DIRS.INFO The most relevant business & tech news

☆ What the Hollywood Writers’ Deal Means
▼ + stars: | 2023-09-25 | by ( Whet Moser | ) www.nytimes.com time to read: +1 min

Hollywood writers reached a deal to end their strikeThe Writers Guild of America, which represents more than 11,000 screenwriters, could begin finalizing a deal on a new contract with entertainment companies as soon as tomorrow. The 146-day strike all but ended after the two sides reached a tentative deal on Sunday night. SAG-AFTRA and the studios have not spoken in more than two months, and no talks are scheduled. But the prospective writers’ deal should provide a blueprint for the actors, since many of their demands are similar. The tentative deal came after several senior company leaders joined the talks directly — among them Robert Iger, Disney’s chief executive; Ted Sarandos, Netflix’s co-chief executive; and David Zaslav, who runs Warner Bros.

Persons: Robert Iger, Ted Sarandos, Netflix’s, David Zaslav Organizations: Guild of America, SAG, Warner Bros .

☆ Live updates: United Auto Workers, UAW, go on strike against GM, Ford and Stellantis
▼ + stars: | 2023-09-16 | by ( Robert Ilich | ) edition.cnn.com time to read: +3 min

Striking United Auto Worker Diana Osborne holds a strike sign outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S. September 15, 2023. GM CEO Mary Barra sent a letter to employees Thursday saying the company’s latest offer now includes a 20% raise, with an immediate 10% pay hike. The lower-paid temporary employees would get $20 an hour, which represents at 20% raise from current $16.67 an hour they receive. Anger is mounting with Stellantis:Stellantis is making greater use of lower-paid temporary workers than the other automakers. Eliminating or at least limiting use of temporary workers is a major issue for the union.

Persons: Worker Diana Osborne, Rebecca Cook, Shawn Fain, Mary Barra, Jim Farley, Farley, Wheaton, Stellantis Organizations: United, Worker, Ford Michigan Assembly Plant, Reuters, United Auto Workers, UAW, General Motors, Ford, Jeep, Dodge, Chrysler, North America, Workers, GM, CNN, Cornell University’s Industrial, Labor Relations Locations: Wayne , Michigan, U.S, Wentzville , Missouri, Toledo , Ohio, Ford, Buffalo .

☆ Disney, Charter reach distribution deal ahead of 'Monday Night Football'
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

Rival media companies Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) gained 2.3% and 2%, respectively. That deprived nearly 15 million Spectrum video subscribers of access to the U.S. Open tennis tournament, college football and other programming. Charter pays Disney more than $2.2 billion annually for the right to distribute the media giant's channels to subscribers. Companies like Charter say rising distribution fees are forcing cable companies to increase prices, causing consumers to leave. It wants to keep as many cable subscribers as possible while it prepares to offer ESPN directly to consumers on an app.

Persons: Brendan McDermid, Walt Disney, Robert Iger, Chris Winfrey, Akash Sriram, Maju Samuel Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Charter Communications, ESPN, NFL, Disney, Warner Bros Discovery, Paramount Global, ABC, U.S, Buffalo Bills, New York Jets, Charter, Companies, NBA, Thomson Locations: New York, U.S, New York City, Los Angeles, Bengaluru

☆ Cousins (and Co-Authors) Write a Love Letter to New York
▼ + stars: | 2023-08-30 | by ( Robert Ito | ) www.nytimes.com time to read: +1 min

In the new graphic novel “Roaming,” Dani and Zoe, best friends from a suburb of Toronto, meet up in Manhattan over spring break. Before long, they’re savoring their first slice of New York pizza (“huge, like a place mat!”) and getting hassled for cash by a creepy Times Square busker dressed as Elmo. Jillian and Mariko Tamaki, the cousins who wrote and illustrated the book, drew from their own memories of traveling for the first time to New York City. Mariko, 47, who grew up in Toronto, recalled being spooked by the subways, among other things. Jillian, who was raised in Calgary, remembered how electric the air felt in Times Square, and how the light was like nothing she’d ever seen.

