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09.06.26 - 19:12
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Netflix Rewarded Patient Investors But the Last 12 Months Exposed Two Potential Outcomes (24/7 Wall St.)
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From DVD Disruptor to Streaming Incumbent A decade ago, Netflix (NASDAQ: NFLX) was still proving streaming could scale globally. Since then, the company has launched hit originals in dozens of languages, weathered a brutal 50.64% drawdown in 2022 after losing subscribers, then re-accelerated through a password-sharing crackdown, an ad-supported tier, and live events like NFL ... Netflix Rewarded Patient Investors But the Last 12 Months Exposed Two Potential Outcomes...
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09.06.26 - 17:36
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Melco Announces Extension of Maturity Date of Revolving Credit Facilities and Establishment of Incremental Facility (GlobeNewswire EN)
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MACAU, June 09, 2026 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today announces that the maturity date of its HK$15,237,500,000 (equivalent to approximately US$1.94 billion) revolving credit facility (the “2020 Credit Facilities”) has been extended from April 29, 2027 to June 9, 2031 and an incremental facility of HK$6,438,775,000 (equivalent to approximately US$821.6 million) has been established under the terms of the 2020 Credit Facilities such that the total commitments under the 2020 Credit Facilities is HK$21,676,275,000 (equivalent to approximately US$2.77 billion)....
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09.06.26 - 17:18
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UK watchdog to look at Paramount′s $110bn takeover of Warner Bros Discovery (The Guardian)
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Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance's $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises including Superman, Batman and Top Gun, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession. Continue reading......
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09.06.26 - 16:36
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JM Smucker Moves on Profit Beat; Vail Resorts Down on Full Year Guidance Cut | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- Nuvalent (NUVL) shares are higher on news GSK agreed to buy Nuvalent for $10.6 billion, securing a US biotech firm developing treatments for lung cancer.
- JM Smucker (SJM) shares are on the move after it posted fourth-quarter profits that beat Wall Street expectations as higher prices helped boost the packaged food company.
- Vail Resorts (MTN) is dropping after the ski resort operator cut its net income guidance for the full year, attributing the reduction to “historically challenging” weather conditions in the western US. The guidance missed the average analyst estimate. (Source: Bloomberg)...
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