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Billionaire value investor Mario Gabelli told CNBC Thursday that he sees big opportunities in media stocks, specifically Time Warner, News Corp, Viacom, and Discovery.
Nov 14- Viacom Inc reported a nearly 9 percent rise in fiscal fourth-quarter revenue on Thursday, driven by strong advertising growth at its cable networks and improved television ratings, but forecast weaker ad performance in the current quarter.
Nov 14- Viacom Inc reported a nearly 9 percent rise in fiscal fourth-quarter revenue on Thursday, driven by strong advertising growth at its cable networks and improved television ratings. Analysts noted that ratings at Viacom's Nickelodeon, MTV, Spike, BET and Comedy Central networks all increased in the quarter.
Some of the names on the move ahead of the open.
The Fed will continue with $85 billion monthly securities purchases but spooked markets by not mentioning its financial concerns cited in September.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
Check out which companies are making headlines after the bell Tuesday:
Nathan Sawaya worked as an attorney for years, but the work just wasn't satisfying. So he ditched his job to pursue his art: creating sculptures from Legos. It's paying off.
There is no better time to be in the media business than right now and Western Europe is looking like a new emerging market, said Discovery CEO David Zaslav.
David Zaslav, Discovery Communications president and CEO, discusses what's driving revenues and why he sees the biggest growth opportunities in Western Europe.
It's the last heavy week of earnings, with five Dow components and 135 of the S&P 500 companies expected to report next week. From the oil giants to content companies, what to watch.
Washington might evoke only images of government offices and monuments, but it is also a business hot spot.
Tribune Co. said it plans to separate its newspaper publishing and broadcasting businesses.
John Hendricks, Discovery Communication founder & executive chairman, discusses how curiosity led to the creation of Discovery Communications. And Hendricks reveals how a new business model will allow his company to stay competitive in an ever-changing media environment.
Total U.S. spending on ads was virtually flat in the first quarter of 2013, with a 0.1 percent year-on-year decline, while the outlook remains subdued, according to a study from Kantar Media.
At the National Cable Show in Washington, DC this week, the cable content giants are embracing the idea of "TV everywhere" — giving people who pay for cable TV, access to more content, on-demand.
Anyone who knows anything about business knows that you buy low and sell high. Here's why now just may be that selling-high time.
Here's a handful of companies benefitting from the massive wedding industry. TheStreet.com reports.
Stocks finished near their best levels Tuesday, with the S&P 500 extending its recent rally to a fresh high and the Dow closing above the 15,000 milestone for the first time.
U.S. stock market index futures signaled a higher open on Tuesday, as shares in Europe and Japan rallied on upbeat bank earnings and a weak yen, respectively.