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Formula 1 Stock Hits 52-Week High, Announces 11th Team With General Motors/Andretti Global After Max Verstappen's Fourth Straight Title
Monday, November 25, 2024 - 7:15pm | 1075Formula 1 is expanding with an 11th team joining the global motorsport for the 2026 season, naming General Motors (NYSE:GM) with Andretti Global. While the new team is still over a year away from starting, it will add an increased American presence to the sport and more competition for recent and...
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Tesla CEO Elon Musk Renews Call For Companies To Exit Delaware Before 'They Lock The Doors, As They Just Did With TripAdvisor'
Tuesday, February 13, 2024 - 4:16am | 695Tesla CEO Elon Musk is still smarting from the legal fallout that overturned his massive 2018 compensation plan, and on Monday, he expressed his frustration by urging companies to relocate out of Delaware. What Happened: Reacting to CNBC’s interview with former SEC Chair Jay...
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Atlanta Braves Shares Hit 52-Week High: Why Investors Should Know About Liberty Media's New Spinoffs
Thursday, November 17, 2022 - 7:03pm | 816A leading media holding company that owns several entertainment assets and sports-related companies is reclassifying its public companies, a move that could give investors a more direct way to own a professional sports team What Happened: There are only a handful of sports teams that are...
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Liberty Media CEO Says We Will Give Fans What They Want: A Baseball Season
Wednesday, July 22, 2020 - 4:10pm | 363The Major League Baseball season is back with many twists, but Atlanta Braves owner Liberty Media Corporation (NASDAQ: LSXMA) is committed to safely give "the fans what they want which is baseball," Liberty Media CEO Greg Maffei said on CNBC. What To Know: It's very important for...
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Warren Buffett's Berkshire Hathaway Boosts Liberty SiriusXM Stake
Thursday, June 4, 2020 - 9:40am | 624After Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) came under the spotlight for disclosing it sold stock in Delta Air Lines Inc (NYSE: DAL), Southwest Airlines Co (NYSE: LUV) and other airlines, Warren Buffett has made a few new, lesser-known investments. What’s Going On?...
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Keith Meister's Bullish Stance On Pandora 2.0
Friday, June 9, 2017 - 3:04pm | 345Activist investor Corvex Management has been heavily involved in Pandora Media Inc (NYSE: P) stock since last year and was likely disappointing with the stock's performance and the company's direction — until Friday. Pandora's stock hit a new multi-year low of $8.14 on Wednesday but the...
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SiriusXM And Pandora Reportedly In Talks; SunTrust Considers Potential Deal
Thursday, May 18, 2017 - 10:52am | 422Shares of Pandora Media Inc (NYSE: P) were trading higher by more than 6 percent Thursday morning after the company was named as a potential acquisition target. The New York Post reported after Wednesday's market close that Sirius XM Holdings Inc. (NASDAQ: SIRI) is in talks to acquire Pandora. A...
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Liberty Interactive: Zulily's Growth Trajectory Could Be Very Strong, Playing For Long-Term Value
Monday, August 17, 2015 - 1:08pm | 324Liberty Interactive Group (NASDAQ: QVCA) and Zulily Inc (NASDAQ: ZU) announced on Monday that the former has agreed to buy the latter for $2.4 billion, valuing Zulily at $18.75 per share. Greg Maffei, Liberty Interactive president and CEO, was on CNBC following the announcement to discuss this deal...