Paramount Global (PARA)

🇺🇸NASDAQ

11.81 +0.35 (3.05%)

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At close: Jul 05, 2024, 4:00 PM

Market Cap8.2B
Days Range11.35 - 11.86
52 Week Range17.5 - 9.54
Volume20339656
EPS (ttm)-1.13
PE Ratio-10.45

3.14% (1D)

Paramount Global News

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1 day ago - nypost.com

Paramount investor Mario Gabelli ‘may not sell stock' in proposed Skydance merger

Earlier this week, heiress Shari Redstone surprised media insiders with her announcement that she was accepting a merger proposal from Skydance.


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1 day ago - investorplace.com

3 Hidden Stock Gems That Wall Street Is Overlooking

No matter your investing style, we all hope to find overlooked stock gems. These are where the biggest gains are made.


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2 days ago - investorplace.com

Tech Sector Fire Sale: 3 Must-Buy Stocks at Multi-Year Lows

The stock market might be near all-time highs, but it's not champagne and caviar for every company or their shareholders. Many stocks are deep in the red this year despite the gains seen across the indices.


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3 days ago - investopedia.com

S&P 500 Gains and Losses Today: Paramount Pops on Reports of Resuscitated Skydance Deal

Major U.S. equities indexes were mixed in an abbreviated day of trading Wednesday, with the closing bell sounding at 1 p.m. ET ahead of Thursday's Fourth of July festivities.


3 days ago - youtube.com

Paramount Shares Surge on Preliminary Deal With Skydance

Paramount shares jumped the most in two months on Wednesday after a merger deal with independent film and TV producer Skydance Media was revived. Needham & Co Senior Entertainment and Internet Analyst Laura Martin joins Caroline Hyde on "Bloomberg Technology.


3 days ago - youtube.com

Paramount: Why Shari Redstone decided to renegotiate with Skydance

Shares of Paramount Global (PARA, PARAA) are rallying on revived merger talks with Skydance. According to reports, Skydance has reached a preliminary agreement to buy Shari Redstone's National Amusements, the controlling shareholder of Paramount.


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3 days ago - reuters.com

Skydance Media's deal to gain control of Paramount could be sealed this weekend, sources say

Skydance Media's deal to acquire theater operator National Amusements, with its controlling interest in Paramount Global , could be finalized by Monday, sources familiar with the deal process said.


3 days ago - youtube.com

Paramount pops on reports of a merger deal with Skydance

Paramount pops on reports of a merger deal with Skydance. Shareholder Jim Lebenthal weighs in.


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3 days ago - kiplinger.com

Stock Market Today: S&P 500, Nasdaq End at Record Highs Ahead of July 4th

Wednesday's abbreviated session was jam-packed with news, including labor market updates and Southwest Airlines' "poison pill."


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3 days ago - nypost.com

Paramount soars as Skydance reaches new deal to buy controlling stake from Redstone

Shares of Paramount Global jumped 6.5% on Wednesday after reports said Shari Redstone's National Amusements had reached a preliminary deal to sell its controlling interest in the storied media company to David Ellison's Skydance Media.


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3 days ago - fastcompany.com

Skydance-Paramount merger is reportedly back on after Barry Diller expresses interest

Roughly 50 years ago, Barry Diller was head of Paramount Pictures. A little more than 30 years ago, he tried to purchase the company, only to be outbid by media mogul Sumner Redstone.


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3 days ago - marketwatch.com

Paramount stock and bonds snapped up on report deal with Skydance is back on

Investors snapped up shares and bonds issued by Paramount Global Inc. on Wednesday, after a report suggested the on-again, off-again courtship between Shari Redstone, Paramount and Skydance Media is back on, after the three sides reportedly have reached a preliminary merger deal.


3 days ago - youtube.com

Paramount Revives Deal with Skydance

Bloomberg Intelligence's Geetha Ranganathan breaks down the latest on the revival of the deal Shari Redstone once walked away from. Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: https://bit.ly/3vTiACF -------- Get more on The Bloomberg Intelligence Podcast On Apple: http://bit.ly/3YrBfOi On Spotify: http://bit.ly/3SPPZ8F Anywhere: http://bit.ly/43hOc0r Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake


3 days ago - youtube.com

Paramount rallies on news of reignited Skydance Media merger talks

Jim Stewart, New York Times columnist, joins 'Money Movers' to discuss Paramount and Skydance nearing merger deal and more.


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3 days ago - zacks.com

Jobless Claims Come in Higher Than Expected

Jobless Claims Come in Higher Than Expected.


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3 days ago - investorplace.com

Paramount (PARA) Stock Climbs as Merger Deal Nears Finish Line

Paramount (NASDAQ: PARA ) stock is getting a boost on Wednesday as the company is reportedly closing in on a merger deal with Skydance. Recent reports claim that Paramount is almost done with closing the deal with Skydance, which is its majority shareholder.


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3 days ago - investopedia.com

Paramount Jumps Amid Reports That Skydance Merger Is Back On

Paramount Global (PARA) shares are surging again in premarket trading Wednesday amid reports that its deal to merge with Skydance Media are back on after controlling shareholder Shari Redstone reportedly ended the discussions last month.


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3 days ago - investorplace.com

3 Streaming Stocks at Risk as Cancellations Soar

It turns out running a profitable streaming video service is not as easy as Netflix (NASDAQ: NFLX ) makes it look.  The industry leader reported first-quarter revenue of $9.4 billion, generating net profits of $2.3 billion.


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3 days ago - proactiveinvestors.co.uk

Paramount and Skydance renew merger talks with new bid

Overnight in the US, shares in media conglomerate Paramount Global (NASDAQ:PARA) lifted close to 8% after merger talks with Skydance Media resumed after the latter issued an improved offer.  Skydance, the independent studio created by David Ellison (son of Oracle's Larry Ellison), provided a rebuffed offer to attempt to secure the deal, months after Shari Redstone, who controls Paramount, ended the discussions abruptly, Financial Times reports revealed.


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3 days ago - nypost.com

Shari Redstone reaches preliminary deal to sell controlling stake in Paramount to Skydance Media for $1.75B

The media heiress reached a preliminary agreement to sell her controlling stake in Paramount Global to  Skydance Media – just weeks after she walked away from a deal between the two sides, according to multiple reports Tuesday.


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3 days ago - forbes.com

Paramount Reaches Tentative Merger Deal With Skydance—Stock Spikes 8%

Skydance Media and Paramount Global are back in merger negotiations, according to multiple outlets, sending Paramount shares up more than 8% as the two companies re-enter the deal-making process following scuttled takeover talks last month.


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3 days ago - deadline.com

Back In Business: Skydance And Shari Redstone Reach Terms On New Merger Proposal For Paramount

In a stunning reversal, David Ellison's Skydance Media and the Shari Redstone-controlled Paramount Global are back at the M&A altar. The companies have reached terms on a revised merger agreement for Redstone's National Amusements Inc.


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3 days ago - marketwatch.com

Paramount and Skydance are back on with a preliminary merger deal, WSJ reports

National Amusements, Paramount's controlling company, last month reportedly ended talks with Skydance.


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3 days ago - cnbc.com

Paramount shares pop 9% on news of preliminary Skydance Media deal

Paramount shares pop 9% on news of preliminary Skydance Media deal


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3 days ago - wsj.com

Skydance Reaches New Deal with Redstone's National Amusements

Skydance Media has reached a preliminary agreement to buy Shari Redstone's family company National Amusements and merge with Paramount Global PARA 5.72%increase; green up pointing triangle, rekindling deal talks that fizzled last month.