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DISCA

Discovery

$26.80

0.41 (1.55%)

09:17
07/31/17
07/31
09:17
07/31/17
09:17

Discovery CEO sees Olympics site selection announcement within next few weeks

Asked if he has a sense of when the site of the 2024 Olympics would be announced, Discovery CEO David Zaslav said he expects "probably...within the next few weeks," adding "if it turns out to be Paris it will be a very big deal for us as we have the Olympics across all of Europe in 2024, and the buildup to it is a tremendous amount of excitement all across Europe at the prospect of it."

  • 31

    Jul

DISCA Discovery
$26.80

0.41 (1.55%)

07/26/17
WELS
07/26/17
NO CHANGE
WELS
Scripps Networks could be acquired for $91-$95 per share, says Wells Fargo
After the Wall Street Journal reported that Discovery (DISCA) and Viacom (VIAB) are interested in buying Scripps' (SNI) assets, Wells Fargo estimates that Scripps could be acquired for $91-$95 per share. The firm believes that the acquirer or acquirers could realize a total of about $175M of non-programming expense synergies. It keeps a Market Perform rating on Scripps.
07/25/17
NEED
07/25/17
NO CHANGE
NEED
Hold
Needham likes Scripps Networks best as Discovery merger partner
Needham analyst Laura Martin believes Discovery (DISCA) will decide to protect its U.S. asset value rather than exit, and likes Scripps Networks (SNI) best as a merger partner for the company. The analyst reiterates a Hold rating on Discovery's shares.
07/20/17
07/20/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Tesla (TSLA) initiated with a Neutral at Citi. 2. Johnson & Johnson (JNJ) reinstated with an Outperform at Credit Suisse. 3. Tile Shop (TTS) initiated with a Hold at Loop Capital. 4. Spring Bank Pharmaceuticals (SBPH) initiated with an Overweight at Cantor. 5. Discovery (DISCA) and Scripps Networks (SNI) were initiated with a Market Perform at Wells Fargo. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/20/17
WELS
07/20/17
INITIATION
WELS
Market Perform
Scripps Networks initiated with a Market Perform at Wells Fargo
Wells Fargo started coverage of Scripps with an $82 price target and a Market Perform rating. The firm says the company has a number of strengths, including "very low affiliate fees, extremely high engagement, an educated female audience," better ratings than peers and continued ad revenue growth of around 5%. However, the firm says it doesn't necessarily believe that Discovery (DISCA) is "the right partner" for Scripps, and "it's tough to get overly excited" about Scripps at the current stock price.

TODAY'S FREE FLY STORIES

RPM

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MDXG

MiMedx

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$NYE

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IRBT

iRobot

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MDXG

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FDS

FactSet

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-0.382 (-0.24%)

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GE

General Electric

$24.62

-0.1264 (-0.51%)

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19K GE Oct 27 - Jan 27 call spreads at 20c on ISE »

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  • 11

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RTNB

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MATX

Matson

$22.53

-6.8159 (-23.22%)

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SPY

SPDR S&P 500 ETF Trust

$243.52

0.4256 (0.18%)

, SPX

S&P 500

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SPY

SPDR S&P 500 ETF Trust

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0.4256 (0.18%)

SPX

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KEY

KeyCorp

$17.68

-0.115 (-0.65%)

13:50
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Short-term call buyers in KeyCorp »

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  • 11

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FB

Facebook

$166.91

-3.09 (-1.82%)

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  • 18

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AMC

AMC Entertainment

$12.53

-0.625 (-4.75%)

13:45
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AMC Entertainment call volume above normal and directionally bullish »

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  • 05

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TEVA

Teva

$17.21

0.11 (0.64%)

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  • 30

    Aug

LGF.A

Lionsgate

$28.25

0.21 (0.75%)

, LGF.B

Lionsgate

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TWX

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FOX

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SNE

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CMCSA

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CMCSK

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MATX

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LYV

Live Nation

$39.06

0.02 (0.05%)

, FB

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BZUN

Baozun

$33.50

-1.98 (-5.58%)

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  • 21

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FB

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$166.91

-3.09 (-1.82%)

, EBAY

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$34.85

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FB

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  • 18

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PEI

Pennsylvania REIT

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-0.28 (-2.69%)

, FL

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Shares of Pennsylvania…

PEI

Pennsylvania REIT

$10.11

-0.28 (-2.69%)

FL

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LB

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  • 18

    Aug

SPX

S&P 500

13:17
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WH Press Sec.: Kelly, Bannon 'mutually agreed today would be Steve's last day' »

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$NSD

NASDAQ Market Internals

13:17
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$NYE

NYSE Market Internals

13:16
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NYSE market internals summary »

Volume is average for…

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SPX

S&P 500

13:15
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