Paramount to enter into exclusive merger talks with Skydance, source says
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Paramount Global (PARA) upgraded at Wolfe Research following Skydance reports
April 4, 2024 12:55 PM EDTOn Thursday, Wolfe Research revised its rating on Paramount Global (NASDAQ: PARA), raising it to Peer Perform from Underperform. The adjustment reflects the firm's recognition of Paramount's asset strength and discretionary cash flow potential, which have been highlighted by recent press reports indicating a possible bidding war between Skydance and Apollo.
The speculation regarding Paramount's future gained momentum last spring following the company's dividend cut and a significant investment by BDT & MSD into National... More
