Verizon (VZ) and Scripps Networks Interactive (SNI) have struck a multi-year deal to stream Food Network, HGTV and other programming to Verizon Wireless users. The “mobile first video” content licensing agreement includes over 45 lifestyle shows, such as Food Network’s “Cutthroat Kitchen,” HGTV’s “House Hunters” and Travel Channel’s “Bizarre Foods,” the company said. Verizon shares climbed 1.1% to 47.08 in afternoon trading in the stock market
Accenture (ACN) reported better-than-expected fiscal Q3 earnings Thursday morning and raised its full-year guidance, sending the stock to a record high. Accenture reported revenue of $7.77 billion for the quarter ended May 31, up 0.4% from the year-earlier quarter and beating the consensus estimate of $7.54 billion among analysts polled by Thomson Reuters. Earnings per share minus items rose 3% to $1.30, beating the $1.23 analysts expected.
Medical device maker Glaukos (GKOS) was the early big winner of seven companies set to start trading Thursday, including credit rating agency TransUnion (TRU). Glaukos raised $118 million, as demand for the stock was strong ahead of its pricing late Wednesday. Glaukos priced 6 million shares at an above-range 18. Glaukos stock was near 29.50, up 65% in morning trading on the stock market today. Based in Laguna Hills, Calif., Glaukos is an