- AMC Networks Inc (NASDAQ:AMCX) appointed former Showtime Networks Inc’s Matthew Blank as the interim CEO effective September 8. The company had initiated a search for a permanent CEO.
- CEO Josh Sapan transitioned to the role of Vice-Chairman after 26 years in the position.
- Sapan is credited for AMC’s transformation, pitting it against streaming powerhouses like AT&T Inc’s (NYSE:T), HBO, and Netflix Inc (NASDAQ:NFLX), Bloomberg reports.
- AMC Networks also fueled takeover speculations due to its relatively small size in a consolidating media landscape.
- AMC Networks reported a Q2 beat this month.
- Price Action: AMCX shares traded lower by 1.03% at $48.82 on the last check Tuesday.
Descartes Systems Reports SIG plc Is Using Co.’s Solution Suite, No Terms Disclosed
Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announces that SIG plc, a leading European supplier of specialist building materials, is using its
