Andrew Bary
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Skydance Sets Ambitious Financial Targets. What It Must Overcome.
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Berkshire buys $190 million more Lennar stock; it now owns 12% of big homebuilder
Berkshire Hathaway bought 2.4 Home Builder more shares of Lennar on Thursday and Friday and now owns a 12% stake in the big home builder, worth around $2.2 billion. A Form 4 filing with the Securities and Exchange Commission that was made public around 9 p.m. ET on Monday showed that Berkshire now holds 29 Home Builder of Lennar's class A and supervoting B shares.
Paramount will be risky after Warner deal; Disney, Netflix look like better bets
Paramount Skydance faces a tough task making its $110 billion acquisition of Warner Bros. Discovery work after the deal closes Tuesday. For investors partial to the out-of-favor entertainment business, industry leaders Disney and Netflix look like better bets. Disney and Netflix have somewhat higher valuations, but better businesses, more favorable outlooks, and stronger balance sheets.
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