Vivendi SE
French broadcaster Canal+ shares fall 13% in London listing after spinoff from Vivendi
In this photo illustration, the French premium television channel, studio and distributor, Canal+ (plus) logo is seen displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Shares in French broadcaster Canal+ fell over 13% after their London stock market debut on Monday. Media holding company Vivendi’s shareholders last week agreed to spin off […]
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Europe stocks open lower; French stocks slide after Moody’s credit downgrade; Broadcaster Canal+ lists in London
European markets opened lower Monday, as traders gear up for a final week of central bank action. The regional Stoxx 600 index opened 0.09% lower, with travel stocks leading losses. France’s CAC 40 index dropped 0.36% as investors assessed credit rating agency Moody’s surprise Saturday decision to downgrade the country’s score to Aa3, from Aa2 […]
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Volkswagen and additional: Barclays names European ɼonviction' inventory tips — and presents 1 59% upside
Barclays has manufactured an upbeat forecast for shares in 2024, anticipating larger, but much more moderate, returns than the outstanding gains of final calendar year. The investment decision bank thinks stocks still have room to rise if inflation carries on slowing, letting central financial institutions to at some point reduce fascination rates. “Significantly dislocation remains […]
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UBS reveals world-wide stocks that will gain — or shed — when China reopens
Chinese stocks rose this week after the nation’s well being authorities claimed an uptick in Covid-19 vaccination premiums , which are regarded as important to reopening the region. A change in China’s strict zero-Covid policy would reverberate across the world, especially affecting significant world-wide organizations with major inbound links to the world’s next-biggest financial system. […]
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Lionsgate leaning toward spinning off its studio business instead of Starz
Michael Burns Michael Newberg | CNBC Lionsgate is leaning toward spinning off its studio division rather than its Starz cable and streaming unit, according to people familiar with the matter. This would be a change in strategy for the media and entertainment company, which said in May it expected to finalize a spin or sale […]
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Starz could turn into an ‘acquisition machine’ after Lionsgate spins it off
Liberty Media’s John Malone Michael Kovac | Getty Images Written in the Starz? Lionsgate is planning a spinoff of Starz, home of “Outlander” and “Power,” by early next year. Vivendi’s Canal Plus and private equity firm Apollo Global, in tandem with streaming distributor Roku, have both made preliminary bids for a 20% stake, sources say. A deal […]
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