WBD News and Press, Warner Bros. Discovery Inc. From 05/24/24

2024-05-24 06:35:00 ET Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We seek to invest in businesses that are priced at substantial discounts to our estimate of intrinsic value. U.S. equities showed strength throu...

2024-05-24 04:49:45 ET More on Alphabet, Meta Alphabet: Still A Hold Meta's Advantage Over Google And Amazon Meta discussing deals with publishers to train AI For better or for worse: AI is changing content licensing Gemini era: Google reveals new AI-...

2024-05-24 02:10:00 ET Summary Amid drama in the media and movie industries, this year’s box office revenue tracks below 2023’s pace. Netflix continues to dominate while other players reshuffle their teams and strategies. Life beyond markets and trading screens &...

2024-05-23 14:27:08 ET Summary Warner Bros. Discovery, Inc. stock is currently trading at about $8 a share, compared to its IPO price of ~$24. Warner Bros. Discovery is one of the largest media companies, owning iconic brands and popular content. As such, many investors are pr...

Warner Bros. Discovery Announces the Pricing Terms of Previously Announced Cash Tender Offer PR Newswire NEW YORK , May 23, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (" Warner Bros. Discovery " or the " Company ") today announced the pricing terms...

Warner Bros. Discovery Announces Early Results and Upsize of Previously Announced Cash Tender Offer PR Newswire NEW YORK , May 23, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (" Warner Bros. Discovery " or the " Company ") today announced the early ...

2024-05-23 03:26:18 ET Summary AT&T's financials continue to improve quarter after quarter, with stable revenue generation, improving operating income, and strong free cash flow conversion. The company is trading at a relative discount compared to its historical valuation, and...

2024-05-22 15:34:35 ET Summary fuboTV Inc. stock has plummeted 35.7% since February, despite some positive growth in user base and narrowing losses. The company faces significant competition and uncertainty due to a joint sports streaming venture between Disney, Warner Bros. Disco...

2024-05-22 15:24:08 ET Warner Bros. Discovery, Inc. (WBD) J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference May 22, 2024 10:40 AM ET Company Participants Gunnar Wiedenfels - Chief Financial Officer Conference Call Participants D...

2024-05-22 10:58:24 ET Summary Warner Bros. Discovery turned around its negative FCF in 1Q 2023 to increase its FCF by $1.3 billion YoY. The company is right around its 60% FCF target and the company's debt is ~1 year from targets at current pay down rates. Once debt hits targ...