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☆ Disney shares tumble on light guidance. But here's why we're raising our price target
▼ + stars: | 2024-05-07 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Disney Why we own it: We value Disney for its best-in-class experiential entertainment Parks business, which has proven to have immense pricing power. In the second quarter, the combined business — Disney+, India's Disney+ Hotstar, Hulu and ESPN+ — saw losses of $18 million, far better than the $659 million loss in the year-ago period. DTC profitability benefited from Disney+ core subscriber growth, higher retail subscription prices, increased advertising revenue on the back of higher impressions, and lower distribution costs. Clearly, Disney still has a big opportunity in sports as they execute on their DTC streaming strategy for ESPN. The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.

Persons: —, Nelson Peltz, wouldn't, Hugh Johnston, Jim Cramer's, Jim Cramer, Jim, Presley Ann Organizations: Club, Revenue, LSEG, Disney, Parks, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, CNBC, seasonality, Entertainment, Hulu, Hulu Live, Sports ESPN, College Football, National Football League, Walt Disney World, Disney Cruise, Disneyland, Hong Kong, Getty Locations: Hulu, India, Florida, California, Hong, Los Angeles

MADRID (AP) — Some of Spain's World Cup-winning players started reporting to training camp on Tuesday despite not wanting to be called up for the national team while fighting for changes in the soccer federation. It was the latest embarrassing chapter in Spanish soccer in a crisis ignited by former federation president Luis Rubiales kissing player Jenni Hermoso on the lips after Spain won the Women's World Cup last month. Tomé left Hermoso off the list “as a way to protect her,” she said. On Monday, the federation released a statement in which it publicly reiterated to the players its commitment to structural changes. Tomé, an assistant to Vilda at the World Cup, included in her first list some of the players who rebelled.

Persons: Montse Tomé, Luis Rubiales, Jenni Hermoso, Hermoso, Tomé, ”, ” Hermoso, “, ” Tomé, Spain’s, Miquel Iceta, ” Iceta, —, Pedro Rocha, Jorge Vilda, Vilda, ___ Organizations: MADRID, Local, Spain, FIFA, Nations League, Sweden Locations: Madrid, Spanish, Spain, Switzerland, Valencia, Sweden

☆ Spanish government urges soccer boss suspension after mild court ruling
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +3 min

Rubiales caused a storm when he kissed player Jenni Hermoso on the lips after Spain's victory in the women's World Cup in Sydney. He also grabbed his crotch while standing feet away from Spain's Queen Letizia and her 16-year-old daughter. World soccer governing body FIFA has already suspended Rubiales from all football-related activities for three months while it investigates, but the CSD said it would move ahead with its own case regardless. Hermoso has said she did not consent to the kiss and felt "vulnerable and the victim of an aggression". Spain's Olympic chief said on Friday Rubiales' actions were "inappropriate, unacceptable" and did not represent Spanish sport as a whole.

Persons: Pedro Sanchez, Royal Spanish Football Federation Luis Rubiales, Juan, TAD, Luis Rubiales, Rubiales, Jenni Hermoso, Letizia, Miquel Iceta, Hermoso, Luis de la Fuente, Jessica Jones, Fernado Kallas, Emma Pinedo, David Latona, Andrei Khalip, Frances Kerry, Peter Graff Organizations: Soccer Football, FIFA, Spain's, Moncloa, Royal Spanish Football Federation, Sports Council, Administrative, El Mundo, Prosecutors, Thomson Locations: New Zealand, Madrid, Spain, MADRID, Sydney

☆ IOC urges sensitivity in handling Ukrainian, Russian athletes after fencer's disqualification
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +3 min

July 28 (Reuters) - International federations should handle situations involving Ukrainian and neutral athletes with sensitivity, the International Olympic Committee (IOC) said after a Ukrainian fencer was disqualified for refusing to shake hands with a Russian opponent. "Therefore, we encourage International Federations to handle situations involving Ukrainian and Individual Neutral Athletes with the necessary degree of sensitivity. "We continue to stand in full solidarity with the Ukrainian athletes and the Olympic community of Ukraine." Kharlan said she stands by her decision not to shake hands with Smirnova. "When I have a choice... where I shake hands I will never shake hands with her.

