latest news in companies
Prominent Investors Bet on Primo Brands Following Post-Merger Stock Drop
New York, Sunday, 6 September 2026.
Despite recent post-merger integration challenges dragging down its stock, hedge fund manager David Einhorn added Primo Brands to his portfolio, targeting an impressive 12% free cash flow yield by 2027.
Definium Therapeutics Advances Clinical Pipeline Amid Insider Selling and Institutional Interest
New York, Saturday, 5 September 2026.
Definium Therapeutics faces pivotal late-stage clinical trials for psychiatric treatments while managing insider share sales, despite strong backing from major institutional investors and bullish Wall Street analyst targets.
Public Media Broadcaster KQED Agrees to $900,000 Wage Theft Settlement
San Francisco, Saturday, 5 September 2026.
San Francisco public broadcaster KQED agreed to pay nearly $900,000 to resolve a class-action wage theft lawsuit covering over 580 hourly workers following alleged California labor law violations.
How Disney's Streaming Expansion Is Driving a FuboTV Turnaround
New York, Saturday, 5 September 2026.
FuboTV is mounting an impressive market recovery as it deepens ties with media giant The Walt Disney Company. Following its late-2025 merger with Hulu + Live TV, Disney secured a 70% majority stake in Fubo, transforming the live-streaming platform into a core element of its digital ecosystem. On July 10, 2026, former Disney+ head Alisa Bowen officially took over as Fubo’s Chief Executive Officer to streamline operations and leverage Disney’s extensive advertising network. Despite enduring heavy short-selling pressure, Fubo recently posted record quarterly revenue of $1.574 billion and targets at least $300 million in pro forma adjusted EBITDA by 2028. As macroeconomic headwinds re-evaluate growth stock valuations across the broader media landscape, Fubo’s deep integration into Disney’s infrastructure positions the platform for a significant operational and financial evolution.
