Communications Services Lower on Consolidation Doubts — Communications Services Roundup
Communications services companies ticked down amid doubts about the impact of consolidation on the sector.
Technology investment firm Silver Lake has reached a deal to buy Endeavor Group, valuing the sports and entertainment agency's equity at $13 billion.
Walt Disney shares rose after reports it has pulled ahead in its proxy battle against Nelson Peltz's activist investment firm Trian Group with more than half of all shares voted, The Wall Street Journal reported.
Two Warner Bros Discovery board members, Steven Miron and Steve Newhouse, resigned after the Justice Department told them it was investigating whether their presence on the board violated antitrust laws.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 02, 2024 17:58 ET (21:58 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Going Into Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
What’s Happening in the Markets This Week
-
4 Top Dividend-Paying REIT Stock Picks
-
After Earnings, Is Netflix Stock a Buy, a Sell, or Fairly Valued?
-
P-CAPE: A Better Way for Investors to Estimate Future Returns
-
Which Stocks Have Driven the Stealth Large-Value Rally?
-
Forecasts for Q2 GDP Report Show a Healthy but Slowing Economy
-
5 Stocks to Buy as the Market Rally Broadens
-
4 Top US Travel Stock Picks
-
How Do Interest Rates Affect Stock Market Returns?
-
American Airlines Earnings: Ticket Distribution Misstep Affected Results
-
Going Into Earnings, Is Albemarle Stock a Buy, a Sell, or Fairly Valued?
-
3 Top Cybersecurity Stock Picks for Long-Term Investors
-
AbbVie Earnings: Firm Sees Strong Next-Generation Immunology Drugs Sales
-
Ford Earnings: Warranty Problems on Older Vehicles Slam Results
-
ServiceNow Earnings: Operating on a Higher Plane Within Enterprise Software