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Kaçkar Mountains, Turkey CNN —“Every day you can make a different cheese. Here is unspoiled, uninterrupted, nature in an area protected by UNESCO for its biodiversity and its traditional ways of life. Paul Devitt/CNNVillage lifeIn this remote corner of Turkey life continues as it has for generations, with hard-working women the backbone of the home, tending the land and looking after livestock. Glorious views greet the eye from every window and balcony in this most relaxing of mountain hideaways. Northeastern Turkey is tea country, with vertiginously planted tea plantations a common sight along the looping mountain roads.
Persons: Turkey CNN —, , Sevda İyem, Iyem, Don’t, ” Iyem, , CNN's Christina Macfarlane, Paul Devitt, Mevlüt, it’s, I’ve, Maral, İremit Mahallesi, Christina Macfarlane, Stefanie Blendis, Işıl Sarıyüce Organizations: Turkey CNN, UNESCO, CNN Locations: Kaçkar, Turkey, Turkish, Georgia, Eden, Istanbul, Northeastern Turkey
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's too early for Disney to spin off ESPN, says RBC's Kutgun MaralKutgun Maral, RBC Capital Markets analyst, joins 'The Exchange' to discuss Disney ahead of the company's first earnings report since Bob Iger's return.
Comcast Corp. named a company insider as its next finance chief as the cable and media sector grapples with cord-cutting customers and deterioration in the ad market. Jason Armstrong was appointed chief financial officer, Philadelphia-based Comcast said Friday, after serving for the past nine years in various financial leadership positions. Mr. Armstrong most recently served as deputy CFO and treasurer, responsible for capital formation, capital allocation, credit-related matters and investment management activities. Jason Armstrong, chief financial officer of Comcast. Photo: Comcast CorpSince joining Comcast in 2014, Mr. Armstrong has also had the roles of CFO of Sky, Comcast’s pay-TV giant, and head of investor relations and finance.
Christine McCarthy, Walt Disney Co. ’s longtime finance chief, took an unusual step when she expressed a lack of confidence in the chief executive to directors of the entertainment giant. But Ms. McCarthy had raised concerns to Disney directors, The Wall Street Journal reported earlier this week. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. Following the leadership shake-up, Disney faces a challenge to regain trust from the street and Ms. McCarthy needs to realign with her old and new chief executive Mr. Iger, analysts said. Age 67, Ms. McCarthy is likely to stay on while Mr. Iger reviews Disney’s strategy and searches for another successor to himself, analysts said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEroding board confidence in Chapek led to Iger's return, says The Ankler's Janice MinJanice Min, CEO and editor-in-chief of The Ankler, and RBC's Kutgun Maral join 'Power Lunch' to discuss Bob Iger's return as CEO of Disney, top areas of focus for Disney's spending and how the stock is responding to Iger's news.
We remain bullish long-term on Disney, says RBC's Kutgun Maral
  + stars: | 2022-11-08 | 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 EmailWe remain bullish long-term on Disney, says RBC's Kutgun MaralKutgun Maral, RBC Capital Markets, joins 'Power Lunch' to discuss what he expects from Disney's quarterly earnings, how the company's performance relates to Netflix and why profitability is so far away for Disney.
As Disney prepares to report earnings Wednesday, major analysts fear further disappointment is in store for investors as streaming subscriber estimates remain too high and need to come down. The entertainment giant has said it plans for its Disney+ streaming service to have between 230 million and 260 million subscribers by the end of 2024. Wells Fargo's Steven Cahall agrees that Disney needs to trim back its streaming goals. Although the bank remains bullish on the company and the continued progression of its Disney+ business, it cut 2024 streaming estimates to 213 million from 240 million. To be sure, there are some potential bright spots that could keep Disney on track to reach its target.
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