Workflow
Warner Bros. plans to reject Paramount bid on funding, terms
Fortune· 2025-12-16 22:43
Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said.After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix Inc. as offering greater value, certa ...
Stock Market Today, Dec. 16: Pfizer Falls After Cutting 2025 Revenue Forecast
The Motley Fool· 2025-12-16 22:43
Today, Dec. 16, 2025, Pfizer's shrinking COVID cash flows could mean little growth next year as M&A bets will take time to deliver. NYSE : PFEPfizerToday's Change( -3.40 %) $ -0.90Current Price$ 25.53Key Data PointsMarket Cap$150BDay's Range$ 24.92 - $ 26.5052wk Range$ 20.91 - $ 27.69Volume112MAvg Vol68MGross Margin69.12 %Dividend Yield6.51 %Pfizer (PFE 3.40%), which develops and sells biopharmaceutical products worldwide, closed today's session (Dec. 16) at $25.53, down 3.41%. Trading volume reached 108.1 ...
How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
Yahoo Finance· 2025-12-16 22:43
In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “lifesaving” lidar sensors. Founder and CEO Austin Russell called it an “inflection point,” as Luminar prepped to have those sensors integrated into the first production vehicles. Volvo in particular was all in on the technology. The Swedish automaker, which spent decades building a brand around the idea of making the safes ...
Jared Kushner's Affinity withdraws from Paramount hostile bid for Warner Bros. Discovery
Youtube· 2025-12-16 22:42
Core Viewpoint - Jared Kushner's Affinity Partners has decided to withdraw from the project to purchase Warner Brothers Discovery, citing significant changes in the investment dynamics since their initial involvement in October [1][2]. Group 1: Company Actions - Affinity Partners, a private equity firm associated with Jared Kushner, has officially exited the bidding for Warner Brothers Discovery, which was previously considered alongside a Paramount offer [1][2]. - A spokesperson from Infinity Partners indicated that the firm believes there is still a strong strategic rationale for Paramount's offer despite their withdrawal [2]. Group 2: Market Dynamics - The term "dynamics" in the statement from Affinity Partners suggests that the competitive landscape and investment conditions have shifted considerably, although specific details were not disclosed [2][3]. - The implications of this withdrawal may affect the likelihood of Paramount's success in acquiring Warner Brothers Discovery, prompting speculation among market analysts [3].
TLX Deadline: TLX Investors Have Opportunity to Lead Telix Pharmaceuticals Ltd. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Prnewswire· 2025-12-16 22:41
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Telix Pharmaceuticals Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Telix securities between February 21, 2025, and August 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 9, 2026 [3]. - The lawsuit alleges that defendants made materially false and misleading statements regarding Telix's progress in prostate cancer therapeutic candidates and the quality of its supply chain [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in the field of securities class action settlements [4].
Grindr Amends, Extends, and Upsizes Credit Facility to $600 Million
Businesswire· 2025-12-16 22:41
Core Viewpoint - Grindr Inc. has amended, extended, and upsized its syndicated revolving credit and term loan facility from $350 million to $600 million [1] Group 1: Financial Details - The Term Loan A was increased by $100 million to a total of $400 million [1] - The revolving credit facility was increased by $150 million to a total of $200 million [1] - The maturities of the loans have been extended from November 2028 to January 2031 [1] Group 2: Use of Proceeds - Proceeds from the amended facility will be used to refinance existing obligations [1]
'Fast Money' traders talk crude oil hitting lowest levels since 2021
Youtube· 2025-12-16 22:40
Core Viewpoint - The current sentiment in the energy sector is mixed, with some analysts viewing the situation as a potential value trade while others express concerns about a value trap, particularly in relation to crude oil prices and their impact on energy stocks [1][3]. Group 1: Crude Oil Market Outlook - Analysts predict that crude oil prices could decline to around $40 per barrel, with some suggesting it may even drop lower, influenced by geopolitical factors and market dynamics [4][11]. - OPEC's decision to reverse production cuts and increase supply, along with non-OPEC countries like Brazil and the US producing at record levels, is contributing to a potential glut in the market [5][10]. - The overall sentiment is that the energy sector may face challenges, with expectations of lower commodity prices impacting the profitability of energy companies [5][8]. Group 2: Energy Stocks and Investment Strategy - Despite the challenges, there is still perceived value in major energy companies such as Chevron and ExxonMobil, particularly due to their operational efficiencies and lower break-even costs [3][5]. - The energy sector constitutes only 2.7% of the S&P 500, indicating limited influence on the broader market, yet the dividend yields from these stocks may become more attractive in a lower interest rate environment [6][11]. - The outlook for energy stocks remains cautious, with analysts suggesting that owning these stocks outright may be difficult in a declining oil price scenario [8][10]. Group 3: Broader Economic Implications - The declining oil prices may have positive implications for other sectors, such as airlines and industrials, potentially benefiting from lower energy costs [9][10]. - A disinflationary trend could lead to a more accommodative Federal Reserve, which may further influence investment strategies across various sectors [9][10].
Why Is SMCI Stock Falling?
Forbes· 2025-12-16 22:40
CHONGQING, CHINA - JULY 31: In this photo illustration, a person holds a smartphone displaying the logo of Super Micro Computer Inc. (NASDAQ: SMCI) (Photo illustration by Cheng Xin/Getty Images)Getty ImagesSuper Micro Computer (SMCI) stock reached the fifth day of a streak characterized by losses, accumulating a total return of -11% during this timeframe. The company has seen a decline of approximately $3.6 billion in value over the past five days, resulting in a current market capitalization of about $19 b ...
Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Declares Year-End Capital Gain Distribution - Cohen & Steers (NYSE:CNS), COHEN & STEERS QUALITY (NYSE:RQI)
Benzinga· 2025-12-16 22:36
NEW YORK, Dec. 16, 2025 /PRNewswire/ -- The Board of Directors of the Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") has declared a year-end capital gain distribution, as summarized in the chart below. In addition to the regular monthly distribution, this year-end capital gain distribution is being paid to allow the Fund to meet its 2025 distribution requirement for federal excise tax purposes. A substantial portion of the total distribution will be taxable to shareholders in 2025. ...
Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Declares Year-End Capital Gain Distribution
Prnewswire· 2025-12-16 22:36
Core Points - The Cohen & Steers Quality Income Realty Fund, Inc. has declared a year-end capital gain distribution of $0.13 per share, payable on January 6, 2026, to meet its 2025 distribution requirement for federal excise tax purposes [1][2] - A significant portion of the total distribution will be taxable to shareholders in 2025 [1] - The Fund has a managed distribution policy in place since December 2011, which aims to provide regular monthly distributions at a fixed rate per common share, allowing for greater flexibility in realizing and distributing long-term capital gains [2][3] Distribution Details - The year-end capital gain distribution is part of the Fund's strategy to meet federal tax requirements, with the distribution date set for January 6, 2026 [1][2] - The monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and return of capital, with the latter reducing a shareholder's tax basis [3][4] - The estimated amounts for current distributions and cumulative distributions for the fiscal year are detailed, with a total current distribution of $0.13 per share and a year-to-date total distribution of $1.09 per share [5][6] Fund Performance - The Fund's year-to-date cumulative total return for fiscal year 2025 is reported at 6.79%, with a cumulative distribution rate of 8.54% [9] - The average annual total return for the five-year period ending November 30, 2025, is 8.07%, while the current annualized distribution rate is 7.52% [9][10] - The performance metrics are based on the Fund's net asset value (NAV), which reflects the total market value of the Fund's assets minus liabilities [8][9]