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Fly News Breaks for April 27, 2016
CMCSA, DWA
Apr 27, 2016 | 06:54 EDT
Piper Jaffray analyst Stan Meyers sees "some of the same issues" surfacing with a potential acquisition of DreamWorks (DWA) after the Wall Street Journal reported that Comcast (CMCSA) is in talks to acquire the company. The issues include price, control and DreamWorks' "volatile" film slate, Meyers tells investors in a research note. The Journal suggests Comcast is willing to pay around $34-$35 per share, while DreamWorks has sought $38 per share in the past, the analyst writes. He believes, however, that Comcast may be able to bring more synergies to the table than previous potential buyers. DreamWorks, this time around, also has a "robust" TV business and access to China via DreamWorks Oriental, Meyers contends. He has an Overweight rating on DreamWorks. The stock is trading up 23%, or $6.13, to $33.25 in the pre-market.
News For DWA;CMCSA From the Last 2 Days
CMCSA
Apr 25, 2024 | 08:53 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
CMCSA
Apr 24, 2024 | 14:22 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Merck (MRK), consensus $1.87... Caterpillar (CAT), consensus $5.14... Comcast (CMSCA), consensus 99c... Honeywell (HON), consensus $2.17... Bristol-Myers (BMY), consensus ($4.44)... Altria (MO), consensus $1.15... Keurig Dr. Pepper (KDP), consensus 35c... GE Vernova (GEV), consensus (37c)... Royal Caribbean (RCL), consensus $1.33... Tractor Supply (TSCO), consensus $1.72... Mobileye (MBLY), consensus (6c)... Textron (TXT), consensus $1.23... LabCorp (LH), consensus $3.48... Southwest Airlines (LUV), consensus (34c)... American Airlines (AAL), consensus (29c)... Harley-Davidson (HOG), consensus $1.51.
CMCSA
Apr 24, 2024 | 14:02 EDT
Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here