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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 ...
AT&T (NYSE: T) has been a frustrating stock to own for most investors. The telecom giant's debt-fueled expansion into the satellite TV and media markets, along with the sluggish growth of its wireless business, caused its stock price to decline more than 40% over the past five y...
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...
DISCOVERY, INC. CONFIRMS EXCLUSIVE DISCUSSIONS WITH BT GROUP TO CREATE SPORT JV IN THE UK AND IRELAND Canada NewsWire The proposed combination of Eurosport's UK business with BT Sport would bring together major long-term rights and world-class sports broadcast and digita...
Shares of AT&T (NYSE: T) fell on Tuesday after the telecom titan said it would cut its cash payout to shareholders following the planned spinoff of its WarnerMedia business. As of 2:40 p.m. ET, AT&T's stock price was down more than 4%. AT&T will merge its media o...
AT&T finally cut its dividend, reducing the payout by 47% to $1.11. The new dividend yield is higher than many think, however, once we adjust for the shares in the new media company that can be monetized. AT&T seems like a solid income pick following the dividend cut. Inve...
AT&T has been plagued by chronic underperformance and a heavy debt burden. However, after a dismal 2021, AT&T stock began looking interesting in the low $20s. We digest AT&T's Q4 2021 results relative to the current stock price to decide if it is worth going long here....
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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. (...
Shares of Discovery Inc. (NASDAQ:DISCK) traded at a new 52-week high today of $66.87. Approximately 301.8 million shares have changed hands today, as compared to an average 30-day volume of 5 million shares. Warner Bros. Discovery, the result of combining two large media firms, is one of...
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. * ( ...