|Bid||27.82 x 1100|
|Ask||29.50 x 3000|
|Day's Range||28.87 - 29.41|
|52 Week Range||20.60 - 34.89|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.76|
SILVER SPRING, Md. , Feb. 14, 2019 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that CFO Gunnar Wiedenfels will present at the Deutsche Bank 2019 Media, Internet & Telecom Conference ...
A Silver Spring streaming service has raised about $140 million from private investors in its first capital raise, thanks in large part to the legacy of its founder, John Hendricks, whose credits include launching Discovery Inc. (NASDAQ: DISCA). CuriosityStream streams and produces documentary, science, history, technology, nature, society and lifestyle programming. Investors in the round include Blum Capital Ventures and TimesSquare Capital Management.
Compensation Advisory Partners Associate Ryan Colucci and Founding Partner Melissa Burek By John Jannarone 100x? 1000x? The ratio of CEO compensation to median employee income can be a staggering figure – one that some companies feared would cause uproar among staff and journalists when they were widely reported in public filings over the last year. […]
DISH Network's (DISH) fourth-quarter 2018 results are expected to be hurt by unavailability of channels from Univision and dispute with AT&T over HBO and Cinemax.
During a meeting of the league’s 20 club chairs last week, there was an acceptance that both US and UK candidates would be in the running for the post, according to people with direct knowledge of the discussions. FC, is leading the five-person panel responsible for finding a new chief executive, in conjunction with headhunter Spencer Stuart.
Discovery Inc NASDAQ/NGS:DISCAView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is extremely high for DISCA with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting DISCA. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DISCA totaled $17.51 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
“Flip or Flop Nashville” stars Page Turner and DeRon Jenkins have seen plenty of ups and downs in their city’s real estate market, and they have some tips for potential flippers about how to best navigate the industry.
Animal Planet is reportedly planning a new show that gives a behind-the-scenes look at Atlanta's downtown aquarium.
World Wrestling (WWE) focuses on increasing original content, subscriber growth, rising TV rights fees and monetization of video content across digital as well as direct-to-consumer platforms.
Charter Communications (CHTR) fourth-quarter 2018 revenues benefit from growth Internet, video, advertising and commercial revenues.
Surely, The New York Times Company (NYT) has emerged from being a sole provider of news content and advertising on print publications.
The CBS board has come to the conclusion that the company needs to add scale, sources say. Discovery would be interested in selling to CBS or a combined CBS-Viacom, sources say. The CBS CBS board has decided the company needs to get bigger, but merging with Viacom VIAB is not enough for Shari Redstone, who has voting control of both companies, according to people familiar with the matter.
Bernstein analyst Todd Juenger wrote in a Friday note to clients that while many media investors seem to view a CBS Corp. merger with Viacom Inc. as inevitable, he thinks that such a deal wouldn't make sense. "The case for CBS to acquire Viacom, as we understand it, is predicated on pursuing two things: scale and synergies," he wrote. "We think the scale is in the wrong assets/businesses, and the synergies could be obtained with any other acquisition target, they are not unique to Viacom." Juenger argued that CBS shouldn't pursue a cable-network merger at all, but he sees several companies that make better targets than Viacom, in his view, if the company is determined to make a deal. Discovery Communications Inc. would present opportunities for advertising synergies, he said, because its programming appeals to similar demographics as CBS's own content does. And AMC Networks Inc. makes for a cheaper target that would add "distinctive" programming to CBS's syndication library, he wrote. "To be clear, we're not advocating CBS pursue Discovery or AMC Networks, either," Juenger said. "We're just saying if against our better judgment they feel they really need to acquire such an asset, Discovery or AMC Networks would be less bad than Viacom." CBS shares are down 0.7% in Friday morning trading, while Viacom shares are up 0.4%, AMC Networks shares are up 1.6%, and Discovery's stock is up 0.9%. CBS's stock has dropped 10% over the past three months, while the S&P 500 has fallen 1.5%.
ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group's core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said. Conze took the helm at the Munich-based broadcaster last June but has had a rough welcome from investors who have sent its shares to seven-year lows on doubts that he can revive its ailing free-to-air TV business. The former CEO of UK appliances company Dyson told Reuters that plans to relaunch a German streaming venture in cooperation with Discovery Inc, public broadcaster ZDF, publisher Axel Springer and possibly others were on track for late summer.
Shares of Viacom Inc. are up 1.1% in Tuesday morning trading after Pivotal Research Group analyst Brian Wieser upgraded the stock to buy from hold. He raised his price target to $36 from $33. "We think that managerial normalcy is by now reasonably well entrenched in the company, which should also help as Viacom rebuilds," he wrote. "The film studio is the one significant part of the business which provides meaningful upside given its scale and the likelihood that it will return to profitability (enhancing Viacom's overall profit margins)." In a note to clients, Wieser also became slightly more optimistic about Discovery Communications Inc. , which he rates at hold, and Walt Disney Co. , which he rates at sell. He upped his price target on Discovery shares to $30 from $27 and raised his target on Disney's stock to $97 from $95. Viacom shares are down 5.3% over the past three months, as the S&P 500 has dropped 5.6%.
The communications sector was redefined in 2018 to include companies from a bunch of diverse sectors, including technology and consumer discretionary. It rode the swell of stock market movement but is down by 5.6%, as of this writing, after the November crash.