Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.
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Constellation Brands moves itself further away from cannabis grower Canopy Growth’s business
Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further wash its hands of the struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in the pot company several years ago.
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Jabil’s stock declines as CEO Kenny Wilson goes on paid leave pending an investigation
The company says the investigation is related to company policies but not financial statements or reporting.