Stock Movers

On this episode of Stock Movers:- Warner Bros Discovery shares are up 3.9% in premarket trading after Larry Ellison agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount. Paramount Skydance rises 3.1%, while Netflix ticks 0.4% higher.- Nelson Peltz’s Trian Fund Management and General Catalyst agreed to buy asset manager Janus Henderson Group (JHG) for about $7.4 billion. Shareholders will receive $49 a share in cash, up from $46 a share that the investors offered in October, according to a statement Monday. Trian already owns 20.6% of Janus Henderson’s shares.- Shares of Newmont (ASX:NEM) rose over 5% in recent trade and reached their all-time peak in recent trading on the Australian bourse on Monday after gold touched a fresh record on expectations of US rate cuts.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Warner Bros. Discovery (WBD) moved higher ahead of the US market open as Paramount Skydance Corp. sweetened its bid for WBD, including offering a personal financial guarantee by Oracle Corp. Chairman Larry Ellison, as it seeks to beat out a rival bid from Netflix Inc. Ellison has agreed to personally guarantee $40.4 billion in equity financing for Paramount’s proposed $108.4 billion offer for Warner Bros., according to a statement Monday. Ellison, whose son David Ellison is chief executive officer of Paramount, agreed not to revoke the Ellison family trust.- Shares of Rocket Lab (RKLB) climbed in early trading after the company won a US Space Force contract to design and build 18 satellites, marking the company’s largest single contract to date. The deal includes additional subsystem opportunities that could take the contract's total value to about $1 billion.- Shares of Clearwater Analytics (CWAN) rallied in premarket trading as a group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater in a deal valuing the investment and accounting software maker at $8.4 billion including debt. Clearwater investors would get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is roughly 10% higher than the stock’s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg reported the two buyout firms were in talks to buy it.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Netflix (NFLX) has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery Inc.The streaming giant secured a $5 billion revolving credit facility and two $10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros. bid, according to a filing on Monday. That leaves $34 billion for syndication. - Shares of Clearwater Analytics (CWAN) rallied in premarket trading as a group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater in a deal valuing the investment and accounting software maker at $8.4 billion including debt. Clearwater investors would get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is roughly 10% higher than the stock’s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg reported the two buyout firms were in talks to buy it. - Shares of Datavault AI (DVLT) soared ahead of the US market open after the company announced the issuance of two U.S. patents supporting its push into AI-powered data monetization and blockchain-based content licensing. The patents, which enable automated smart contract enforcement and tokenized royalty distribution, bolster the company’s position in the $369 billion global content licensing market.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- BHP and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.- Dairy makers are being hit after news that China will impose preliminary anti-subsidy duties of 21.9% to 42.7% on certain dairy products imports from the European Union from Dec. 23, according to a Ministry of Commerce statement.- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Telecom Italia’s board approved a proposal to convert the company’s savings shares into ordinary stock and to reduce its share capital, moving toward a long-delayed change that would simplify its capital structure.- Fresnillo and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.See omnystudio.com/listener for privacy information.