Bloomberg Deutsche Bank’s Nightmare Decade Is Gone, But Not Yet Forgotten (Bloomberg) — On the day before one of the biggest margin calls in history, Deutsche Bank AG chief Christian Sewing joined an urgent meeting with a not-unfamiliar message: there was a problem, and billions of dollars were at stake.But as executives on the late-March call briefed him on the bank’s exposure to Archegos Capital Management, this time it wasn’t all bad news. Risk managers had been concerned by the… Source link
Read More »Why AT&T’s stock is getting smashed after mega media deal with Discovery
Wall Street is slicing and dicing the investment thesis on AT&T following its blockbuster sale of WarnerMedia to Discovery on Monday, and is coming to the conclusion there is really no reason to be optimistic on the stock in the medium-term. Shares of the soon-to-be telco plunged as much as 7% in Tuesday trading as investors questioned the long-term outlook for the company. “For AT&T investors, while we view this transaction, and the February announcement that it would sell DirecTV, as… Source link
Read More »Discovery with AT&T’s media assets will put pressure on Netflix, others: analyst
The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link
Read More »Discovery Pops On Reports AT&T’s WarnerMedia May Merge With It
Axios AT&T spins off WarnerMedia, forming new media behemoth with Discovery AT&T and Discovery have agreed to create a joint venture that would house WarnerMedia’s premium entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses, the companies announced Monday.Why it matters: It’s a major course correction by AT&T. The deal essentially confirms shareholder fears that the company’s $85 billion merger with Time Warner three years… Source link
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