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Stock Market & Financial Investment News

News Breaks
June 13, 2014
08:17 EDTLBTYA, DISCADiscovery, 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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March 3, 2015
15:35 EDTDISCADiscovery announces new online network SEEKER
Earlier today, Discovery Digital Networks announced the launch of SEEKER, a new online network featuring adventurers, explorers and storytellers on journeys both physical and emotional that celebrate the world around us. The latest addition to the web-native portfolio from Discovery Communications, SEEKER launches with a robust slate of programming including a dozen original web series and engaging affiliates, and Michelob Ultra as its first sponsor. Shares of Discovery Communications are up almost 4% in late day trading.
07:27 EDTDISCAMorgan Stanley to hold a conference
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February 27, 2015
15:06 EDTDISCAFollow-up: Discovery Communications downgraded at Barrington
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15:02 EDTDISCADiscovery downgraded to Market Perform from Outperform at Barrington
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February 26, 2015
08:46 EDTLBTYABofa European telecom analysts hold analyst/industry conference call
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February 24, 2015
10:00 EDTDISCAOn The Fly: Analyst Upgrade Summary
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08:14 EDTDISCADiscovery upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Discovery Communications to Outperform based on expectations the year could end with double-digit growth as management maximizes Eurosport's operating leverage, increased revenues from International, buybacks, and accretive M&A deals. Price target is $38.
06:47 EDTLBTYALiberty Global receives approval to buy Belgian media group, Reuters says
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February 23, 2015
10:08 EDTDISCAHigh option volume stocks
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09:12 EDTDISCADiscovery volatility flat into 21st Century Fox denied it held talks
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07:00 EDTDISCA21st Century Fox says 'no truth' in rumors of Discovery talks, Reuters reports
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06:34 EDTDISCA21st Century Fox, Discovery held preliminary merger talks, AFR reports
21st Century Fox (FOXA) executives met with their counterparts at Discovery Communications (DISCA) nearly two weeks ago to discuss a possible takeover offer, The Australian Financial Review reports, citing sources. According to the sources, discussions were "nascent" and talks are in the "very, very early days." A spokesperson for 21st Century Fox has denied talks took place. Reference Link

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