Paramount Global

Stocks making the biggest moves premarket: Eli Lilly, Cigna, Restaurant Brands and more
Finance

Stocks making the biggest moves premarket: Eli Lilly, Cigna, Restaurant Brands and more

Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drug maker’s stock fell 3.6% in the premarket after it missed estimates with its quarterly results and cut its full-year forecast. Lilly’s performance during the quarter was impacted by lower prices for insulin and falling sales of its […]

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WWE at crossroads as Vince McMahon’s retirement and scandals heighten sale speculation
Technology

WWE at crossroads as Vince McMahon’s retirement and scandals heighten sale speculation

World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images World Wrestling Entertainment’s annual report for 2021 lists a risk factor specifically about the […]

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Stocks making the biggest moves midday: Walmart, Shopify, 3M, General Electric and more
Finance

Stocks making the biggest moves midday: Walmart, Shopify, 3M, General Electric and more

Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. Walmart – Shares of Walmart slid more than 7% after the company cut its quarterly and full-year outlook, saying that inflation is shifting consumer spending […]

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Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more
Business

Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more

Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as growth in travel and entertainment spending helped American […]

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MoffetNathanson downgrades Paramount, citing lower ad spend ahead of potential recession
Business

MoffetNathanson downgrades Paramount, citing lower ad spend ahead of potential recession

MoffetNathanson on Friday downgraded shares of Paramount Global to underperform and slashed its price target to $18 per share from $30, citing growing risk of lower advertising spend going forward. “Despite the continued momentum at Paramount+, we downgrade PARA as the growing risk of lower advertising puts additional pressure on the company’s ability to grow […]

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Stocks making the biggest moves in the premarket: Goldman Sachs, Synchrony Financial, Coinbase and more
Finance

Stocks making the biggest moves in the premarket: Goldman Sachs, Synchrony Financial, Coinbase and more

Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman gained 2.6% in premarket trading, following upbeat profit and revenue. Second-quarter earnings came in at $7.73 per share, compared to a consensus estimate of $6.58 a share. Goldman’s profit dropped from a year ago, however, as the pace […]

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Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels
Business

Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels

It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’re opting for pricier tickets and spending more on concessions. Over the weekend, Disney’s newest Marvel Cinematic Universe film, “Thor: Love and Thunder,” opened to […]

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‘Thor: Love and Thunder’ pulls in 3 million in domestic opening
Business

‘Thor: Love and Thunder’ pulls in $143 million in domestic opening

Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domestic weekend, box office analysts feel confident that movie theaters are no longer on the road to recovery and have reached a pace of normalcy seen in pre-pandemic times. […]

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How many F-bombs trigger an R rating? An obscure movie industry panel decides
Business

How many F-bombs trigger an R rating? An obscure movie industry panel decides

A poster of Motion Picture Association film ratings hangs next to a poster displaying a message about new cleaning procedures in the lobby of Cinemark’s Century 16 at the South Point Hotel & Casino on in Las Vegas, Nevada. Ethan Miller | Getty Images How many F-bombs can a movie have before it’s rated R? […]

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‘Minions: The Rise of Gru’ tops 8 million as parents flock back to cinemas, kids in tow
Business

‘Minions: The Rise of Gru’ tops $108 million as parents flock back to cinemas, kids in tow

“Minions: The Rise of Gru” is the sequel to the 2015 film, “Minions,” and spin-off/prequel to the main “Despicable Me” film series. Universal Families have gone bananas for “Minions: The Rise of Gru.” Over the weekend, the Universal and Illumination animated feature tallied more than $108 million in ticket sales. The fifth film in the […]

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