Paramount Global

Penguin Random House CEO steps down weeks after judge blocked Simon & Schuster merger
Business

Penguin Random House CEO steps down weeks after judge blocked Simon & Schuster merger

Markus Dohle, Chief Executive Officer of Penguin Random House, pictured during Bertelsmann Annual Press Conference on March 22, 2016 in Berlin, Germany. Thomas Koehler | Photothek | Getty Images Penguin Random House said Friday that CEO Markus Dohle will step down at the end of the year, weeks after the collapse of a deal to […]

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Cramer’s lightning round: AGNC Investment is not a buy
Business

Cramer’s lightning round: AGNC Investment is not a buy

Paramount Global: “Too cheap to believe. … I don’t know where it bottoms, but it sure isn’t close to the top.” Hasbro Inc: “I don’t like the earnings, and I think that Mattel‘s actually cheaper.” Citigroup Inc: “The book value is so different from where the common stock is, the price. Something is very wrong […]

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Stocks earning the largest moves midday: Textron, Constitution, Estee Lauder, Signet and additional
Finance

Stocks earning the largest moves midday: Textron, Constitution, Estee Lauder, Signet and additional

Beechcraft King Air turboprop plane are found on the assembly line at the Textron Aviation Inc. generation facility in Wichita, Kansas, on Thursday, June 7, 2018. Luke Sharett | Bloomberg | Getty Photos Look at out the businesses making headlines in midday investing. Textron – Shares of Textron jumped 6% just after the business gained […]

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Paramount shares fall as CEO lowers fourth-quarter ad revenue forecast
Business

Paramount shares fall as CEO lowers fourth-quarter ad revenue forecast

In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Shares of Paramount Global fell Tuesday after CEO Robert Bakish warned that fourth-quarter advertising revenue would be lower than the company’s sluggish third-quarter figures. “The current market is challenging and we’re […]

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David Zaslav’s top priority at Warner Bros. Discovery: Get the cash flowing again
Technology

David Zaslav’s top priority at Warner Bros. Discovery: Get the cash flowing again

David Zaslav Olivia Michael | CNBC A few months ago, after a lengthy and sobering review of Warner Bros. Discovery‘s business, Chief Executive David Zaslav gave his division heads a cutthroat mission. Pretend your units are family businesses, Zaslav said. Start from scratch and prioritize free cash flow, he added, according to people familiar with […]

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CNBC Pro Talks: Evercore’s Mark Mahaney finds bargains in major tech and solutions your issues
World

CNBC Pro Talks: Evercore’s Mark Mahaney finds bargains in major tech and solutions your issues

ShareShare Short article through FbShare Post through TwitterShare Post via LinkedInShare Article by using E-mail Evercore ISI analyst Mark Mahaney sat down with CNBC Pro to share the tech names he is looking at heading into 2022. He also breaks down what shares he sights in the journey place that could do effectively, even in […]

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Activision acquisition would be good for Microsoft and the overall stock market
Business

Activision acquisition would be good for Microsoft and the overall stock market

Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it’s highly likely that the deal will be completed in the near future. We tend to agree. […]

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Paramount scraps deal to sell Simon & Schuster to Penguin after weeks after judge rejected merger
Business

Paramount scraps deal to sell Simon & Schuster to Penguin after weeks after judge rejected merger

The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage on Nov. 2, 2021 in Corte Madera, California. The U.S. Department of Justice is suing Penguin Random House and Simon & Schuster to block the companies from completing a merger valued at $2.175 billion. Justin Sullivan | Getty […]

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Paramount Global shares jump after Warren Buffett’s Berkshire Hathaway increases stake
Business

Paramount Global shares jump after Warren Buffett’s Berkshire Hathaway increases stake

In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global‘s stock got a boost Tuesday after Warren Buffett’s Berkshire Hathaway upped its stake, a fresh signal that the media and entertainment company could be an acquisition target. Berkshire disclosed […]

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Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Business

Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more

Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street’s expectations and raising its forward guidance. The company reported adjusted earnings per share of $1.50 on $152.81 billion in revenue, where […]

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