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☆ Asset manager names one under-the-radar market to buy when times are bad, giving 6 stock picks
▼ + stars: | 2024-02-08 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

"People recommend investing in the Swiss market during uncertain periods – like if you are expecting a recession. "Maybe in a bull market, Swiss equities are not going to be a huge outperformer globally — but they can generate positive returns. But in difficult times, Swiss equities, besides the U.S., is one of the markets to buy," Bänziger said. In her view, Swiss stocks benefit from the strong Swiss franc and a political system that fosters innovation in companies. Meanwhile, Bänziger believes Swiss Prime Site and PSP Swiss Property make good investments among small- and mid-caps, given the opportunities in the Swiss real estate sector.

Persons: Carla Bänziger, Bänziger, Stocks Organizations: U.S . Federal, that's, CNBC Pro, Swiss, State Secretariat, Economic Affairs, Swiss Re, SIX Swiss Exchange, Dow Jones International Real, ABB, Nestle, Roche, Novartis Locations: that's Switzerland, Swiss, Zurich, U.S, Switzerland, Germany, China, Europe

☆ Wall Street loves Disney's kitchen-sink quarter, but Nelson Peltz says he isn't backing down
▼ + stars: | 2024-02-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Nelson Peltz, founding partner and CEO of Trian Fund Management, speaks with CNBC's Andrew Ross Sorkin on July 17, 2013 in New York. Are you not entertained, Nelson Peltz? Both Disney's higher profits, and string of content and partnership announcements, appeared to form a direct rebuttal to Peltz's concerns about the company. It was hard to keep up with Disney's announcements this quarter:ESPN finally set a launch date for its direct-to-consumer service: August or fall of 2025. It's only logical that the mountain of announcements came this quarter, given activist pressure from Trian and Blackwells Capital.

Persons: Nelson Peltz, CNBC's Andrew Ross Sorkin, Peltz, Jay Rasulo, Michael Froman, Maria Elena Lagomasino, Bob Iger, CNBC's Julia Boorstin, Iger, Boorstin, Taylor, Trian, Disney Organizations: Trian Fund Management, Disney, CNBC, ESPN, Epic Games, Warner Bros . Discovery, Fox, Blackwells, Disney Board Locations: New York, Trian

Disney's fiscal first-quarter earnings per share beat expectations and it said its full-year EPS will rise at least 20% from 2023. Iger also unveiled his strategy and timeline for bringing Disney's flagship sports network ESPN into the streaming era. AdvertisementThe company will launch a stand-alone streaming service with ESPN and its sister networks in the fall of 2025, something Iger called "inevitable." Even if there's consumer demand, the JV faces several hurdles, from challenges brought by existing distributors to antitrust opposition, LightShed Partners wrote in a note published ahead of Disney's earnings release. Challenges aside, the new sports streaming strategy is a big step forward for Iger and Disney.

Persons: —, Bob Iger's, Iger, Taylor Swift, Nelson Peltz, Bob Chapek's, Peltz's, Disney, Paul Verna, Alpha, LightShed, Iger didn't, Trian, Elon Musk, Gina Carano's, Iger's Organizations: Service, Disney, Epic Games, Peltz's Trian Fund Management, Blackwells, ValueAct, Business, Iger, Insider Intelligence, ESPN, Disney's, Fox, Warner Bros, JV, LightShed Partners, Marvel, CNBC Locations: Moana

☆ Top Wall Street analysts suggest these 3 stocks for solid upside
▼ + stars: | 2024-02-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

To select the stocks of such companies that have attractive growth potential, investors can track the recommendations of Wall Street's experts. Here are three stocks favored by the Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. The company recently announced upbeat results for the fourth quarter of 2023 and raised its 2024 subscription revenue and operating margin guidance. "Overall, we believe that paid sharing and advertising would help re-accelerate subscriber and revenue growth while driving high-margin incremental revenue," said Mittal. The analyst also highlighted that while Netflix saw a sixth consecutive quarter of subscriber growth, rival Disney's (DIS) subscriber base has declined for three straight quarters.

