Stock market today: Dow Jones Industrial Average hits new record high in mixed trading
Wall Street hit another record high on Tuesday, while major stock indices barely moved after a lackluster day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.1 percent, to its second all-time high in two…
Paramount shares fall 7% as takeover saga finally appears to be coming to an end
Paramount stock (PARA) fell over 7% on Tuesday after the company announced the official end of its “go-shop” period and billionaire Edgar Bronfman Jr. dropped out of the race to buy Paramount late Monday. Paramount’s announcement all but confirms that…
Paramount shares down after Edgar Bronfman’s departure dashes hopes of bidding war
Paramount Global shares fell on Tuesday after Edgar Bronfman Jr. exited the Paramount deal last night, disappointing shareholders who had hoped for a bidding war with Skydance. “It was a gamble from the start,” one investor said of Bronfman’s offer….
PARA, LLY, NFLX, HSY and more
Check out the companies making headlines in midday trading: Paramount Global – The media conglomerate’s shares fell more than 5% after Edgar Bronfman Jr. abandoned his takeover bid, clearing the way for Skydance to complete its roughly $8 billion acquisition…
Paramount shares fall 5% as takeover saga finally appears to be coming to an end
Paramount (PARA) shares fell over 5% early Tuesday after the company announced the official end of its “go-shop” period as billionaire Edgar Bronfman Jr. dropped out of the race to buy Paramount late Monday. Paramount’s announcement all but confirms that…
