Verizon Communications on Friday said that it's ending its diversity, equity and inclusion (DEI) programs amid a probe by the Trump administration into those practices, as the telecom giant seeks federal approval for an acquisition. Federal Communications Commission (FCC) Chair Brendan Carr criticized Verizon in February for its promotion of DEI programs, saying it could factor into the review of Verizon's planned acquisition of Frontier Communications for $20 billion, including debt. Verizon said in a lett ...

Core Viewpoint - Verizon Communications is terminating its diversity, equity, and inclusion (DEI) programs following scrutiny from the Trump administration and as it seeks approval for its $9.6 billion acquisition of Frontier Communications [1][7]. Group 1: Changes in DEI Programs - The company is removing its "Diversity and Inclusion" website and eliminating references to DEI from employee training [2][4]. - Verizon will no longer maintain any workforce diversity goals and will discontinue a component of its management compensation plan that aimed to increase the representation of women and minorities in its US workforce [4][5]. - The changes are effective immediately, as stated by Verizon's chief legal officer, who acknowledged that some DEI policies could be linked to discrimination [5]. Group 2: Regulatory Context - FCC Chair Brendan Carr expressed approval of Verizon's decision to end its DEI policies, framing it as a step that promotes equal opportunity and nondiscrimination [6]. - Carr had previously opened a probe into Verizon's promotion of DEI programs, indicating a broader regulatory scrutiny of such initiatives in the telecom sector [1][8].

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) Maryland 20-3073047 (State or other jurisdic ...

Douglas Emmett (DEI) Q1 2025 Earnings Call May 07, 2025 02:00 PM ET Company Participants Stuart McElhinney - Vice President, Investor RelationsJordan Kaplan - President and CEOKevin Crummy - CIOPeter Seymour - CFONicholas Yulico - Managing DirectorRichard Anderson - Managing Director - Equity ResearchPeter Abramowitz - SVP - Equity ResearchJana Galan - DirectorJohn Kim - Managing Director - US Real EstateAnthony Paolone - Executive Director Conference Call Participants Steve Sakwa - Senior Managing Director ...

Douglas Emmett (DEI) Q1 2025 Earnings Call May 07, 2025 02:00 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call. Today's call is being recorded. At this time, all the participants are in a listen only mode. After management's prepared remarks, you will receive instructions for participating in the question and answer session. I will now turn the conference over to Stuart McKelney, Vice President of Investor Relations for Douglas Amich. Please ...

Douglas Emmett (DEI) Overview Sharpshooter Focus & Best-in-Class Operating Platform Focused Strategy Fully-Integrated Operating Platform ✓ Includes in-house leasing, space planning, legal, construction and design ✓ Major competitive advantage with our small affluent tenants ✓ Lowers operating, G&A, leasing and tenant improvement costs Strong Internal and External Growth The Landmark Los Angeles www.douglasemmett.com 1 ✓ High barriers to entry reduce competitive pressures from new supply ✓ Proximity to premi ...

For the quarter ended March 2025, Douglas Emmett (DEI) reported revenue of $251.54 million, up 2.7% over the same period last year. EPS came in at $0.40, compared to $0.05 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $244.85 million, representing a surprise of +2.73%. The company delivered an EPS surprise of +2.56%, with the consensus EPS estimate being $0.39.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

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 ...

Goldman Sachs has scrubbed mentions of “Black” and other references to race from its official website touting a diversity initiative amid an industrywide rollback of so-called DEI programs and increasing scrutiny from the Trump administration, according to a report.In 2021, the Wall Street giant launched the “One Million Black Women” program in which it pledged $10 billion in investments and $100 million in philanthropy specifically aimed at supporting black women.Goldman in recent weeks has revised promoti ...