New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
10:46 EDTDISCADiscovery to acquire Takhayal Entertainment
Discovery (DISCA) announced an agreement to acquire Dubai-based media company Takhayal Entertainment and its affiliated companies in Dubai and Egypt, including its flagship TV network, Fatafeat. The parties are in final stages of formalizing the transfer with the competent authorities. The transaction is a targeted step by Discovery to further extend its reach in the growing Middle East and North Africa television market. Reference Link
News For DISCA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 30, 2014
10:02 EDTDISCAOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:34 EDTDISCADiscovery downgraded at Nomura
Subscribe for More Information
08:26 EDTDISCADiscovery downgraded to Neutral from Buy at Nomura
Subscribe for More Information
October 20, 2014
09:31 EDTDISCARobinhood.org to hold conference
Subscribe for More Information
06:34 EDTDISCAHasbro reports pre-tax charge due to restructuring of Hub Network
On September 25, Hasbro (HAS) and Discovery (DISCA) announced Hub Network would become Discovery Family Channel effective October 13, 2014. The network will broaden its programming focus to serve families in primetime and continue to showcase Hasbro Studios award-winning children’s content in daytime. As a result of restructuring the Company’s investment in the Hub Network joint venture, the Company recorded a pre-tax charge of $11.6M, or 6c per diluted share, in the third quarter 2014. This net charge is primarily related to the costs associated with recording the fair value of a put/call option exercisable at the end of 2021 that the Company and Discovery entered into related to this transaction.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use