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Max Knoblauch
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Versant climbs in its first quarter after spin-off, announces dividend and $1 billion stock buyback
Versant separated from Comcast earlier this year. Source: Sherwood News.
AutoZone dips on weaker-than-expected Q2 sales growth
AutoZone’s same-store growth swerved much lower than analysts had anticipated. Source: Sherwood News.
Archer reports deeper-than-expected Q4 loss
Archer Aviation reported its fourth-quarter results after the bell on Monday. Source: Sherwood News.
Paramount+ and HBO Max will combine, David Ellison says
It’s yet to be determined whether this merger will result in yet another new name for the HBO streamer. Source: Sherwood News.
Fears of increased global shipping costs add to Sony, Nintendo headaches
Both Nintendo and Sony ship their popular video game consoles using sea freight. Source: Sherwood News.
Archer teams up with Starlink to bring internet access to its Midnight air taxi
The announcement marks an “industry-first collaboration,” says Archer. Source: Sherwood News.
Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response
Paramount’s deal includes a clause stipulating that it would pay the $2.8 billion cancellation fee WBD could end up owing Netflix. Source: Sherwood News.
Apple and Netflix announce a Formula 1 content swap
Apple TV will allow Netflix to simulcast the F1 Canadian Grand Prix in May. Netflix, in turn, will allow Apple to carry its popular “Drive…
As Nvidia’s gaming results underwhelm, the company sees “very tight” quarters ahead
The company’s former golden goose gaming division booked $3.7 billion in revenue in the fourth quarter, 8% below Wall Street’s expectations. Source: Sherwood News.
Warner Bros. reports deeper-than-expected Q4 loss amid its bidding war
Warner Bros. reported its fourth-quarter earnings before the market opened on Thursday. Source: Sherwood News.