Disney (DIS) is facing multiple challenges — settling ownership over Hulu, potential asset restructuring, uncertainty over CEO Bob Iger's tenure — leaving...
) is facing multiple challenges — settling ownership over Hulu, potential asset restructuring, uncertainty over CEO Bob Iger's tenure — leaving many investors cautious on the company's future. Shares of the company are down over 20% from where they were a year ago today, but could it be time to buy back in?
When asked about Bob Iger's performance as CEO Ehrlich responds:"It's a little hard to put a grade on Bob because the entire industry is suffering... you can't blame Bob for the 'ad recession' that's going on of course in the industry, nor the decline in the linear pay-TV universe, some of this stuff... it is what it is, and I think there's a lot of confidence that Bob can do it.
Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a big upswing in the Japanese yen.High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.
Hui Ka Yan is now worth $979 million. His net worth has taken a 98% tumble since peaking at $42 billion in 2017, per Bloomberg.TORONTO — The Canadian dollar has dipped against its U.S. counterpart following the Bank of Canada's decision to hold its key interest rate at five per cent. Here's what it means for Canadians. How is the loonie doing? As of midday, it was trading at 72.55 cents to the U.S. dollar, compared with 72.83 cents on Tuesday.
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