Paramount Global (0VV.F)
| Previous close | 18.50 |
| Open | 18.44 |
| Bid | 18.48 x N/A |
| Ask | 18.90 x N/A |
| Day's range | 18.44 - 18.44 |
| 52-week range | 12.55 - 22.80 |
| Volume | |
| Avg. volume | 8 |
| Market cap | 7.409B |
| Beta (5Y monthly) | 1.80 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.05 |
| Earnings date | 05 Aug 2024 - 09 Aug 2024 |
| Forward dividend & yield | 0.19 (1.01%) |
| Ex-dividend date | 17 Jun 2024 |
| 1y target est | 54.75 |
Yahoo FinanceRedstone, Skydance reportedly reach new Paramount deal, but 'whole lot of uncertainty' remains
Paramount's stock jumped after the Wall Street Journal reported a new path for the media giant's merger with Skydance Media is on the table.
- Yahoo Finance Video
ADP jobs data, Fed on inflation, Paramount talks: 3 Things
Stock futures (^DJI, ^IXIC, ^GSPC) are taking in ADP's jobs data for June and the US Department of Labor's initial jobless claims from last week. Federal Reserve Jerome Powell feels the Fed has "made some progress" against inflation, stated at the ECB Forum on Central Banking yesterday, as officials slowly move back toward a disinflationary path. Paramount Global (PARA) shares are soaring in pre-market trading on reports that Skydance Media may be nearing an agreement to buy Shari Redstone's National Amusements, the holding company of Paramount. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
BloombergSkydance Media Reaches Preliminary Paramount Merger Agreement
(Bloomberg) -- Paramount Global shares jumped the most in two months on Wednesday after a merger deal with independent film and TV producer Skydance Media was revived.Most Read from BloombergBiden Struggles to Contain Mounting Pressure to Drop Out of RaceHouse Democrats Consider Demanding Biden Withdraw From RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsUS Allies Say China Is Developing Attack
