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Stock Market & Financial Investment News

News Breaks
July 21, 2014
06:34 EDTSNI, DISCA, CRWNDeals increase vulnerability of small cable stations, NY Times reports
Recent major M&A deals, if approved, would make the owners of small cable TV channels more vulnerable, industry executives and analysts say, according to The New York Times. It is uncertain if the small cable TV networks will be acquired or disappear, the newspaper stated. Owners of small cable channels include Discovery Communications (DISCA), Scripps Networks (SNI), and Crown Media (CRWN). Reference Link
News For DISCA;SNI;CRWN From The Last 14 Days
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December 22, 2014
06:26 EDTDISCADiscovery initiated with a Sector Perform at Pacific Crest
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06:26 EDTSNIScripps Networks initiated with a Sector Perform at Pacific Crest
December 12, 2014
10:01 EDTDISCAOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BreitBurn Energy (BBEP) downgraded to Hold from Buy at Wunderlich... CIBC (CM) downgraded to Underperform from Neutral at Credit Suisse... Costco (COST) downgraded to Neutral from Buy at Janney Capital... Discovery (DISCA) downgraded to Sector Perform from Outperform at RBC Capital... Emerald Oil (EOX) downgraded to Neutral from Accumulate at Global Hunter... Goodrich Petroleum (GDP) cut to Underweight on lower oil at JPMorgan... Hain Celestial (HAIN) downgraded to Sector Perform from Outperform at RBC Capital... Hovnanian (HOV) downgraded to Neutral from Buy at Compass Point... Mindray Medical (MR) downgraded to Underweight from Equal Weight at Morgan Stanley... Morgan Stanley (MS) downgraded to Neutral from Buy at Buckingham... Oracle (ORCL) resumed with a Neutral from Overweight at Piper Jaffray... Rackspace (RAX) downgraded to Underperform from Neutral at DA Davidson... Zayo Group (ZAYO) downgraded to Neutral from Buy at BTIG.
06:23 EDTDISCADiscovery downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded Discovery to Sector Perform based on soft domestic ad trends, decelerating International growth, and lack of catalysts heading into 2015. Price target is $38.
December 9, 2014
15:03 EDTDISCADiscovery Communications rises after CEO sees outperforming U.S. peers
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11:29 EDTDISCADiscovery CEO says international market 'steady, good' for company
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11:27 EDTDISCADiscovery CEO says will buy back more shares in 2015 than 2014
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11:11 EDTDISCADiscovery, Hulu announce new distribution agreement
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07:32 EDTDISCAUBS to hold a conference
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06:48 EDTDISCAAnalysts say Netflix undermining TV ad revenue, NY Times reports
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December 8, 2014
10:00 EDTSNI, DISCAOn The Fly: Analyst Initiation Summary
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