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ViacomCBS is basically selling for the same price as late 2019, despite wild swings lower and higher since my last bullish article. The company is making solid progress in rolling out several streaming services the past few years. Strong and improving earnings and free cash flow h...
Discovery A (NASDAQ:DISCA): Q2 GAAP EPS of $1.01 beats by $0.50. Revenue of $3.06B (+20.5% Y/Y) beats by $80M. Total U.S. Networks revenues increased 12% to $1.973B. Adjusted OIBDA decreased 1% to $1.05B vs. consensus of $1.07B Shares +0.9% PM. Press Release For further details se...
Discovery, Inc. Reports Second-Quarter 2021 Results PR Newswire NEW YORK , Aug. 3, 2021 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter ended June 30, 2021. ...
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AT&T boosted 2021 guidance as the economy rebounds faster than expected, but the company hasn't recaptured 2019 revenue levels. HBO Max is on fire and provides a major catalyst, if the company wasn't spinning off the business and facing a tough year of merger and integration issue...
On AT&T's (T) earnings call, CEO John Stankey offered some details on the status of the company's media operations, and their contribution to its second-quarter earnings beat. The company is spinning off WarnerMedia into a new company combined with Discovery ([[DISCA]] -2.5%), and St...
AT&T’s stock has corrected after announcing WarnerMedia spin-off as investors are unhappy with the dividend cut and are underestimating the prospects of the new media company. I believe the stock price is significantly undervalued and most of the investor concerns are not j...
Discovery To Report Second-Quarter 2021 Results On Tuesday, August 3 PR Newswire NEW YORK , July 20, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that it will report its second-quarter 2021 results on Tuesday, August 3, 2021...
AT&T is set to spin off its WarnerMedia assets into a new company with Discovery. Many seem to think that the increased quantity of content will suddenly make the new company a streaming powerhouse. Both the new and existing companies will end up with positions of high leverag...
I am bullish on AT&T's valuation and long-term prospects with new management making a series of solid moves over the last year. While I may like the stock, I am way over my normal investment allocation in the company because I am using the stock as a de facto money market account....
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Discovery Inc. Series B Common Stock Company Name:
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NEW YORK, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed on behalf of investors who: (i) exchanged Discovery, Inc. (“Discovery”) common stock (NASDAQ: DISCA, DISCB, DISCK) for Warner Bros. Discovery, Inc. (...
Discovery Inc. Series B Common Stock (NASDAQ:DISCB) traded at a new 52-week high today of $150.68. This new high was reached on above average trading volume as 494,000 shares traded hands, while the average 30-day volume is approximately 6,000 shares. Warner Bros. Discovery, the result o...
Combination of Discovery and WarnerMedia Creates Warner Bros. Discovery, Global Leader in Entertainment and Streaming Warner Bros. Discovery to Begin Trading on the Nasdaq as “WBD” on Monday, April 11 Today Discovery, Inc. and AT&T Inc. * ( ...