Stocks accelerated their losses in the final minutes of trading to close sharply in the red for the fourth-straight session Monday after last week's disappointing jobs report raised concerns over the strength of the economy. Stocks had modestly clawed back from their lows throughout the afternoon after tumbling heavily at the open.
Take a look at some of Monday’s morning movers:
Cramer makes the call on viewers' favorite stocks.
In separate research notes on Friday, Lazard Capital Markets turned more bullish on two media companies when it upgraded Discovery Communications and Disney to “buy” ratings.
Take a look at some of Thursday morning's early movers:
The ratings are finally in for “Oprah’s Next Chapter,” the media queen’s new show on OWN and the Sunday night premiere drew 1.1 million viewers.
What follows is a look at stocks in the S&P 1,500 displaying unusual volume in Tuesday's trading session.
We're headed into a slew of earnings this week from media giants—on both the content and distribution side. Whether we're talking about content creators like News Corp and Time Warner or kings of distribution like Comcast and Time Warner Cable, there are a couple key themes that will impact the whole industry. Here's what to watch as earnings reports roll out this week and next.
When Discovery Communications set out to reformat HD Theater, the nine-year-old home of high-definition documentaries, its executives assessed the crowded cable programming landscape and asked what was missing — where there was “white space,” as one later put it. The New York Times reports.
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.
On day one, the jets landed, and the moguls descended upon the tiny resort town of Sun Valley for Allen & Company’s annual boondoggle.
After appearing on "The Strategy Session" on Thursday, Leon Cooperman, billionaire chairman and CEO of Omega Advisors, continued the discussion off-air with David Faber about the stocks he's bullish on even in the shaky economy.
The Oprah Winfrey Network is only four months old — but apparently that's old enough for co-owners Discovery Communication and Oprah Winfrey to know that its management isn't working.
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.
The volume of ads marketers are buying has increased, and the amount they're spending on each ad is higher as well. This strength in the first quarter bodes well for the Upfront ad sales period, when networks look to sell a big chunk of their ad inventory for the coming year.
Bullish traders are snapping up calls in Discovery Communications ahead of the media company's earnings report next week.
Remember when The Learning Channel was about...learning? You could discover medical wonders, home improvement solutions, "Captain's Log with Captain Mark Gray." However, the network, owned by Discovery Communications spacer, eventually shortened its name to TLC, a sign The Learning Channel learned that learning is boring. Leering is better.
The battle for your home entertainment dollars is heating up. Now cable and satellite TV companies are moving forward with plans to give consumers even more control over how and when they access entertainment as they look to keep subscribers from "cutting the cord."
Stocks are cheap, investor Leon Cooperman told CNBC Wednesday, and he offered a list of 17 stocks he likes to underscore the point.
The 3D TV market just got a little more exciting. On Sunday, '3net' launched in 18 million homes from Discovery, Sony and Imax. And on Monday, as a Valentine’s gift to sports fans, ESPN launched on DirecTV, Comcast and Time Warner Cable. This brings the total number of 3D networks to three, including DirecTV's 'N3d' channel, launched last year in partnership with Panasonic.