Persons: Mike Blake, Wall, ServiceNow, Baird, Robert Oliver, ServiceNow's cRPO, Oliver, TipRanks, Sachin Mittal, Mittal, Bob Iger's, NFLX, Rivian Organizations: U.S, Federal Reserve, TAM, Netflix Locations: Los Angeles

☆ The former CFO of Disney slams Bob Iger's approach to succession planning: 'It's a real black mark'
▼ + stars: | 2024-01-25 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer Disney CFO Gary Wilson has slammed Bob Iger's approach to succession planning. This story is available exclusively to Business Insider subscribers. Iger's return has been marred by multiple setbacks, with Disney struggling to land hits at the box office last year. Representatives for Iger did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Gary Wilson, Bob Iger's, Iger, Wilson, Bob Chapek, Jay Rasulo, Tom Staggs, Chapek, Iger's, Disney's, Andrew Ross Sorkin Organizations: Service, Disney, Business, Wall Street, Marvel, Marvel Studios, The New York Times, Business Insider

☆ US Determined to Remain Strong Security Partner for Nigeria -Blinken
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

ABUJA/WASHINGTON (Reuters) - Secretary of State Antony Blinken on Tuesday said the United States is determined to remain a strong security partner for Nigeria, whose military is backed by the U.S., Britain and other allies in a long war against Islamist insurgents. "The United States is determined to be and remain a strong security partner for Nigeria," Blinken told reporters. Blinken added that he discussed how it is vitally important there be a focus on ensuring civilians are protected and humanitarian considerations. The coup in Niger was one of a series of military takeovers or attempted power grabs that occurred in West and Central Africa over the past three years. So far, about $2 billion of the backlog across sectors such as manufacturing, aviation, and petroleum have been paid, CBN spokesperson Hakama Sidi Ali said in a statement.

Persons: Antony Blinken, Blinken, Bola Tinubu, Mohamed Bazoum, Hakama Sidi Ali, Chijioke Ohuocha, Felix Onuah, Daphne Psaledakis, Humeyra Pamuk, Simon Lewis, Ismail Shakil, Mark Porter, Daniel Wallis Organizations: Islamist, European Union, France, Central Bank of Nigeria Locations: ABUJA, WASHINGTON, United States, Nigeria, U.S, Britain, Niger, West, Central Africa, Abuja, Africa, Cape Verde, Ivory Coast, Angola, Jan, Africa's, Washington

☆ Here's why Jim Cramer called out Disney for giving CEO Bob Iger a big raise
▼ + stars: | 2024-01-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Disney stock was up about 5% year to date at $95 apiece late Monday. 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: Jim Cramer, Stocks, Gamble, Nelson Peltz, Peltz, Bob Iger, Jim, Stanley Black, Decker, Linde, Jim Cramer's Organizations: CNBC, Microsoft, Dow, Procter, Netflix, Disney, Trian Partners, GE Healthcare, Wynn Resorts, Constellation Brands, Jim Cramer's Charitable Locations: Amazon, China

☆ Abigail Disney regrets that she once flew alone on her family's private Boeing 737 from California to New York
▼ + stars: | 2024-01-18 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Abigail Disney expressed regret for flying solo on her family's private jet nearly two decades ago. The Disney heiress made the comments in a report titled "Proud to Pay More." AdvertisementThe Walt Disney Company heiress and filmmaker Abigail Disney said it was "wrong" for her to fly on her family's private Boeing 737 plane alone. Abigail Disney is the granddaughter of Roy O. Disney, who cofounded The Walt Disney Company alongside his brother, Walt Disney. AdvertisementShe said that "one of the greatest luxuries" she experienced growing up was her family's private jet, but one of her strongest memories of using the plane was "actually not so fond."

Persons: Abigail Disney, —, Roy O, Walt Disney, Disney, She's, Bob Iger Organizations: Disney, Service, Walt Disney Company, Boeing, Financial Times, SEC Locations: California, New York

Activist investor Nelson Peltz is stating his case for joining Disney 's board. The proxy battle comes as Iger tries to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable. Peltz reiterated in a CNBC "Squawk Box" interview Thursday morning that he believes Disney's current board oversight is "awful." Peltz and Rasulo aim to execute a clear vision for the brand's theme parks, targeting "high-single digit operating income growth," according to the filing. Peltz told CNBC on Thursday that he paid a visit to Disney World last week.

Persons: Nelson Peltz, Peltz's, Peltz, Jay Rasulo, they'd, Rasulo, Bob Iger's, Bob Chapek, Trian, Iger, that's Organizations: Disney, Peltz's Trian Fund Management, Netflix, CNBC, ESPN, Hollywood Studios, CNBC PRO Locations: Kingdom

☆ Russia and Niger Agree to Develop Military Ties, Moscow Says
▼ + stars: | 2024-01-16 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Russia and Niger, under military rule since a coup last year, have agreed to develop military cooperation, the Russian Defense Ministry said on Tuesday. According to Russian news agencies, Russian Deputy Defense Ministers Yunus-Bek Yevkurov and Alexander Fomin met Niger's junta-appointed Defense Minister Salifu Modi on Tuesday. Niger's military council, led by General Abdourahamane Tiani, took power after ousting President Mohamed Bazoum in July 2023. Niger's junta-appointed Prime Minister Ali Mahamane Lamine Zeine has also arrived in Moscow. During the visit, Zeine intends to discuss widening a partnership with Russia in the areas of defense, agriculture and energy.