Persons: ” Dani, Zoe, Elmo, Jillian, Mariko Tamaki, Mariko, “, ”, Dani Organizations: American Museum of, Metropolitan Museum Locations: Toronto, Manhattan, York, New York City, Hollywood, Calgary

☆ Amazon in talks with Disney about ESPN streaming partnership - The Information
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] FILE PHOTO-The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. Disney and ESPN are still in the midst of determining an appropriate price for the new service, the report said. ESPN is considering charging between $20 and $35 a month for the new streaming service, which could make it the most expensive streaming service in the U.S, the report added. Amazon.com, Walt Disney and ESPN did not immediately respond to Reuters requests for comment. Reporting by Leroy Leo and Zaheer Kachwala in Bengaluru; Editing by Maju Samuel and Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Walt, Robert Iger, Leroy Leo, Zaheer Kachwala, Maju Samuel, Shailesh Organizations: REUTERS, Walt Disney Co, ESPN, Disney, Walt Disney, CNBC, Thomson Locations: Lauwin, France, U.S, Bengaluru

☆ American Airlines pilots approve sweetened labor deal with big raises
▼ + stars: | 2023-08-21 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. American Airlines pilots approved a sweetened labor deal, making the carrier the second major U.S. airline to seal a new contract with its highest-paid work group. An earlier deal between American and the union fell apart after rival United Airlines and that carrier's union reached a richer, preliminary deal. American's pilots voted more than 72% in favor of the new contract, and there was a 95% turnout, according to the Allied Pilots Association. Delta Air Lines pilots ratified a new agreement earlier this year.

Persons: American's, Robert Isom Organizations: American Airlines, Miami International Airport, Miami , Florida . American Airlines, American, United Airlines, Allied Pilots Association, Delta Air Lines Locations: Miami , Florida, U.S

☆ For Cubs, game with White Sox about more than city bragging rights
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

That means avoiding a two-game home sweep at the hands of the lowly crosstown-rival White Sox on Wednesday night. "We've just got to move on to (Wednesday)," Cubs starter Kyle Hendricks said. Assad didn't allow a baserunner over 1 2/3 scoreless innings of relief against the White Sox on July 26. Despite an overall rough season for the White Sox, Clevinger seems content with his current situation. It's uncertain if White Sox shortstop Tim Anderson will be available after he was scratched before Tuesday's game due to a stiff neck.

Persons: Tuesday's, We've, Kyle Hendricks, Marcus Stroman, David Ross, Javier Assad, Assad, I'm, He's, Star Luis Robert Jr, Robert, Mike Clevinger, Clevinger, It's, Tim Anderson Organizations: Chicago Cubs, White Sox, Cubs, National League Central, New York Mets, Kansas City Royals, American League Central, Detroit, Toronto, Star, New York Yankees, San Diego, Thomson Locations: Pittsburgh

☆ Purging Books, Making Art and Ruling Chicago
▼ + stars: | 2023-08-12 | by ( Sadie Stein | ) www.nytimes.com time to read: +1 min

First published in 1982 with the straightforward subtitle “A Life of Contemporary Artist Robert Irwin,” this is in fact so much more. Yes, Weschler explores Irwin’s early years with the California Abstract Expressionist school, and his move into spatial experimentation. You’ll come away with solid knowledge of the 20th-century art world. In Irwin’s own words: “For the next week, try the best you can to pay attention to sounds. Once you let them in, you’ve already done the first and most critical thing, you’ve honored that information by including it.

Persons: Robert Irwin, Weschler, You’ll, it’s, you’ve, ”, John Cage’s, Dick ”, Werner Herzog’s “, Morgana Organizations: Contemporary, Getty, Dia Locations: California

☆ Startup nation no more? Investments plunge as Israel pushes on with judicial overhaul
▼ + stars: | 2023-08-11 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +4 min

The judicial overhaul and the uncertainty, disruption and risks that come with it, are forcing him to shift Tipalti’s money and talent overseas, he says. The company keeps all its funds outside Israel, apart from three months’ payroll as required by its bank, he says. At the same time, money going into Israel’s 7,000 startups is plunging, says Ari Strasberg, SNC’s Vice President of Strategy. According to SNC, tech startups raised $15.5 billion in 2022, the equivalent to just under 3% of the country’s GDP. Protesters still hope the government will reverse course, or that its judicial overhaul bills will be struck down by the Supreme Court.

