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Stock Market & Financial Investment News

News Breaks
April 21, 2014
09:10 EDTDISCA, BCORBlucora announces agreement to acquire HowStuffWorks from Discovery
Blucora (BCOR) and Discovery (DISCA) announced they have entered into a definitive agreement for Blucora to acquire the assets and operations of HowStuffWorks from Discovery. The all-cash transaction is expected to close in 2Q14, subject to customary closing conditions. As part of the transaction, Discovery will retain its key client relationships and partner with Blucora and HowStuffWorks to continue to deliver native advertising solutions. Discovery also will have ongoing access to HowStuffWorks video assets, consistent with Discovery’s strategic shift toward video content. Blucora expects to fund the transaction with cash on hand. Upon completion of the acquisition, HowStuffWorks will join the reporting segment that includes Blucora’s InfoSpace business.
News For BCOR;DISCA From The Last 14 Days
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February 11, 2016
16:08 EDTBCORBlucora sees FY16 non-GAAP cont-op EPS 96c-$1.12, one estimate $1.32
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16:06 EDTBCORBlucora sees Q1 non-GAAP EPS 88c-96c, one estimate $1.07
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16:04 EDTBCORBlucora reports Q4 cont-op EPS (19c), consensus (20c)
Reports Q4 revenue $85.0M, consensus $88.29M.
February 9, 2016
11:32 EDTBCOROptions with increasing put volume
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February 1, 2016
07:35 EDTDISCAIMAX, Discovery enter global distribution, marketing partnership
IMAX (IMAX) announced a distribution and marketing partnership, which provides Discovery Communications' (DISCA, DISCB, DISCK) flagship network Discovery Channel with 18 months of exclusive paid global television rights for up to 10 IMAX documentary films to be released through the IMAX Original Film Fund, following the titles' theatrical release across the IMAX institutional theatre network. The alliance marks IMAX's first television distribution agreement for original content. Under the partnership agreement, Discovery Channel will air IMAX documentaries worldwide following their theatrical IMAX release, and consult on development, production and marketing. The IMAX Original Film Fund was established in 2014 to deliver new educational documentaries for the Company's institutional partners, which include many of the world's most prestigious museums, science centers and aquariums. The Fund will finance an ongoing supply of educational documentaries that push the envelope of traditional documentary filmmaking for a new generation of moviegoers.

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