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Warner Bros. Discovery Stock Drops as Wall Street Reacts to Earnings and Lack of Guidance

Warner Bros. Discovery and its stock were in Wall Street’s focus Friday as analysts dissected its fourth-quarter and 2023 earnings report and management’s lack of outright 2024 guidance. Before the market opened, the Hollywood conglomerate reported that it managed to turn a profit for its direct-to-consumer unit, which houses its streaming business, for the full …
United States Peter Supino Doug Creutz David Zaslav Brian Wieser Michael Morris
Source: yahoo.com

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ITC may munch on Peak XV's 47% stake in Prataap Snacks; PE funds tapped too, ET Retail

ITC: Buyout funds KKR, TA Associates and Apax are among others that have been tapped since Peak XV initiated a plan to fully exit its nearly 13-year-old investment in Prataap and hired Deutsche Bank to sell the company. The transaction if successful will trigger an open offer for an additional 26% of the Indore-based company, which has been a laggard ever since its stock market debut in 2017 when it listed at a 33% premium. Prataap ended 1% down at โ‚น1,174.45 for a market value of โ‚น2,802.19 ...
Uttar Pradesh Madhya Pradesh Adani Wilmar Amit Kumat Deutsche Bank Ta Associates

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