Amid weak economic data and advertising sales, media companies are looking for additional sources of revenue to supplement lagging advertising sales. Because CBS relies heavily on advertising revenue, its stock may have hit its peak, one analyst said—but another analyst is still long on the media giant.
How should you trade CBS earnings, a big Walmart downgrade and the latest sales data from Ford. Get the word on the Street, here!
A look at after hours action of CBS following its earnings report, with the Fast Money traders.
Stocks sold off sharply to end at session lows Tuesday with the Dow down for an eighth day amid economic worries and even after President Obama signed a bill to avoid a debt default.
Discussing which media stocks are likely to remain on a strong run, with Michael Morris, Davenport & Company, and Porter Bibb, Media Tech Capital Partners.
Stocks declined Tuesday amid worries over economic growth and as a last-minute congressional deal to raise the U.S. debt ceiling failed to ease worries about a possible U.S. credit downgrade.
Hulu has helped to free television from the tyranny of the TV set, but questions about how to make money off online content pose a challenge to the Web site’s future and eventual buyer, the New York Times reports.
Following are moves you might have missed. Find out why shares of CBS and Boeing popped while Hanes and United Technologies dropped.
“Watch Google stock on Friday," says Fast trader Joe Terranova. After these blockbuster results, he thinks money managers may have to chase this name!
I blogged Friday that Dykstra has started tweeting, a difficult task considering the only mode of communication in lockup is a pay phone. Who was actually running his Twitter account? This weekend, I heard from that person—Daniel Herman, who says he is Dykstra's business manager.
Attorneys for Lance Armstrong have demanded an on-air apology from "60 Minutes" after the head of Switzerland's anti-doping laboratory denied allegations the seven-time Tour de France winner tested positive for performance-enhancing drugs at the 2001 Tour de Suisse.
With May coming to an end today, here is a look at the best and worst performing stocks within the major US averages, as of midday trading.
Oprah's absence will deal a blow across the broadcast networks — to CBS which distributed the syndicated show, as well as airing it on its affiliates, along with ABC, Fox and NBC. And it wasn't just a place filler — Oprah's reliable ratings played a key role drawing viewers into local newscasts.
On “60 Minutes,” a Lance Armstrong teammate said that riders led double lives revolving around drugs, the New York Times reports.
The Fast Money traders take a look at today's biggest market movers.
When TiVo launched a dozen years ago, industry-watchers worried the DVR would be the death-knell of television. But here we are in the midst of yet another Upfront ad sales season, and DVR technology is actually playing a crucial role in keeping certain shows alive. Instead of killing the networks and their precious advertisers, in many cases, DVRs provide crucial technology to understand exactly who is watching what, and when.
CBS signed on Ashton Kutcher to its hit show 'Two and a Half Men' just in time for the TV Network Upfronts, which start on Monday.
The entertainment giant's slumped slipped in after-hours trading Tuesday after the Dow component posted earnings and revenue that missed Wall Street expectations.
Will Disney benefit from an advertising rebound and a return of consumer spending? That's what Wall Street will be looking for when the media giant reports its fiscal second quarter earnings after the market close.
CEOs at the nation's largest companies were paid better last year than they were in 2007, when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today.