|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.85 - 28.00|
|52 Week Range||19.25 - 28.00|
|PE Ratio (TTM)||14.73|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CNBC's Julia Boorstin reports the highlights of her conversation with Discovery Communications CEO David Zaslav at the Consumer Electronics Show in Las Vegas.
We're going to have a very strong position in nonfiction, says Discovery Communications CEO David Zaslav talking about the company's strategy amid a changing media landscape.
Short interest is moderately high for DISCK with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $13.04 billion over the last one-month into ETFs that hold DISCK are among the highest of the last year, but the rate of growth is slowing.
Execs from both tech and media giants weigh in on changing media consumption habits and how they're driving and affecting their respective businesses.
With the new lower corporate taxes now in effect, Bernstein's Todd Juenger and his team check in with media stocks today, to see how the new rates will affect those companies. Juenger writes that he chose a rate of 23% for media firms' U.S. taxes, reflecting the 21% federal rate, plus 200 basis points for state and local taxes--although Walt Disney (DIS), which "uniquely benefits" from accelerated depreciation, gets a flat 21%. The net result: Juenger's price targets go up for media stocks.
Discovery Communications, the company that operates the Discovery Channel, Animal Planet, TLC and other popular cable channels, announced Tuesday that it will relocate its global headquarters from Maryland ...
Discovery Communications Inc. is leaving Silver Spring. The cable company sent a memo to employees Tuesday saying it intends to move its global headquarters to New York City. Discovery will reduce its 545,420-square-foot footprint in downtown Silver Spring over a period of time, with the eventual closure and sale of its 10-story One Discovery Place expected in 2019.
Discovery Communications is moving its headquarters from suburban Washington, D.C. to New York City, NBC Washington and other media outlets reported, citing a company email. "We have ... made the ...
The media and entertainment space is rife with M&A activity and investors may want to consider Discovery Communications Inc. (NASDAQ: DISCA ) as an overlooked play. The Analyst Macquarie Research's Tim ...
When we last checked in on John Malone in mid-December, the chairman of the Liberty group of companies was buying series A shares of Discovery Communications and selling nonvoting class B shares of Lions Gate Entertainment. On Dec. 14, Malone paid $2 million for another 102,400 series A shares of Discovery (DISCA), which owns the eponymous channel in addition to TLC and Animal Planet. It’s agreed to acquire Scripps Networks Interactive (SNI), home of Food Network and HGTV.
Bank of America Merrill Lynch upgraded Discovery Communications Inc. (NASDAQ: DISCA ), buying into the thinking behind the Scripps Networks Interactive, Inc. (NASDAQ: SNI ) deal. Discovery is acquiring ...
A second Discovery Communications Inc. board member has bought up shares of the Silver Spring media giant in just the last two months, while one of its C-suite executives is stepping down at the end of this year. Discovery (DISCA) — whose stock has shed more than 20 percent of its value since its announcement it would buy Scripps Networks Interactive Inc. in an $11.5 billion deal — got a roughly 4 percent bump in share value after board member and cable industry warhorse John Malone disclosed Thursday he had bought another $6.56 million worth of company shares. It follows another stock purchase, totaling $1.58 million, by Discovery board member David Wargo, president of Wargo & Co., a private investment firm.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Discovery Communications, Inc. Here are 5 ETFs with the largest exposure to DISCB-US. Comparing the performance and risk of Discovery Communications, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Last month, John Malone in a CNBC interview said that shares of Discovery Communications could be “dirt cheap” and noted “I would possibly buy more.” On Wednesday he did. The chairman of the Liberty group of companies including Liberty Media (LSXMK) more than doubled his direct holdings in Discovery (DISCA) series A stock by buying 332,500 more shares for nearly $6.6 million, or about $19.72 each. Discovery series A shares carry one vote each.
Dwindling advertisement revenues pose a huge threat to Discovery Communications (DISCA). Its high debt levels also raise concerns.