Previous close | 22.00 |
Open | 20.55 |
Bid | 21.70 x N/A |
Ask | 22.00 x N/A |
Day's range | 20.55 - 21.50 |
52-week range | 12.55 - 23.75 |
Volume | |
Avg. volume | 0 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Paramount Global (PARA) has initiated acquisition conversations with Sony (SONY) and Apollo Global Management (APO) after the exclusivity agreement with Skydance Media ended, according to a report from The New York Times. The report also details that while the exclusivity deal has ended, the special committee behind the potential acquisition is still evaluating all offers on the table. Yahoo Finance Senior Reporter Alexandra Canal joins The Morning Brief to discuss the report and its implications for all companies involved moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino Disclosure: Apollo Global Management is the parent company of Yahoo Finance.
80% of S&P 500 (^GSPC) companies have reported their first quarter earnings as of May 3, according to FactSet. A slew of companies are set to report their earnings this week, including Disney (DIS), Palantir (PLTR), Shopify (SHOP), Uber (UBER), and more. Berkshire Hathaway (BRK-A, BRK-B) held its first annual shareholder meeting without longtime Vice Chairman Charles Munger. CEO Warren Buffett spoke during the conference about various topics, including selling all shares of Paramount Global (PARA). The 27th annual Milken Institute Global Conference starts on Monday, with industry leaders discussing a wide range of topics, including higher-for-longer interest rates, the presidential election, and AI. Yahoo Finance reporters Jared Blikre, Madison Mills, and Brian Sozzi join the Morning Brief to break down the three things investors need to keep in mind for the trading day on May 6. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
** Sony Pictures Entertainment and private equity firm Apollo Global Management on Wednesday submitted a $26 billion offer for Paramount Global but have yet to receive a response as of Friday, according to a person familiar with the matter. ** L Catterton, a private equity firm backed by French luxury group LVMH , said on Friday it had succeeded in securing enough shares in luxury shoe maker Tod's to take it private in agreement with the Italian group's main shareholder, the Della Valle family.