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PARR News30 articles
Sky Quarry Stock Surges on Record Trading Volume Ahead of Refinery Restart
Sky Quarry shares surged 34.4% on heavy trading volume, far exceeding the company's total outstanding shares, as speculation builds around a planned refinery restart in Nevada.
Nutrien Shares Pare Losses as Belarus Potash Deal Lacks Key Details
Nutrien shares pared early losses after a proposed U.S.-Belarus potash deal lacked commercial terms. The stock traded at $75.52, down 2.04%.
WBD Stock Surges to Within 1.4% of Paramount's $31 Buyout Price
WBD stock rallied 9.95% to $30.565, leaving just 1.4% upside to Paramount's $31 cash offer. California settlement talks and a ticking fee support merger optimism.
Paramount Skydance Jumps on $1.5B California Deal Talks
PSKY jumps 6.4% premarket as Reuters reports advanced talks for a $1.5B California production commitment, potentially averting $7M daily penalties.
Paramount Skydance Dips 3.9% Despite FCC Foreign Ownership Approval
PSKY shares dropped 3.9% despite FCC approval of foreign ownership, as antitrust case and deal risks weigh. Trading volume surged 6.5x average.
Stingray Radio Revenue Dips 6.5% in Fiscal Q1; VOCM Parent Sees Ad Weakness
Stingray Group's radio revenue fell 6.5% in fiscal Q1 to C$32.0M, with local ad sales weak. VOCM parent's stock slipped 2.9% to C$15.19.
Buc-ee's and Mickey's Settle Trademark Dispute; $850K Award Was Separate Case
Buc-ee's and Mickey's parent Coles IP settled their trademark dispute confidentially on Sept. 15. The widely cited $850,000 award belongs to a separate case, and no financial terms were disclosed.
Christmas Central Parent Gordon Companies Files Chapter 11
Gordon Companies, parent of Christmas Central, filed Chapter 11 amid seasonal peak, with liabilities up to $50M, planning to continue operations.
Paradium.AI Shares Halted After 271% Surge on $1B Roundtable Pact
Paradium.AI shares were halted after a 271% surge to $3.34 as a $1B Roundtable agreement awaits $89M funding. Trading remains suspended pending details.
Ruger Shares Lag Tender Offer as Beretta's Partial Bid Caps Upside
Ruger (RGR) shares trade at $40.08, well below Beretta's $44.80 partial tender price, as investors weigh proration and residual risk.
Bipartisan Plan to Lift Social Security Wage Cap Could Add $19,561 Tax for $500K Earners
A bipartisan proposal to eliminate Social Security's wage cap would add $19,561 in annual taxes for $500,000 earners, with employers paying the same. The plan aims to extend trust fund solvency but faces hurdles.
Clearlake Capital Assumes Full Control of Chelsea as Boehly Departs
Clearlake Capital takes full control of Chelsea FC by acquiring Boehly's and Walter's stakes. Wyss remains a minority partner. Valuation undisclosed.
Datavault's $100M Order Sparks Skepticism as Shares Slide 19%
Datavault AI's $100M purchase order for QEST tokenization services fails to impress investors, as shares tumble 19% on concerns over revenue recognition and lack of specifics.
Apollo's Black Faces House Contempt Step; Firm Separated
Leon Black faces a House contempt markup, but Apollo's exposure is indirect. The firm is operationally separate, though shareholder suits and reputational risk remain.
MEEZA's Landmark $275M Hyperscaler Lease Sparks 10% Share Surge
MEEZA's QAR 1B hyperscaler lease, 4.6x H1 revenue, drove shares up 10%. But terms, start date, and margins remain undisclosed.
X Platform Stability Questioned as Outage Reports Surface; SPCX Investors Eye Transparency
Independent monitors show no widespread X outage, but the lack of official status updates keeps reliability a key risk for SPCX investors.
CrowdStrike Expands QuiltWorks Partner Network, Revenue Impact Unclear
CrowdStrike expands QuiltWorks to 10 new partners, boosting channel reach but not monetization clarity. Investors await ARR proof.
Paramount's $21.2B Exit Study: A California Tale, Not a PSKY Valuation Hit
A new economic study estimates California could lose up to $21.2B annually if Paramount Skydance relocates, but that figure is a regional impact model, not a forecast of PSKY's financials.
LaCroix Parent FIZZ: Aluminum Costs Bite Into Q1 Profits
National Beverage's Q1 profit fell 15.7% despite flat sales, as aluminum costs hit gross margin by 600 basis points. The company sees order rebound and new flavor launch.
Nu Holdings Stock Dips 3.7% on U.S. Debut: Partner-Bank Strategy Sparks Investor Caution
Nu Holdings (NU) shares dropped 3.7% on its U.S. launch as investors await clarity on acquisition costs and partner economics. The fintech's partner-bank model expands reach but leaves key metrics undisclosed.
ACVA Jumps 44% on Copart Buyout; Deal Spread Narrows to 0.62%
ACVA stock jumped 44.5% to $10.43 after Copart's $10.50/share cash bid. The tiny remaining spread reflects high deal confidence, but risks remain.
Copart Surges on $1.9B ACV Acquisition, EPS Slump Overlooked
Copart (CPRT) rallied 8% after hours as the $1.9B ACV Auctions acquisition overshadowed a 14.6% EPS decline, signaling a strategic pivot into digital dealer wholesale.
Adobe's AI Growth Sparks Investor Skepticism Despite Strong Earnings
Adobe beat Q3 targets and raised guidance, but shares fell 2.2% as investors weighed explosive AI ARR growth against modest overall growth.
Samsung AI Push Gains Momentum with OpenAI and Mistral Partnerships
Samsung's AI chip efforts expand via OpenAI and Mistral, yet revenue impact remains unclear. Shares rose slightly.
Paramount Shares Slide 5.4% as Bond Demand in WBD Deal Intensifies
Paramount shares fell 5.4% to $10.22 as it renewed a $1.88B bond request in the WBD acquisition fight. The legal battle over deal timing is escalating.
Anthropic Safety Exit Sparks $2 Trillion Valuation Scrutiny
Anthropic researcher Jacob Coxon resigns over AI safety, raising concerns as the company eyes a $2 trillion IPO valuation. Amazon and Alphabet face exposure.
ServiceTitan Stock Plunges 20% on Weak Guidance and CRO Departure
ServiceTitan (TTAN) shares dropped ~20% in extended trading after Q2 beat but weak Q3 guidance and CRO departure. Revenue growth slowed to 21%, GTV growth to 17%.
TD Faces AML Cost Test as CEO Prepares Summit Remarks
TD shares fall 1.2% before CEO Raymond Chun's summit appearance, as investors weigh a US$550M AML bill against strong Q3 earnings and capital levels.
Paramount's 11th Bond Extension Highlights Growing Merger Costs
Paramount extends its WBD bond offers for the 11th time, with ticking fees potentially adding $1.2 billion to the deal cost.
Manchester United's Transfer Gap Widens as Overy Departs
Manchester United (NYSE:MANU) confirmed James Overy's exit to Sydney FC, leaving the club's £110.4M summer transfer gap unchanged. The move is a development deal, not a cash boost.