Some things just don't add up. The S&P 500 doesn't have 500 stocks. The Nasdaq 100? Think again. And the Wilshire 5000? Anything but 5,000.» Read More
Some of the names on the move ahead of the open.
Aug 5- Discovery Communications Inc, the owner of the Discovery Channel and Animal Planet, reported quarterly revenue and profit below analysts' expectations, hurt by lower ad sales and a strong dollar. Last month, Discovery said it would take full ownership of sports broadcaster Eurosport for 491 million euros from French media group TF1 Group and also renewed...
Aug 5- Discovery Communications Inc, the owner of the Discovery Channel and Animal Planet, reported a 2.7 percent rise in quarterly revenue, helped by growth in distribution revenue. However, net income available to the company fell to $286 million, or 44 cents per share, in the second quarter ended June 30, from $379 million, or 54 cents per share, a year earlier.
The ADP report is not seen as an exact preview for the jobs report but it can give directional hints, and the market watches it for any big surprises.
The marketplace forces undermining traditional media conglomerates are being exploited by Netflix, media analyst Rich Greenfield tells CNBC.
Disney is set to report earnings next week, "Fast Money” traders give potential takeover targets for the company.
August is here, bringing the final few pieces of data the Fed has left to consider before it holds its rates meeting in September.
Under the deal, Comcast's Xfinity TV customers in the United States will get Discovery's 12 U.S. networks, allowing them to access both past and current Discovery content on mobile devices for the first time. Discovery and Comcast had previously clashed over Comcast's scuttled deal to acquire Time Warner Cable Inc earlier this year. Comcast had accused...
July 22- Discovery Communications Inc said on Wednesday it would take full ownership of sports broadcaster Eurosport for 491 million euros from French media group TF1 Group. Last year, Discovery increased its stake in Eurosport to 51 percent from the 20 percent stake it took in 2012.. The latest deal also includes a provision for TF1 to buy back Discovery's 20...
Here's what to expect from this year's annual "summer camp for moguls" in Sun Valley, Idaho.
Discovery Communications has agreed to pay 1.3 billion euros ($1.4 billion) to screen the Olympic Games from 2018 to 2024 across Europe.
Before the fame of Shark Week and "Sharknado," "Jaws" kicked off America's infatuation with sharks.
The middle class is back, and some analysts say it's time to dip into the retail stocks that could benefit the most.
June 9- Fuhu Inc, creator of kid-friendly computer tablets, said it will launch a new tablet that includes content from Walt Disney Co, Dreamworks Animation SKG Inc, Discovery Communications Inc and others. The tablet, called nabi Pass Tab, has a $9.99 monthly fee for a two-year subscription, while a one-year subscription costs $14.99 a month.
June 3- Lions Gate Entertainment Corp could buy television network Starz and other "free radicals" in the industry, media mogul John Malone told the Wall Street Journal. Lions Gate had a 2.3 pct stake in Starz's series A common stock as of March 30. Lions Gate was interested last year in pursuing a merger with Starz, but the two sides could not come to terms over...
LOS ANGELES, May 30- Jim Bob and Michelle Duggar, the father and mother in TLC reality show "19 Kids and Counting," said on their website on Saturday they would soon appear in a Fox News interview, where they will address allegations that their son had molested girls when he was younger. The scandal was touched off when In Touch magazine published a police report...
Retailers Walgreen Co and Payless Shoesource Inc, and hotel chain group Choice Hotels International Inc on Tuesday followed the lead of General Mills Inc in removing their ads from the program. "We share your concerns and we have decided to remove our advertising from the show," said Choice Hotels, which runs Comfort Inn and Econo Lodge chains, among others.
Equilar's list of the top 200 CEOs' compensation shows that shareholder return often takes a backseat.
The average corporate CEO makes 373 times the average worker. Here is a look at how CEO pay is structured and why it's rising.
BOSTON, May 12- Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. The CEOs of 11 major media companies were given median compensation of $32.9 million for 2014, much higher than any other industry group in the Standard& Poor's 500 index, according to regulatory filings posted in the first four months...