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Stock Market & Financial Investment News

News Breaks
December 4, 2012
07:15 EDTDISCA, TISources: Clessidra offers to buy Telecom Italia Media, Reuters reports
According to two sources, Clessidra, an Italian private equity fund, has offered to acquire Telecom Italia Media, Reuters reports. Telecom Italia Media is 77% owned by Telecom Italia (TI). Other potential bidders were Discover (DISCA), Hutchison Whampoa's Italian telecoms operator and Cairo Communication. Reference Link
News For TI;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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