Discovery CEO David Zaslav delivered another fusillade of optimism surrounding the company’s pending merger with WarnerMedia during a conference call with Wall Street analysts. The companies announced the $43 billion deal in May, and management teams at both companies continue to estimate it will gain regulatory approval by next summer. “We are focused on one thing and one thing only,” Zaslav […]

Despite a reasonable set of second-quarter results, many of the top money center and regional banks sold off some or just held their ground. The reality for growth investors is that many of the top U.S. banks are looking like solid value plays now, and with the seasonal slippery slope for stocks right around the corner, it may make sense […]

After ending the previous session modestly higher, stocks may move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 114 points. Traders may look to cash in on some of the recent strength in the markets, although trading activity is likely […]

Sanofi, Translate Bio developing potential COVID-19 vaccine      Offering $38/share for Translate Bio      Offer gives Translate Bio a $3.2 billion equity value In this article SAN-FR TBIO Sanofi has agreed to buy U.S. biotech company Translate Bio in a $3.2 billion deal, as it bets onnext-generation mRNA technology after setbacks in the COVID-19 vaccine race, confirming a Reuters exclusive […]

The order, which will remain in effect until at least Sept. 1, directs residents to wear masks in public indoor settings regardless of their vaccination status and encompasses students from kindergarten to college. Louisiana joins Nevada as the only states with updated mask mandates, though Nevada's order only applies to counties with high transmission rates. Data from Johns Hopkins University […]

David Simon continues to be the ultimate brick-and-mortar believer — and is more invested than ever.   The mall giant, who leads Simon Property Group as chairman, chief executive officer and president, held court on a conference call with analysts on Monday after turning in stronger second-quarter results.  Simon said the lockdown lease fights with most retailers have died down and […]

NEW YORK (Reuters) – Cryptocurrency investment products and funds posted outflows for a fourth consecutive week, the bulk of which came from bitcoin products, which also experienced its fourth straight weekly outflow, data from digital asset manager CoinShares showed on Monday.A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration/FilesCrypto outflows […]

Henry Fernandez is chairman and CEO of MSCI. The opinions expressed in this commentary are his own. The coronavirus pandemic, which left so much destruction in its wake, revealed the depths of human resiliency and ingenuity. Seemingly overnight, many of the world’s largest, most complex organizations underwent radical transformations in order to rise to the challenge. People across the globe […]