Q4 begins on a down note – 10/01/09
Stock prices fell Thursday as investors worried about the government's jobs report due out this morning. A Labor Department report Thursday showed a jump...
Broadcast stocks beat a down market – 09/30/09
A drop in the Chicago Purchasing Managers Index weighed on stocks Wednesday, although the weakness in manufacturing appeared not to affect media stocks. The...
Lower consumer confidence weighs on stocks – 09/29/09
Wall Street was not pleased by an unexpected drop in the Conference Board's Consumer Confidence Index. The Dow Industrials fell 47 points, or 0.5%,...
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...
Stocks mostly lower Friday on mixed reports – 09/25/09
Radio stocks were an exception Friday as TV stocks and most other sectors fell on a mixed bag of reports. The consumer sentiment index...
Housing and oil sink stocks – 09/24/09
The rebound in home sales stalled in August, with the National Association of Realtors surprising Wall Street with a report of a 2.7% decline....
Stocks slip despite Fed optimism – 09/23/09
The Federal Reserve stated that economic activity has picked up, but that the Fed will keep interest rates low "for an extended period." That...
Most stocks up, but not radio – 09/22/09
Television stocks rose along with the rest of the market as Wall Street traders welcomed a rise in commodity prices. The Dow Industrials were...
Stocks mixed on Monday – 09/21/09
Declining oil and commodity prices put pressure on the Blue Chips. However, an analyst's upgrade for the biotech sector gave the Nasdaq Composite a...
As P&G goes, so go broadcasters – 09/18/09
A Citigroup analyst upgraded consumer products giant Procter & Gamble. And since P&G is a huge advertiser, that was good news for media stocks...