Persons: Chen Amit, ” Amit, Amit, Robert Israch, –, He’s, Ari Strasberg, ”, Morgan Stanley, Benjamin Netanyahu, Bezalel Smotrich Organizations: Israel CNN, Kaplan, CNN, Nation Central ”, “ Investments, SNC, Finance Ministry, Technology, Supreme Locations: Tel Aviv, Israel, Foster City , California, Israeli

☆ Brice Marden, Who Rejuvenated Painting in the 1960s, Dies at 84
▼ + stars: | 2023-08-10 | by ( William Grimes | ) www.nytimes.com time to read: +2 min

While in Boston, he became immersed in the city’s folk music scene and married Pauline Baez, the older sister of the singer Joan Baez. In addition to Helen Marden, his second wife, he is survived by a son from his first marriage, Nicholas; two daughters from his second marriage, Mirabelle and Melia Marden; a younger sister, Mary Carroll Marden; and two grandchildren. After receiving a master’s degree in fine arts in 1963, Mr. Marden moved to New York. His first monochromatic panels were exhibited in 1964 at Swarthmore College and, soon after that, at the Bykert Gallery. And this was my way of thinking, well, there are things that haven’t been done,” he told Mr. Cooper of the National Gallery.

Persons: Pauline Baez, Joan Baez, Helen Marden, Nicholas, Mirabelle, Melia Marden, Mary Carroll Marden, Michael, Marden, Nancy Graves, Chuck Close, Richard Serra, Frank Stella, “, ”, Harry Cooper, Robert Indiana, Jasper Johns, Robert Rauschenberg, Cooper Organizations: Yale, Yale University School of Art, National Gallery of Art, Mr, Chiron Press, Jewish Museum, Swarthmore College, “ Locations: Boston, Norfolk, Conn, Washington, New York

CNN —Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named as the sixth player director on the powerful PGA Tour policy board. The move gives the players a one-seat advantage on the board after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf. Five of the policy board members are independent directors, with professional backgrounds in law and business. “I am honored to represent the players of the PGA TOUR. Many elite PGA golfers accepted highly lucrative offers from LIV Golf, including Phil Mickelson, Dustin Johnson, Sergio Garcia and Bubba Watson.

Persons: Tiger Woods, LIV Golf, ” Woods, Jay, Monahan, Woods, Rory McIlroy, Webb Simpson, Patrick Cantlay, Charley Hoffman, Peter Malnati, McIlroy, LIV, “, Golf, Phil Mickelson, Dustin Johnson, Sergio Garcia, Bubba Watson, Sen, Richard Blumenthal, Greg Norman, ” Monahan, Colin Neville, Neville, Ben Morse Organizations: CNN, Tour, PGA Tour, LIV, PGA, Washington Post, Saudi Public Investment Fund, Capitol Hill, Saudi, Premier Golf League Locations: Saudi, Connecticut

has brought back two former heirs apparent, Kevin Mayer and Tom Staggs, to advise on the future of Disney’s legacy TV businesses were sure to get Hollywood talking. Mr. Mayer and Mr. Staggs will help Iger think about “linear” TV properties like ABC, according to Puck. Both men had once been tipped as potential successors to Iger — Mr. Mayer as head of M.&A. (Mr. Iger chose Bob Chapek to take over, but he was ousted after two years and replaced by … Mr. Mr. Mayer and Mr. Staggs now run Candle Media, an investment company that has bought an array of production studios.

Persons: Robert Iger, Kevin Mayer, Tom Staggs, Iger’s, Mayer, Staggs, Puck, Iger, Mr, Bob Chapek, … Mr Organizations: Disney, ESPN, Media

☆ At New York’s Coenties Slip, an Artist Colony and a ‘Rebellion’
▼ + stars: | 2023-07-27 | by ( Walker Mimms | ) www.nytimes.com time to read: +2 min

In “The Slip,” Prudence Peiffer’s tenderly researched group biography, six visual artists in different seasons of life and seeking different aesthetic ideals met Barr’s challenge with an unlikely spirit of concert. Beside him is his art school friend Jack Youngerman, painter of shaggy color fields in organic, almost floral forms. Grown bored in postwar Paris, the Jersey boy and the Kentuckian relocated to the abandoned sail-making lofts of Coenties Slip, an old manufacturing block in the toe of Manhattan. From 1956 to around 1964, an artist colony and some truly epochal art took shape there. That scene has long fascinated critics but never been the subject of a researched narrative history until now.

