German stocks lead European gains after Merz secures support for historic debt reform
European stocks saw a rally, led by German equities, after political parties in Germany agreed on increased state borrowing.
Universal Music Group Shares Fall Nearly 9% on Pershing Square Stock Sale
Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall amid a market tumble.
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...
Communications Services Up Sharply on Return to Beaten-Down Sectors -- Communications Services Roundup
Communications services companies rose sharply, as traders bought back into some of the sectors most beaten down in the recent stock-market correction. Shares of Universal Music Group fell after hedge ...