Discovery Communications Stock News

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Futures Reverse Lower As Fed Meeting Looms US stock futures fell on Tuesday, reversing an earlier gain, as traders prepared for this year’s barrage of final central bank meetings this week. Treasury yields advanced and the dollar slipped. European stocks were little changed while Asian stocks dropped led by Japan whose Prime Minister Fumio Kishida hinted the government may consider guidelines for share buybacks (a tapering of stock buybacks in the US would lead to an instant market crash). At 745am, S&P futures were down 0.17% or 8 points to 4,651; Nasdaq futures were down 0.5% erasing earlier gains of as much as 0.3% as traders assessed the impact of a less accomodative monetary setting amid coronavirus challenges and high valuations. Investors focused on central bank meetings this week and kept a wary eye on developments around the Omicron coronavirus variant. The Fed is expected to signal a faster pullback of asset purchases at the end of its two-day meeting on Wednesday, a move which Morgan Stanley believes will lead to market tremors in the next 3- 4 months, while the European Central Bank and the Bank of England will meet on Thursday to determine the course for their monetary policies into 2022. "Equity markets will stay skittish as there is tension between Omicron and newsflow on one side, and a busy calendar for central banks on the other, while we stand between two earnings seasons," said Nick Nelson, head of European equity strategy at UBS. "But we''re no longer talking about the same restrictions we had in Q1 2021 or 2020, so in the near term, restrictions across Europe will only be a modest drag on growth." Here are some of the biggest U.S. movers today: Shares in U.S.-listed Chinese firms decline anew in U.S. premarket trading as a selloff in the stocks and bonds of Chinese property firm Shimao hits sentiment.

Pfizer Jab Prevents 70% Of Hospitalizations In South Africa South Africa''s Discovery Health, one of the country''s biggest health insurers, has just briefed the public on the results of its latest study, and it''s findings aren''t exactly a surprise. While the omicron variant, first discovered in South Africa, is efficient at surpassing protections afforded by the Pfizer and Moderna vaccines, the Discovery data showed that Pfizer''s jab is actually 70% effective at reducing hospitalizations. That might help explain why the omicron variant has coincided with a surge in cases in South Africa, even while the number of hospitalizations and the number of deaths have declined. The protection is maintained across age groups and in the face of a range of chronic illnesses, said Ryan Noach, the CEO of Discovery Health, during a briefing Tuesday. All told, a course of Pfizer jabs conveys protection of approximately 33% against infection by the omicron variant, according to Bloomberg. The Discovery study included about 78K COVID test results for omicron infections from Nov. 15 to Dec. 7 in South Africa, the epicenter of the current omicron wave.

Discovery Health, South Africa’s largest private health insurance administrator, has published its first data on the Omicron variant and its early impact on the country.

A two-shot course of Pfizer’s vaccination may offer 70% protection against being hospitalized with the Covid-19 omicron variant, South Africa’s largest medical insurance provider Discovery said.

The renewal of the licence held by the TVN Discovery Group channel TVN7 is likely to go to the wire. Source: Discoverys Polish problems persist

GUANGZHOU, China , Dec. 13, 2021 /PRNewswire/ -- Guangzhou-Discovery Channel and Guangdong Radio and Television have teamed up to launch the "Greater Bay Area Revealed" Theme Week on Discovery Network. Starting from December 13, 2021 , a different documentary will be premiered each day that provides an in-depth showcase of the Greater Bay Area, consisting of Guangdong , Hong Kong and Macao . It will be aired in the Asia-Pacific region, with a selection of titles simultaneously aired on Discovery USA and Europe . These seven documentaries curated for this exhibition include: Hong Kong-Zhuhai-Macao Bridge, Our Home , The Thirteen Hongs: Being Drawn into Guangzhou , A Bite of Guangdong , Xijiang River, Manufacturing Times: China Meets the World and Quadrant . Collectively, the films showcase the development and achievements of the Greater Bay Area region in the fields of scientific and technological innovation, economy, culture, food and living, while highlighting the Greater Bay Area''s past and present.

