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Paramount urges court to require bond from plaintiffs delaying its $1.88B merger with Warner Bros. Discovery.

Market News
08 Sep 2026
PRNewsWire
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Neutral
Paramount urges court to require bond from plaintiffs delaying its $1.88B merger with Warner Bros. Discovery.

Paramount Skydance Corporation has filed legal briefs asking the court to enforce a bond requirement on the State Attorneys General and Writers Guild of America, who are suing to block Paramount's merger with Warner Bros. Discovery. Paramount has met all regulatory approvals and closing conditions, with only these lawsuits delaying the $1.88 billion deal. The company argues that the bond is necessary to cover financial losses caused by the delay if the injunction is ultimately overturned. Paramount remains confident the lawsuits lack merit and looks forward to completing the merger, which it says will bring benefits globally.

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Core Scientific director Elizabeth Crain buys 6,000 shares, signaling confidence in the company.

Core Scientific director Elizabeth Crain buys 6,000 shares, signaling confidence in the company.

Elizabeth Crain, a director at Core Scientific, has purchased 6,000 shares of the company. This insider buying may indicate her confidence in the company's future prospects. Such moves often attract investor attention as they can signal positive expe...

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Hyperscale Data shifts to AI data centers, signals undervaluation and insider confidence

Hyperscale Data shifts to AI data centers, signals undervaluation and insider confidence

Hyperscale Data has stopped Bitcoin mining to focus on AI data center services, backed by a $1.2 billion contract at its Michigan facility. The company's assets, including cash and Bitcoin, are worth nearly double its market cap, suggesting undervalu...

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Casey's General Stores beats Q1 earnings and revenue estimates with 27.1% profit growth.

Casey's General Stores beats Q1 earnings and revenue estimates with 27.1% profit growth.

Casey's General Stores reported strong Q1 2026 results, surpassing analyst expectations with an EPS of $7.37 versus $6.78 estimated and revenue of $5.68 billion beating the $5.56 billion forecast. Net income rose 27.1% year-over-year to $273.7 millio...

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Academy Sports to report Q2 2026 earnings with expected revenue growth and higher EPS on Sept 9

Academy Sports to report Q2 2026 earnings with expected revenue growth and higher EPS on Sept 9

Academy Sports and Outdoors will announce its Q2 2026 earnings on September 9, with revenue expected to rise 3.8% year-over-year to about $1.66 billion. Analysts forecast earnings per share between $2.07 and $2.12, up from $1.94 last year, indicating...

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Pharvaris stock jumps after positive HAE drug trial and Oppenheimer raises price target to $75

Pharvaris stock jumps after positive HAE drug trial and Oppenheimer raises price target to $75

Pharvaris's experimental oral drug deucrictibant showed an 83% reduction in hereditary angioedema (HAE) attacks in a Phase 3 trial, prompting Oppenheimer to raise its price target from $50 to $75 and maintain an "Outperform" rating. The positive tria...

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