Most broadcast stocks down – 10/27/09
The Dow managed a slim gain Tuesday, as investors weighed a selloff in tech, a rally in energy and a surprise drop in consumer...
Dollar up, everything else down – 10/26/09
The dollar gained strength, which came as a surprise, and oil started hot, only to suffer reverses and it managed to take the rest...
Week ended on down note – 10/23/09
What had been a week of upbeat quarterly reports ended with the dollar strengthening, which hurt oil and other commodity prices. So, stock prices...
Upbeat Wal-Mart boosts Wall Street – 10/22/09
A forecast of sales growth by Wal-Mart was good for retail stocks and for broadcasters who stand to benefit from their advertising. Also, good...
Bank stock sell-off hurts whole market – 10/21/09
A downgrade of Wells Fargo & Co. to sell by Rochdale Securities banking analyst Richard Bove sent banking stocks tumbling on Wall Street and...
Wall Street cheers earnings reports – 10/19/09
Favorable earnings reports from Gannett and others put Wall Street traders in a buying mood on Monday. The Dow Jones Industrial Average rose 96...
Radio beats a down market – 10/16/09
Disappointing results from GE and Bank of America sent stock prices generally lower on Friday. The Dow Industrials fell 67 points, or 0.7%, to...
Oil up, stocks up – 10/15/09
A rise in oil prices boosted energy stocks and pushed the Dow Industrials to another high for 2009. The DJIA rose 47 points, or...
Dow closes back above 10K – 10/14/09
Broadcast stocks rode higher along with the rest of the market on Wednesday. The Dow Jones Industrial Average closed above 10,000 for the first...
Broadcasters beat a down market – 10/13/09
Wall Street didn't like a quarterly report from Johnson & Johnson, which showed sales down, even though cost-cutting kept profits up. The Dow Industrials...
Dow pushed to 2009 high on Columbus Day – 10/12/09
Wall Street trading was light due to the holiday on Monday, but the Dow Jones Industrial Average still managed to move up 21 points,...
Wall Street expects good earnings reports – 10/09/09
Expectations of good news as the quarterly earnings report cycle gets into full swing gave most stock prices a boost on Friday. The Dow...
Stock prices rise on retails sales good news – 10/08/09
Major retailers reported sales up in September - for most the first year-over-year monthly increase in over a year. That sent the Dow Industrials...
Radio stocks rise in a mixed market (but not TV) – 10/07/09
The Dow Industrials fell after two straight days of strong gains, dropping six points to 9,726. But the S&P 500 and Nasdaq Composite both...
Stocks rise on earnings hopes – 10/06/09
With the quarterly reporting season getting under way, Wall Streeters are betting that many companies will beat expectations and project further growth as the...