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Paramount Shares Jump On Sony, Apollo Bid: All Eyes On Shari Redstone To Decide Media Company's Future
Friday, May 3, 2024 - 1:02pm | 572Read More...Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) shares jumped Thursday and are trading higher Friday as a $26 billion bid from Sony Group Corp (NYSE:SONY) and Apollo Global Management (NYSE:APO) is now being considered by a special committee. Meanwhile, Skydance Media is holding exclusive talks with...
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Paramount, Skydance Deal Could Be 'Home Run' For Shari Redstone, Loss For Shareholders, Investor Warns
Monday, April 8, 2024 - 2:23pm | 902Read More...A potential merger between media companies Skydance and Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) has dominated headlines and could see further consolidation in the media sector. One shareholder of Paramount Global is calling out the merger efforts, which could provide cash to Shari Redstone and...
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Matrix Asset Advisors' Analyst Likes Symantec Corporation
Monday, September 22, 2014 - 3:06pm | 115Read More...In an interview on CNBC, Jordan Posner of Matrix Asset Advisors said that Symantec Corporation (NASDAQ: SYMC) is a terrific stock to own. It is in the antivirus and security space, which has a lot of potential. Posner added that changes are taking place in the company, including significant...
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Buy Western Union and Dell (WU, DELL)
Tuesday, July 27, 2010 - 10:40am | 133Read More...David Katz, chief investment officer of Matrix Asset Advisors, is of the view that earnings season will maintain its positive tilt. In an interview with CNBC, he said that about 80 percent of companies that have announced their earnings so far have managed to beat expectations. He said, “We focus...
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Banking Sector To Do Well: Fund Manager Tells CNBC (BAC, JPM)
Wednesday, March 10, 2010 - 8:30am | 131Read More...The financial sector has emerged to be the best performing segment. Talking with CNBC, David Katz, chief investment officer at Matrix Asset Advisors, said that the financial sector is expected to keep up its positive performance. Katz said that the valuations for the banks and financial...
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Matrix Asset Advisors Is Bullish On The Overall Market In 2010 (DELL, BAC, CVX, PG, WMT, JPM, AA)
Thursday, January 14, 2010 - 6:06pm | 208Read More...David Katz of Matrix Assets Advisors said on CNBC that the equity market will perform well in 2010. His favorite sectors are technology, energy and the select financial sector, but he also believes that the overall market will grow too. Problematic sectors might be regional banks and commercial...
