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DISCA

Discovery

$26.40

0.18 (0.69%)

, DISCK

Discovery Communications

$25.56

0.01 (0.04%)

06:52
07/18/17
07/18
06:52
07/18/17
06:52

Discovery resumes Olympics rights talks with German broadcasters, Reuters says

Discovery Communications has renewed negotiations to sub-license broadcast rights for the Olympic Games to German broadcasters ARD and ZDF after talks stalled last year over price, Reuters reports, citing a company spokesman. The resumed discussions between the broadcasters and Discovery, which in 2015 won European broadcast rights for the Olympics from 2018 to 2024 for $1.5B, are focused on the 2018 Winter Olympics in Pyeongchang, South Korea, but could result in cooperation on subsequent Games becoming more likely. Reference Link

DISCA

Discovery

$26.40

0.18 (0.69%)

DISCK

Discovery Communications

$25.56

0.01 (0.04%)

DISCA Discovery
$26.40

0.18 (0.69%)

04/20/17
SBSH
04/20/17
UPGRADE
Target $30
SBSH
Neutral
Discovery upgraded to Neutral from Sell at Citi
Citi analyst Jason Bazinet upgraded Discovery Communications to Neutral saying he sees little chance of material downward revisions to consensus earnings estimates. The analyst views the risk/reward as more balanced at current levels and upped his price target for the shares to $30 from $27.
04/20/17
04/20/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Starbucks (SBUX) upgraded to Buy from Hold at Stifel with analyst Mark Astrachan saying he views valuation as attractive and expects multiple expansion from accelerating U.S. comparable store sales growth to at least 5%-6% for the next four quarters starting in the June quarter. The analyst said shares have underperformed consumer and restaurant peers over the past 12 months and expects outperformance to be driven by meeting comp expectations. 2. Goldman Sachs (GS) upgraded to Overweight from Neutral at Atlantic Equities with analyst Christopher Wheeler telling investors investors shares are "oversold." The analyst expects the FICC business to bounce back and made just a small reduction in estimates to account for further cost measures. 3. Lear (LEA) upgraded to Outperform from Neutral at Baird with analyst David Leiker citing its recent underperformance despite improving fundamentals and a strong global auto backdrop. Leiker raised his price target to $161 from $160 on Lear shares. 4. Discovery (DISCA) upgraded to Neutral from Sell at Citi with analyst Jason Bazinet saying he sees little chance of material downward revisions to consensus earnings estimates. The analyst views the risk/reward as more balanced at current levels and upped his price target for the shares to $30 from $27. 5. Gap (GPS) upgraded to Neutral from Underweight at JPMorgan with analyst Matthew Boss citing the underperformance of the shares over the past 18 months and his fieldwork which suggests stability at Old Navy. The analyst raised his price target for the shares to $24 from $21. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/19/17
RBCM
05/19/17
NO CHANGE
RBCM
Discovery likely to make deal, says RBC Capital
As the situation deteriorates for media companies due to accelerating cord cutting and weak ad trends, RBC Capital analyst Steven Cahall thinks that companies in the sector will look to consolidate. He thinks that Discovery (DISCA) will likely look to combine with either Lionsgate (LGF.A,LGF.B) or Charter (CHTR) and could look to combine with Scripps Networks (SNI).
06/26/17
SBSH
06/26/17
NO CHANGE
SBSH
Buy
21st Century Fox valuation discount to peers is 'odd,' says Citi
Citi analyst Jason Bazinet calls 21st Century Fox's (FOXA) valuation discount to peers like Scripps Networks (SNI) and Discovery (DISCA) "odd." Fox is both structurally better positioned than peers and has less advertising exposure, Bazinet tells investors in a research note. He believes 2018 consensus estimates for the company are "fairly achievable" and keeps a Buy rating on the shares.
DISCK Discovery Communications
$25.56

0.01 (0.04%)

01/30/17
MSCO
01/30/17
UPGRADE
MSCO
Media sector ugpraded to Attractive from Cautious at Morgan Stanley
Morgan Stanley analysts led by Benjamin Swinburne upgraded the Media sector to Attractive given increased confidence in TV centric Media names. The analyst expects distribution revenue growth to accelerate in FY17 as the industry exits a period of major mergers among pay-TV distributors that resulted in significant reductions in distribution fees, incremental contribution from new streaming entrants, and the launch of OTT services. Swinburne said TV advertising is proving "resilient" and valuation levels are defendable as earnings are poised to accelrate, with US tax reform an additional tailwind. He recommends his new "Final Four" of Disney (DIS) and Madison Square Garden (MSG), which were upgraded to Overweight from Equal Weight, Viacom (VIAB), which was resumed with an Overweight, and Overweight rated Lionsgate (LGF.B).

TODAY'S FREE FLY STORIES

CCI

Crown Castle

$100.96

-0.42 (-0.41%)

16:28
10/18/17
10/18
16:28
10/18/17
16:28
Earnings
Crown Castle sees Q4 AFFO $430M-$435M »

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PEGI

Pattern Energy

16:28
10/18/17
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16:28
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16:28
Syndicate
Pattern Energy files to sell 8M shares of Class A common stock »

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USAP

Universal Stainless & Alloy

$21.12

-0.33 (-1.54%)

16:27
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10/18
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16:27
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Breaking Hot Stocks news story on Universal Stainless & Alloy »

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BDN

Brandywine Realty

$17.93

-0.02 (-0.11%)

16:26
10/18/17
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16:26
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16:26
Hot Stocks
Brandywine Realty announces joint venture disposition »

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RXDX

Ignyta

$16.25

1.9 (13.24%)

16:25
10/18/17
10/18
16:25
10/18/17
16:25
Syndicate
Breaking Syndicate news story on Ignyta »

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  • 18

    Oct

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NTB

Butterfield

$35.81

0.29 (0.82%)

16:25
10/18/17
10/18
16:25
10/18/17
16:25
Hot Stocks
Butterfield chief risk officer Frumkin named COO »

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  • 25

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VSEC

VSE Corp.