Persons: Yunus, Bek Yevkurov, Alexander Fomin, Salifu Modi, General Abdourahamane Tiani, Mohamed Bazoum, Ali Mahamane Lamine Zeine, Zeine, Maxim Rodionov, Ron Popeski, Jonathan Oatis Organizations: Reuters, Russian Defense Ministry, Russian, Niger's, European Union Locations: Russia, Niger, Russian, Niger's, Moscow, United States, Europe, China

☆ Tiger Woods is a billionaire — here's how he spends his money and lives his life
▼ + stars: | 2024-01-09 | by ( Cork Gaines | Meredith Cash | ) www.businessinsider.com time to read: +1 min

Woods' career once looked over, but he made a stunning comeback by winning the Masters a fifth time and may become a regular on the senior tour in a few years. He's one of the highest-paid athletes ever and, according to Forbes, is now a billionaire. Woods spends his money on yachts, private jets, and megamansions off the course. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Woods, —, Tony Manfred, Mary Hanbury Organizations: Forbes, Service, PGA

☆ These are the 11 stocks in our portfolio that Wall Street likes best in 2024
▼ + stars: | 2024-01-02 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

The list of most-loved Club stocks on Wall Street entering the new year resembles the list of 2023 winners, except for two stocks: Constellation Brands and Disney . Among the 11 stocks, analysts expect Nvidia to have the biggest gains in the new year, based on price targets compiled by FactSet. The average price target on Wall Street is $291.31 a share, representing 20.5% upside from Constellation's close Friday. The average Disney price target of $103.08 per share implies about 14% upside from Friday's close. We maintain a price target of $120.

Persons: that's, Jim Cramer, FactSet, Elliott, Bob Iger's, Nelson Peltz, Jim Cramer's, Jim, Spencer Platt Organizations: Constellation Brands, Disney, Nvidia, Linde, TJX Companies, Microsoft, Meta, Alto Networks, Apple, New, Palo Alto Networks, Palo, Constellation, Modelo, Corona, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Nvidia's, Amazon, Palo Alto

☆ James Gorman talks Disney succession, proxy fight as he gears up to join board
▼ + stars: | 2023-12-21 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Morgan Stanley CEO James Gorman said Thursday that he's gearing up to join a succession planning committee at Disney , which will advise the board on choosing CEO Bob Iger's successor. Trian said it would push for Peltz and former Disney executive Jay Rasulo to join the board. "Disney is forming a succession committee, which I'll be joining," Gorman told CNBC's David Faber. Disney said Gorman was referring to the succession committee the company announced in January. Before he ended his previous reign as CEO, Iger renewed his contract multiple times.

Persons: Morgan Stanley, James Gorman, Bob Iger's, Gorman, Jan, Jeremy Darroch, Nelson Peltz, Trian, Jay Rasulo, CNBC's David Faber, Morgan Stanley's, he's, Disney, Iger, Bob Chapek Organizations: Disney, Sky, CNBC

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

Nov 30 (Reuters) - Activist investor Nelson Peltz is pushing ahead with plans to seek at least three board seats at Disney (DIS.N) as the firm is not satisfied with Disney CEO Bob Iger's changes, several people familiar with the matter said. During a conversation on Thursday morning with Iger, Disney extended an offer for Trian to meet with the company's board but rejected the activist shareholder's request for seats on a board that will soon have 12 members, Trian said in a statement. He wanted the company to come up with a better succession plan, overhaul the streaming business and cut costs. Early this year, Peltz aborted a board challenge to give Iger time to "right the ship." "If they’ve made significant progress," Gadson said of Disney, proxy advisers "are more likely to allow for time to complete the transformation."

