Yahoo Inc. (NASDAQ:YHOO) shares tumbled 6.6% to settle at $34.07 after the Chinese e-Commerce giant, Alibaba, filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission.Yahoo! Inc. (NASDAQ:YHOO) net profit margin is 27.60% and weekly performance is -7.09%. On last trading day company shares ended up $33.92. Analysts mean target price for the company is $42.22. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -6.95%.
Liberty Global and Discovery Communications Inc. (NASDAQ:DISCA) announce agreement to form a 50:50 joint venture to acquire All3Media for ~$930 mln (LBTYA) : Co and Discovery Communications (DISCA) announced an agreement to form a 50:50 joint venture to acquire All3Media, a leading international producer and distributor of award-winning TV programming, from its founders and the Permira funds. Discovery Communications Inc. (NASDAQ:DISCA) shares advanced 2.26% in last trading session and ended the day on $74.36. G DISCA ross Margin is 69.50% and its return on assets is 7.30%. Discovery Communications Inc. (NASDAQ:DISCA) quarterly performance is -9.25%.
Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) controlled by billionaire John Malone, and Discovery Communications Inc. (DISCA) agreed to acquire Permira Advisers LLP’s television producer All3Media in a deal valuing the company at 550 million pounds ($932 million). Liberty Global and Discovery will each pay about 90 million pounds in cash. The transaction will be financed with equity and credit facilities raised at All3Media. Discovery and Liberty will form a 50-50 joint venture to hold the company, which will maintain the All3Media name, Discovery and Liberty said in a joint statement. The deal extends Liberty’s European dominance in the cable and television industry. Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) shares moved up 0.80% in last trading session and was closed at $43.04, while trading in range of $42.57 – $43.29 -. Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) year to date (YTD) performance is -5.36%.
Leave a Reply