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Top related persons:
Peter Chernin - 1 Chernin - 1 Karga Seven's - 1 Sarah Wetherbee - 1 Emre Sahin - 1 Kelly McPherson - 1 Wetherbee - 1 Sahin - 1
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Turkish Los Angeles Istanbul Turkey United States U.S Bengaluru
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Hollywood - 1 Pictures - 1 North Road - 1 Providence - 1 Red Arrow Studios - 1 Chernin Entertainment - 1 Thomson - 1

Search resuls for: "Wetherbee"


9 mentions found


☆ Peter Chernin's North Road buys Turkish film and TV house Karga Seven
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: +1 min
June 6 (Reuters) - Veteran Hollywood producer Peter Chernin said on Tuesday his company North Road has bought Turkish film and television house Karga Seven Pictures in one of its first major international acquisitions. Los Angeles-Istanbul-based Karga Seven is best known for its popular English-language period piece, "Rise of Empires: Ottoman", and Turkish time travel drama, "Midnight at the Pera Palace", which were among Netflix's top shows. Karga Seven's founders Sarah Wetherbee, Emre Sahin and Kelly McPherson will remain in leadership roles, with Wetherbee and Sahin serving as global co-CEOs and reporting to North Road President Jan Frouman. McPherson will head English-language content, along with newly hired Ömer Müjdat Özgüner serving as the company's Turkey CEO. Reporting by Dawn Chmielewski in Los Angeles and Samrhitha Arunasalam in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.
Persons: Peter Chernin, Chernin, Karga Seven's, Sarah Wetherbee, Emre Sahin, Kelly McPherson, Wetherbee, Sahin, Jan Frouman, McPherson, Ömer Müjdat, Ford, Dawn Chmielewski, Samrhitha, Pooja Desai Organizations: Hollywood, Pictures, North Road, Providence, Red Arrow Studios, Chernin Entertainment, Thomson Locations: Turkish, Los Angeles, Istanbul, Turkey, United States, U.S, Bengaluru
☆ Wall Street gets bullish railroads on Monday, especially this one in particular
  + stars: | 2023-05-22 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
Analysts on Wall Street are bullish on are bullish on a swath of railroad stocks, but one in particular stands out. Wells Fargo upgraded Norfolk Southern stock to overweight on Monday, with a $250 per share price target. NSC YTD mountain Norfolk Southern stock. Citi also upgraded Norfolk on Monday, as broader U.S. rail firms start to operate similar to "more cyclical companies" that are "likely to react more positively to improving TL [truckload] dynamics," wrote analyst Christian Wetherbee. Citi now has a buy rating on Norfolk stock with a $257 per share price target, or 18% upside.
☆ This transport stock got two major upgrades with analysts predicting a big rally ahead
  + stars: | 2023-04-21 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
A key shipping company just received two upgrades on new management additions that could underpin a strong rally. Citi upgraded shares of XPO from neutral to buy on Thursday, while JPMorgan Chase went from neutral to overweight on Friday. XPO YTD mountain Shares of transportation company XPO are heading higher Friday after two key upgrades from Citigroup and JP Morgan. XPO recently added new chief operating officer David Bates from Old Dominion, and he will assume the role on Friday. Former Old Dominion chief financial officer Wes Frye joined XPO's board of directors on March 9.
☆ TFI Stake in Trucker ArcBest Sparks Acquisition Speculation
  + stars: | 2023-02-22 | by ( Liz Young | Paul Berger | ) www.wsj.com   time to read: +4 min
TFI in 2021 became one of the top carriers in the U.S. less-than-truckload sector when it bought United Parcel Service Inc.’s freight business for $800 million. TFI CEO and President Alain Bédard said on the Feb. 6 earnings call that TFI is looking for opportunities to work with ArcBest. TFI executives said they see ways to save money working together with ArcBest, analysts at Cowen wrote in a Feb. 14 note summarizing a meeting they had with TFI management. The Cowen analysts wrote TFI is well placed to take over ArcBest’s unionized workforce because it already works with the Teamsters union at TForce Freight. ArcBest shares are up about 14% since TFI disclosed its stake.
☆ Citi upgrades FedEx to a buy as shipping giant focuses on controlling costs
  + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
After the mishaps of 2022, FedEx is "getting serious" about reducing and controlling its costs and that should bode well for the shipping giant, according to Citi. FDX YTD mountain FedEx shares are up nearly 17% in 2023. FedEx said in December it plans to cut costs by $1 billion in 2023 by closing offices and parking planes as demand softens and global volumes declines. The analyst also upgraded FedEx to buy and lifted the his price target to $233 from $204 a share, citing increasing confidence in the company's outlook. FedEx shares have jumped nearly 17% in 2023 after a 33% decline in 2022.
☆ Freight Broker C.H. Robinson Ousts CEO Bob Biesterfeld
  + stars: | 2023-01-03 | by ( Liz Young | ) www.wsj.com   time to read: +6 min
Mr. Anderson, 56, stepped down as chair, a position he has held since 2020. Mr. Anderson doesn’t plan to be considered as a candidate for the permanent position, according to the securities filing. Robinson and this exceptional team,” Mr. Biesterfeld said in a statement released by the company. Robinson is by far the largest player in the U.S. freight brokerage market, one that matches freight shippers with available trucks. “We got ahead of ourselves in terms of head count,” Mr. Biesterfeld said on Nov. 2.
☆ We're hopeful but need more proof FedEx management is executing, says Citi's Wetherbee
  + stars: | 2022-09-19 | 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 EmailWe're hopeful but need more proof FedEx management is executing, says Citi's WetherbeeCiti's Christian Wetherbee joins 'Squawk on the Street' to discuss the recent warning from FedEx, if Wetherbee expects to see a similar read-through to UPS and if FedEx is taking the necessary steps to address execution issues.
☆ Pro Picks: Watch all of Monday's big stock calls on CNBC
  + stars: | 2022-09-19 | 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 EmailPro Picks: Watch all of Monday's big stock calls on CNBCJim Cramer, Christian Wetherbee of Citi, Jason Helfstein of Oppenheimer & Co., Venture Capitalist Kevin O'Leary, Joe Terranova of Virtus Investment Partners, and Shannon Saccocia of SVB Private Bank on why they are buying, selling, or holding specific stocks and ETFs.
☆ Rail Shippers Brace for Potential National Strike
  + stars: | 2022-09-14 | by ( Paul Berger | ) www.wsj.com   time to read: +6 min
Companies from food suppliers in the Midwest to retail importers across the U.S. are bracing for a potential national rail strike by seeking alternative transport to keep their supply chains running. Tens of thousands of American workers are on strike and thousands more are attempting to unionize. “We believe the potential for a rail work stoppage is growing,” Citi’s Christian Wetherbee wrote in a research note Wednesday. Other shippers will have to hold on to cargo if the rail network shuts down. U.S. railroads hauled more than 18,000 carloads of grains over the past week, according to the Association of American Railroads.
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