Autozone Execs sold $33.9m in shares-Feb 27-May 28

New filing today reflected in Cap#1- SVP/General Counsel for $1.62m-Cap#2

AutoZone specializes in distributing automotive spare parts and accessories. The group offers compressors, batteries, carburetors, clutches, des rotors, des motors, fuel pumps, etc. Net sales break down by activity as follows:

• retail and professional distribution (97.6%): sale of spare parts primarily to garages and service stations;

• other (2.4%): sales of diagnostic and maintenance software (name Alldata), and a distribution division operating in Mexico.

At the end of August 2018, AutoZone had a network of 6,202 stores located in the United States and Puerto Rico (5,618), Mexico (564) and Brazil (20).

Number of employees : 90 000 people.

https://www.marketscreener.com/AUTOZONE-11746/company/

https://www.secform4.com/insider-trading/866787.htm

Intuit EVP/CFO sold $2.72m in shares-May 28

Intuit specializes in the development, publishing and marketing of management software for private individuals and for small and medium businesses. The group also offers consulting, training, and technical assistance services, etc. Net sales break down by family of products as follows:

• management software (50.2%): accounting management, financial, commercial, real estate, payroll preparation, and other types of software, mainly sold under the QuickBooks and Intuit brands;

• personal tax management software (42.2%): TurboTax brand;

• professional tax management software (7.6%; ProConnect): Lacerte, ProSeries, ProFile and ProConnect Tax Online brands for professional accountants.

Almost all sales are in the United States.

Number of employees : 8 900 people.

https://www.secform4.com/insider-trading/896878.htm

>>6623576

Disney CEO says it will be 'difficult' to film in Georgia if abortion law takes effect

ANAHEIM, Calif. (Reuters) - Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S. state.

Disney has filmed blockbuster movies in Georgia such as “Black Panther” and “Avengers: Endgame,” and it would be a blow to the state’s efforts to create production jobs if the entertainment giant stopped filming there.

Georgia’s Republican governor signed into law on May 7 a ban on abortion after a doctor can detect a fetal heartbeat - about six weeks into a pregnancy, before many women know they are pregnant. The law is due to take effect on Jan. 1, if it survives court challenges.

Asked if Disney would keep filming in Georgia, Iger said it would be “very difficult to do so” if the abortion law is implemented.

“I rather doubt we will,” Iger said in an interview ahead of the dedication for a new “Star Wars” section at Disneyland. “I think many people who work for us will not want to work there, and we will have to heed their wishes in that regard. Right now we are watching it very carefully.”

If the law takes effect, “I don’t see how it’s practical for us to continue to shoot there,” he added.

Georgia is one of eight states to pass anti-abortion legislation this year for the purpose of inducing the U.S. Supreme Court to overturn Roe v. Wade, the 1973 landmark case that established a woman’s right to terminate her pregnancy.

The state offers a tax credit that has lured many film and TV productions. The industry is responsible for more than 92,000 jobs in Georgia, according to the Motion Picture Association of America (MPAA), and some 455 productions were shot in Georgia in 2018, according to the state.

Some actors and producers have already said they will no longer work in Georgia because of the abortion law, but many of the large production companies have remained publicly silent on the abortion law.

On Tuesday, Netflix Inc said the streaming service would “rethink” its film and television production investment in Georgia if the law goes into effect.

In the meantime, Netflix will continue production there for now and work with groups that are fighting the law in U.S. courts.

https://www.reuters.com/article/us-usa-abortion-walt-disney-exclusive/exclusive-disney-ceo-says-it-will-be-difficult-to-film-in-georgia-if-abortion-law-takes-effect-idUSKCN1T003X?il=0

>>6623739

U.S. judge approves Ruth Madoff $594,000 settlement with court-appointed trustee

NEW YORK (Reuters) - A federal judge has approved Ruth Madoff’s $594,000 settlement with the court-appointed trustee who is liquidating her husband Bernard Madoff’s firm and raising money for the swindler’s victims.

U.S. Bankruptcy Judge Stuart Bernstein in Manhattan authorized the settlement on Tuesday.

The accord calls for Ruth Madoff, 78, who was not charged over her husband’s Ponzi scheme and has denied knowledge of it, to pay $250,000 in cash and give up $344,000 of trusts for two grandchildren.

She also agreed to surrender her remaining assets upon her death to Irving Picard, the trustee liquidating Bernard L. Madoff Investment Securities LLC.

Picard had sued Ruth Madoff for $44.8 million in 2009, but in a May 3 filing called the settlement a “fair and reasonable compromise,” citing her limited assets and the litigation risks.

The trustee also said the settlement was not evidence that Ruth Madoff admitted to participating in or knowing about her husband’s fraud, which was uncovered in December 2008.

Picard has estimated that Bernard Madoff’s customers lost $17.5 billion.

In June 2009, shortly before Bernard Madoff, 81, was sentenced to 150 years in prison, the Madoffs agreed with prosecutors to let federal marshals sell their assets, and allow Ruth Madoff to keep $2.5 million.

https://www.reuters.com/article/us-madoff-settlement-wife/us-judge-approves-ruth-madoff-594000-settlement-with-court-appointed-trustee-idUSKCN1SZ2TU