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AT&T's (T -1.1%) key presentation ahead of its Discovery (DISCA +0.4%) deal closing, at Friday's Investor Day, has drawn mostly positive reactions from a number of covering analysts who praised the extra detail even if it didn't break new ground on guidance. Wall Street is generally in a ...
AT&T (T -0.2%) is pitching its stock as appealing to investors after it separates from the media space, suggesting it will be an attractively priced company paying dividends and targeting earnings growth. Speaking to a Deutsche Bank conference, Chief Financial Officer Pascal Desroches add...
XLC is likely to underperform the broader market throughout the remainder of the 2020s. We break XLC down into three groups--software, entertainment, and telecoms--and analyze them one by one. Software and entertainment stocks are at unsustainable valuations; historically this has...
Discovery (DISCA -1.3%) stockholders have approved the company's media merger with WarnerMedia (T +1.6%), the last key formality before the creation of Warner Bros. Discovery as a key media-industry player. At a special meeting the shareholders signed off on charter amendments, a proposal to ...
Discovery, Inc. Stockholders Approve Proposals Related to Discovery, Inc.'s Acquisition of WarnerMedia PR Newswire NEW YORK , March 11, 2022 /PRNewswire/ -- Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced that the Company's stockholders have approve...
CNN (T +0.1%) has confirmed it's launching its high-stakes subscription service March 29 - and that it will be pressing a "lifetime" deal with discounts for quick sign-ups. In a discussion it's planning for Austin's South by Southwest Festival, the company says "March 29 will be an important ...
AT&T (NYSE:T) has set a roadmap for growth following a media merger with Discovery (NASDAQ:DISCA) in comments released ahead of today's Investor Day presentations - including guidance toward free cash flow in the $20 billion range in 2023. With the close of the deal (and the creation of W...
Discovery Announces Pricing of $30.0 Billion Senior Notes Offering by Magallanes, Inc. PR Newswire NEW YORK , March 9, 2022 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (Nasdaq: DISCA, DISCB, DISCK) announced today that Magallanes, Inc. ("Sp...
DISCOVERY CHIEF FINANCIAL OFFICER GUNNAR WIEDENFELS TO PRESENT AT DEUTSCHE BANK'S 30TH ANNUAL MEDIA, INTERNET, & TELECOM CONFERENCE DISCOVERY CHIEF FINANCIAL OFFICER GUNNAR WIEDENFELS TO PRESENT AT DEUTSCHE BANK'S 30TH ANNUAL MEDIA, INTERNET, & TELECOM CONFERENCE PR ...
Exiting CNN chief Jeff Zucker has sealed a deal with WarnerMedia (T +1.9%) over his departure and won't sue as part of the arrangement, Deadline Hollywood reports. Zucker resigned abruptly about five weeks ago, citing an undisclosed relationship with a CNN employee, PR/marketing chief Allison...
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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. * ( ...