Persons: Prudence Peiffer, ”, Alfred H, Barr Jr, Jackson Pollock, Barr, Prudence Peiffer’s tenderly, Ellsworth Kelly, Jack Youngerman, Youngerman, Youngerman’s, Delphine Seyrig, Agnes Martin, James Rosenquist, Lenore Tawney, Robert Indiana Organizations: New York, Museum of Modern Locations: Paris, Jersey, Manhattan, New Mexico, Minnesota, Chicago, Europe

☆ American Airlines pilots' union accepts sweetened labor deal
▼ + stars: | 2023-07-27 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

American Airlines pilots' union said Thursday that they agreed to a sweetened offer for a new labor contract, less than two weeks after a richer deal at rival United Airlines derailed voting at American. "We appreciate the Allied Pilots Association for its collaborative work to reach an updated agreement on a four-year contract for American's pilots," American said in a statement. American's pilots would start voting on the new deal in August. The deal is the latest in the transportation industry where workers are seeking, and getting, higher wages. A shortage of pilots has emboldened unions to seek bigger raises and other improvements after the pandemic stalled negotiations.

Persons: Robert Isom Organizations: American Airlines, United Airlines, American, Delta Air Lines, Allied Pilots Association, UPS, International Brotherhood of Teamsters, Workers Locations: U.S

☆ American Airlines pilots reach deal to match gains at rival United
▼ + stars: | 2023-07-27 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +3 min

The Allied Pilots Association (APA), which represents over 15,000 American Airlines pilots, did not specify the value of the revised deal. The American Airlines revised deal also provides pilots full back pay for this year. In line with United's deal, pay increases for American Airlines' pilots will now take place on January 1 instead of May 2 as provided in the original deal. An American Airlines spokesperson described the revised deal as a contract that its pilots deserve. Southwest Airlines (LUV.N) is now the only major U.S. carrier that is without a new pilot contract deal.

Persons: Brian Snyder CHICAGO, Robert Isom, Rajesh Kumar Singh, Leslie Adler, Bill Berkrot, Jamie Freed Organizations: American Airlines, Airport, REUTERS, United Airlines, North American, Allied Pilots Association, American, United, Delta Air Lines, APA, Jefferies, Delta, United . Airline, Southwest Airlines, Thomson Locations: Boston , Massachusetts, U.S, United States

☆ American Airlines pilot contract offer increases to $9 billion following United agreement
▼ + stars: | 2023-07-22 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —American Airlines (AAL) agreed to raise its pilot contract offer by more than a billion dollars to bring it on par with the tentative agreement competitor United Airlines reached with its pilots last week. The total offer reaches about $9 billion dollars in incremental compensation and benefits, CEO Robert Isom said in a call with pilots Friday. Isom said the United agreement “changed the landscape” and had wages that were higher than Delta’s original negotiations. Last week, United Airlines pilots, represented by the Air Line Pilots Association, reached a deal in principle with the airline, giving the pilots up to a 40% raise. Last week, APA President Ed Sicher said in a statement it is “dead obvious” their union’s existing tentative agreement is “woefully deficient by comparison” to the tentative agreement reached by its competitor airline’s pilots.

Persons: Robert Isom, Isom, “, ” Isom, ”, Ed Sicher Organizations: New, New York CNN — American Airlines, United Airlines, Allied Pilots Association, Board, Air Line Pilots Association, American Airlines Locations: New York, Delta

☆ American Airlines boosts pilot contract offer by $1 billion after United deal
▼ + stars: | 2023-07-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. American Airlines raised its offer for a new pilot contract by more than $1 billion to match a preliminary deal last week between rival United Airlines and that carrier's aviators. Airlines and pilot unions had been negotiating new deals for years. Delta Air Lines pilots approved a new agreement in March for a deal that includes 34% raises over four years. The new offer includes 21% pay bonuses and pay on par with United and Delta, the Allied Pilots Association, their union, said Friday.

