California Attorney General Rob Bonta is seeking significant structural remedies from Paramount CEO David Ellison to settle an antitrust lawsuit concerning Paramount's acquisition of Warner Bros. Discovery. The lawsuit, filed by 12 state attorneys general, alleges the merger would give the combined company control over one-third of major films and cable TV programming, potentially harming competition and consumers. Despite support from major movie theater chains after concessions from Ellison, Bonta insists any settlement must address the core anticompetitive concerns. A trial is set for March 2027, and if no settlement is reached by October 1, Paramount faces a $7 million daily penalty until the deal closes.
Several analysts have reduced their price targets for CRH plc, a leading building materials company, with RBC Capital lowering its target from $165 to $135 while keeping an Outperform rating. Despite the cuts, the new targets still imply significant ...
Oppenheimer upgraded Humana's price target from $405 to $475, citing strong performance in Medicare Advantage plans where 95% of members are in four-star or higher rated plans. This upgrade implies a potential 22.7% upside from Humana's current stock...
Scotiabank lowered Verizon's price target from $51.50 to $50 following SpaceX's acquisition of 14 MHz of wireless spectrum in the 800 MHz band for its Starlink Mobile network. This deal intensifies competition in the U.S. telecom market, pressuring V...
Analysts from Oppenheimer and BTIG have raised their price targets for Cloudflare, reflecting confidence in the company's strong growth and expanding market share, especially in Europe. Cloudflare's stock recently hit a 52-week high amid positive bus...
Delta Air Lines reported Q3 earnings with revenue of $20.20 billion, surpassing estimates, but earnings per share missed at $1.72 due to higher fuel costs. The airline lowered its 2026 adjusted earnings forecast to $5.10-$5.60 per share and free cash...
