The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.
Continue readingCategory Archives: Uncategorized
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.
Continue readingVaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.
Continue readingAdidas signs first NIL deal with girls’ high school basketball player
Adidas has signed high school basketball phenom Kaleena Smith.
Continue readingDisney 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.
Continue readingDisney 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.
Continue readingDisney 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.
Continue readingDiamond 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.
Continue readingDrug 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 […]
Continue readingElections, 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.
Continue reading