Persons: Robert Isom, Ed Sicher, Isom Organizations: American Airlines, Miami International Airport, Miami , Florida . American Airlines, United Airlines, United, . Airlines, Unions, Delta Air Lines, Delta, Allied Pilots Association Locations: Miami , Florida

☆ American Airlines raises 2023 profit forecast after strong second quarter
▼ + stars: | 2023-07-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. American Airlines on Thursday raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest airline to reap the rewards from the continued boom in demand. That updated 2023 profit guidance falls in line with Wall Street expectations of $3.10, according to Refinitiv consensus estimates. For the third quarter, American expects to earn an adjusted 85 cents to 95 cents per share, in line with estimates. Adjusting for one-time items, including costs associated with planes retired early in the pandemic, the company earned $1.37 billion, or $1.92 per share.

Persons: Robert Isom, CNBC's Phil LeBeau Organizations: Boeing, American Airlines, Airline, United, Refinitiv Locations: Barcelona, Fort Worth - Texas

☆ US airlines see no letup in travel demand despite broader economic concerns
▼ + stars: | 2023-07-20 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +3 min

CHICAGO, July 20 (Reuters) - A rush among travelers to make up for lost time during the pandemic is producing bumper airline earnings. United Airlines (UAL.O) and Delta Air Lines (DAL.N) have also raised their earnings estimates as consumers cut spending on goods in favor of experiences. "It's indicative of our belief that the economy is strong, demand is strong," American CEO Robert Isom said on an earnings call. Strong demand has bolstered airfares, allowing carriers to offset higher costs. They point to frequent upgrades to airline earnings forecasts as an evidence of strong travel spending.

Persons: Robert Isom, Scott Kirby, Rajesh Kumar Singh, Nick Zieminski Organizations: U.S, American Airlines, United Airlines, Delta Air Lines, U.S . Transportation, Airline, Thomson Locations: Texas, U.S, Europe

☆ How Netflix can end the Hollywood strike in a way Disney, Paramount can't afford
▼ + stars: | 2023-07-20 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

"The strike is not something we wanted," said Sarandos, whose company is negotiating jointly with competing movie studios like Disney and Paramount whose parent companies also own streaming services. Some big-media companies that own streaming services, like Paramount and Disney, have seen their shares drop even in the renewed bull market of the past year. LightShed Partners analyst Rich Greenfield says Netflix made $6.5 billion last year excluding interest, taxes, and non-cash charges, while rival streaming services at Paramount, Disney and NBC lost more than $8 billion. That's a relatively small number for an industry with revenues topping $70 billion, $31.6 billion of it last year at Netflix. Paramount Global's Paramount+ service lost $1.8 billion last year, but saw losses shrink in the first quarter.

Persons: Mike Blake, Mark Mahaney, Ted Sarandos, Greg Peters, Michael Pachter, Robert Iger, Iger, CNBC's David Faber, Max, Rich Greenfield, Mahaney, hasn't, Jake Urbanski, Jamie Lumley, Peters, Spencer Neumann Organizations: Guild of America, Netflix, Alliance, Producers, Wednesday, Writers Guild of America, Screen, American Federation of Television, Radio Artists, Disney, Paramount Global, Amazon, Wedbush Securities, Television Producers, CNBC, Walt Disney Co, Sun, Paramount, Warner Bros, LightShed, NBC, Hollywood, Moody's Investors Service, Writers ' Guild of America, WGA, Twitter, Hulu, Comcast, Apple Locations: Los Angeles , California, U.S

☆ American Airlines earnings outlook disappoints, shares fall
▼ + stars: | 2023-07-20 | by ( Shivansh Tiwary | ) www.reuters.com time to read: +1 min

July 20 (Reuters) - Shares of American Airlines (AAL.O) fell on Thursday as its outlook for the second half of the year disappointed investors even as the company lifted its full-year profit forecast and posted higher-than-expected quarterly earnings. American forecast adjusted profit of $3.00 to $3.75 per share for 2023 compared with its prior outlook of $2.50 to $3.50 per share. But some analysts said the outlook suggested a slowdown in the company's earnings in the second half compared with the first six months of the year. American's revenue forecast also suggested airline ticket prices for domestic travel have peaked, fueling worries about the company's ability to offset cost pressure. Adjusted earnings for the second quarter came in at $1.92 per share, above analysts' consensus earnings estimate of $1.59, according to a Refinitiv survey.

