Previous close | 32.91 |
Open | 32.91 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 80.00 |
Expiry date | 2024-07-19 |
Day's range | 32.91 - 32.91 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Paramount Global CEO Bob Backish (PARA, PARAA) could be departing the company as soon as Monday, according to a report from The Wall Street Journal. Paramount has been engaged in exclusive merger talks with Skydance Media, but the exclusivity period is set to end on May 3. There are also reports that Apollo Global Management (APO), the parent company of Yahoo, and Sony (SONY) could team up to engage Paramount in deal discussions. The media giant is also set to release its first quarter results after the market close on Monday. Yahoo Finance's Alexandra Canal reports the latest news on the media giant. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Intel has been grappling with weak demand for its chips used in the traditional data center and PC industry while it lags behind in the AI semiconductor market with its lost technological edge. Intel and KKR declined to comment on the report, when contacted by Reuters.
Shares of U.S. Silica were rising sharply after the industrial minerals company said it was being acquired by investment firm Apollo Global Management for about $1.85 billion. Under the agreement, Apollo will pay $15.50 a share in cash for U.S. Silica representing an 18.7% premium to the stock’s closing price of $13.06 on Thursday. U.S. Silica stock edged above the takeover price, rising 20% to $15.70.