By Jason Powell, ProWrestling.net Editor
Paramount's sale process is quickly devolving into "mayhem." On the one side, a shareholder revolt is building against the current merger plan. On the other, the CEO is about to get the boot.
Paramount Global's sale talks with David Ellison's Skydance Media face a milestone later this week, but the battered Redstone family-controlled media company has been scrambling to meet another deadline — one that also carries huge implications. On Tuesday, Paramount and Charter Communications agreed to a deadline extension as the two sides worked to hammer out a new distribution agreement for Paramount's channels, which would replace a three-year pact that was due to expire this week, according...
Angelo Zino, CFRA Research senior equity analyst, reacts to Meta Platforms'
RedBird IMI struck a deal with the Barclay family - long-time Telegraph proprietors - last year to take over the news group, which also includes The Spectator magazine.
Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.
Chipotle Mexican Grill topped Wall Street's expectations for its quarterly
The labor dispute began late last year after the collective bargaining agreement ended Dec. 3, 2023.
The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE, the U.S. could build an alliance that would give it an advantage over China in the race to develop new AI projects, sources told the Financial Times (FT) in a […]
The Pegula family is putting a minority interest in the Bills up for sale.
With demand falling across the board, Starbucks reported a fall in same-store sales for the first time in nearly three years, sending its shares down 8% in extended trading. "In a highly challenged environment, this quarter's results do not reflect the power of our brand," CEO Laxman Narasimhan said. Demand in the United States decelerated for a second straight quarter as boycott movements impacted traffic at its stores, while a choppy macro environment weighed on demand for its pricier...
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.