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AT&T is a classical contrarian investment at this point. The dividend cut caused a mass exodus of income investors that want out at any price. Diversification can prevent the panic that has pushed the stock price down over the last year or so. The two surviving companies a...
This merger is expected to create a behemoth in the streaming space that will be able to trade blows with the likes of Netflix or Disney seemingly overnight. The market is slowly starting to pick up on the pure value proposition from this merger, with shares of the company trading at ...
Disney parks are great fun. They've always been, and they always will be. The stock, however, is another story. Don't get us wrong: Not only do we have the highest respect for the Disney corporation and brand, we're also not bearish on the stock. Having said that, and under the cu...
After U.S. antitrust clearance, AT&T (NYSE:T) is closer to spinning off its interest in WarnerMedia in a merger with Discovery (NASDAQ:DISCA) (NASDAQ: DISCB) (NASDAQ:DISCK). The merger will create Warner Bros. Discovery (WBD), a formidable player in the streaming wars. But b...
Discovery (DISCA +1.5%) says as of Wednesday that the Hart-Scott-Rodino waiting period has cleared on its planned merger with WarnerMedia (T +1.5%), removing another hurdle toward closing the blockbuster deal. Also, any agreement not to consummate the deal between the companies and the govern...
Netflix's weak guidance for 2022 and related stock price tank in January highlight the need for a course correction in its business model. The easiest and smartest move would be to merge with ViacomCBS through an all-stock transaction. The deal could be wildly accretive on current...
AT&T projected earnings of $3.10 to $3.15 but with a few caveats. Financial metrics for the 2021 year look good too. After the Time-Warner/Discovery deal is closed Time-Warner/Discovery will be the largest streamer in the world. Buy T now and hold both companies shares unt...
DISCOVERY TO REPORT FOURTH-QUARTER AND FULL YEAR 2021 RESULTS ON THURSDAY, FEBRUARY 24 PR Newswire NEW YORK , Feb. 7, 2022 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that it will report its fourth-quarter and full year 2021 resul...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips On Feb. 1, 2022, AT&T (NYSE: T ) finally announced details on the spin-off of its WarnerMedia subsidiary after its merger with Discovery, Inc. (NASDAQ: DISCA , NASDAQ: DISCK , NASDAQ: DISCB ). The ...
Discovery (NASDAQ:DISCA) is up 3.3% in a tough market after confirming it's in exclusive talks with BT Group (OTCPK:BTGOF) to create a sports joint venture in the UK and Ireland. The companies would combine Discovery's Eurosport business in the two countries with BT Sport, in a 50/50 joint ve...
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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. * ( ...