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Communication
Disney Faces Challenges Amid Theme Park and Streaming Woes
October 02, 2024 05:21 AM AEST| By Team Kalkine MediaHighlights,Disney is facing challenges in its theme parks and streaming business heading into fiscal 2025.,Declining demand in theme parks and slower profitability growth in direct-to-consumer services like Disney+ are key concerns.,Bank of America s...
New York Times Showing Positive Trends in Capital Use
October 02, 2024 05:09 AM AEST| By Team Kalkine MediaHighlights,New York Times demonstrates increasing return on capital employed, signaling efficient use of resources.,The company has expanded its capital base by 35% over the last five years, showing a reinvestment strategy.,Strong returns over the pa...
AT&T (NYSE:T) sells remaining holding in DirecTV. Here’s why.
October 01, 2024 01:22 PM AEST| By Team Kalkine MediaAT&T Inc. (NYSE:T) has officially exited its costly investment in the entertainment sector by selling its remaining stake in DirecTV, the satellite television operator. The agreement, announced on Monday, involves AT&T selling its 70% stake in DirecT...
Verizon Finalizes Major Tower Deal with Vertical Bridge
October 01, 2024 09:55 AM AEST| By Team Kalkine MediaHighlights,Verizon Communications announces a major tower transaction with Vertical Bridge involving the lease and management of thousands of wireless towers across the U.S.,The agreement includes a prepaid lease, a long-term leaseback for Verizon, a...
AT&T Exits Entertainment Sector with $7.6 Billion Sale of DirecTV to TPG
October 01, 2024 01:53 AM AEST| By Team Kalkine MediaHighlights,Divestiture Announcement,: AT&T is selling its remaining 70% stake in DirecTV to TPG for approximately $7.6 billion, concluding its involvement in the entertainment sector.,Transaction Structure,: The sale will occur in stages, with AT&T r...
Fangdd Network Group's Stock Surge Raises Questions of Valuation
September 28, 2024 07:37 AM AEST| By Team Kalkine MediaHighlights,Fangdd Network Group has recently experienced a significant stock price recovery, with a notable gain and a low price-to-sales ratio compared to industry peers.,Despite a modest revenue increase, the company faces challenges with a long-te...
Apprentice Contestant Engages in $100 Million Transaction of Trump Media Shares
September 27, 2024 07:22 PM AEST| By Team Kalkine MediaHighlights,Andy Litinsky, co-founder of Trump Media & Technology Group, has significantly reduced his shareholding amid a legal dispute.,United Atlantic Ventures now holds only a minimal number of shares, down from millions earlier this year.,Former...
Analyzing Verizon Communications' Short Interest Trends
September 27, 2024 06:16 AM AEST| By Team Kalkine MediaHeadlines,Recent data reveals an increase in short interest for Verizon Communications.,The total shares sold short have seen a notable rise, indicating a shift in market sentiment.,Trading volume suggests a timeframe for covering short positions, re...
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Meta Shares Rise Ahead of Market Open Following Launch of Augmented Reality Glasses
September 27, 2024 01:25 AM AEST| By Team Kalkine MediaHighlights,Meta Platforms Inc. is set to launch new augmented reality glasses, Orion, at its annual developer conference.,The Orion glasses will project digital images, games, and communications into the real world, enhancing user interaction with au...
Meta Launches Quest 3S VR Headset and AR Glasses Prototype
September 26, 2024 05:28 AM AEST| By Team Kalkine MediaHighlights,Meta has launched the Quest 3S, a budget-friendly virtual reality headset, targeting multitasking capabilities to compete with Apple's Vision Pro.,The new headset features improved passthrough technology and is designed for various applica...
Netflix Boosts Streaming Dominance with Innovation and Global Content
September 26, 2024 04:44 AM AEST| By Team Kalkine MediaHighlights,Netflix maintains a leading position in the streaming market, with its stock reaching record highs following a positive outlook.,The company's success is attributed to personalized viewing experiences and a diverse global content strategy...
Trump’s Media Company Sees Respite After Recent Decline
September 25, 2024 04:26 AM AEST| By Team Kalkine MediaShares of Trump Media & Technology Group Corp., operating in the,communication sector,with its Truth Social app, showed signs of stabilizing after a 10% drop on Monday, following the expiration of insider selling restrictions. Early trading indicatio...
Madison Square Garden Entertainment Expands Market Position
September 18, 2024 05:27 AM AEST| By Team Kalkine MediaMadison Square Garden Entertainment Corp., a notable entity within the,Communication sector,, has been experiencing significant business developments. The company's recent performance and strategic direction highlight its position within this dynamic...
Sirius XM Faces Uncertainty Following Reverse Stock Split
September 17, 2024 07:26 PM AEST| By Team Kalkine MediaSirius XM Holdings Inc. a major player of,Communication sector,has recently undergone a reverse stock split, a strategic move intended to adjust the company's share price and outstanding share count. This development comes as part of Sirius XM’s effo...
Telesat (TSAT) Sees Rise Amid Funding Boost
September 16, 2024 08:41 PM AEST| By Team Kalkine MediaIn the,communications sector,, Telesat experienced a 10.3% increase in its share price, closing at $12.07 during the last trading session. This gain was marked by a higher-than-average trading volume and follows a notable 20.2% increase over the past...
Keywords Studios Gears Up for Private Ownership with Positive Revenue Outlook
September 16, 2024 06:54 PM AEST| By Team Kalkine MediaIn the,communication sector,, Keywords Studios PLC has expressed confidence in achieving overall revenue growth for 2024, according to its interim trading statement released on Monday. This optimism comes as the company is on the verge of being acqui...
Ascential Announces Unlikely Special Dividend from Hudson Sale
September 11, 2024 11:26 PM AEST| By Team Kalkine MediaAscential, a B2B media and events company in,Communication sector,, disclosed on Wednesday that a potential sale of its stake in Hudson MX is unlikely to result in a special dividend for its shareholders. This announcement follows the company's recen...
Verizon (NYSE:VZ) Unveils Exciting iPhone 16 and Apple Watch Deals
September 10, 2024 02:53 PM AEST| By Team Kalkine MediaVerizon (NYSE:VZ) is rolling out a series of exceptional offers to coincide with the release of Apple's latest lineup, including the iPhone 16 and iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max, as well as the Apple Watch Series 10 and Apple Wat...
Understanding News Corporation’s Market Worth
August 31, 2024 12:10 AM AEST| By Team Kalkine MediaNews Corporation, a key player in the,Communication sector,, is currently the subject of discussions concerning its fair value. Recent evaluations and calculations of the company's worth have sparked interest among market observers. This article prov...
CuriosityStream Inc. Stock Rises Amidst Market Sentiment
August 30, 2024 03:10 AM AEST| By Team Kalkine MediaIn the,Communication sector,, CuriosityStream Inc., known for its subscription-based streaming service focused on documentary content, has recently seen a notable increase in its stock value. This rise is attributed to positive sentiment among market...
