(Reuters) - Discovery Communications reported a lower-than-expected quarterly profit on Tuesday, hurt by losses at the Oprah Winfrey Network (OWN), sending its shares down 6.5 percent.
(Reuters) - Discovery Communications reported a lower-than-expected quarterly profit on Tuesday, hurt by losses at the Oprah Winfrey Network (OWN), sending its shares down 5.5 percent in morning trading.
(Reuters) - Discovery Communications reported a lower-than-expected quarterly profit as it was hurt by losses at the Oprah Winfrey Network (OWN) - a joint venture with the "queen of talk."
Tuesday, 8 May 2012 | Posted By:
| Source: CNBC.com
Stocks recovered more than half their losses, but still closed in negative territory Tuesday as political uncertainty in Greece kept investors on edge.
U.S. stock index futures pointed to a lower open on Wall Street on Tuesday as investors continued to fret over the euro zone following elections in France and Greece over the weekend.
Stocks accelerated their losses in the final minutes of trading to close sharply in the red for the fourth-straight session Monday after last week's disappointing jobs report raised concerns over the strength of the economy. Stocks had modestly clawed back from their lows throughout the afternoon after tumbling heavily at the open.
The ratings are finally in for “Oprah’s Next Chapter,” the media queen’s new show on OWN and the Sunday night premiere drew 1.1 million viewers... Read More