Persons: Nelson Peltz, Bob Iger's, Trian, Iger, Peltz, Disney, Morgan Stanley, James Gorman, Jeremy Darroch, Francis deSouza, Patrick Gadson, Vinson, they’ve, Gadson, Samrhitha, Dawn Chmielewski, Bayliss, Mark Porter, Lisa Shumaker Organizations: Disney, Trian, ESPN, Sky, Companies, Exxon, Svea Herbst, Thomson Locations: Bengaluru, Dawn, New York, Providence

☆ Peltz's renewed fight for Disney board seats keeps pressure on CEO Iger to right the ship
▼ + stars: | 2023-11-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Activist investor Nelson Peltz's renewed fight for Disney (DIS) board seats is a positive for shareholders because he will push for a level of financial discipline that the company has lacked. Peltz's Trian Partners, a major Disney shareholder, said Thursday it will launch a new challenge to get board representation. As part of its release, Trian said the investment firm's Disney stake is currently worth roughly $3 billion. DIS YTD mountain Disney YTD Peltz will "keep the heat on Disney and this is a positive for us as shareholders," Jim said Thursday while urging new Club members to "buy Disney right here, right now." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Nelson Peltz's, Peltz's Trian, Trian, Jim Cramer, Trian's, Ike Perlmutter, Perlmutter, Morgan Stanley, James Gorman, Sir Jeremy Darroch, Gorman, he's, Jim, Peltz, Jim —, Iger, we're, We're, Jim Cramer's, Nelson Peltz, Marco Bello Organizations: Disney, Peltz's Trian Partners, Marvel, Sky, CNBC, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Getty Locations: Miami , Florida

☆ Bob Iger says Disney needs a reality check about box office success
▼ + stars: | 2023-11-30 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

"We got to the point where if a film didn't do a billion dollars in global box office, we were disappointed," he said. Iger also blamed Disney putting quantity before quality for its box office misses. In response to questions about the company's box office misses, the CEO said: "I'm not sure another studio will ever achieve some of the numbers that we achieved." Disney can claim 10 of the 20 highest-grossing films, each of which took more than $1 billion at the box office, per IMDb. However, the film's now made $383 million globally, per Box Office Mojo.

Persons: Bob Iger, Iger, —, That's, Indiana Jones, Bob Chapek, Iger's Organizations: Disney, Service, The New York Times, Summit, Netflix

☆ Disney CEO Bob Iger says company's movies have been too focused on messaging
▼ + stars: | 2023-11-30 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

New York Times columnist Andrew Ross Sorkin, left, and Bob Iger, CEO of The Walt Disney Company, speak during the Times' annual DealBook Summit in New York City, Nov. 29, 2023. Disney Chief Executive Officer Bob Iger said Wednesday he will no longer tolerate his company's partners and creative team prioritizing messaging over storytelling. Iger had been in charge of "creative endeavors" in 2020 and 2021, even while Bob Chapek ran the company as CEO. Disney named two new board members on Wednesday — former Morgan Stanley CEO James Gorman and former Sky CEO Jeremy Darroch — as it gears up for a potential proxy fight. Current Disney board member Francis A. deSouza won't run for reelection at the annual meeting.

Persons: Andrew Ross Sorkin, Bob Iger, Iger, It's, Disney's, Bob Chapek, Ron DeSantis, Sen, Ted Cruz, it's, I've, Nelson Peltz's, Morgan Stanley, James Gorman, Jeremy Darroch —, Francis A, deSouza Organizations: New York Times, Walt Disney Company, Times, Disney, Florida Gov, Management, Wednesday, Sky Locations: New York City, New York, Ted Cruz of Texas

☆ Remember when Disney's Bob Iger floated selling ABC? Turns out, he was just testing the waters.
▼ + stars: | 2023-11-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Over the summer, Bob Iger seemed to hint that ABC and Disney's other networks were for sale. Since returning as CEO, Iger has turned his focus to streaming. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "That was a means of my saying to Wall Street or the investment community that our heads were not in the sand about the challenges that those businesses were having," he said Wednesday. Perhaps Iger is once again testing the waters of the investment community.

Persons: Bob Iger, Iger, —, Disney, Byron Allen Organizations: Service, ABC, Disney, The New York Times, Summit, CNBC, Allen, Co, Nexstar Media Group, Allen Media Group, Geographic Locations: Sun Valley , Idaho

☆ Scott Shleifer steered billions into startups for Tiger Global. With his reign now over, the industry wonders what's next.
▼ + stars: | 2023-11-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

Few investors are more emblematic of the no-interest-rate private market frenzy than billionaire Scott Shleifer. Tiger's venture approach in 2020 and 2021 — constantly described as unsustainable by rivals — included maneuvers such as offering start-ups more money than they were asking and emailing founders term sheets after a single meeting. Shleifer's reputation and personal wealth grew with Tiger's venture success. As Tiger was fundraising late last year, investors learned of a $10 million settlement Tiger Global made to a former female employee. At least one Tiger investor was surprised to hear about it from Coleman and not Shleifer himself.

