An amended proxy suggests that a vote on the Netflix (NFLX) deal for Warner Bros (WBD) could come in the first few weeks of March, CNBC's Faber reports
The report about a potential vote on Netflix's deal for Warner Bros indicates a significant milestone for the transaction, likely impacting investor sentiment around both companies.
US ISM Manufacturing Employment (Jan) 48.1 (Prev. 44.8, Rev. From 44.9)
US EQUITY OPEN: Indices open the week firmer as ORCL reverses initial pre-market weakness
An amended proxy suggests that a vote on the Netflix (NFLX) deal for Warner Bros (WBD) could come in the first few weeks of March, CNBC's Faber reports
Canadian S&P Global Manufacturing PMI (Jan) 50.4 (Prev. 48.6)
Kazakhstan's Tengiz oilfield production is expected to reach 430k BPD by the 4th February
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If the vote occurs as suggested, it could lead to increased volatility in their stock prices as traders position for either a successful outcome or unforeseen delays. Keep an eye on market reactions, especially if related firms in the media sector begin to exhibit unusual price movements ahead of this potential catalyst.
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