Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.40 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to FFO of $0.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 2.56%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.37 per share when it actually produced FFO of $0.38, delivering a surprise of 2.70%. While Douglas Emmett ha ...

Executive Summary Our portfolio is located in the premier coastal submarkets of Los Angeles and Honolulu. Our In-Service Portfolio includes 17.5 million square feet of Class A office properties and 4,391 apartment units, and we have an additional 704,000 square feet of Class A office and 821 apartment units in our Development Portfolio. Financial Results: Our results this quarter reflect the acquisition of 10900 Wilshire and the consolidation as of January 1, 2025 of a previously unconsolidated joint ventur ...

Core Viewpoint - Goldman Sachs has revised its diversity initiatives, particularly the "One Million Black Women" program, by removing explicit references to race and reframing the language to focus on broader economic terms, reflecting a shift in corporate strategy amid increasing scrutiny and legal concerns related to diversity, equity, and inclusion (DEI) programs [1][2][11]. Group 1: Program Changes - The "One Million Black Women" initiative, originally launched with a commitment of $10 billion in investments and $100 million in philanthropy, has seen its language altered to eliminate specific references to race, now emphasizing terms like "growth and opportunity" [1][5]. - The "Black in Business" program, initially aimed at supporting black businesswomen, has also had racial references removed, now focusing on helping entrepreneurs maintain profitability [4][9]. - Goldman Sachs has shifted the management of investments related to the program to its Urban Investment Group, aligning with federal mandates to support low-income areas [13]. Group 2: Financial Commitments - Updated figures indicate an increase in financial commitments, with investment capital rising from nearly $3 billion to $3.6 billion and philanthropic support increasing from $39.4 million to $41 million [5]. Group 3: Industry Context - The revisions at Goldman Sachs are part of a broader trend among Wall Street firms, including BlackRock and Bank of America, which have also scaled back or modified their DEI initiatives in response to legal pressures and changing political climates [10][18]. - The Supreme Court's 2023 ruling against race-based affirmative action in college admissions has prompted corporations to reconsider their diversity programs to avoid potential legal challenges [11][12].

On Friday, the Legal Defense Fund (LDF) announced its decision to exit Meta’s external civil rights advisory group due to its concerns over Meta’s content moderation and diversity, equity, inclusion and accessibility (DEIA) policy changes.In January, Meta made a series of sweeping changes, including ending its diversity, equity and inclusion (DEI) programs, getting rid of its factcheckers and changing its content moderation policies. These changes, which some saw as aligning Meta with the then incoming Trum ...

DIsney is reportedly in the crosshairs of the Federal Communications Commission over its controversial diversity, equity and inclusion policies as the federal agency continues a clampdown on the “woke” initiatives.FCC chair Brendan Carr said he’s putting the “finishing touches” on a letter to the Mouse House, which has been criticized for its DEI efforts, according to an interview he gave to Punchbowl News.Carr declined to reveal which specific policies he would probe but said that the letter would include ...

A shareholder proposal seeking for Disney to reconsider participating in the Human Rights Campaign’s (HRC) corporate equality index went up for a vote on Thursday at the entertainment giant’s annual meeting – and stockholders widely voted against it.  Disney has long been a participant in the corporate equality index that the HRC describes as a "national benchmarking tool on corporate polices, practices, and benefits pertinent to lesbian, gay, bisexual, transgender, and queer employees," most recently earni ...

Disney shareholders rejected an investor proposal to withdraw participation in the Human Rights Campaign’s corporate equality index, which rates workplaces on lesbian, gay, bisexual, transgender and queer equality.Disney, helmed by CEO Bob Iger, is among the highest-profile employers to revise some of its diversity and inclusion practices as the Trump administration cracks down on diversity, equity and inclusion, or DEI, practices across the federal government and in the private sector.Walt Disney was among ...

Core Points - Disney shareholders overwhelmingly rejected a proposal to cease participation in a national diversity, equity, and inclusion (DEI) report, with only 1% voting in favor of the proposal [1] - The proposal was initiated by the National Center for Public Policy Research, a conservative think tank, which requested Disney to stop using the Human Rights Campaign's Corporate Equality Index as a benchmark for LGBTQ+ employee support [2][4] - Disney's board recommended against the proposal, stating it would not provide additional value to shareholders, and highlighted the company's perfect score on the Corporate Equality Index since 2007 [4] Company Actions and Reactions - Disney publicly opposed Florida's "Don't Say Gay" bill in 2022, which led to significant backlash from Florida Governor Ron DeSantis, resulting in the loss of Disney's self-governing status in the Reedy Creek Improvement District [5][6] - The pressure on companies to roll back DEI initiatives has increased since the Trump administration, which sought to end diversity programs in the federal government [7] - Similar proposals to roll back DEI efforts have been rejected by shareholders at other major companies, including Costco and Apple [8][9]

Group 1 - The article discusses the author's long-term investment approach, focusing on REITs, preferred stocks, and high-yield bonds, which began in high school in 2011 [1] - The author has recently combined long stock positions with covered calls and cash secured puts, indicating a strategy that balances risk and return [1] - The primary focus of the author's coverage on Seeking Alpha includes REITs and financials, with occasional insights on ETFs and macro-driven stock ideas [1]

Group 1 - FCC Chair Brendan Carr has opened a probe into Verizon's diversity practices and its $9.6 billion acquisition of Frontier Communications [1][7] - Carr has previously criticized Verizon for its promotion of diversity, equity, and inclusion (DEI) programs, indicating potential regulatory scrutiny [2][3] - Verizon has acknowledged the chairman's concerns and expressed willingness to engage with FCC staff regarding the issue [3][7] Group 2 - The FCC is also investigating other media companies, including Comcast's DEI policies and potential violations of news distortion rules related to CBS News [4][5] - Paramount is seeking FCC approval for an $8.4 billion merger with Skydance Media, indicating ongoing merger activity in the telecommunications and media sectors [5] - The FCC's role includes issuing licenses to individual broadcast stations, which may impact how companies navigate regulatory approvals [6]