Persons: Scott Shleifer, —, Chase Coleman, Donald Trump's, Michael Gross, Tiger, Bain, John Curtius, Shleifer, Eric Lane, Evan Feinberg, Griffin Schroeder, Coleman, Sarah Samuels, Samuels, Scott, OpenAI's, Sam Altman's, Altman, Paul Graham Organizations: longtime Tiger Global, Business, Tiger, Walmart, The, Washington Post Locations: Florida, India, Flipkart, New York

☆ The key to Disney from here is really about the streaming business, says Michael Nathanson
▼ + stars: | 2023-11-29 | 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 EmailThe key to Disney from here is really about the streaming business, says Michael NathansonMichael Nathanson, MoffetNathanson founding partner & senior research analyst, joins 'Squawk Box' to discuss Disney CEO Bob Iger's employee town hall, the challenges facing the company, the future of the stock, and more.

Persons: Michael Nathanson Michael Nathanson, MoffetNathanson, Bob Organizations: Disney

☆ Disney CEO Bob Iger says company is ready to start building
▼ + stars: | 2023-11-28 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

The Walt Disney Company CEO Bob Iger attends the Nominees Luncheon for the 95th Oscars in Beverly Hills, California, U.S. February 13, 2023. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsNov 28 (Reuters) - Walt Disney (DIS.N) CEO Bob Iger told employees that he faced a "myriad of challenges" upon returning to the company but remained upbeat about its prospects. "I feel that we’ve just emerged from a period of a lot of fixing to one of building again," Iger said. The meeting marks the one-year anniversary of Iger's first town hall since rejoining the company as chief executive in November 2022. Disney has undergone a transformation under Iger, who restructured the company and streamlined operations to make the business more cost effective.

Persons: Bob Iger, Mario Anzuoni, Walt Disney, “, ” Iger, I've, Iger, Alan Bergman, Dana Walden, Jimmy Pitaro, Josh D’Amaro, Nelson Peltz, Bob Chapek, Scarlett Johansson, Florida Governor Ron DeSantis, Disney, Dawn Chmielewski, Nick Zieminski Organizations: Walt Disney Company, REUTERS, New Amsterdam Theatre, Disney Entertainment, ESPN, Walt, New York Times, Disney, Florida Governor, Thomson Locations: Beverly Hills , California, U.S, Iger's, Burbank , California, New York

☆ Niger junta repeals law aimed at slowing migration to Europe
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

Niger's junta, which took power in a July coup, repealed the law on Saturday and announced it on Monday evening on state television. In return, the European Union launched the 5 billion euro Trust Fund for Africa in 2015, aimed at eradicating the root causes of migration, but many felt it was not enough. How European leaders greet the news, and the impact on migration to Europe, is yet to be seen. Andre Chani used to earn thousands of dollars a month driving migrants through the desert before police impounded his trucks in 2016. Reporting by Moussa Aksar and Edward McAllister; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Yara, Andre Chani, Moussa Aksar, Edward McAllister, Grant McCool Organizations: REUTERS, European Union, Fund, Thomson Locations: Lampedusa, Italy, NIAMEY, West Africans, Europe, Niger, Africa, Agadez

AMZN mountain 2021-01-01 Amazon's stock performance since the start of 2021. CRM mountain 2021-01-01 Salesforce's stock performance since the start of 2021. DHR mountain 2021-01-01 Danaher's stock performance since the start of 2021. DIS mountain 2021-01-01 Disney's stock performance since 2021. SWK mountain 2021-01-01 Stanley Black & Decker's stock performance since the start of 2021.

Persons: It's, Eli Lilly, Salesforce, Bob Iger's, Emerson, Lal Karsanbhai, hasn't, tanked, Laxman Narasimhan, Stanley Black, Decker, –, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Federal Reserve, Dow Jones Industrial, Nvidia, Microsoft, Linde, LIN, Broadcom, Web Services, Walt Disney, Paramount, Warner Bros Discovery, Disney, Emerson, Emerson Electric, National Instruments, Google, Honeywell, Honeywell International, Technologies, Solutions, Meta, Reality Labs, Starbucks, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Seattle, Danaher's, China

☆ Microsoft is in a tough spot as OpenAI's largest investor, says Jason Ware
▼ + stars: | 2023-11-20 | 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 EmailMicrosoft is in a tough spot as OpenAI's largest investor, says Jason WareJason Ware, Chief Investment Officer at Albion Financial Group, discusses the impact of OpenAI's leadership shakeup on Microsoft, as well as what investors have learned one year after Bob Iger's return to Disney as CEO.

Persons: Jason Ware Jason Ware, shakeup, Bob Iger's Organizations: Microsoft, Albion Financial, Disney

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