Paramount Global (PARAA)
After hours:
| Previous close | 26.10 |
| Open | 26.12 |
| Bid | 22.24 x 100 |
| Ask | 22.69 x 100 |
| Day's range | 22.34 - 26.25 |
| 52-week range | 13.40 - 26.34 |
| Volume | |
| Avg. volume | 69,118 |
| Market cap | 8.979B |
| Beta (5Y monthly) | 1.78 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.13 |
| Earnings date | 05 Aug 2024 - 09 Aug 2024 |
| Forward dividend & yield | 0.20 (0.89%) |
| Ex-dividend date | 17 Jun 2024 |
| 1y target est | 15.00 |
Barrons.com5 Takeaways From the 2024 Berkshire Hathaway Annual Shareholders’ Meeting
Berkshire Hathaway held its 2024 annual shareholders’ meeting on Saturday, the first without longtime vice chairman Charlie Munger. Berkshire CEO Warren Buffett held court in front of around 18,000 investors in attendance in Omaha, Neb., where he was joined by vice chairmen Greg Abel and Ajit Jain to give an update on the company’s business—and opine on questions ranging from his relationship with Munger to how Berkshire might deploy its massive $182 billion cash pile.
ReutersParamount bidders await word from special committee evaluating options
A special committee of the Paramount Global board charged with evaluating offers for the company met Saturday morning, though rival bidders for the studio are awaiting word on next steps. Paramount ended its exclusive negotiations with Skydance Media without a deal on Friday, allowing the special committee to entertain other offers for the home of "Mission: Impossible" and "SpongeBob SquarePants." Paramount's special committee signed off on beginning deal talks with Sony and Apollo, The New York Times reported on Sunday.
Barrons.com‘We Lost Quite a Bit of Money.’ Berkshire Sold Entire Paramount Stake, Buffett Says.
Berkshire Hathaway has sold its entire stake in Paramount Global losing “quite a bit of money,” Berkshire CEO Warren Buffett said at the company’s annual meeting on Saturday. Buffett also shot down speculation that Ted Weschler or Todd Combs, who together run about 10% of Berkshire Hathaway’s equity portfolio, had purchased the Paramount stake, taking responsibility for the investment himself. “It was 100% my decision and we’ve sold it all and we lost quite a bit of money,” said Buffett.
