The fund owned 72,701 shares of the company's stock after buying an additional 15,890 shares during the period. SRS Capital Advisors Inc. increased its stake in shares of Scripps Networks Interactive by 13.3% in the first quarter.
A previous attempt to merge the two companies failed back in 2014, but this latest set of talks has resulted in a deal. Acadian Asset Management LLC bought a new position in shares of Discovery Communications during the first quarter worth approximately $134,000.
The schedules to the Agreement and Plan of Merger have been omitted from this filing Discovery Communications, Inc.
U.S. tests missile-defense system over Pacific Ocean
That missile can reach deep into the USA mainland if launched on a standard trajectory, according to experts. U.S. forces carried out a successful test Sunday of a missile-interception system, military officials said.
Discovery Communications, Inc. has a 52 week low of $22.85 and a 52 week high of $29.18. The firm has a 50 day moving average of $26.21 and a 200 day moving average of $27.38. It has a 12.07 P/E ratio.
DISCA stock was down 7% and SNI stock was up slightly as of Monday morning. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.09. Discovery Communications had a net margin of 17.50% and a return on equity of 23.67%. The company's quarterly revenue was up 2.2% on a year-over-year basis. On average, analysts forecast that Discovery Communications, Inc. will post $2.24 earnings per share for the current fiscal year. (NASDAQ:DISCK) news were published by: Nasdaq.com which released: "Discovery Communications, Inc". If you are viewing this news story on another website, it was stolen and reposted in violation of United States & worldwide trademark & copyright law.
A number of research firms have issued reports on DISCK. ValuEngine cut shares of Discovery Communications from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd. The shares were sold at an average price of $26.43, for a total transaction of $245,349.69. That's more than Viacom, the next-biggest TV company by market value. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. About 8.07M shares traded or 355.93% up from the average. Following the sale, the director now owns 188,676 shares of the company's stock, valued at $4,901,802.48. The disclosure for this sale can be found here.
"While both companies have largely reality-based programming, the genres/ content are different, with Discovery's content more easily travelling globally vs. Scripps'", he said. The Company's content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.
According to Wojnarowski, the Suns are not now willing to include 2017 fourth-overall pick Josh Jackson . Because of that, the Heat's 2020 first-round selection and 2022 first-round pick now remain off-limits.
Lindsey Graham of SC , a frequent Trump critic, welcomed Kelly as "one of the strongest and most natural leaders I've ever known". James Mattis is Trump's defense secretary, and Trump's first choice for national security adviser was retired Army Lt.
Starbucks acquired the US mall-based chain in 2012, with then-CEO Howard Schultz citing the huge potential for the tea market. Twitter users referenced the high price of Teavana products and the fact that not as many in the US drink tea.
Prices of US government debt rose after the release of the data while the dollar initially fell against a basket of currencies. Spending rose 2.8% in the second quarter as Americans bought more groceries and clothes and paid more for health care.
After Hamilton's comfortable homecoming victory at Silverstone, the Briton was expected to take charge of the world title race. At turn two of the opening lap , the two Red Bulls collided when Verstappen over-steered into his teammate.
In 2012, the Supreme Court convicted then-Prime Minister Yusuf Raza Gilani in a contempt case, forcing him to leave office. He also said that need of the hour is to divide Pakistan into four parts with the help of China.
But, they are more critical of Dom Smith, who is expected to be called up to replace Duda "soon", according to a Mets source . Addison Reed , Jay Bruce, Curtis Granderson and Asdrubal Cabrera are all reportedly available to be traded .
Then, he was the subject of a remarkable public rebuke on Thursday by the new White House communications director. In an interview on CNN last night, Priebus said he talked to Trump on Thursday and offered his resignation.
3 more Cong MLAs resign in Guj ahead of RS polls
It is the fear of such cross-voting and to avoid any further desertion that the party chose to send its MLAs outside Gujarat. BJP chief Amit Shah will contest the biennial election to the Rajya Sabha from Gujarat, the party announced on Wednesday.
Trial dates fixed for Jong-nam's accused murderers
Meanwhile, the police are still trying to trace four North Koreans who are suspected of having taken part in the murder plot. Malaysian police have said four North Korean suspects fled the country on the same day Kim Jong Nam was killed.
Mercedes says Q3 error cost Hamilton pole shot
Being first on the grid is Hamilton's "party trick", says Rebecca Clancy of The Times , and he will be aware of the milestone. I don't think we could have matched the Ferraris even if I did a great lap".
Oil Price Reaches Top Level in Almost Eight Weeks
USA oil drillers added two rigs in the most recent week, the third week of gains, raising the overall rig count to 766. USA stockpiles continued to fall this week, and OPEC insists it will curb supplies through 2018, if necessary.
Major power outage on Outer Banks; 9000 homes impacted
By Friday morning, portable generators had power going to some local businesses, bringing back some normalcy to parts of Hatteras. A few hours later a fault was found in a transmission cable attached to the Bonner Bridge.