Persons: Ukraine's Olga Kharlan, Anna Smirnova, Elina Svitolina, Marta Kostyuk, Kharlan, Kharlan's, Smirnova, Tommy Lund, Aadi Nair, Claudia Greco, Pearl Josephine Nazare, Christian Radnedge Organizations: International Olympic Committee, Ukrainian Fencing Federation, Olympic Games, IOC, Reuters, Olympic, Thomson Locations: Ukrainian, Russian, Milan, Ukraine, Moscow, Belarus, Russia, Bengaluru

☆ Ukraine's Kharlan disqualified after refusal to shake hands with Russian opponent
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

July 27 (Reuters) - Ukrainian fencer Olga Kharlan has been disqualified after refusing to shake hands with Russian Anna Smirnova at the World Championships in Milan on Thursday. Kharlan, a four-time Olympic medallist and world champion, won the individual sabre bout 15-7 and then refused to shake hands with her opponent. Smirnova remained on the piste for over half an hour after the incident, speaking with a number of officials before leaving. In fencing's rules, shaking an opponent's hand is mandatory and failure to do so results in a 'black card'. The women's team sabre event begins on July 29.

Persons: Olga Kharlan, Anna Smirnova, Smirnova, Elina Svitolina, Marta Kostyuk, Mykhailo Illiashev, Illiashev, Kharlan, Aadi Nair, Anna Pruchnika, Pritha Sarkar Organizations: Fencing Federation, Thomson Locations: Ukrainian, Milan, Ukraine, Moscow, Belarus, Russia

☆ Indian wrestlers suspend protest after promise of swift probe of federation chief
▼ + stars: | 2023-06-07 | by ( Rupam Jain | ) www.reuters.com time to read: +3 min

NEW DELHI, June 7 (Reuters) - India's top wrestlers said they had decided to suspend protests on Wednesday after the country's sports minister promised a swift probe of their federation chief who they accused six months ago of sexually harassing female athletes. The wrestlers have been camping in New Delhi for months seeking the arrest of Wrestling Federation of India (WFI) President Brij Bhushan Sharan Singh, who has denied the allegations. Singh, a six-time member of parliament, has been accused of sexually assaulting seven female athletes, including a minor. His lawyer rejected all the allegations levelled by the wrestlers and said Singh was cooperating with the police in the probe. It has also threatened to suspend WFI if it fails to hold a fresh election this month.

Persons: Brij Bhushan Sharan Singh, Singh, Narendra Modi's, Bajrang Punia, Anurag Thakur, Punia, Sakshi Malik, Vinesh Phogat, . Sports Minister Thakur, Joanna Maranhao, Sakshi Dayal, Hritika Sharma, Bill Berkrot, Raju Gopalakrishnan Organizations: Wrestling Federation of India, Narendra Modi's Bharatiya Janata Party, BJP, Sports, Tokyo, . Sports Minister, Rights Alliance, International Olympic Committee, IOC, Thomson Locations: DELHI, New Delhi, Asian

☆ Seven punished by Spanish government for racist insults against Vinicius
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - Seven people involved in different racist attacks against Real Madrid forward Vinicius Jr have been punished by Spain's State Commission against Violence, Racism, Xenophobia and Intolerance in Sport, the country's Sports Commission said on Monday. 20 shirt on a bridge near Real's facilities before the team's Cup match against Atletico Madrid on Jan. 26. Three other people were fined 5,000 euros ($5,354.50) and banned from sports venues for one year after making racist gestures towards the Brazil international during a LaLiga match at Valencia's Mestalla Stadium on May 21. Vinicius Jr has been in the spotlight for the past couple of weeks after calling LaLiga and Spain racist following the abuse he suffered during Real's match against Valencia. ($1 = 0.9338 euros)Reporting by Janina Nuno Rios in Mexico City; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Vinicius Jr, Madrid, Vinicius, LaLiga, Janina Nuno Rios, Ken Ferris Organizations: Real Madrid, Violence, country's Sports, Atletico Madrid, Jan, Brazil, Valencia's, Valencia, Guinea, Thomson Locations: Real's, Madrid, Spain, Brazil, Senegal, Mexico City

☆ War has killed 262 Ukrainian athletes, sports minister says
▼ + stars: | 2023-04-02 | by ( ) www.reuters.com time to read: +1 min

April 2 (Reuters) - Russia's war against Ukraine has claimed the lives of 262 Ukrainian athletes and destroyed 363 sports facilities, the country's sports minister, Vadym Huttsait, said on Saturday. "They all support this war and attend events held in support of this war," Huttsait said, according to a transcript on President Volodymyr Zelenskiy's website. The International Olympic Committee has recommended the gradual return of Russian and Belarusian athletes to international competition as neutrals. Reuters could not independently verify the number of Ukrainian athletes killed or how many facilities have been destroyed. In the wake of Russia's full-scale invasion on Ukraine in February 2022, a number of Ukrainian national-level athletes have taken up arms voluntarily to defend their country.

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