgent business. But another source cautioned that the plan to temporarily empower McHenry may not have enough votes in the House.
Persons: Jim Jordan, Patrick McHenry, McHenry, Joe Biden, David Joyce, Ohio, Jordan, Kevin McCarthy of California, Steve Scalise, McCarthy Organizations: Rep, Pro Tempore, U.S, Capitol, Washington , DC, NBC News, CNBC, Democratic, NBC, House Republicans, GOP, Republican Locations: Washington ,, Ohio, Israel, Louisiana
Alan Joyce, Chief Executive Officer of Qantas, speaks with members of the media at an event celebrating Qantas' 100th birthday at Sydney Airport in Sydney, Australia, November 16, 2020. Most of the amount was share-based incentives that Joyce was allowed to cash in after they vested, according to the report. It could also "claw back" unvested stock bonuses for Joyce, currently worth A$6 million, it said. Joyce's final pay packet encapsulates his decade and a half of running the company, which dominates Australian air travel. Qantas must return to the Federal Court to determine what it must pay in penalties and compensation to affected workers.
Persons: Alan Joyce, Loren Elliott, Joyce, Richard Goyder, disquiet, Alan, Goyder, Byron Kaye, Sameer Manekar, Rashmi Aich, Gerry Doyle Organizations: Qantas, Sydney Airport, REUTERS, Rights Companies Qantas Airways Ltd, Australia's Qantas Airways, Consumer Commission, High Court, Federal, Thomson Locations: Sydney, Australia, Bengaluru
Most of the amount was share-based incentives that Joyce was allowed to cash in after they vested, according to the report. The company was able to recall AU$8.4 million of share-based bonuses Joyce collected in the year but is not yet allowed to sell, the report added. It could also "claw back" unvested stock bonuses for Joyce, currently worth AU$6 million, it said. Joyce's final pay packet encapsulates his decade and a half of running the company, which dominates Australian air travel. Qantas must return to the Federal Court to determine what it must pay in penalties and compensation to affected workers.
Persons: Alan Joyce, Joyce, Richard Goyder, disquiet, Alan, Goyder Organizations: Qantas Airways, Qantas, Consumer Commission, High Court, Federal
Australia's Qantas Airways said its long-serving CEO would bring forward his retirement amid a publicity firestorm over an accusation of illegal ticket sales, signalling what the flagship carrier hopes is the end of a tumultuous period. Five days earlier, Australia's consumer watchdog sued Qantas alleging it sold tickets to some 8,000 flights in mid-2022 after they were cancelled, violating the country's consumer law. Qantas had issued two apologies, blaming tough industry conditions at the time. Over a decade and a half Joyce faced regular criticism for cutting jobs, including a 2011 decision to ground the entire Qantas fleet over an industrial dispute. Even before the fares-for-no-flights scandal, Qantas was facing negative headlines over reports it campaigned successfully to have Australia's federal government stop rival Qatar Airways from running additional flights to Australia.
Persons: Alan Joyce, Joyce Organizations: Qantas Airways, Qantas, Qatar Airways Locations: Australia
Qantas' CEO is stepping down from his role two months early and will receive a $24 million bonus. AdvertisementAdvertisementAlan Joyce, CEO of Australian national airline Qantas, is facing criticism for the $24 million golden goodbye he will receive after announcing that he is stepping down from his role early on Monday. "If the Board allows Mr Joyce to walk away with $24 million after illegally sacking 1,700 people, gouging customers and while subject to an ACCC prosecution, it will be the swindle of the century," Sheldon said. If Mr Joyce walks away with his $24 million, he will make their annual salary in less than 6 hours." AdvertisementAdvertisementJoyce earned $125 million over the 15 years he spent as Qantas' CEO and was even ranked the highest-paid CEO in Australia in 2018, Sky News Australia reported.
Persons: Alan Joyce, Joyce, Vanessa Hudson, Joyce's, Tony Sheldon, Mr Joyce, Sheldon, Michael Kaine Organizations: Qantas, Australian, Australian Competition, Consumer Commission, Australian Labor Party, Transport Worker's Union of Australia, Australian Aviation, Sky News Australia, Transport Workers Union, ABC, Australia's Federal Locations: Australia
HONG KONG, July 20 (Reuters) - Fans from Hong Kong and around the world gathered at the feet of a Bruce Lee statue on Thursday to pay tribute to the late kung fu legend on the 50th anniversary of his untimely death. Those who traveled to Hong Kong for the anniversary included people from mainland China, Asia and Europe. "I have loved Bruce Lee since I was very young," said Bruce Shin from South Korea who sported a brush cut and large framed sunglasses, imitating Lee. HKTB2016 REUTERS/Tyrone Siu/File PhotoLee's contributions to martial arts and popular culture have inspired legions of global fans. said Wong Yiu-keung, the chairman of the local Bruce Lee Club.
Persons: Bruce Lee, Hong, Lee, Bruce Shin, Shin, Mei Zhiyong, HKTB2016, Tyrone Siu, Chun, Kung Fu, Ip, Wong Yiu, Bruce Lee Club, Sophie Uekawa, James Pomfret, Emma Rumney Organizations: Harbour, South Korea, HKTB2016 REUTERS, Thomson Locations: HONG KONG, Hong Kong, China, Asia, Europe, South, San Francisco, British, Japan
SYDNEY, May 2 (Reuters) - Australia's flagship carrier, Qantas Airways Ltd (QAN.AX), said on Tuesday that long-serving CEO Alan Joyce would step aside in November, and named Vanessa Hudson as its next chief executive officer. * November 2008 - Irish-born Alan Joyce is appointed as Qantas chief executive. * April 2009 - Joyce cuts 1,750 jobs, the first major cull under his leadership, as the airline feels the full impact of the global financial crisis. * October 2016 - Joyce orchestrates a turnaround and delivers record profits and the first dividend to shareholders since 2009. * February 2023 - The airline swings to a record first-half profit on a strong demand recovery and high ticket prices.
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