Harbour Energy Buys Wintershall Dea Upstream Assets for $11.2 Billion 
 

Harbour Energy said it would buy most of the upstream assets of oil-and-gas producer Wintershall Dea for $11.2 billion from its shareholders BASF and LetterOne.

 
Carnival Stock Is Rising on Record Revenue and Strong Demand 
 

The cruise line posts a better-than-expected fiscal fourth quarter, including highest-ever revenue for the period, and notes bookings are strong.

 
CarMax Stock Is Soaring. Buybacks Resumed, and Earnings Beat. 
 

Used-car retailer CarMax resumed stock repurchases after pausing for a year. Third-quarter earnings topped views, but sales came in light.

 
Paychex Stock Is Worst S&P 500 Performer After Mixed Earnings Report 
 

Shares of the payroll services company are on track for their worst day in more than three years.

 
For Warner-Paramount, Streaming Consolidation Is Easier Said Than Done 
 

In the current Hollywood rumor mill, one thing remains certain: Streaming consolidation will be a lot easier said than done.

 
Tesla Probed by Norwegian Roads Agency Over Suspension Failures 
 

Tesla faces another potential recall after Norway's traffic-safety regulator launched an inquiry into suspension failures, the latest blow to hit the EV maker after it recalled 2 million vehicles earlier this month over problems with its driver-assistance system.

 
Why Peacock Is Giving Fans a Taste of the NFL Without Commercials 
 

The streamer is expecting a lot of new viewers and wants to give them an experience that will persuade them to become paying subscribers.

 
Bezos' Rocket Startup and Cerberus Compete to Buy SpaceX Rival 
 

Blue Origin and Cerberus made buyout bids for a rocket-launch venture owned by Boeing and Lockheed Martin.

 
Wells Fargo Workers in Albuquerque Vote to Form Union, a First for a Megabank 
 

Workers voted 5-3 in favor of unionizing, and those in other branches have said they intend to hold votes. An Alaska branch is expected to vote Thursday.

 
Nike Earnings Likely Won't Be Stellar. Analysts Are Still Excited About the Stock. 
 

Analysts believe second-quarter revenue growth will be muted. 2024 could be much better.

 
 

(END) Dow Jones Newswires

December 21, 2023 15:15 ET (20:15 GMT)

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