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Stock Market & Financial Investment News

News Breaks
July 31, 2014
07:16 EDTDISCADiscovery reports Q2 adjusted EPS $1.16, consensus 95c
Reports Q2 revenue $1.61B, consensus $1.60B; Reports Q2 US Networks revenue $777M, International Networks revenue $802M.
News For DISCA From The Last 14 Days
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January 23, 2015
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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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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