Moving to a pure-play model could heighten interest in the media giant’s stock, which is already trading at a discount.

Communications services companies fell as traders fled risk. The parent company of President Trump's Truth Social platform Trump Media & Technology Group is looking for companies that would benefit ...

US Cellular agreed to sell its wireless operations and about 30% of its spectrum licenses to T-Mobile in May 2024. The firm subsequently reached agreements to sell an additional roughly 35% of its ...

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The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.