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AT&T Decides To Spin Off WarnerMedia And Merge It With Discovery
AT&T shareholders will own 71% of the new company called Warner Bros. Discovery while existing Discovery shareholders will own 29%. AT&T shareholders will own 71% of the new company called Warner Bros. Discovery while existing Discovery shareholders will own 29%. -
Starbucks Reports Slightly Lower Holiday Profits Amid Inflation
Starbucks said it may be forced to increase prices once again due to the surge in prices of materials and labor. Starbucks said it may be forced to increase prices once again due to the surge in prices of materials and labor. -
Elliott And Vista To Take Citrix Systems Private Through $13 Billion Deal
Elliott and Vista will reportedly buy the company at $104 per share, valuing it at around $13 billion. Elliott and Vista will reportedly buy the company at $104 per share, valuing it at around $13 billion. -
Robinhood Reports $423 Million Loss For Latest Quarter
Robinhood's stock price dropped by more than 15% following the release of its disappointing fourth-quarter results. Robinhood's stock price dropped by more than 15% following the release of its disappointing fourth-quarter results. -
GE Misses Estimates, Stock Price Dips Amid Inflation Woes
GE said that it still expects to struggle with supply chain disruptions and inflation throughout the year. GE said that it still expects to struggle with supply chain disruptions and inflation throughout the year. -
Kohl's Received $9 Billion Take-Private Bid From Hedge Fund
The offer made by the consortium backed by activist hedge fund Starboard Value represents a 37% premium to the company's last closing price. The offer made by the consortium backed by activist hedge fund Starboard Value represents a 37% premium to the company's last closing price. -
Activist Investor Calling On Resignation Of Peloton CEO
Blackwells Capital is calling on the resignation of Peloton CEO John Foley and for the company to consider a possible sale. Blackwells Capital is calling on the resignation of Peloton CEO John Foley and for the company to consider a possible sale. -
United Airlines Reports Loss For 2021, Expects Omicron To Further Slow Recovery
United Airlines reported a $646 million loss for its fourth quarter last year and a $1.96 billion loss for the entire 2021. United Airlines reported a $646 million loss for its fourth quarter last year and a $1.96 billion loss for the entire 2021. -
SoFi Shares Skyrocket After Approval Of Bank Charter License
SoFi Technologies was granted a bank charter license by the Federal Reserve and the Office of the Comptroller of the Currency. SoFi Technologies was granted a bank charter license by the Federal Reserve and the Office of the Comptroller of the Currency. -
Unilever Facing Growing Investor Backlash Over GSK Bid
Unilever is facing increased investors backlash from both sides following reports of its $95 billion bid to acquire GSK's consumer health unit. Unilever is facing increased investors backlash from both sides following reports of its $95 billion bid to acquire GSK's consumer health unit.