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Stocks rallied Friday after the latest employment numbers showed signs of a stabilizing job market.
CBS Corp stock traded up after hours on CEO Les Moonves' optimism about recovery after the company released earnings that suffered from the advertising recession.
Futures jumped Friday after the latest employment numbers showed signs of a stablizing job market.
Futures popped 8 points as the nonfarm payroll report, with a loss of 247,000 jobs, was better than even the consensus of a loss of 275,000. It was the best monthly number since August 2008.
Advertisers bought about 15 percent less commercial time from networks ABC, NBC, CBS and Fox for the upcoming TV season and — for the first time in years — paid less for the airtime they did purchase.
Stocks fell for a second straight session Thursday as tech stocks dragged after Cisco's tepid outlook and investors remained jittery ahead of tomorrow's jobs report.
Stocks pulled back Thursday after a higher open as Cisco dragged on the Dow.
As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks.
Stock index futures pointed to a mixed opening Thursday, with the tech-heavy Nasdaq futures faring the worst after Cisco's chief executive was cautious on calling a bottom.
It was a tough quarter for Viacom, which struggled the economy, namely the weak ad market and lower video game sales of its "Rock Band" game. Plus, Sumner Redstone's media giant had fewer movie releases and tough comps with last year.
Following are the day’s biggest winners and losers. Find out why shares of Dow Chemical and CBS popped while Harman International and Tyson dropped.
While the surge in tech and financials grab the headlines, a rather profound rally has occurred in media land. Look no further than stocks like Disney, CBS and Discovery Communications, which have posted respective gains of 31%, 28% and 35% over the last three months.
Walter Cronkite, an iconic CBS News journalist who defined the role of anchorman for a generation of television viewers, died Friday at the age of 92, his family said.
Cramer is having a hard time accepting that just one of this company’s franchises accounts for two-thirds of the market cap. Could Wall Street be wrong here?
Time Warner and Comcast's partnership to bring cable TV content to the Internet is adding more big brand-name partners.
Initial unemployment claims dropped a surprising amount. The four week moving average dropped 10,000 to 606,000. While only one week's number, let's still take an encouraging moment and hope that we might be entering a better phase of the economy.
It is now four weeks since the S&P 500 hit its recent closing high of 946.21 on June 12. The benchmark index is down 6.7% since then and some components have been hit harder than others bringing dividend yields back up again. Here is a screen for companies that have been beaten up but might have good value in the longer term.
Following are the day’s biggest winners and losers. Find out why shares of H&R Block and Electronic Arts popped while Starbucks and CBS dropped.
The idea to scan books and make them available online is intriguing, and it seems could ultimately help a struggling industry. But the question remains whether it's dangerous to put one company in control of so much information.
The media conglomerates are trading down today, off more than the Dow. One factor pulling them down is the Supreme Court's decision not to consider their appeal to challenge Cablevision Systems new DVR service.