August 8, 2023
“Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday as it reported earnings that topped Wall Street estimates… Paramount executives said during Monday’s earnings call that the proceeds… Continue Reading…
September 11, 2020
“U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal to rescue the embattled department store chain J.C. Penney from bankruptcy, avoiding a total liquidation and saving about 70,000 jobs and 650 stores, Joshua Sussberg of the… Continue Reading…
September 11, 2020
“Here are 7 undervalued stocks to buy: Carnival Corporation (NYSE:CCL) ViacomCBS (NASDAQ:VIAC) Enel Americas (NYSE:ENIA) Allstate (NYSE:ALL) Simon Property Group (NYSE:SPG) Wells Fargo (NYSE:WFC) Flowserve (NYSE:FLS) These stocks have favorable valuations from a price-earnings (P/E) ratio measure. They trade at reasonable levels today, but have prospects that… Continue Reading…
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