Julie Morgan
👤 SpeakerAppearances Over Time
Podcast Appearances
Danaher is down 4% pre-market.
Activist investor Elliott Investment Management has bought over a 10% stake in Norwegian Cruise Line Holdings, positioning it as one of the company's largest shareholders.
The Wall Street Journal reported citing sources familiar with the matter,
that Elliott intends to advocate for major operational and strategic changes to address underperformance.
The cruise company has fallen behind competitors, with its shares down nearly 4% year-to-date, compared to gains of 4.5% for Carnival and 15% for Royal Caribbean.
Norwegian shares sank on week Q3 results and forecasts amid worrying cruise industry trends.
It's important to note that the company recently appointed a new CEO, the former CEO of Subway and Burger King, as president and CEO effective February 12th of this year, replacing Harry Sommer.
Costco is reportedly facing a new lawsuit over its rotisserie chicken.
The proposed class action lawsuit filed on Thursday cited a December study from an animal rights nonprofit alleging that the company's Nebraska chicken processing plant,
has ongoing salmonella contamination issues.
The complaint said that Costco's failure to control salmonella in its chicken supply is not a harmless technicality.
It poses a real danger to consumers and violates their trust.
The plaintiff, Lisa Taylor of Afton, Missouri, said she routinely bought one or two rotisserie chickens a month at Costco warehouses in the St.
Louis area and believes she overpaid because Costco did not disclose the contamination risk.
Costco said at its annual meeting last month that its rotisserie chicken sales top 157 million worldwide in 2025.
The rotisserie chicken is one penny shy of five bucks.
Now for a look at a few other articles that are trending.
Apple is adding integrated video podcasts taking on Spotify and YouTube.
Michael Saylor's strategy says it can weather a Bitcoin drop to $8,000 while covering debt.
The Wall Street Journal is reporting that Goldman Sachs will drop its DEI criteria for its board.