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US Justice Department approves $111B Paramount-Warner Bros merger without conditions

Market News
12 Jun 2026
Forbes
View Source
Bullish
pluang ai news

The US Justice Department has approved Paramount's $111 billion acquisition of Warner Bros. Discovery, stating the merger is unlikely to harm competition or consumers. The deal includes Warner Bros.' film and TV production, streaming services like HBO Max, and cable networks such as CNN. Despite DOJ approval, California's Attorney General and other states may challenge the merger in court. Paramount plans to fight any legal attempts to block the deal, which is heavily backed by Oracle co-founder Larry Ellison.

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ARC Resources declares $0.21 quarterly dividend for July 15, 2026 payment.

ARC Resources declares $0.21 quarterly dividend for July 15, 2026 payment.

ARC Resources Ltd. announced a quarterly eligible dividend of $0.21 per share payable on July 15, 2026, to shareholders recorded by June 30, 2026. The company, a major Montney producer in Canada, has paid a total of $0.80 per share over the past 12 m...

Company Fundamentals
Bullish
29 minutes ago
The Lovesac Company appoints Andrew Farag as new CFO, succeeding Keith Siegner.

The Lovesac Company appoints Andrew Farag as new CFO, succeeding Keith Siegner.

The Lovesac Company has named Andrew Farag as its new Executive Vice President, Chief Financial Officer, and Treasurer, effective immediately. Farag brings over 20 years of experience in finance and operations, having held CFO and COO roles in variou...

Company Fundamentals
Bullish
32 minutes ago
SpaceX IPO surges 19%, but major price moves will come from index inclusion and insider share unlocks.

SpaceX IPO surges 19%, but major price moves will come from index inclusion and insider share unlocks.

SpaceX (SPCX) went public on June 12, opening at $150 and closing its first day at $161, a 19% gain from the $135 IPO price. The stock's near-term price action is driven by retail excitement and the Starship launch narrative, but key price catalysts ...

Market News
Bullish
40 minutes ago
Mondelēz appoints Amit Banati as new CFO starting July 1, 2026

Mondelēz appoints Amit Banati as new CFO starting July 1, 2026

Mondelēz International announced that Amit Banati will become its Executive Vice President and Chief Financial Officer effective July 1, 2026. Banati brings extensive financial and commercial experience from previous roles at Kenvue, Kellanova, Kello...

Market News
Bullish
44 minutes ago
Herzfeld Credit Income Fund reports May 2026 NAV at $19.70 per share.

Herzfeld Credit Income Fund reports May 2026 NAV at $19.70 per share.

Herzfeld Credit Income Fund, Inc. announced its estimated net asset value (NAV) as of May 31, 2026, at $19.70 per share. The Fund focuses on credit-related investments, including CLO equity and junior debt tranches, aiming to maximize risk-adjusted r...

Market News
Neutral
1 hour ago
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