Workflow
Media
icon
Search documents
X @Bloomberg
Bloomberg· 2026-02-17 18:38
Hearst Communications, the closely held media and services company, reported record profit for 2025, led by its bond-rating agency Fitch Group. https://t.co/Q1ik6GnnGw ...
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 17 FEBRUARY 2026
Globenewswire· 2026-02-17 16:30
Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 17 February 2026, acquiring 14,482 shares at an average price of EUR 8.9814 per share, with a total cost of EUR 130,068.63 [1] - The highest and lowest prices per share during the transaction were EUR 9.0700 and EUR 8.9200, respectively [1] Shareholding Information - Following the acquisition, Sanoma holds a total of 848,300 of its own shares [2] Company Overview - Sanoma is a learning and media company operating across Europe, focusing on providing high-quality educational content and solutions for K12 education [2][4] - The company employs nearly 5,000 professionals and reported net sales of approximately EUR 1.3 billion in 2025, with an adjusted operating profit margin of 14.4% [5] Strategic Focus - Sanoma aims for organic growth in K12 education and plans to accelerate this growth through value-creating mergers and acquisitions [4] - The company is committed to sustainability, aligning its strategy with the UN Sustainable Development Goals and emphasizing the responsible use of AI [4]
Warner Bros. Discovery says it's reopening talks with Paramount Skydance
NBC News· 2026-02-17 16:21
For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/heres-the-scoop-daily-podcast Every day, NBC News helps people understand what’s happening and why it matters — through fact-based reporting, meaningful conversations, and powerful stories. From its leading news broadcasts — TODAY, NBC Nightly News, Meet the Press, and Dateli ...
Strong Year-Over-Year Revenue Growth, Supported Citigroup (C) in Q4
Yahoo Finance· 2026-02-17 14:47
Core Insights - Sound Shore Management's investor letter for Q4 2025 highlights strong performance of its funds, with the Sound Shore Fund Investor Class (SSHFX) and Institutional Class (SSHVX) returning 7.83% and 7.87% respectively, outperforming the S&P 500 and Russell 1000 Value Index [1] - In 2025, both classes of the fund achieved returns of 18.20% and 18.42%, surpassing the S&P 500's 17.88% and Russell Value's 15.91% [1] - The healthcare sector was noted as the leading performer in Q4 2025, with the fund's success attributed to a diverse range of companies in an AI and technology-driven market [1] Company Performance - Citigroup Inc. (NYSE:C) was highlighted as a significant contributor to the fund's performance, despite a one-month return of -6.08% [2] - Over the last 52 weeks, Citigroup's shares increased by 31.02%, closing at $110.86 on February 13, 2026, with a market capitalization of $198.358 billion [2] - Citigroup's strong year-over-year revenue growth and plans for increased capital return to shareholders through dividends and buybacks were key factors in its positive contribution [3] Hedge Fund Interest - Citigroup Inc. was held by 107 hedge fund portfolios at the end of Q3 2025, an increase from 102 in the previous quarter, indicating growing interest among hedge funds [4] - Despite this interest, the firm suggests that certain AI stocks may offer greater upside potential and lower downside risk compared to Citigroup [4]
Warner Bros. Reopens Talks With Rival Paramount
Bloomberg Television· 2026-02-17 14:39
Warner Bros. Discovery is talking to Paramount Skydance again after the studio sweetened its offer setting up a showdown with Netflix. Ed Ludlow has more. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: h ...
