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Disney reported its fourth quarter and full year earnings after the bell Thursday, and Wall Street has been trying to sort out the economic impact on the media giant, which so far has performed much better than its peers through the downturn.
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Cramer, however, has a more positive take on the stock. Plus, calls on Verizon, AT&T, Apple and more.
Stocks will be volatile but a little calmer in November after the brutally wild weeks of October. The presidential election should give the market a bounce in the week ahead, but the focus will quickly shift back to the economy.
With investors bracing for a nasty recession many are wondering if the entertainment industry could be recession-resistant?
Friday’s rally gave the Dow & S&P back-to-back daily gains for the first time since late September. The Nasdaq finished up for the fourth straight day—a feat it hasn’t accomplished since May.
Thursday TiVo and Netflix announced a partnership that will make it even easier to give consumers the entertainment they want, on demand, from the comfort of their living room couch.
A friend of a friend, who happens to be a senior executive at a New York based media conglom, was lamenting this recently as he braced for another big RIF (reduction in force) at his company
Despite the pullback in consumer spending and steeper than ever competition, Comcast on Wednesday reported remarkable growth in its third quarter.
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With Disney's fourth quarter and full-year earnings coming up on November 6th the company is in the spotlight: can it sustain its growth and the premium its stock is trading through the financial crisis and consumer pullback?
Stocks went on another rollercoaster ride Friday, opening sharply lower before a series of ups, downs and curves, and an afternoon burst of bargain hunting that sent the Dow up more than 200 points.
Ted Parrish, portfolio manager at Henssler Equity Fund, told CNBC it's a good time to take advantage of what big-cap stocks offer.
High quality stocks are on the cheap, said Abhijit Chakrabortti, Morgan Stanley chief global equity analyst.
Facing an increasingly bleak economic picture, media giant Viacom cut its financial outlook for the first year, sending its shares, and shares of other media stocks, falling.
Investors struggled with yet another day of meaningful losses in the Dow.
As I watch the markets tumble and I hear talk not just of recession, but of depression, I have to wonder whether there's any chance 75 percent of SAG members would vote to strike, which is what it takes to get authorization.
While Wall Street and Washington were working on trying to fix our economy, one of the strongest brands in Hollywood celebrated its upcoming lineup, perhaps remembering that movie going usually booms during a recession.