Wall Street / Trading Floor

More Red From Media Stocks On Wall Street

U.S. financial markets largely retreated in mid-week trading on Wednesday, as the Dow Jones Industrial Average fell 112.30 points, to 23,329.46, and the Nasdaq composite index dipped 34.54, to 6,563.89. Media stocks weren't immune to the overall dips, as Viacom once again lost ground.
Wall Street / Trading Floor

Wall Street Slump For DISH On FCC Chair’s Sprint Nod

U.S. financial markets slumped to start the trading week as worries over Chinese tech company Huawei clouded investor concern that a combined Sprint and T-Mobile, which FCC Chairman Ajit Pai and Commissioner Brendan Carr voiced approval of, would put a dent in DISH.

Stocks up ahead of Apple results

The Dow climbed Tuesday as investors cheered upbeat quarterly results from a range of companies, including 3M. But Apple and Netflix helped dent technology...

Stocks rebounded on Friday – 1/14/11

Strong earnings from JPMorgan Chase and expectations of more good reports to come sent stocks higher on Friday. The Dow Jones Industrial Average rose...

Greece to Miss a Payment, US Stocks Suffer

All we can say it’s a good thing Wall Street wasn’t following the lax attitude this author had about paying bills precisely on time...
Wall Street / Trading Floor

Radio’s Key Players Slide Toward Danger Zone

Paging Maverick and Iceman may not do the trick, but a trio of major radio industry companies need a little help.

Nasdaq Tops 6K As Beasley Stock Soars

It was a monumental Tuesday trading session on Wall Street, as the Nasdaq Composite index climbed above the 6,000 mark, finishing up 41.67, to 6,025.49. The Dow Jones Industrial Average improved 232.23, to 20,996.12. Beasley Broadcast Group surged 10.7%, to $16.55, pacing all media stocks.

Stocks slip in light trading – 12/30/10

Despite a government report of fewer new applications for jobless benefits, the stock market ended Thursday's session slightly lower. The Dow Jones Industrial Average...

Dow breaks 5-day winning streak

Stock market fell on Wednesday, with the Dow snapping a five-day winning streak and retreating from the record level reached on Tuesday. The blue-chip...

Emmis bucks the trend on Wall Street

Friday 6/28/13 trading was labeled mixed by those who cared to label it, with major indicators down a fraction of a percent, but somebody...
Wall Street / Trading Floor

A Weak End For Media Stocks

Urban One suffered a 9% dip in its share price, while iHeartMedia was off nearly 2% on word that, as of 5pm Wednesday, just 0.6% of the outstanding existing notes have been tendered. That is the same percentage as seen in early June.

Not Getting Enough Strife out of Greece?

Not to worry – China is also contributing a dose of anxiety about the global economy and NYSE had a lengthy power outage just...
CBS

CBS Corp. Sets Quarterly Dividend

The dividend is payable on Jan. 1, 2017, to shareholders of record on Dec. 9, 2016.
Wall Street / Trading Floor

Strong December Jobs Report Fuels Media Stocks

A surge in media industry stock values was seen on Friday, largely thanks to a highly positive employment report for December 2018 nevertheless clouded by a partial shutdown of the Federal government.

Stocks recover, but still down over Europe uncertainty

Stocks recovered Monday afternoon from modest losses earlier in the day, as investors considered the implications of leadership changes in France and Greece. The...