by OverviewFX | Oct 31, 2024 | Business
Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company’s third-quarter earnings call with investors, Cavanagh said the company is exploring creating “a new, well-capitalized company owned...
by OverviewFX | Oct 31, 2024 | Business
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks CEO Brian Niccol said the coffee chain plans to buy roughly 200,000 Sharpie markers as part of his plan to take the coffee chain back to its...
by OverviewFX | Oct 31, 2024 | Business
Brian Niccol, CEO of StarbucksAnjali Sundaram | CNBCStarbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday.For three straight quarters, Starbucks has reported...
by OverviewFX | Oct 31, 2024 | Business
Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty ImagesPeloton on Thursday said it has appointed Peter Stern, a Ford executive and the cofounder of Apple Fitness+ to be its next CEO and...
by OverviewFX | Oct 31, 2024 | Business
A Peloton bike is displayed at a Dick’s Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty ImagesPeloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reigns...
by OverviewFX | Oct 31, 2024 | Business
NBCUniversal kicks off it’s new Peacock streaming service.Todd Williamson | Peacock | NBCUniversal | Getty ImagesComcast reports its third-quarter earnings before the bell Thursday. Wall Street will once again be focused on subscriber numbers and growth for both...