Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Disney (DIS) tops our list. The entertainment giant is debating letting Pixar co-founder John Lasseter return, according to the Wall Street Journal. The animator took a six month leave amid accusations of unwelcome hugging and inappropriate contact. Now execs are thinking about putting Lasseter in a role that would decrease his managerial power but maintain his creative influence.
Fox News and its parent company
21st Century Fox (FOX) are finally settling some gender and racial discrimination lawsuits. Eighteen former employees will split around 10 million dollars under the deal, and they won’t have to sign nondisclosure agreements. Other terms weren’t released.
Authorities in Venezuela have seized a
Kellogg (K) cereal factory. That’s after the cereal maker said it’s pulling out of the country due to worsening economic conditions. President Maduro called Kellogg’s decision to shut down the plant “unconstitutional and illegal” and says the factory will continue production.
And some big investors started out the year more skeptical about
Apple (AAPL). Bloomberg reports institutional investors reduced holdings in the iPhone maker by about 153 million shares in the first three months of the year. That’s despite Apple’s stock being up 10% year to date.
Source : https://finance.yahoo.com/news/disney-considers-john-lasseter-return-fox-pays-10m-settlement-venezuela-seizes-control-kellogg-plant-143736933.html