Services Stocks To Look Out For: Discovery Communications, Inc. (DISCA), Costco Wholesale Corporation (COST)
Discovery Communications, Inc. (DISCA) ended last trading session with a change of -0.69 percent. It trades at an average volume of 2.83M shares versus 2.16M shares recorded at the end of last trading session. The share price of $27.5 is at a distance of 16.23 percent from its 52-week low and down -8.06 percent versus its peak. The company has a market cap of $10.63B and currently has 386.37M shares outstanding. The share price is currently -3.75 percent versus its SMA20, -2.02 percent versus its SMA50, and 2.65 percent versus its SMA200. The stock has a weekly performance of -1.01 percent and is 0.33 percent year-to-date as of the recent close.
On Feb. 28, 2017 Discovery Communications, Inc. (DISCA) announced the commencement of a cash tender offer (the “Tender Offer”) by its wholly-owned subsidiary, Discovery Communications, LLC (the “Offeror”), for up to $600 million combined aggregate principal amount (the “Maximum Tender Amount”) of the Offeror’s 5.050% Senior Notes due 2020 (the “2020 Notes”) and 5.625% Senior Notes due 2019 (the “2019 Notes” and together with the 2020 Notes, the “Notes”).
Costco Wholesale Corporation (COST) recently recorded -0.5 percent change and currently at $164.55 is 19.76 percent away from its 52-week low and down -7.92 percent versus its peak. It has a past 5-day performance of -1.31 percent and trades at an average volume of 2.35M shares. The stock has a 1-month performance of -3.75 percent and is 3.05 percent year-to-date as of the recent close. There were about 440.3M shares outstanding which made its market cap $72.45B. The share price is currently -4.97 percent versus its SMA20, -1.57 percent versus its SMA50, and 3.83 percent versus its SMA200.
On March 02, 2017 Costco Wholesale Corporation (COST) announced its operating results for the second quarter (twelve weeks) and first half (24 weeks) of fiscal 2017, ended February 12, 2017.
Net sales for the quarter increased six percent, to $29.13 billion from $27.57 billion last year. Net sales for the first half increased four percent, to $56.60 billion from $54.19 billion last year.