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Stock Market & Financial Investment News

News Breaks
June 13, 2014
08:17 EDTDISCA, LBTYADiscovery, Liberty Global seek to buy Formula One stake, Bloomberg says
Liberty Global (BLTYA) and Discovery Communications (DISCA) are in ongoing talks to buy a 49% stake in the Formula One auto-racing series from owners CVC Capital and Lehman Brothers, said Bloomberg, citing people with knowledge of the matter. The report said the companies are seeking to pay about $4B for the stake, but the owners are looking for about $500M more. Reference Link
News For DISCA;LBTYA From The Last 14 Days
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January 23, 2015
10:07 EDTLBTYAHigh option volume stocks
High option volume stocks: CE TSM RYAM NOC SNE FXCM LBTYA TKMR LF STT
07:22 EDTDISCADiscovery's bid for Ten Networks expected to be rejected, AFR reports
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January 21, 2015
12:54 EDTDISCADiscovery to bid for rights to screen English Premier League, Bloomberg reports
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09:03 EDTLBTYALiberty Global names Dana Strong as Chief Transformation Officer
Liberty Global (LBTYA) and Virgin Media (VMED) announce that Dana Strong, COO of Virgin Media, has been tapped to take on a new role within Liberty Global. Effective January 31, Dana will assume the position of SVP, Chief Transformation Officer for Liberty Global. In this role, Dana will report directly to the CEO Mike Fries and will join Liberty Global's Executive Management Committee. Virgin Media expects to announce Strong's replacement in the coming weeks.
January 20, 2015
07:25 EDTDISCAViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link
January 16, 2015
10:01 EDTDISCAOn The Fly: Analyst Downgrade Summary
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08:56 EDTDISCADiscovery downgraded at Atlantic Equities
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06:21 EDTDISCADiscovery downgraded to Neutral from Overweight at Atlantic Equities
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January 11, 2015
17:26 EDTDISCADiscovery could rise over 25%, Barron's says
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