Endeavor Closes Acquisition Of OpenBet From Light & Wonder For About $800 Mln

Endeavor Group Slips To Loss In Q1

Endeavor Group Holdings, Inc. (EDR) on Thursday reported a net loss attributable to the company of $137.34 million or $0.46 per share, compared to net income of $8.03 million or $0.03 per share in the prior-year quarter.

RTTNews | 252 days ago

Endeavor Seeks Alternatives; Investor Silver Lake Considers Taking It Private

Endeavor Group Holdings, Inc. shares were gaining around 22 percent in pre-market activity on the NYSE after its major investor Silver Lake said it is considering taking the sports and entertainment company private. Silver Lake, the owner of around 71 percent of the voting power of Endeavor, was responding to Endeavor's announcement that it has initited a formal review to evaluate strategic...

RTTNews | 448 days ago

Endeavor, WWE To Form New Global Sports And Entertainment Brands: UFC And WWE

Sports and entertainment company Endeavor Group Holdings, Inc. (EDR) and media company World Wrestling Entertainment, Inc. (WWE) announced Monday that they have signed a definitive agreement to form a new, publicly listed company consisting of two iconic, complementary, global sports and entertainment brands: UFC and WWE.

RTTNews | 654 days ago

U.S. Housing Market Index Unexpectedly Inches Up To Nine-Month High In January

Reflecting hopes for an improved economic growth and regulatory environment, the National Association of Home Builders released a report on Thursday unexpectedly showing a modest improvement by U.S. homebuilder confidence in the month of January. The report said the NAHB/Wells Fargo Housing Market Index crept up to 47 in January from 46 in December.

RTTNews | 6h 36min ago

Philly Fed Index Skyrockets To Highest Level Since April 2021

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial turnaround by regional manufacturing activity in the month of January. The Philly Fed said its diffusion index for current general activity skyrocketed to a positive 44.3 in January from a negative 10.9 in December, with a positive reading indicating growth.

RTTNews | 6h 51min ago

U.S. Import Prices Inch Up 0.1% For Third Straight Month In December

Following yesterday's more closely watched report on consumer price inflation, the Labor Department released a report on Thursday showing import prices in the U.S. crept up in line with estimates in the month of December. The Labor Department said import prices inched up by 0.1 percent in December, matching the upticks seen in November and October as well as expectations.

RTTNews | 6h 55min ago

U.S. Retail Sales Rise 0.4% In December, Less Than Expected

The Commerce Department released a report on Thursday showing retail sales in the U.S. increased by less than expected in the month of December. The report said retail sales rose by 0.4 percent in December after advancing by an upwardly revised 0.8 percent in November. Economists had expected retail sales to climb by 0.6 percent.

RTTNews | 7h 2min ago

U.S. Weekly Jobless Claims Rebound From Nearly Eleven-Month Low

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended January 11th. The Labor Department said initial jobless claims climbed to 217,000, an increase of 14,000 from the previous week's revised level of 203,000. Economists had expected jobless claims to rise to 210,000.

RTTNews | 7h 7min ago

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