$58.21

0.01 (0.02%)

16:25
10/18/17
10/18
16:25
10/18/17
16:25
Hot Stocks
VSE Corp. awarded $35.6M in new delivery order awards »

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ADBE

Adobe

$153.00

2.62 (1.74%)

16:25
10/18/17
10/18
16:25
10/18/17
16:25
Conference/Events
Adobe to hold a briefing »

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  • 18

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HXL

Hexcel

$58.94

0.39 (0.67%)

16:24
10/18/17
10/18
16:24
10/18/17
16:24
Earnings
Hexcel narrows FY17 EPS guidance to $2.64-$2.72 from $2.64-$2.76 »

Consensus $2.68. Sees…

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UAL

United Continental

$67.99

0.48 (0.71%)

16:24
10/18/17
10/18
16:24
10/18/17
16:24
Hot Stocks
United Continental says Q3 pre-tax income reduced by about $185M due to storms »

During the quarter, the…

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  • 19

    Oct

BDN

Brandywine Realty

$17.93

-0.02 (-0.11%)

16:24
10/18/17
10/18
16:24
10/18/17
16:24
Earnings
Brandywine Realty sees FY18 EPS of 34c-44c, consensus 25c »

Announces 2018 FFO…

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  • 19

    Oct

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    Dec

CCI

Crown Castle

$101.03

-0.315 (-0.31%)

16:23
10/18/17
10/18
16:23
10/18/17
16:23
Earnings
Crown Castle reports Q3 adjusted EPS 21c, consensus 24c »

Reports Q3 revenue…

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TSC

TriState Capital

$22.75

-0.2 (-0.87%)

16:23
10/18/17
10/18
16:23
10/18/17
16:23
Earnings
TriState Capital reports Q3 EPS 35c, consensus 30c »

Reprots Q3 revenue…

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  • 19

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TBK

Triumph Bancorp

$31.80

0.25 (0.79%)

16:23
10/18/17
10/18
16:23
10/18/17
16:23
Earnings
Triumph Bancorp reports Q3 EPS 47C, consensus 44C »

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  • 19

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BDN

Brandywine Realty

$17.93

-0.02 (-0.11%)

16:23
10/18/17
10/18
16:23
10/18/17
16:23
Earnings
Brandywine Realty raises FY17 EPS view to 72c-74c from 17c-21c »

Consensus 24c. Adjusting…

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  • 19

    Oct

  • 14

    Dec

HXL

Hexcel

$58.94

0.39 (0.67%)

16:22
10/18/17
10/18
16:22
10/18/17
16:22
Earnings
Hexcel reports Q3 EPS 71c, consensus 68c »

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EBAY

eBay

$37.97

0.48 (1.28%)

16:22
10/18/17
10/18
16:22
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16:22
Hot Stocks
eBay added 2M active buyers in Q3 »

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BPFH

Boston Private Financial

$16.50

0.2 (1.23%)

16:22
10/18/17
10/18
16:22
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16:22
Earnings
Boston Private Financial reports Q3 EPS 22c, consensus 23c »

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  • 19

    Oct

AXP

American Express

$92.08

0.39 (0.43%)

, BRK.A

Berkshire Hathaway

$281,290.00

240 (0.09%)

16:22
10/18/17
10/18
16:22
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16:22
Hot Stocks
American Express says Squeri to succeed retiring Chenault as CEO »

American Express (AXP)…

AXP

American Express

$92.08

0.39 (0.43%)

BRK.A

Berkshire Hathaway

$281,290.00

240 (0.09%)

BRK.B

Berkshire Hathaway

$187.85

0.46 (0.25%)

03/08/13
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  • 18

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EBAY

eBay

$37.97

0.48 (1.28%)

16:22
10/18/17
10/18
16:22
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16:22
Hot Stocks
Breaking Hot Stocks news story on eBay »

eBay reports Q3 Gross…

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VRS

Verso

$6.00

0.2 (3.45%)

16:21
10/18/17
10/18
16:21
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16:21
Hot Stocks
Breaking Hot Stocks news story on Verso »

Mudrick Capital reports…

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EBAY

eBay

$37.97

0.48 (1.28%)

16:21
10/18/17
10/18
16:21
10/18/17
16:21
Earnings
eBay sees FY17 EPS $1.99 - $2.01, consensus $2.00 »

Sees FY17 revenue…

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CBG

CBRE Group

$39.96

0.3 (0.76%)

16:21
10/18/17
10/18
16:21
10/18/17
16:21
Hot Stocks
CBRE acquires Custom Spaces, terms not disclosed »

CBRE Group announced the…

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  • 03

    Nov

BDN

Brandywine Realty

$17.93

-0.02 (-0.11%)

16:21
10/18/17
10/18
16:21
10/18/17
16:21
Hot Stocks
Breaking Hot Stocks news story on Brandywine Realty »

Brandywine Realty raises…

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  • 19

    Oct

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    Dec

BKMU

BankMutual

$10.30

0.15 (1.48%)

16:20
10/18/17
10/18
16:20
10/18/17
16:20
Earnings
BankMutual reports Q3 EPS 8c, consensus 10c »

Reports Q3 provision for…

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