New ownership dedicated to furthering the Lakers’ legacy of excellence while expanding its positive impact in innovation and community LOS ANGELES--(BUSINESS WIRE)-- Following unanimous approval from the NBA Board of Governors, Mark Walter has finalized his acquisition of a majority stake in the Los Angeles Lakers. “The Los Angeles Lakers are one of the most iconic franchises in all...

Fox Corp. ( FOXA ) shares rose after the media company posted stronger-than-expected fiscal first-quarter 2026 results on Thursday, fueled by gains in advertising and streaming. Revenue rose 5% year over year to $3.74 billion, up from $3.56 billion in the same period last year, topping Wall Street's consensus estimate of $3.57 billion. Adjusted net income increased to $686 million,...

12:14 PM EDT, 10/30/2025 (MT Newswires) -- Chewy (CHWY) said Thursday that it signed a definitive deal to acquire SmartEquine from Covetrus through an all-cash transaction. No financial details were provided. Chewy said it plans to finance the deal with its existing balance sheet and expects to close the acquisition in its fiscal Q4 period. The acquisition is expected to...

Oct 30 (Reuters) - MEG Energy ( MEGEF ) paused the shareholder meeting to vote on the Cenovus Energy ( CVE ) takeover bid on Thursday, to address a regulatory inquiry it received on Wednesday evening. Board chair James McFarland said there would be a recess and the meeting would now be held at 4:00 p.m. ET, which was earlier...