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Why Amazon is buying MGM for nearly $9 billion - Los Angeles Times

Amazon said it will buy MGM, acquiring popular franchises including 'James Bond' and 'The Pink Panther.'

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(AMC), Gamestop Corporation (NYSE:GME) - AMC Entertainment CEO Takes To Social Media To Connect With New-Found Backers, The Retail Investors

(AMC), Gamestop Corporation (NYSE:GME) - AMC Entertainment CEO Takes To Social Media To Connect With New-Found Backers, The Retail Investors
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Stock futures rally as Merger Monday produces over $9B in deals

U.S. stocks rose Monday putting the major averages on track for their first weekly advance in three.

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What to Watch Today: Stocks Set to Rise After Last Week s Bitcoin-Driven Swings

Ten years to the day since CNBC s Mark Haines died, the network is honoring him by auctioning an NFT of his historic market call at the depths of the Great Recession. Proceeds from the auction will go to Autism Speaks and to the Council for Economic Education. IN THE NEWS TODAY Daily new Covid cases in the U.S. have dropped to their lowest level in 11 months as the nation prepares for the long Memorial Day weekend, the unofficial start of the summer travel season. The seven-day average of initial infections was 25,270 as of Sunday, according to data compiled by Johns Hopkins University. (CNBC)

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Stocks Making the Biggest Moves in the Premarket: Virgin Galactic, Moderna, AMC Entertainment & More

Martin Marietta Materials (MLM) – Martin Marietta struck a deal to buy the California and Arizona assets of Germany s HeidelbergCement for $2.3 billion in cash. The construction materials company will acquire 17 quarries and two cement plants as part of the deal, among other assets. Cabot Oil & Gas (COG) – Cabot and rival oil and natural gas producer Cimarex Energy (XEC) agreed to an all-stock merger of equals valued at $7.35 billion. Cimarex shareholders will receive a little over four shares of Cabot for each share they now own. Cabot shares added 1.9% in premarket trading, while Cimarex stock was up 0.4%. CureVac (CVAC) – The drugmaker is working to expand production capacity for its Covid-19 vaccine in anticipation of a June European Union approval, according to a company spokeswoman quoted in a German newspaper.

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