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(NY: RSPC )

33.26 +0.13 (+0.40%)
Official Closing Price Updated: 8:00 PM EDT, Nov 1, 2024 Add to My Watchlist
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What's Going On With Walt Disney Stock Today?
Walt Disney Company stock is slightly up as it expands its paid sharing program for Disney+. 
Via Benzinga
What's Going On With Paramount Global Stock After Revealing Massive Layoff Plans?
Paramount Global shares are flat amid new layoff announcements, with the company expecting a $300 million to $400 million restructuring charge. 
Via Benzinga
Topics Workforce
Exposures Layoff
Verizon To Acquire Frontier In $20B Deal, Reaffirms FY24 Outlook
Frontier Communications (FYBR) shares are down after Verizon (VZ) announced an acquisition deal valued at $20 billion. The deal is expected to close in 18 months and boost Verizon's revenue and EBITDA... 
Via Benzinga
Why Is Paramount Global Stock Surging In Monday's Premarket Session?
Paramount Global to merge with Skydance Media, forming New Paramount with an enterprise value of $28 billion. Skydance investors to own 70% of pro forma shares. David Ellison will lead as Chairman and... 
Via Benzinga
Why Is Paramount Global Stock Trading Higher On Monday?
Paramount Global is considering Skydance Media's offer to purchase National Amusements and merge with Paramount Global, providing nonvoting shareholders a cash out option at a premium. 
Via Benzinga
Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
Frontier Communications Parent, Inc reported a 1.5% revenue growth and EPS beat in Q1 2024. Fiber products drove revenue while copper-based products declined. 
Via Benzinga
Charter Communications Loses Residential Internet Customers In Q1, Reports Sharp Drop In Video Subscriptions
Charter Communications reported slow revenue and EPS growth, with stock price dropping. It lost customers and had higher expenses, but maintained outlook. 
Via Benzinga
Paramount-Skydance Merger Talks Heat Up
Paramount Global (PARA) & Skydance Media are moving towards a $5B merger, led by David Ellison's Skydance & private equity firms. Ellison to be CEO, ex-CEO to leave. Alternative options explored.... 
Via Benzinga
AT&T's Q1 Operating Cash Flow and Free Cash Flow Got A Boost - Does It Make A Case For Higher Dividends?
AT&T reported Q1 operating revenues of $30.03B, down 0.4%, missing consensus of $30.54B. Adjusted EPS of $0.55 beat consensus of $0.54. Mobility segment saw 741K wireless net adds. AT&T reiterated FY24... 
Via Benzinga
Why Paramount Global Shares Are Gaining Today
Paramount Global shares surge as Sony and Apollo discuss a joint bid, potentially privatizing the company amid ongoing negotiations with Skydance Media. 
Via Benzinga
Comcast's Market Valuation Does Not Reflect Fair Value For It's Significant Growth Portfolio: Analyst
Analyst reiterates Buy rating and $55 price target for Comcast Corp, with $1.2B in commitments for Olympics ads and strong brand partnerships, indicating undervaluation. 
Via Benzinga
What's Going On With Paramount Global Stock Following Reported Talks Of Skydance Merger?
Paramount Global stock faces volatility as it enters exclusive talks with Skydance post-Apollo bid rejection, amid reports of a potential merger. 
Via Benzinga
Disney Vs. Ron DeSantis - House of Mouse and Florida Gov. Resolve Legal Dispute, Unveiling Future Plans for Theme Park
Disney settles legal dispute with Florida government over governance of Walt Disney World's special district, marking end to contentious 2-year standoff sparked by opposition to Don't Say Gay law. New... 
Via Benzinga
Paramount in the Spotlight, Apollo Global Management Bids Big For Film and TV Studio
Paramount Global's studio receives $11 billion bid from Apollo, part of a strategic review. Skydance Media also offers a merger deal. Shari Redstone considers options for the media conglomerate. 
Via Benzinga
Warner Bros. Discovery Poised for Turnaround With Strong IP and Streaming Strategy, Analyst Says
Analyst reiterates Buy rating on Warner Bros. Discovery (WBD) with $20 price target. Positive outlook on Dune series and strong studio initiatives. 
Via Benzinga
"Barbie" Hits $1B At Box Office: Media ETFs On A Roll
The blockbuster movie has provided a huge boost not only to Warner Bros. but to the entire media and entertainment industry. 
Via Talk Markets
Telecom Stocks Under Pressure As Toxic Lead Cable Concerns Discourage Buyers: 5 ETFs To Watch
Via Benzinga
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