Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Leonardo DRS shares closed at $48.53 as trading showed mixed near-term momentum, renewing investor focus on how the defense contractor is valued after several years of strong performance.
THE APEX TIMES
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Lockheed Martin (LMT) ended the latest session down 1.52% to $540.33, despite gains in the broader market, according to market pricing reported by Yahoo Finance.
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Shares of Comcast ended the session at $24.50, up 2.21% from the previous close, moving above the overall market’s direction in the same period.
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The company’s shares finished the latest session at $240.87, up 1.07% from the prior day, according to Yahoo Finance.
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Nike’s stock closed down 2.24% to $44.93 in the latest session, underperforming market gains reported in the same market recap.
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The pharmaceutical company’s stock declined 2.41% on the day covered by the report, despite strength elsewhere in the market, the outlet said.
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The Trump administration’s Department of Justice has approved a proposed mega-merger involving Paramount Skydance and Warner Bros. Discovery, setting up a major reshuffle in Hollywood’s media landscape. Legal action at the state level could still disrupt or delay the deal.
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The shares ended the latest session at $116.98, a gain of 1.4% versus the prior close, according to Yahoo Finance data.
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The U.S. Justice Department concluded its review of Paramount Skydance’s planned acquisition of Warner Bros. Discovery is not expected to reduce competition or raise costs for viewers, according to a market report.
