STRZ News & Events

Byron Allen, who recently made a deal for a majority stake in an ailing BuzzFeed (BZFD), also covets a subscription video on-demand platform to pair with his assets and revealed to The Hollywood Reporter that his next target for a full takeover is Starz Entertainment (STRZ), according to Erik Hayden. "SVOD, subscription video on-demand, and AVOD, advertising video on-demand," Allen says. Allen is quoted as having said in an interview: "I want to control Starz - I am the second largest stockholder. I have a good relationship with Steve Mnuchin. He used to be my banker when he controlled OneWest Bank and I saw that he owned 11 percent, called him up and asked him if he wanted to hold on to it cause I had interest." When asked about the company's "poison pill," Allen is said to have added: "You have to ask them. But it doesn't matter. When I decide to buy the whole company - I will buy the whole company - I do plan on controlling Starz."

The major averages closed slightly higher despite a continued stalemate in U.S.-Iran negotiations and continued disruption around the Strait of Hormuz. Markets begin the week in the green as they look to build on six straight weeks of gains, with investors trying to reconcile resilient economic data, rising geopolitical risk and an AI trade that refuses to cool off.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:FoxreportedCircle Internetreportedand provided FY26 guidanceDream Finders HomesBeazer Homesfor $25.75 per shareMosaicreported, lowered its FY26 CapEx guidance, and withdrew its FY26 phosphate production guidancePresident Trump is set to travel to China this week,including Tesla'sElon Musk and Apple'sTim Cook2. WALL STREET CALLS:UBSDell Technologieson valuation after rallyUberto Outperform at Fox Advisors as investments start paying offWendy'sto Underweight at JPMorganStarz Entertainmentto Outperform at BairdWall Streeton two recent IPOs, Madison Airand Arxis3. AROUND THE WEB:Starbucksplans to lay off 61 corporate staff in its technology unit at its Seattle headquarters, Reuters reportsApollo Globalis in talks to sell MidCap Financial, WSJ reportsA Microsoftdata center site in East Africa has been delayed due to disagreements with the Kenyan government over guaranteed payments, Bloomberg reportsGeneral Motorswill pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers, Reuters saysAppleis working on a "slight redesign" for macOS 27 to address Liquid Glass issues, Bloomberg says4. MOVERS:Babcock & Wilcoxrises afterMonday.comhigher afterand providing guidance for Q2 and FY26Erascagains after entering into anand supply agreement with MerckCertarafalls afterTelephone & Data Systemslower after Raymond Jamesthe stock to Market Perform from Outperform5. EARNINGS/GUIDANCE:Seadrillprovided areport for Q1Townsquare MediareportedDolereported ain Q1 earningsKodiak Gas Servicesprovided areport for Q1LiquidiareportedINDEXES:The Dow rose 95.31, or 0.19%, to 49,704.47, the Nasdaq gained 27.05, or 0.10%, to 26,274.13, and the S&P 500 advanced 13.91, or 0.19%, to 7,412.84.

The major averages were slightly higher near noon despite another deterioration in U.S.-Iran negotiations and continued disruption around the Strait of Hormuz. Markets are starting off in the green after six straight weeks of gains, with investors trying to reconcile resilient economic data, rising geopolitical risk and an AI trade that refuses to cool off.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:FoxreportedCircle Internetreportedand provided FY26 guidanceDream Finders HomesBeazer Homesfor $25.75 per shareMosaicreported, lowered its FY26 CapEx guidance, andd withdrew its FY26 phosphate production guidanceSeadrillprovided areport for Q12. WALL STREET CALLS:UBSDell Technologieson valuation after rallyUberto Outperform at Fox Advisors as investments start paying offWendy'sto Underweight at JPMorganStarz Entertainmentto Outperform at BairdWall Streeton two recent IPOs, Madison Airand Arxis3. AROUND THE WEB:Apollo Globalis in talks to sell MidCap Financial, WSJ reportsA Microsoftdata center site in East Africa has been delayed due to disagreements with the Kenyan government over guaranteed payments, Bloomberg reportsGeneral Motorswill pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers, Reuters saysAppleis working on a "slight redesign" for macOS 27 to address Liquid Glass issues, Bloomberg saysA Frontier Airlinesplane hit and killed a trespasser who breached airport security and ran out onto a runway at Denver International airport late on Friday, WSJ says4. MOVERS:Babcock & Wilcoxrises afterMonday.comhigher after reportingand providing guidance for Q2 and FY26Erascagains after entering into an AURORAS-1 clinical trial andCertarafalls afterTelephone & Data Systemslower after Raymond Jamesthe stock to Market Perform from Outperform5. EARNINGS/GUIDANCE:Townsquare MediareportedDolereported ain Q1 earningsKodiak Gas Servicesprovided areport for Q1LiquidiareportedAgenusreported ain Q1 revenueINDEXES:Near midday, the Dow was flat at 49,610.87, the Nasdaq was up 0.33%, or 87.72, to 26,334.80, and the S&P 500 was up 0.33%, or 24.13, to 7,423.06.