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PARA News and Press, Paramount Global From 07/05/24

Stock Information

Company Name: Paramount Global
Stock Symbol: PARA
Market: NASDAQ
Website: paramount.com

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PARA - Mario Gabelli 'may not sell stock' in the proposed Paramount-Skydance merger - report

2024-07-05 15:53:47 ET Billionaire investor Mario Gabelli may not sell his stock in Paramount ( NASDAQ: PARA ) even if it merges with popular Hollywood movie studio Skydance, the New York Post reported in an interview with him on Friday.... Read the full article on Seeking Alp...

PARA - U.S. streamers press Canada appeals court to stop proposed local-news tax

2024-07-05 13:37:39 ET More on streaming stocks Warner Bros. Discovery: Approaching My Buy Price Target (Rating Upgrade) Paramount: Deal Merry-Go-Round Everything You Need To Know About The Potential Paramount-Skydance Merger Paramount deal with Skydance expe...

PARA - Warner Bros. Discovery: Approaching My Buy Price Target (Rating Upgrade)

2024-07-05 12:10:01 ET Summary Warner Bros. Discovery shares have dropped from $10 in February to $7 currently, making it slightly more attractive as a takeover candidate and investment with long-term compounding potential. A bundling deal with global entertainment streamer #2 Dis...

PARA - AI boom pushes four S&P 500 communication stocks to an all-time high in 2024

2024-07-04 11:41:00 ET More on Communication Services Select Sector SPDR Fund XLC: The Best Performing Sector In 2024, But A Confusing Mix XLC: An Eclectic Growth ETF GOOG, NFLX, FOX among top S&P500 communication movers in Q2 U.S. sector and stock leader...

PARA - Ariel Fund And Ariel Appreciation Fund Q1 2024 Letter

2024-07-04 05:50:00 ET Summary Ariel Investments, LLC is a global value-based asset management firm founded four decades ago in 1983. Ariel serves individual and institutional investors through five no-load mutual funds and eleven separate account strategies. During the quarter, A...

PARA - Ariel Investments Ariel Fund Q1 2024 Commentary

2024-07-04 05:45:00 ET Summary Ariel Investments, LLC is a global value-based asset management firm founded four decades ago in 1983. Ariel serves individual and institutional investors through five no-load mutual funds and eleven separate account strategies. Ariel Fund advanced +...

PARA - Paramount: Deal Merry-Go-Round

2024-07-03 16:41:46 ET Summary Paramount Global is involved in multiple deal rumors, including the primary Skydance Media deal, but controlling shareholder Shari Redstone may not prioritize common shareholders' interests. The Skydance Media deal could potentially be finalized this...

PARA - Wall Street Lunch: Tech Stocks Lead Rally Into Holiday

2024-07-03 15:31:00 ET Summary Nasdaq and S&P 500 hit new highs with help from Nvidia and Tesla. FOMC minutes show members looking for more data before policy change. Jeff Bezos sells $4.93 billion worth of Amazon shares, taking in $7 billion year to date. Listen...

PARA - Everything You Need To Know About The Potential Paramount-Skydance Merger

2024-07-03 14:57:16 ET Summary Shari Redstone has resumed talks with David Ellison's Skydance on a potential buyout of her stake in National Amusement and a merger with Paramount. The deal is expected to close as soon as this weekend and sets a base case for an imminent sale ...

PARA - Weak Economic Data Weighs on Markets

Stocks traded near flat in Wednesday's shortened trading session following muted labour data. The Dow Jones Industrials acquired but 25.53 points to open Wednesday at 39,357.38. The S&P 500 index edged up 8.71 points to 5,517.76. The NASDAQ gained 32.64 points to 18,061.40. Pa...

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