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Category Archives: Uncategorized

Capri and Tapestry abandon plans to merge, citing regulatory hurdles

The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.

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Homebuilder deal activity is surging, fueled by major Japanese buyers

Strong demand for new housing has smaller builders ripe for takeover. The Japanese are big players because their cost of capital is low.

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Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS

Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.

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Adidas signs first NIL deal with girls’ high school basketball player

Adidas has signed high school basketball phenom Kaleena Smith.

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Disney doesn’t plan to change its TV networks portfolio anytime soon

Disney doesn’t foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.

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Disney stock surges on streaming growth, guidance

Revenue for Disney’s entertainment segment – which includes the traditional TV networks,  direct-to-consumer streaming and films – increased 14% year over year.

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Disney earnings offer hope that streaming can successfully supplant linear TV

Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024.

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Diamond Sports reaches key milestone toward exiting bankruptcy

A bankruptcy judge approved Diamond Sports’ reorganization plan on Thursday, paving the way for the regional sports networks’ owner to exit chapter 11.

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Drug costs, abortion, Obamacare: How Trump and Harris could change U.S. health care

Kamala Harris and Donald Trump are both pledging to make health care more affordable in the U.S., but have largely different approaches to doing so […]

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Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases

A deal-hunting mindset, volatile weather and election distraction could influence holiday spending this year.

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