10:43 AM EDT, 09/30/2024 (MT Newswires) -- PepsiCo ( PEP ) is expected to face persistent weakness in its North America snacks and beverages businesses in 2024 and 2025, BofA Securities said Monday. The beverage and snacks company is now expected to report 2024 earnings of $8 per share on revenue of $92.52 billion, compared with previous expectations of $8.10...

09:50 AM EDT, 09/30/2024 (MT Newswires) -- EchoStar ( SATS ) agreed to sell its video distribution business, which includes Dish TV and Sling TV, to satellite television provider DirecTV in a debt-exchange transaction, the companies said Monday. DirecTV will pay a nominal consideration of $1 to buy the business, called Dish DBS, and assume roughly $9.75 billion of its...

EchoStar Corp ( SATS ) shares are trading lower. The company on Monday announced that DirecTV will acquire its video distribution business. What Happened: EchoStar ( SATS ) and DirecTV entered into a definitive agreement in which DirecTV will acquire EchoStar’s video distribution business, including DISH TV and Sling TV, through a debt exchange transaction. “This agreement is in the...

09:55 AM EDT, 09/30/2024 (MT Newswires) -- Carnival (CUK, CCL) reported fiscal Q3 adjusted earnings Monday of $1.27 per share, up from $0.86 a year earlier. Analysts polled by Capital IQ expected $1.15. Revenue for the quarter ended Aug. 31 was $7.90 billion, up from $6.85 billion a year earlier. Analysts surveyed by Capital IQ expected $7.82 billion. For fiscal...