Market gets no direction from Fed – 12/16/09
Stock prices closed mixed on Wednesday, as the Federal Reserve said "economic activity has continued to pick up and that the deterioration in the...
Euphoria takes a break – 12/15/09
Wall Street's recent advance came to a halt as a rise in the November Producer Price Index had traders worrying about what the Fed...
Mega energy deal fuels Wall Street euphoria – 12/14/09
Exxon Mobil announced a $41 billion deal to acquire XTO Energy and sent stock prices higher on Monday, with major indices hitting their highest...
Retail sales and stocks rose on Friday – 12/11/09
A gain in November retail sales was good news for stocks on Friday – and broadcast stocks were among the beneficiaries. The Dow Jones...
Shrinking trade gap cheers The Street – 12/10/09
Wall Street traders applauded a government report that the US trade gap improved in October. The Dow Jones Industrial Average was up 69 points,...
Wimpy buck is jolt juice for stocks – 12/09/09
The US dollar weakened against other currencies, which made investing in US companies cheaper and gave stock prices a boost on Wednesday. The Dow...
Market down, radio and TV stocks up – 12/08/09
Disappointing reports from 3M and McDonald's sent most stocks lower on Wall Street. But it appears the upbeat ad forecasts coming out of the...
Gloomy Ben sinks stocks (but not radio/TV!) – 12/07/09
Comments by Fed chief Ben Bernanke that unemployment may remain high for a while and that the economy still faces difficulties cash a dark...
Unemployment down, stocks up – 12/4/09
Some long-awaited good news on the job front sent stock prices higher on Friday. The Dow Jones Industrial Average gained 23 points, or 0.2%,...
A negative day – 12/3/09
Financial stocks fell after Bank of America announced a big equity offering so it can pay off its government TARP infusion, although BofA itself...
Falling oil prices produce mixed day – 12/2/09
Oil prices fell on Wednesday and prompted a sell-off in oil-sensitive stocks. By the closing bell, the Dow Jones Industrial Average was down a...
Stocks gain on weak greenback – 12/1/09
The weakness of the US dollar against other currencies gave a boost to shares of natural resource companies and pushed the entire market higher....
So-so Ho-ho-ho start pressures broadcast stocks – 11/30/09
So-so Ho-ho-ho start pressures broadcast stocks - 11/30/09A late rally in financial stocks pushed the Dow Jones Industrial Average and other broad measures higher,...
Stocks slip on Dubai debt issues – 11/27/09
Stocks tumbled Friday afternoon as fears about the fallout from Dubai's debt problems rattled The Street in a half-day session following Thanksgiving. The Dow...
Lower market on slow trading – 11/24/09
Radio and television went in opposite directions in Tuesday 11/24 trading, but neither went very far. Radio was down a little over 1%, and...