Category: Bros
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Warner Bros Discovery Stock Could Outperform Next Month
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Warner Bros. Discovery (NASDAQ:WBD) The stock last saw a 1% rise to trade at $10.62, and looks to close out the month and quarter with strong gains. On a yearly basis, WBD performed poorly, falling 6.2% versus a 23.7% gain in 2024 for the S&P 500 (SPX). However, this underperformance…
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Berry Bros & Rudd families warn inheritance tax changes threaten legacy of historic wine business
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The Berry and Rudd families, owners of prestigious London wine merchant Berry Bros & Rudd, have raised concerns about recent inheritance tax reforms which could threaten the future of their 376-year-old business. The Labor government’s proposed 50% cut in commercial property relief – which allows family-owned businesses to pass on…
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Warner Bros. Discovery tanks after massive impairment charge, Wall Street says ‘unlikely’ things can get worse
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Warner Bros. Discovery (WBD) shares fell about 12% in early trading Thursday after the company reported disappointing second-quarter earnings on Wednesday that missed expectations on both the top and bottom lines. The company took a massive $9.1 billion impairment charge related to its television networks unit following the loss of…