Journalist. Husband. Father. Fly Fisherman. Skier. Canadian. I do interviews on @BloombergTV. Instagram: @eschatzker

Incoming Delta Chief Plans to Hold Off on Oil Hedging for Now

Incoming Delta Chief Plans to Hold Off on Oil Hedging for Now
bloomberg.com — Delta Air Lines Inc.'s Ed Bastian, the incoming chief executive officer, said he has seen too many bad bets on the price of fuel for the carrier to start hedging again soon. "The reason we haven't hedged for the last year and a half is there's just too much volatility, and we've been burned," Bastian said in an interview with Bloomberg TV.

Diller's Home Services Bet Could Hit $1 Billion in a Few Years

bloomberg.com — HomeAdvisor, the online home services marketplace owned by Barry Diller's IAC/InterActiveCorp, may reach $1 billion in revenue in the next three to five years, Chief Executive Officer Chris Terrill said. "It all depends on what kind of investments we make and what sort of things we do over the next 12 to 24 months," Terrill said in an interview to be aired Tuesday on Bloomberg TV.

Sell Real Estate to Fund Tunnel, Port Authority Head Degnan Says

bloomberg.com — Port Authority of New York and New Jersey Chairman John Degnan said the agency should sell its real-estate holdings to fund critical transportation infrastructure such as a new tunnel under the Hudson River and a replacement for its neglected 66-year-old bus terminal near Times Square.

Canadian Pacific CEO Says He Faces `Selling Job' to Woo CSX

Canadian Pacific CEO Says He Faces `Selling Job' to Woo CSX
bloomberg.com — Canadian Pacific Railway Ltd. Chief Executive Officer Hunter Harrison said he faces an uphill battle to convince CSX Corp. -- not just Norfolk Southern Corp. -- of the merits of a merger. "Neither one of them think they fit well with us.

Texas endowment increases stakes in private equity funds

Texas endowment increases stakes in private equity funds
fortworthbusiness.com — "We think we have more illiquidity risk we can expend," the CEO said Thursday in an interview in Austin, where Utimco is hosting a two-day conference. While private equity funds have on average delivered returns in recent years that are no better than publicly traded stocks, endowments and other institutional investors have still sought to increase exposure by seeking out the top alternative asset managers.

Texas U. increases stakes in private equity funds

Texas U. increases stakes in private equity funds
sltrib.com — While private equity funds have on average delivered returns in recent years that are no better than publicly traded stocks, endowments and other institutional investors have still sought to increase exposure by seeking out the top alternative asset managers.

Texas Endowment Increases Stakes in Private Equity Funds

bloomberg.com — The University of Texas Investment Management Co., which oversees about $35 billion of assets, is increasing stakes in private equity and venture capital funds, said Chief Executive Officer Bruce Zimmerman.

GE's Ireland Sees Potential to Double Africa Revenue in 5 Years

bloomberg.com — General Electric Co. sees the potential to double its African revenue and employees as the company expands in countries including Ethiopia and Mozambique, GE Africa President Jay Ireland said. Power will be the Fairfield, Connecticut-based company's biggest growth sector in Africa, alongside health care and transportation, Ireland said in an interview Wednesday at the Bloomberg Africa Business and Economic Summit in Cape Town.

Puerto Rico Electric Reaches Tentative Pact With Creditors

bloomberg.com — Puerto Rico's electric utility reached a tentative agreement with bond-insurance companies and some bondholders to restructure the utility's $8.2 billion of debt, according to two people with knowledge of the discussions.

CP's Harrison Targets Norfolk Holders as He Weighs Sweetened Bid

bloomberg.com — Canadian Pacific Railway Ltd. is willing to sweeten its $28 billion takeover offer for Norfolk Southern Corp. and is "going to do everything we can" to court the U.S. carrier's shareholders, Chief Executive Officer Hunter Harrison said.
More Articles →
May 02, 2016

Delta's new CEO, Ed Bastian, has ambitious plan to expand in China, Latin America...and Canada! Watch our interview: bloomberg.com/news/videos/20…

Apr 30, 2016

RT @MilkenInstitute: How do legacy companies transform? @ErikSchatzker moderates our panel of 4 legacy company CEOs at #MIGlobal https://t.bit.ly/1VhoIdqo/WOBkgugJeH

Apr 27, 2016

BlackRock's Larry Fink tells me China is inflating an asset bubble, and that makes it a buy bloom.bg/1SKO8Ni bloomberg.com/news/articles/…

Apr 20, 2016

RT @BenBartenstein: Pemex CEO races to attract partners to rescue company from 11-year slump bloom.bg/1Wdry2a @AWilliams_Mex @ArriojaJoseE@ErikSchatzkerJoseE @ErikSchatzker

Apr 20, 2016

RT @Morning_Joe: .@realDonaldTrump made 73 different hand gestures at a Buffalo rally. @bpolitics took notice and made this video. https://nbcnews.to/1rj7QHk.co/Fgop5Bt5Es

Apr 20, 2016

This man has one of the toughest jobs in Mexico. @Pemex CEO "Pepe Toño" Gonzalez tells me about his turnaround plan: bloom.bg/1WE8BGD

Apr 19, 2016

Who's hiring and firing on Wall St.? Jobs added/cut in year ending 3/31: WFC +2600 GS +2100 MS -1308 JPM -3725 BAC -6475 C -14000


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