Flex Ltd (FLEX) Rose on Surging Data Center End-Markets
Yahoo Finance· 2026-02-17 14:38
Core Insights - Sound Shore Management's investment performance in Q4 2025 showed significant gains, with the Sound Shore Fund Investor Class (SSHFX) and Institutional Class (SSHVX) advancing 7.83% and 7.87%, respectively, outperforming the S&P 500's 2.66% and the Russell 1000 Value Index's 3.81% [1] - For the entire year of 2025, SSHFX and SSHVX returned 18.20% and 18.42%, respectively, compared to the S&P 500's 17.88% and Russell Value's 15.91% [1] - The healthcare sector was identified as the leading performer in Q4 2025, with the fund's performance driven by a diverse group of companies across various sectors in an AI and technology-dominated market [1] Company Focus: Flex Ltd. - Flex Ltd. (NASDAQ:FLEX) was highlighted as a leading contributor to Sound Shore Management's performance, providing technology innovation, supply chain, and manufacturing solutions across multiple industries [2][3] - As of February 13, 2026, Flex Ltd. stock closed at $64.24 per share, with a one-month return of -0.91% and a twelve-month increase of 51.12% [2] - Flex Ltd. has a market capitalization of $3.101 billion, and its growth was attributed to accelerating data center end-markets, which contributed to improved earnings [3]
How Paramount pulled its failing bid for Warner Bros. back from the brink
MarketWatch· 2026-02-17 13:54
How Paramount brought its failing bid for Warner Bros. back from the brink - MarketWatch# How Paramount brought its failing bid for Warner Bros. back from the brink## Warner Bros. has given Paramount seven days to make a final offer after the company signaled it would raise its price to $31 a share on top of other deal sweeteners offered last weekPublished: Feb. 17, 2026 at 8:54 a.m. ETShareResize---Listen(4 min)Paramount Skydance convinced Warner Bros. to reopen negotiations after signaling it was finally ...
Warner Bros reject Paramount's takeover bid, grants a week for final offer, voting for Netflix deal set for 20 March
MINT· 2026-02-17 13:24
Core Viewpoint - Warner Bros Discovery has rejected Paramount Skydance's $30-per-share takeover offer but has allowed a seven-day period for a revised proposal, with Paramount suggesting a higher price of $31 per share [1][2]. Group 1: Takeover Offer Details - Paramount's current bid for Warner Bros is $108.4 billion, while Netflix has offered $82.7 billion specifically for its studio and streaming units [3]. - Paramount's financial advisor indicated that the offer could increase to $31 per share if negotiations are opened, with potential for further increases [3]. - Warner Bros has stated that any best-and-final proposal must exceed the current offers [3]. Group 2: Shareholder Vote and Merger Implications - Shareholders are scheduled to vote on the Netflix merger on March 20, 2026, after Warner Bros spins off its Discovery Global cable operations [4]. - Warner Bros has emphasized its commitment to the Netflix merger, stating that the proposal from Paramount is not likely to result in a superior transaction [2][5]. Group 3: Previous Engagements and Offers - Paramount has expressed frustration over the lack of meaningful engagement from Warner Bros regarding previous offers made over a 12-week period [6]. - The revised offer from Paramount included a personal guarantee of $40 billion in equity from Oracle founder Larry Ellison, which was also rejected [6]. - Paramount is considering adding directors to Warner Bros' board as part of its strategy to gain influence [7]. Group 4: Market Reactions and Statements - Netflix has claimed that its transaction provides superior value and certainty, while also acknowledging the distractions caused by Paramount's attempts [9]. - Paramount's latest strategy included offering additional cash to Warner Bros shareholders for each quarter the deal remains unclosed, along with agreeing to pay a $2.8 billion breakup fee to Netflix if the deal falls through [10].
X @CNN Breaking News
CNN Breaking News· 2026-02-17 12:31
Warner Bros. Discovery reopens sale talks with Paramount while setting a date in March to vote on its proposed deal with Netflix https://t.co/YG1irA51lS ...
Activist investor Jana Partners builds stake in Fiserv, WSJ reports
Reuters· 2026-02-17 12:15
Group 1 - Activist investor Jana Partners has acquired a stake in Fiserv and is urging the company to take actions to improve its declining share price [1] - Fiserv's shares increased by 6.5% in premarket trading following the news [1] - The company's stock has experienced a significant decline, dropping over 67% in 2025 [1]