Discovery Communications Stock News

The merger of WarnerMedia and Discovery into what will be called Warner Bros. Discovery is on track to close as early as next month, after the last major hurdle standing in the way of the union was cleared this morning. Discovery shareholders voted Friday morning to approve the merger with WarnerMedia, which is expected to…

https://www.investing.com/news/stock-market-news/discovery-shareholders-approve-warnermedia-acquisition-2783081

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

AT&T stock edged up as analysts mulled its updated forecast in anticipation of closing the WarnerMedia transaction with Discovery.

AT&T (T) has set a roadmap for growth following a media merger with Discovery (DISCA) in comments released ahead of today''s Investor Day presentations - including guidance toward free…

AT&T confirmed its aim to pay an ''attractive'' annual dividend of $8 billion, while boosting investments to double its fiber network reach, following the close of its $40 billion media merger with Discovery.

When the merger is complete, the newly formed Warner Bros. Discovery will be one of the largest media companies in the United States.

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA / CALGARY, AB , March 10, 2022 /CNW/ - Cathedral Energy Services Ltd. (the "Company" or "Cathedral") (TSX: CET ) announces its consolidated financial results for the three months and year ended December 31, 2021 and 2020. Dollars in 000''s except per share amounts. This news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws. For a full disclosure of forward-looking statements and the risks to which they are subject, see "Forward-Looking Statements" later in this news release. This news release contains references to Adjusted gross margin (gross margin plus non-cash items of depreciation and share-based compensation), Adjusted gross margin % (adjusted gross margin divided by revenues) and Adjusted EBITDA (earnings before finance costs, unrealized foreign exchange on intercompany balances, taxes, depreciation, non-recurring costs (including severance and non-cash provision for bad debts), write-down of equipment, write-down of inventory and share-based compensation).

Discovery Inc. (NASDAQ:DISCA) shares, rose in value on Thursday, March 10, with the stock price down by -3.31% to the previous day’s close as strong demand from buyers drove the stock to $24.53. Actively observing the price movement in the recent trading, the stock is buoying the session at $25.37, falling within a range of … Discovery Inc. (NASDAQ: DISCA) Down -3.31%: This Is What Analysts Now Expect Read More »

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Thursday Market Open) Equity index futures were pointing to a lower open as Wednesday’s rally appears to be lacking the legs to follow through into Thursday. Commodities are bouncing back after large selloffs yesterday, and that appears to be weighing on investors. However, today’s Consumer Price Index (CPI) report will attract much of investors’ attention. The CPI report measured a 0.8% increase month-over-month and a 7.9% increase year-over-year, which means inflation grew as expected. However, these are still very high numbers not seen since the early 1980s. Core inflation that excludes food and energy was up 6.4% year-over-year, which was higher than the forecasted 5.9%. Equity index futures rallied on the report but soon after gave back the gains. All-in-all, there isn’t much here that is likely to push the Fed off the course that Chairman Jerome Powell described to Congress last week.

Discovery (DISCA) announced that Magallanes (Spinco), a wholly-owned subsidiary of AT&T Inc

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Investors pile into Discovery's $30 billion corporate bond deal on Wednesday to help fund its mashup with AT&T's WarnerMedia. The deal is tied for the sector's fourth-largest in history.

In the latest trading session, Discovery Communications (DISCA) closed at $25.37, marking a +0.4% move from the previous day.