Persons: Stephen Trent, American's, Robert Isom, Shivansh, Arun Koyyur, Stephen Coates Organizations: American Airlines, Citi, United Airlines, Thomson Locations: Bengaluru

Netflix’s focus on streaming has also helped it dodge some of the other problems bedeviling its peers, including weaker-than-expected box office results for expensive blockbusters. (That was also evident in China, which some in Hollywood had hoped could make up for underperformance at home.) While the company will save on content spending in 2023, it will have to pay for American productions at some point. “This strike is not an outcome that we wanted,” Ted Sarandos, the company’s co-C.E.O., told analysts yesterday. In more strike news: Film production in Los Angeles during the second quarter fell to lows not seen since the middle of the pandemic.

Persons: Hollywood, underperformance, Disney’s Robert Iger, Ted Sarandos, Elon Musk Organizations: Netflix Locations: China, Hollywood, Los Angeles

☆ What Does It Mean to be Blind? A Writer Chronicles the Loss of His Vision.
▼ + stars: | 2023-07-17 | by ( Robert Ito | ) www.nytimes.com time to read: +1 min

Leland also takes on questions about being blind that many of us might never ask, or might not know whom to ask. Do blind guys want to know if the woman they’re speaking to is pretty? He made the decision after a blind woman told him that he should learn now, rather than when his sight was gone for good, an experience that for many can be an emotional tornado. The writing process, he said, kept him going despite his declining vision and accompanying worries about the future. But given the fact that he was writing about blindness, “losing vision almost felt productive.

Persons: Leland, “ I’ve, I’ve, ”, “ That’s, I’m

☆ How Manga Was Translated for America
▼ + stars: | 2023-07-14 | by ( Gabriel Gianordoli | Robert Ito | ) www.nytimes.com time to read: +1 min

Since manga was first introduced to the U.S. in the 1980s, American companies have wrestled with how to adapt the genre for their readers. The history of manga translation in the U.S. has been one of fits and starts, as publishers grappled with questions about how to present it to fans outside of Japan. Striking the right balance is tricky, said Frederik L. Schodt, one of the early translators of manga and the author of “Manga! : The World of Japanese Comics,” a groundbreaking work in the field of manga studies. “Readers in English should be able to enjoy the story without thinking about it being a translation,” he said.

Persons: Frederik L, ” Organizations: Comics Locations: U.S, Japan

☆ Here are Friday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Disney, Amazon, Microsoft & more
▼ + stars: | 2023-07-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

JPMorgan downgrades AT & T to neutral from overweight JPMorgan downgraded the telecommunications due to "slowing growth drivers." Wells Fargo downgrades Progressive to equal weight from overweight Wells said it has concerns about the insurance company gaining share. UBS upgrades Microsoft to buy from neutral UBS said in its upgrade of the stock that shares are too attractive to ignore. Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating after the company's Prime Day. JPMorgan reiterates Apple as overweight JPMorgan said recent checks show that Apple has "strong market share" in a variety of markets.

Persons: LOE, Wells, it's, Tesla, Morgan Stanley, Goldman Sachs, Goldman, Raymond James, Robert Iger, Mills, Argus Organizations: HSBC, Pfizer, ADC, JPMorgan downgrades, Verizon, Mobile, Consumer, JPMorgan, Alcoa, UBS, Microsoft, Citi, Applied Materials Citi, Bank of America, Texas Roadhouse Citi, Texas, Barclays, Apple, Sands, Macau, Northland, Nvidia, Pulte, KB, Disney, CNBC, DIS, Argus, TNT, Tidewater Locations: Wells Fargo, China, Northland

Search resuls for: "Robert I"

25 mentions found