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Activist investor Jana teams up with NFL's Travis Kelce to pressure Six Flags
Reuters· 2025-10-21 20:05
Core Insights - Activist investor Jana Partners has partnered with football star Travis Kelce to advocate for improvements in marketing and customer experiences at Six Flags Entertainment [1] - Jana Partners disclosed a 9% stake in Six Flags, indicating a significant investment interest [1] Company Initiatives - The collaboration aims to enhance the overall customer experience and marketing strategies of Six Flags [1] - The involvement of a high-profile figure like Travis Kelce is expected to draw attention and potentially influence changes within the company [1] Investment Context - The 9% stake held by Jana Partners reflects a strategic move to push for operational improvements and increased shareholder value at Six Flags [1]
Netflix misses earnings targets after tax dispute in Brazil
Reuters· 2025-10-21 20:03
Netflix missed Wall Street third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities and it offered a forecast a touch ahead of Wall Street projecti... ...
Air New Zealand sees loss in first half of 2026, flags higher engine lease costs
Reuters· 2025-10-21 19:50
Air New Zealand on Wednesday forecast a loss before tax for the first half of fiscal 2026, as absence of an expected pickup in revenue from domestic and U.S.-bound bookings added to woes around higher... ...
Boeing receives US Army orders for nine Chinook helicopters worth $461 million
Reuters· 2025-10-21 19:28
Boeing said on Tuesday it had received orders for nine CH-47F Block II Chinook helicopters from the U.S. Army via two contract awards worth $461 million. ...
Exclusive: Warner Bros discovery board rejected Paramount Skydance's buyout offer, source says
Reuters· 2025-10-21 19:06
Group 1 - Warner Bros Discovery board rejected an acquisition offer from Paramount Skydance of nearly $24 per share [1]
Petrobras could begin production at Foz do Amazonas within seven years, says CEO
Reuters· 2025-10-21 18:46
Core Viewpoint - Petrobras, the Brazilian state-run oil company, may initiate oil and gas production in the Foz do Amazonas basin within seven years, contingent on the confirmation of large reserves [1] Company Summary - The Chief Executive of Petrobras, Magda Chambriard, indicated the potential timeline for production commencement, highlighting the importance of confirming substantial reserves in the region [1] Industry Summary - The Foz do Amazonas basin represents a significant opportunity for oil and gas production, which could enhance Brazil's energy sector and contribute to the country's economic growth if reserves are validated [1]
Venture Global gets permission to introduce natural gas into final LNG block at Plaquemines plant
Reuters· 2025-10-21 18:36
Venture Global received permission to introduce natural gas into the final block of its Plaquemines LNG export facility in Louisiana on Tuesday, according to a filing from the Federal Energy Regulator... ...
Engaged Capital urges cost cutting at Cognex to boost share price
Reuters· 2025-10-21 18:33
Core Viewpoint - Activist investor Engaged Capital has acquired a significant stake in Cognex and is advocating for cost-cutting measures and the engagement of cost consultants to enhance the company's stock price [1] Company Summary - Engaged Capital is pushing Cognex, a manufacturer of machine vision systems, to implement cost reduction strategies [1] - The involvement of Engaged Capital indicates a potential shift in Cognex's operational strategy aimed at improving financial performance [1]
HBO Max hikes prices in US for second time in less than 18 months
Reuters· 2025-10-21 18:14
Warner Bros. Discovery said on Tuesday it is raising prices across all Max subscription tiers in the United States, the second increase in less than 18 months, as streaming services seek to offset hig... ...
Ananym suggests Baker Hughes spin out its oil services equipment business
Reuters· 2025-10-21 17:38
Ananym Capital would like to see energy and technolgy company Baker Hughes spin out its oil field services and equipment business, arguing such a step could help push up the stock price by at least 60... ...