RMB Holdings (RMH) has rejected offers to buy its last remaining major assets in RMB Properties, the group said Friday. It said it would continued to try to monetise its last major investments in RMH Properties, but weak property fundamentals in South Africa might affect the timing, the company said in its interim results for the six months to September 30. RMH unbundled its investment in FirstRand in June 2020. Its subsidiary Rand Merchant Investment Holdings also recently announced the unbundling of interests in Discovery and Momentum Metropolitan, in line with a strategy to liberate investments at the appropriate stage, and to achieve the best value reflection. In October, RMH was approached to sell various property assets but its board said on Friday that these approaches had been rejected on the basis that both the discount to NAV (net asset value) and RMHs conservative assessment of future NAV, were not within an acceptable range. RMH said the offers were received from entities closely aligned with the Atterbury group, which the board believes would be the most likely potential acquirer of these businesses.

Discovery Demanding Investigation by Yonkers Inspector General Liam McLaughlin, Esq. Mitigated by Guidance, Authority, and Directive by the Yonkers Board of Ethics. Yonkers Board of Ethics Gave Written Permission Informing Councilman Rubbo That He Need Not Recuse Himself From Any Issue Coming Before the Real Estate Committee Chair Over Which He Presides As Its Chairman YONKERS, NY December 12, Read More The post Yonkers City Councilman John Rubbo Election Campaign Violations Debunked for Exceeding Financial Limits By Hezi Aris* appeared first on Yonkers Tribune. .

Brokerages expect Discovery, Inc. (NASDAQ:DISCA) to post earnings per share of $0.84 for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have provided estimates for Discoverys earnings, with estimates ranging from $0.46 to $0.99. Discovery reported earnings of $0.76 per share during the same quarter last year, which indicates a positive year []

Finblox, a Hong Kong-based global crypto investment platform, raised a seven-digit funding round of undisclosed amount. Backers included Sequoia Capital India, MSA Capital, Venturra Discovery, Coinfund, Saison Capital, Ratio Ventures and First Check Ventures and 13 other investors including notable angels like Xinshu Dong (Partner at IOSG and previously Co-Founder of Zilliqa), Ron Hose (Founder of Coins.ph), James Simpson (Founder and CEO [] The post Finblox Raises Seven-Digit Funding Round appeared first on FinSMEs .

Discovery Inc. (NASDAQ:DISCK)’s traded shares stood at 0.81 million during the last session. At the last check today, the stock’s price was $22.64, to imply a decrease of -0.22% or -$0.05 in intraday trading. The DISCK share’s 52-week high remains $66.70, putting it -194.61% down since that peak but still an impressive 4.06% since price … Why Discovery Inc. (NASDAQ: DISCK) Is Worth Including On Your Watchlist Read More »

Chevy Chase Trust Holdings Inc. lessened its position in Discovery, Inc. (NASDAQ:DISCK) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 186,490 shares of the companys stock after selling 4,949 shares during the quarter. Chevy Chase Trust Holdings Inc.s holdings in Discovery []

Hot on the heels of Star Trek: Discovery , Picard , and The Lower Decks , the Star Trek franchise is getting a new video game. Dramatic Labs, a brand new studio composed of former Telltale Games developers, announced during The Game Awards that its working on Star Trek: Resurgence , a story-driven game reminiscent of Telltales The Wolf Among Us and The Walking Dead . According to the games press release, Star Trek: Resurgence is an interactive narrative video game that tells an original story set in the era shortly after the events of Star Trek: The Next Generation. Players will control two characters aboard the U.S.S. RESOLUTE as they work to unravel a mystery in order to prevent a galactic war. Spock made an appearance in the Continue reading

One company that has always interested me, and which I have owned in the past, is Discovery Inc. ( DISCK , Financial). The investment thesis here is pretty simple.