(Reuters) - Warner Bros Discovery is suing the National Basketball Association after it rejected the media giant's matching bid for broadcasting rights, CNBC reported on Thursday. The NBA on Wednesday rejected an offer from Warner's TNT sports division - ending their four-decade long partnership - and announced new rights agreements with Walt Disney's ESPN, Comcast-owned NBCUniversal and Amazon.com in an...

09:28 AM EDT, 07/25/2024 (MT Newswires) -- Arch Resources ( ARCH ) reported Q2 earnings Thursday of $0.81 per diluted share, down from $4.04 a year earlier. Four analysts polled by Capital IQ expected $1.73. Revenue for the quarter ended June 30 was $608.8 million, down from $757.3 million a year earlier. Four analysts surveyed by Capital IQ expected $562.3...

09:25 AM EDT, 07/25/2024 (MT Newswires) -- Cullen/Frost Bankers ( CFR ) reported Q2 earnings Thursday of $2.21 per diluted share, down from $2.47 a year earlier. Analysts polled by Capital IQ expected $2.07. Revenue for the quarter ended June 30, expressed as the sum of net interest income and noninterest income, was $528.8 million, up from $512.1 million a...

09:29 AM EDT, 07/25/2024 (MT Newswires) -- Electra Battery Materials Corporation ( ELBM ) was higher in US premarket trade on Thursday after it announced a new copper showing in proximity to its Iron Creek Project, and provided an update on its Idaho exploration activities. Among highlights, Electra's 2023 field program discovered a previously unknown copper surface showing, the Malachite...