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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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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 24, 2015
10:00 EDTDISCAOn The Fly: Analyst Upgrade Summary
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09:13 EDTSNIScripps Networks appoints Hickok as CFO, moves NeCastro from CFO to CDO
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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.
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
February 20, 2015
08:32 EDTCRWNCrown Media reports Q4 EPS 15c, one estimate 9c
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