|Bid||30.20 x 1000|
|Ask||30.30 x 1100|
|Day's Range||29.90 - 30.42|
|52 Week Range||25.08 - 33.66|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||13.63|
|Earnings Date||Aug 04, 2019 - Aug 08, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.95|
Rapsodo, creator of the Mobile Launch Monitor (MLM) and leading brand in golf data analytics, and Golf Digest, the world’s number one golf media brand, today announced their newest collaboration titled Coach Connect™. The Coach Connect platform will pair Rapsodo’s ground-breaking technology with Golf Digest Schools’ leading digital instruction content, utilizing state-of-the-art technology to create powerful game-improvement experiences for golfers of all skill levels.
The average chief executive of an S&P 500 company had already earned more on the second working day of 2020 than the typical employee.
Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) will report its full year and fourth quarter 2019 results on Thursday, February 27, 2020, at 7:00 a.m. ET. The Company will host a conference call at 8:00 a.m. ET to discuss the results.
We often take for granted all the technology at our fingertips and have forgotten how much information was available to us in the form of papers and books Continue reading...
Beginning at 9 a.m. ET today through 5 p.m. ET on Wednesday, February 19, 2020, fans can enter to win the exquisite HGTV® Dream Home 2020 located on Hilton Head Island, South Carolina. The prize package, valued at over $2 million, includes the fully furnished home, a brand-new Honda Passport Elite and $250,000 from Rocket Mortgage® by Quicken Loans®. Eligible entrants can enter twice per day at HGTV.com/HGTVDreamHome, where they can also find additional sweepstakes details and the official rules.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
Discovery’s former Silver Spring headquarters just won another new tenant: Ana G. Méndez University, which will relocate its Wheaton campus to the Inventa Towers at One Discovery Place. The Montgomery County Economic Development Corp. announced Monday that the nonprofit university will lease 28,500 square feet on the second floor of the former Discovery building. The university plans to consolidate both its Wheaton space and its government affairs offices in D.C. into a single location in Silver Spring, set to open in May 2020.
Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that President and CEO David Zaslav will present at the Citi 2020 Global TMT West Conference on Wednesday, January 8, 2020 at 8:45 a.m. PST (11:45 a.m. EST) in Las Vegas.
(Bloomberg Opinion) -- Say what you like about outspoken activist hedge fund investors such as Carl Icahn, Bill Ackman, Paul Singer or Dan Loeb but at least you know where they stand. Nowadays it’s more fashionable for activist funds to refrain from public criticism and work constructively behind the scenes to help managers turn around a business.This is fine, but it becomes a problem when one of the “kindly” investor types resigns abruptly from a board seat they’d pushed to obtain, without providing much explanation. Shares in Rolls-Royce Holdings Plc tumbled as much as 5% on Tuesday when Bradley Singer, a representative of Jeffrey Ubben’s ValueAct Capital, said he has stepped down as a director. ValueAct is the British aircraft engine maker’s largest shareholder.After serving almost four years on the board, Singer said the company was now on a “solid path forward.” His praise rang a little hollow, however, because Rolls-Royce’s shares are close to three-year lows. ValueAct didn’t help matters by failing to clarify whether it plans to keep its stake of about 9%.Singer’s departure may in fact signal that there are limits to what activist investors can achieve, even the ones who ask politely.In fairness, Rolls-Royce is a different company to the one ValueAct bought into. Under chief executive Warren East, it has cut costs, slashed jobs and overhauled a famously bureaucratic culture. The company has ramped up production and reduced upfront losses on engine sales (engine makers typically make money in servicing, not selling the equipment). Its struggling commercial marine business has been sold. Mission accomplished? Hardly. Because of engineering problems involving the Trent engines it supplies for Boeing Co.’s 787 Dreamliner, Rolls-Royce is a long way from being “fixed.” The company will have spent 2.4 billion pounds ($3.2 billion) between 2017 and 2023 dealing with the early deterioration of engine blades, a cash outflow the debt-laden manufacturer can ill afford. Standard & Poors cut its long-term credit rating last month to BBB-, one notch above junk.Fixing the Trent engines is partly a logistics issue — making sure customers are inconvenienced as little as possible while their planes are grounded for repairs. But it’s also an engineering challenge: Rolls-Royce designed a new high-pressure turbine blade for the Trent 1000 TEN engine variant only to discover that it didn’t provide the necessary durability.Getting this right is something Singer, a former Goldman Sachs Group Inc. banker and finance director of Discovery Communications Inc., would have had relatively little influence over. Yet after attending scores of board meetings, he should at least have been well-versed in what is ailing Rolls-Royce. His decision to step away isn’t reassuring.To contact the author of this story: Chris Bryant at email@example.comTo contact the editor responsible for this story: James Boxell at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
"Tyler Perry is perhaps the fiercest example of just that. The plot lines may change, but loyal viewers know what to expect when they tune in to his shows. He doesn’t disappoint us. He delivers."
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
With combined annual earnings of over three billion dollars, the 10 highest paid CEOs in the world in 2019 prove that disparity of income is not just a myth, it’s the stark reality facing us today, though the total has been significantly skewed by the one man, who we will reveal later. While we’ve been […]
HGTV today unveiled the 24th edition of HGTV® Dream Home, a sprawling Southern-style approximately 3,500-square-foot home on the highly sought-after destination Hilton Head Island, South Carolina. HGTV, a member of the Discovery, Inc. family of brands, will award the newly built, fully furnished residence to the grand prize winner, along with a brand new Honda Passport Elite and $250,000 from Rocket Mortgage® by Quicken Loans®, a prize package valued at over $2 million.
Bring in the new year with one of the world's largest and most prestigious dog shows, The AKC National Championship Presented by Royal Canin, returns to Animal Planet as a three-hour special on Monday, Jan. 1, 2020 at 6 p.m. ET/PT. An encore of the special will air two hours following the conclusion of the premiere beginning at midnight, and re-airs will be available on AKC.TV.
The Zacks Analyst Blog Highlights: Spotify Technology, Discovery, Cable One, Gray Television and Studio City International
Stocks in the entertainment sector could be well-poised for gains as more Americans set out for amusement, vacations and TV time this holiday season.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]