|Bid||24.78 x 500|
|Ask||28.00 x 200|
|Day's Range||24.59 - 25.77|
|52 Week Range||15.99 - 30.25|
|PE Ratio (TTM)||13.46|
|Earnings Date||Feb 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.71|
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.
The timing of Amazon Inc.'s announcement couldn't have been more perfect if the Northern Virginia Chamber of Commerce had planned it. Just as a group of experts began discussing the region's ambitions at the chamber's economic development conference Thursday morning, Mary-Claire Burick of the Rosslyn Business Improvement District broke the news to the audience: Northern Virginia made the short list in the e-commerce giant's search for a second headquarters . Of course, Amazon (AMZN) would recognize Northern Virginia's value in the region, several attendees in the crowd said.
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.
Poland's media regulator has annulled a 1.5 million zloty fine it slapped on leading news broadcaster TVN24 last month over its coverage of protests in parliament in 2016. The punishment, which immediately prompted accusations that it was aimed at muzzling the media, put the ruling Law and Justice party (PiS) in a difficult situation as it was imposed days after it replaced Prime Minister Beata Szydlo with a moderate former bank CEO in a bid to improve the cabinet's tarnished image. "After getting acquainted with the positions of the social side and additional analyses and arguments presented by the interested party (TVN24)... the President of the National Council of Radio Broadcasting and Television decided to repeal the decision," the regulator said in a statement on Wednesday.
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.
The largest amount of new construction to hit Manhattan since the 1980s will lift asking rents this year for office space in New York as demand likely continues to grow faster than the U.S. average, executives from Cushman & Wakefield said on Wednesday. "(New York) is still a magnate for corporations from around the world and that will allow New York to continue to grow even if job growth slows elsewhere in the country," said Ken McCarthy, principal economist at the real estate services company in a media webcast.
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 ...
Rating Action: Moody's changes outlook on All3Media's B3 CFR to positive from stable. Global Credit Research- 08 Jan 2018. London, 08 January 2018-- Moody's Investors Service, has today changed to positive ...
SILVER SPRING, Md. , Jan. 8, 2018 /PRNewswire/ -- Discovery Communications (Nasdaq: DISCA, DISCB, DISCK) will report full year and fourth quarter 2017 results on Tuesday, February 27, 2018 at 7:00 a.m. ...
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 ...
Macquarie Research upgrades its views on Disney and Netflix as part of a rethink on the future of TV advertising.
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.
As 2018 fast approaches, we can???t help but look back on the past 12 months. Even though M&A activity was relatively quiet in 2017 compared to past years, the deals that were announced this year were major, and revolved around some of the biggest consumer and technology names. Here are 15 of the best mergers and acquisitions of the year.
In this final series of our three-part series, we'll be looking at the last seven stocks among the top 18 cheap stocks in the S&P 500 for 2018.
Artificial selling pressure, created by investors tossing their losers, offers some unusual short-term opportunities at year-end.