Stocks Rise to End Week
U.S. stocks rose Friday, with the S&P 500 reaching record highs. Radio posted a loss, while Television posted a small gain.
The RBR Radio Index...
More Wild Movements On The Stock Market
U.S. financial markets gyrated significantly once again on Tuesday, as the Dow Jones Industrial Average jumped ahead 389.17 points, to 24,033.36. Nasdaq gained 71.16, to 6,941.28. For media stocks, it was mostly a rebound session. However, Viacom's Class B shares suffered from more unsubstantiated reports about a reunification from CBS Corp. — this one claiming that CBS today made an all-cash offer with a valuation below its current stock price.
Stocks Bounce Back
Stocks bounced back today to new session highs. Financial and energy stocks led the way after The Federal Reserve decided to leave interest rates...
Stocks fall on earnings; Alcoa weighs on Dow
Stocks fell sharply Wednesday, with the S&P 500 Index ending lower for a fourth consecutive trading session, after aluminum producer Alcoa cut its global...
Stocks close lower on investor caution
Stocks closed lower Thursday after paring earlier losses as investors treaded lightly awaiting a correction of the market's recent rally. The Dow Jones Industrial...
Markets Drop After Holiday Weekend
U.S. financial markets moved downward on Monday, as the Dow Jones Industrial Average fell 1.58% to 24,361.45. The Nasdaq composite index lost 0.50%, ending the day’s trading session at 7,396.59.
Parsons’ Green Light To Take Interim Board Chair At CBS
The post-Les Moonves era at CBS Corporation entered another new chapter on Wednesday, as Dick Parsons — the former head of Time Warner — has been named Interim Chairman of the company's Board of Directors.
M&A activity drives stocks higher – 09/28/09
Both Xerox and Abbott Laboratories announced major acquisitions on Monday, indicating corporate confidence in future economic growth and exciting stock traders. The Dow Industrials...
‘Material Short-Term Potential Upside’: This Analyst Loves Dish
Its shares have rebounded to where they were a month ago, following a better than expected Q3 result -- its first with T-Mobile assets. That led Pivotal Research Group Principal and Entertainment/Interactive Subscription Services Analyst Jeffrey Wlodarczak to update his valuation model on Dish. The result? Pivotal is raising its target price for the company's stock.
Emmis Puts Its Dollars Into In-Game Advertising
It considers itself to be "the most advanced intrinsic in-game advertising" platform in the world. And, it has just announced a $48 million Series B funding round, which "significantly increases" its valuation. The infusion of dollars for Anzu involves "several new high-profile investors." Who led the funding round? Look no further than Jeff Smulyan.
Banks boost the market – 10/18/10
Strong quarterly reports from some major banks gave encouragement to the stock market on Monday. The Dow Jones Industrial Average rose 81 points, or...
Entravision Falls To Fall ’14 Levels
Investors may be a little nervous as to what awaits for Entravision in Q1. The company's stock dipped again on Monday, and is now trading at levels not seen in 3 1/2 years.
A Big Special Dividend For Saga Shareholders
Saga Communications shareholders of record as of today will be receiving a Christmas bonus of sorts come January 12, 2024, as the company's Board of Directors is moving forward with a sizable special cash dividend. Today's activity likely prices the dividend into the value of the company's stock.
Stocks end sharply lower as Apple slides
Stocks fell sharply on Wednesday to reclaim much of the prior day's advance, with sentiment hit by disappointing company results and an Apple supplier's...
Few tears to dry for broadcasters on Friday
Kimberly Clark may have needed some tissues after reporting both disappointing results and outlook, but broadcasters kept their losses to a bare minimum on...