Paramount Global
Warner Bros Discovery stories underwhelming earnings, suggests new streaming provider coming earlier
Warner Bros. Discovery noted its 3rd-quarter earnings on Thursday, lacking analyst expectations, as it felt the results of a tricky advertising and marketing setting and fees involved with its publish-merger restructuring. CEO David Zaslav also introduced that the merged variation of the firm’s HBO Max and Discovery+ streaming services will be coming in the spring, […]
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LAPD captain warned CBS about Les Moonves sexual assault claim, NY attorney general says
Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make additional payments to settle an investigation by the New York State Attorney General’s office, which disclosed further allegations involving the Los Angeles Police Department’s role […]
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Stocks making the biggest moves midday: Tupperware, Airbnb, Paramount, Estee Lauder and more
In this article CVS EA AMD BA Follow your favorite stocksCREATE FREE ACCOUNT An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier […]
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Paramount Global shares slide as results miss and TV revenue falls
Paramount Global on Wednesday reported third-quarter revenue that was up 5% from a year ago, but the results missed expectations as it suffered from cord cutting and a drop in advertising revenue. Its shares were down about 10% on Wednesday. Here’s what the company reported compared with analysts’ expectations, according to Refinitiv: Adjusted EPS: 39 […]
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Stocks making the biggest moves premarket: CVS, Estee lauder, Canada Goose and others
In this article PARA GOOS-CA EL CVS Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO1:3401:34 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also raised its […]
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Fox earnings lifted by advertising revenue from free streaming service Tubi
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for its first fiscal quarter, noting that […]
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Stocks making the biggest moves midday: Wynn Resorts, TuSimple, Newell Brands, First Solar and more
This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau. Eduardo Leal | AFP | Getty Images Check out the companies making headlines in midday trading. Wynn Resorts — Shares of the casino operator jumped 10% after a filing […]
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Wells Fargo downgrades Paramount to underweight, sees shares declining more than 30% from here
It’s time to sell Paramount as it struggles with both its cable and streaming businesses, according to Wells Fargo. Analyst Steven Cahall downgraded shares of Paramount to underweight from equal weight, saying that his view on cable and streaming TV has worsened in the past few weeks. Cahall previously downgraded Paramount to equal weight earlier […]
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Shares producing the most important moves in the premarket: Wynn Resorts, Petrobras, Hanesbrands and additional
look at now Movie1:0601:06 Markets established to open up reduced on last buying and selling working day in Oct Early morning Report Get a look at some of the most significant movers in the premarket: Wynn Resorts (WYNN) – Investor Tilman Fertitta has taken a 6.1% stake in the vacation resort operator, in accordance to […]
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The Fed could lay the groundwork for a calendar year-close rally in the 7 days ahead
Shares are established to exit October with a tail wind but will right away face a Federal Reserve meeting in the 1st days of November that could assistance determine the training course of investing for the rest of the year. The Fed is widely anticipated to increase its target fed cash charge by 3-quarters of […]
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