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UCOMA News

Russell Rebalancing Felt Far and Wide

The ripple effect was extreme, and many unrelated stocks got hit.

Starz Dimming at Liberty Media

The media conglomerate's domestic movie channels face an unexpected upswing in programming costs.

Liberty's Malone Chimes In With Rerun Plan

The high-powered cable executive aims to recreate the TCI experience of years past, but in Europe.

Liberty Sets Spinoff

The media holding company will put its international segment in a separate company.

Liberty Focusing on Flexibility

The big media conglomerate plans to eliminate what it calls distortions on its balance sheet.

Breaking News

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

Playtika Stock Slumps After Joffre Capital Takes 25.7% Stake Online Casino Gaming Group

Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.