An up & down day for stocks – 05/11/10
Stocks seesawed Tuesday, losing steam late in a volatile session, as investors welcomed Europe's $1 trillion aid package, but still showed caution. The Dow...
Action across the Pond impacts Wall Street – 05/10/10
Believe it or not, broadcasters, running what is essentially a local-oriented business, rode a surging stock market into the black, all because of efforts...
Wall Street remains crazed, but not AS crazed – 05/07/10
The steepest peaks and deepest valleys of the day before were gone, but the Wall Street ride was still anything but smooth last Friday....
DJIA slides big, recovers a bit – 05/06/10
The Dow finished down 347.8 points, or 3.2% lower, to 10,520.32. DJIA had lost as much as 997.21 points in volatile trading. The slide...
ACME sets a pace that none could follow – 05/05/10
Most broadcast stocks found a pothole on their daily commute down Wall Street. On the radio side, SBS and Westwood One were mitigating factors,...
Stocks pummeled on debt fears – 05/04/10
Stocks tumbled Tuesday on worries that the global recovery could suffer if Europe's efforts to contain Greece's debt problems don't succeed, and if China's...
Good economic news boosts trading – 05/03/10
Better than expected news about consumer spending and manufacturing inspired investors to put more money into Wall Street. And it didn't hurt that investment...
Stocks fell on Friday – 04/30/10
Wall Street was spooked by reports that the US Justice Department has begun a criminal fraud probe of Goldman Sachs. The Dow Jones Industrial...
Bulls running on Wall Street – 04/29/10
Stock prices moved up strongly on Thursday as the Labor Department reported a drop in first time unemployment claims and more major companies reported...
Fed gives stocks a boost – 04/28/10
Comments from the Federal Reserve that the economy is looking better and that the Fed expects to keep interest rates low gave Wall Street...
Broadcast stock advance comes to an end – 04/27/10
Stock markets plunged Tuesday as the debt ratings of Greece and Portugal were downgraded. The Dow Jones Industrial Average dropped 213 points, or 1.9%,...
Broadcast stocks win again – 04/26/10
The broader market was mixed, but radio and TV stocks had another up day, no doubt helped by the going private transaction announced for...
Week ends with strong Wall Street advance – 04/23/10
The Commerce Department reported a strong gain in new home sales for March. Also, generally good corporate earnings reports kept stock traders in a...
Broadcast stocks rise again – 04/22/10
Good earnings reports from a variety of companies boosted stock prices on Thursday. The Dow Jones Industrial Average rose nine points, or 0.1%, to...
Broadcasters up in flat market – 04/21/10
Stock prices were generally flat on Wednesday, as traders worried about the cost of healthcare legislation. The Dow Jones Industrial average was up eight...