32.30 0.00 (0.00%)
After hours: 7:33PM EDT
|Bid||32.05 x 1200|
|Ask||32.30 x 1400|
|Day's Range||31.70 - 32.51|
|52 Week Range||15.99 - 34.06|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 8, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.88|
Actor Tom Cruise is as enigmatic as the U.S. stock market. Warning! GuruFocus has detected 5 Warning Sign with BRK.B. Click here to check it out. As a result, the money in the stock market has flowed to the exchange-traded funds tracking the S&P 500 Index and those chock-full of glam tech favorites like the PowerShares QQQ Trust (QQQ), which owns the 100 largest Nasdaq stocks .
The Walt Disney Company (DIS) is on track to reduce the overall cost of acquiring the majority of 21st Century Fox’s (FOX) operations. Fox and Disney have agreed to sell the 39% stake that Fox holds in British broadcaster Sky.
Discovery Inc. was upgraded to outperform from neutral on Wednesday by analysts at Credit Suisse, who also raised their price target to $40 from $30. Analysts cited improved viewership, high concentrations of ad-supported cable viewing and advertising growth bolstered by Discovery's TV Everywhere app. Analysts at J.P. Morgan also raised their price target for Discovery to $38 from $30, pointing to cost and revenue opportunities thanks to the company's recent acquisition of Scripps Networks Interactive and recent deals with Hulu and Sling to carry Discovery content. "Discovery emerges from the Scripps acquisition with greater scale and a more attractive valuation. While we have long-term concerns on cable networks, we view the near-term risk reward for shares as more attractive," J.P. Morgan analysts wrote. Discovery shares have increased by 46% so far this year, while the S&P 500 has gained 6.2%.
All put together, the 25 highest-paid D.C.-area execs leading public companies were paid about $384.2 million last year. If you think that sounds like a lot, you're right — the D.C. metro area pays its CEOs more than 20 percent more than the national average, according to the Bureau of Labor Statistics. Out of the top 25, four lead government contracting companies, four head tech firms and four are in hospitality.
Nordic Entertainment Group (NENT) hopes to lure investors with robust growth in streaming when it is spun off from Sweden's MTG MTGb.ST next year, betting that its Scandi dramas will help it narrow the gap with market leader Netflix. Media Group MTG decided earlier this year to split in two and list the Nordic TV business, NENT, on the stock exchange, after Danish telecoms company TDC dropped a planned $2.5 billion takeover of the business. Nordic streaming services benefit from Europe's highest penetration rates, supported by some of the best broadband in the world, and strong English-language skills that saw Netflix make it one of its first markets outside the Americas in 2012.
You might have wondered which CEOs bring home the most pay relative to their employees. This year, you get to find out, courtesy of the Dodd-Frank Act.
SILVER SPRING, Md. , Sept. 27, 2018 /PRNewswire/ -- Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) will report third quarter 2018 results on Thursday, November 8, 2018 , at 7:00 a.m. ET . The company will ...
Discovery Communications (DISCA) has recently struck carriage deals to put more of its channels in front of ~22.3 million online video consumers. One of the deals saw the company expand its distribution agreement with Hulu. The expanded agreement adds Discovery channels such as Animal Planet, Investigation Discovery, and Motor Trend to Hulu’s programming.
Bilibili Inc. (“Bilibili” or the “Company”) (BILI), a leading online entertainment platform for young generations in China, today announced that it has partnered with Discovery, Inc. to launch a new Discovery branded channel for its platform in China. The “bilibili x Discovery” branded channel delivers exclusive, engaging and unmatched high-quality factual content from Discovery to a young and wide-ranging Chinese audience base. The partnership includes 145 documentaries and 200 hours of exclusive content, produced by Discovery, which will be published on the “bilibili x Discovery” channel by the end of 2018.
Comcast, Disney and AT&T want to increase their scale, but they're probably going to need to take a break and digest their megadeals before going back into the market.
Discovery Communications Inc. (NASDAQ: DISCA ) shares have gained 20 percent over the past month, a move that's difficult to justify, according to Pivotal Research Group. The Analyst Pivotal's Brian ...
Investing.com - The S&P 500 eked out a win on Wednesday as optimism over U.S.-China trade helped offset a retreat in tech.
Inc. announced deals to have its channels carried on web TV services offered by Hulu and SlingTV, giving the company more reach on the new generation of online “skinny” pay-TV bundles. The multiyear Hulu deal will add Discovery Channel, TLC, Investigation Discovery, Motor Trend and Animal Planet to Hulu’s $40-a-month live web TV service, joining other Discovery-operated networks that were already carried, such as HGTV and Food Network.
The deal between Discovery (NASDAQ:DISCA) and Hulu will have the company bringing much of its content to the streaming service. This includes almost 4,000 episodes of some of the channels best shows. The deal also has Discovery adding several of its other channels to the Hulu With Live TV streaming service.
Hulu has inked a multi-year deal with Discovery to bring five networks and thousands of on-demand episodes to the streaming service's live TV lineup, according to a report in Variety published Wednesday. Talks have been going on for over a year, according to the magazine, since before Hulu launched its over-the-top streaming pay-TV service, dubbed Hulu With Live TV, in May 2017. Networks Discovery Channel, TLC, Investigation Discovery, Motor Trend and Animal Planet will come to Hulu With Live TV subscribers in December. Hulu will also get exclusive subscription streaming rights to episodes of "Deadliest Catch," "Say Yes to the Dress," "MythBusters" and "Naked and Afraid," as well as four scripted series from the Oprah Winfrey Network. This adds to the existing distribution deal Hulu has with Discovery-owned Scripps Networks Interactive. That deal includes networks HGTV, Food Network and Travel Channel. Hulu With Live TV is currently priced at $40 per month. The streaming service is co-owned by The Walt Disney Co. , 21st Century Fox , Comcast's NBCUniversal and AT&T's WarnerMedia.
CNBC Media Alert: CNBC's David Faber Interviews Discovery Communications President & CEO David Zaslav, and Viacom President & CEO Bob Bakish Tomorrow|| 105444932
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Friday.
Ty Pennington is known for hosting Extreme Makeover: Home Edition, but this time he will be giving small businesses a makeover. Yahoo Finance's Seana Smith and Dion Rabouin discuss with Ty Pennington and co-host Amanda Brinkman.