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Stocks closed higher for a fourth straight week Friday, extending a September rally with huge daily gains fueled by optimism over the future direction of the economy Caterpillar and Alcoa rose, Oracle fell.
ESPN plans to shadow LeBron James and the Heat perhaps more than they have for any other athlete and team. The question is, will LeBron give ESPN anything worth their money?
Stocks surged Friday after a boost in durable goods orders—and despite news that home sales had their second-worst month on record in August. Art Cashin, director of floor operations at UBS Financial Services, discussed his market outlook.
After years of moaning about the death of broadcast TV as viewers move online and to cable, the broadest business is looking pretty healthy.
Disney's top Internet executive, Steve Wadsworth, resigned late Thursday following a difficult tenure in which the media giant’s Web strategy underwent repeated retrenchments.
Stocks sank in the last half hour of trading Thursday top close near the sesssion's lows amid light volume after a batch of economic reports failed to provide traders with enough optimism to continue a September rally. Walt Disney and GE fell, while Hewlett-Packard rose.
Stocks sank in the last half hour of trading Thursday after a batch of economic reports failed to provide traders with enough optimism to continue a September rally. Walt Disney and GE fell, while Hewlett-Packard rose.
Stocks turned positive Thursday as technology and consumer stocks gained, and banks fell, and investors absorbed another batch of mixed economic data. Alcoa and Hewlett-Packard rose, while Walt Disney fell.
Goldman Sachs' Communacopia hosted some major media CEOs Wednesday afternoon: the mood was upbeat with advertising on the rebound. They also had plenty to say about the value of content — and protecting that content — in the new digital landscape.
The failings of brick-and-mortar distribution models in film and entertainment, as seen in the shortly-anticipated bankrupty of film retailer Blockbuster, is opening the doors for new dealmakers in Hollywood, chairman and founder of Colony Capital Tom Barrack told CNBC Wednesday.
Gold hit record highs for a fifth consecutive session after the Fed implied it is ready to inject more cash into the economy, knocking the dollar. And the Dow is creeping up near the 11,000 level. So where should investors be putting their money?
Goldman Sachs annual media and technology conference — Communacopia — kicked off today with optimism and bullish comments from AT&T's CEO Randall Stephenson and Disney CEO Bob Iger. The event is a who's who of media, tech and telecom CEOs; the economy is top of mind, as is digital distribution and the growing smart phone and tablet market.
It may be too early to tell which toys parents will be hunting for this holiday season, but with Christmas just months away, there is already buzz building around Mattel's harmonizing plush characters, the Sing-a-ma-jigs. These critters and 14 other toys have made Toys 'R Us' "Fabulous 15."
Stocks opened higher Monday as investors awaited President Obama's comments on the economy and the Federal Reserve's policy meeting on Tuesday. Will stocks see a fourth week of gains? Art Cashin, director of floor operations at UBS financial services discussed his outlook.
Television executives are calling Monday night's season kick off one of the most competitive opening nights in recent memory, and each of the four major networks has something to prove and a lot on the line.
Stocks ended higher Friday, continuing a September rally despite trading with uncertainty most of the week. Caterpill and United Technologies rose, HP and JP Morgan fell.
Microsoft's "Halo: Reach" hit $200 million dollars in sales in just its first 24 hour on store shelves. That makes it the biggest debut of any movie or game so far this year. But how much will Microsoft actually make? And how does that compare to a blockbuster movie opening?
Stocks edged higher before the close Friday, putting the market on pace to continue a September rally despite trading with uncertainty most of the week. Dupont and Caterpillar rose, JP Morgan and HP fell.
Stocks are slightly higher after a burst at the open following news that a measure of consumer sentiment unexpectedly hit the lowest level in more than a year. Dupont and Disney rose, HP fell.
Stocks closed mixed as technology companies pulled the Nasdaq and Dow higher, although investors didn't have enough conviction in the future of the economy to break out of a tight trading range. HP and Cisco rose, while Alcoa fell.