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UPDATED: SNL Kagan expects advertising and carriage fee challenges ahead and a Discovery write-down, but a Discovery spokesman says the venture has “more business momentum than ever before” and the company is confident in its future. NEW YORK — SNL Kagan analyst Derek Baine on Wednesday predicted that cable networks group Discovery Communications would have to take a write-down on its Oprah Winfrey joint venture OWN and that the network would record a higher loss [...] (Reuters) – Apple Inc shares fell as much as 3 percent in early trading on Monday after an analyst said the iPhone maker was cutting orders from suppliers of parts for its iPad tablet. JPMorgan Chase said in the research note out of Asia that several suppliers indicated in the past two weeks that Apple lowered fourth-quarter iPad orders 25 percent. “Our understanding is that this [...] |
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