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Company Overview and News
Discovery Communications (DISCA - Free Report) just came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.
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News Corporation (NWSA - Free Report) is slated to report fourth-quarter fiscal 2018 results on Aug 9. The company outperformed the Zacks Consensus Estimate in all the trailing four quarters by an average of 79.6%. In the last reported quarter, this diversified media conglomerate delivered a positive earnings surprise of 20%. Let’s see how things are shaping up prior to this announcement. Which Way Are Top & Bottom-Line Estimates Headed? The Zacks Consensus Estimate for the quarter under review stands at 6 cents, reflecting a year-over-year decline of 45.
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Good morning, ladies and gentlemen. Welcome to the Q2 and H1 2018 results call of ProSiebenSat.1 Media SE. This conference is being recorded. Today's call is hosted by Ms. Stefanie Rupp-Menedetter. Please go ahead.
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Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Discovery Communications (DISCA - Free Report) , which belongs to the Zacks Broadcast Radio and Television industry, could be a great candidate to consider.
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I certainly understand the appeal of Viacom (NASDAQ:VIA,VIAB) stock. Viacom B stock (which is much cheaper than the VIA Class A issue), the stock trades at just 6.5x 2019 consensus EPS. That still is probably too much to pay for Viacom stock.
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Media mogul Oprah Winfrey just became one of the 500 richest people in the world. Since January 1, her net worth has grown by over $420 million and now totals $4.02 billion, according to the Bloomberg Billionaires Index.
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On Jun 14, the tech-heavy Nasdaq Composite index scaled a fresh high at closing. Yesterday’s rally can be attributed to strong showing by media, telecom and tech stocks fueled by market anticipation of mega merger deals. This also highlights the gradual fading of investors’ apprehensions regarding the trade and geopolitical issues, which was the primary reason behind severe market volatility in the last three months.
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The acquisition of Time Warner Inc (NYSE:TWX) by AT&T Inc. (NYSE:T) appears to be a go. And the approval of the AT&T-TWX merger, announced Tuesday afternoon, already is reverberating through the market.
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Palatin Technologies Inc. shares surged 9% in premarket trade Monday, after the company said the U.S. Food and Drug Administration has accepted the new drug application for bremelanotide, a treatment for female sexual desire disorder. The NDA was filed by Amag Pharmaceuticals Inc. , Palatin's exclusive North America licensee, in March. The goal date for completion of the review is March 23, 2019. If approved, bremelanotide would be the first and only treatment for hypoactive sexual desire disorder (HSDD) in pre-menopausal women.
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The technology giant struck data-sharing partnerships with at least 60 device makers — including Amazon, Apple, BlackBerry, Microsoft and Samsung — over the last decade. The company claimed that those deals were supposed to make it easier for people to use Facebook before its app was widely available on smartphones. But an NYT investigation found that the deals provided wide-ranging access to user data, and that many arrangements still exist, even though Facebook said that it had cut such off third-party access in 2015.
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PARIS (Reuters) - Orange (ORAN.PA), France’s biggest telecoms operator, is looking to merge its Orange Cinema Series (OCS) arm with Altice Studio (ATCA.AS) to create a new business big enough to challenge the likes of Netflix (NFLX.O), Le Figaro newspaper reported.
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2018-08-13 - Asif
Core Business At Ballard, Ballard Power Systems is building a clean energy growth company. Ballard Power Systems is recognized as a world leader in proton exchange membrane (“PEM”) fuel cell power system development and commercialization. The company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on its power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer, and the license and sale of its extensive intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. The hydrogen fuel can be obtained from natural g...
2018-08-13 - Asif
Overview Marathon Patent Group was incorporated in the State of Nevada on February 23, 2010 under the name Verve Ventures, Inc. On December 7, 2011, the company changed its name to American Strategic Minerals Corporation and were engaged in exploration and potential development of uranium and vanadium minerals business. In June 2012, the company discontinued its minerals business and began to invest in real estate properties in Southern California. In October 2012, the company discontinued its real estate business when its former CEO joined the firm and the company commenced its IP licensing operations, at which time the Company’s name was changed to Marathon Patent Group, Inc. On November 1, 2017, the company entered into a merger agreement with Global Bit Ventures, Inc. (“GBV”), which is focused on mining digital assets. Marathon Patent Group has since purchased its cryptocurrency mining machines and established a data center in Canada to mine digital assets. Following the me...
2018-08-13 - Asif
Business and Organization Endocyte, Inc. is a biopharmaceutical company and leader in developing targeted therapies for the treatment of cancer. The Company uses drug conjugation technology to create novel therapeutics and companion imaging agents for personalized targeted therapies. The agents actively target receptors that are over-expressed on diseased cells relative to healthy cells, such as prostate specific membrane antigen (“PSMA”) in prostate cancer. This targeted approach is designed to safely enable the delivery of highly potent drug payloads. The companion imaging agents are designed to identify patients whose disease over-expresses the target of the therapy and who are therefore more likely to benefit from treatment. In September 2017, the Company entered into a Development and License Agreement (the “License Agreement”) with ABX advanced biochemical compounds – Biomedizinische Forschungsreagenzien GmbH (“ABX”), pursuant to which the Company acquired exclusive ...
as of ET