Paramount-Skydance ‘go shop’ period extended to review Bronfman offer
Edgar Bronfman, Jr. Cameron Costa | CNBC The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with Skydance as it reviews a competing offer from Edgar Bronfman Jr. Bronfman initially offered $4.3 billion late Monday […]
‘I’ve been in school since 1992’: I’m a veteran, 53, with six degrees. I plan to discharge my $245K student debt due to my disability. Is this immoral?
“I’ll likely end up with over a $1 million student-loan balance, but I don’t want to give up that additional source of income.”
Macy’s (M) Q2 2024 earnings
Macy’s cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers and more promotions. The retailer posted a mixed quarter, as it topped Wall Street’s earnings expectations but missed on revenue. Macy’s said it now anticipates net sales of between $22.1 billion and $22.4 billion, which is […]
Sesame to offer compounded Wegovy through weight loss program
Health-care marketplace Sesame on Wednesday announced a new clinical weight loss program that will help eligible consumers access compounded versions of Novo Nordisk‘s blockbuster obesity drug Wegovy for $249 per month. Sesame allows patients to book and pay for appointments with doctors and specialists directly through its website, so it cuts out middlemen such as […]
Amex’s stock has been a Dow standout this year. Why BofA now urges caution.
A BofA analyst downgraded Amex shares, saying spending trends are “less than robust.”
As strength training grows, Peloton and Planet Fitness shift focus
Shauntil Cox lifts weights with the help of her trainer, Deano Troost, at a Planet Fitness in New Caney, Texas, on Sept. 19, 2023. Jason Fochtman | Houston Chronicle | Hearst Newspapers | Getty Images A growing share of gym users is looking to build muscle, leading major fitness companies to refocus their efforts beyond […]
It’s not just stocks — there’s another market reaching into thin air, this banking giant says
The euro has been on a roll even as European data has been underwhelming.
Beyoncé launches whiskey line with LVMH’s Moët Hennessy
Moët Hennessy SirDavis American Whisky. Courtesy: Moët Hennessy Beyoncé is holding her whiskey up high. The megastar is entering the luxury liquor business with the launch of a new whiskey line in collaboration with LVMH’s Moët Hennessy, the brand announced in a press release Tuesday. Beyoncé shared the news holding up a glass of the […]
Target (TGT) Q2 2024 earnings
A Target store stands in Manhattan, New York City, on March 5, 2024. Spencer Platt | Getty Images Target will report quarterly earnings on Wednesday as the retailer tries to make a comeback from a prolonged period of weaker sales and profits. Here is what Wall Street expects for the Minneapolis-based retailer, according to a […]
Keysight shares rally on forecast as executives point to ‘stable’ backdrop
Keysight Technologies shares rallied after hours on Tuesday after the tech-services provider offered a fiscal fourth-quarter forecast that came in above Wall Street’s expectations.
