Stocks were mostly lower Monday as the dollar rose amid concerns over European soveign debt troubles ahead of a meeting of G-20 leaders that will address currency policies. Boeing and Home Depot slipped, while HP rose.
Stocks pared losses in the last few minutes of the session to end higher capping a stellar week for the markets marked by Republican gains in Congress, the Fed's decision to pump more money into the economy, and a surprising strong jobs report. Alcoa and JPMorgan rose.
Stocks pared losses but remained mixed in the last minutes of Friday's session as stronger-than-expected U.S. job gains in October failed to continue a rally that led stocks to two-year highs on Thursday. Kraft and Merck fell, Alcoa rose.
Stocks were mixed and the dollar rose a day after the markets surged to two-year highs, as investors absorbed the meaning of a surprising surge in payrolls in the wake of the Federal Reserve plans to pump more money into the economy. Kraft fell, BofA surged.
The October employment report is not expected to show much in the way of new job growth, but the euphoria over Fed easing may trump any concern in markets Friday.
What follows is a roundup of corporate earnings reports for Friday, Nov. 5
DISH Network and Fox announced Friday an agreement has been reached allowing DISH subscribers in major U.S. cities access to Fox Network's programming.
It's day three of Cablevision and Fox's standoff over a new contract and talks broke off Monday afternoon with no progress. After negotiating in person at News Corp headquarters in midtown, Fox execs are flying back to LA, to resume talks over the phone tomorrow.
With just eight hours before Cablevision Fox's contract expires, Cablevision made a dramatic push to keep Fox's channels on the air.
Satellite TV operator Dish Network said Friday that News Corp.'s Fox television unit cut its access to 19 regional sports networks, FX and the National Geographic Channel after Dish refused to pay for a rate increase of more than 50 percent.
DirectTV is nearing an all-time high — pushing a major resistance level: shares closed at $39.77 Wednesday, up 4 percent over the last five days and 57 percent over the past 12 months.
Today's news that Google is partnering with DirecTV to sell ads for cable networks could have far-reaching implications for Google and the ad business. This could be a win-win-win for Google, DirecTV, as well as advertisers, and it has the potential to shake up Madison Avenue.
What follows is a roundup of corporate earnings reports for Monday, Aug. 9.
We caught KKR's Henry Kravis, American Express CEO Ken Chenault, News Corp's Rupert Murdoch, IAC's Barry Diller and New York Mayor Michael Bloomberg heading in for today's first panel on "The Future of Entertainment in the Digital Age."
Dish stock dropped 3.75% and Disney shares slid over 2% Tuesday as the companies battle over compensation for Disney/ABC's high def channels.
The FCC hosted an open hearing today to discuss how to seek the best legal framework for Internet regulation — the commission voted 3 to 2 to continue the re-regulation process. It's now moving closer to Chairman Julius Genachowski's proposal for a "third way," a selection of some of the stricter rules now regulating telecom.
The U.S. Patent and Trademark Office issued a ruling against TiVo, over its rights to patent technology in the middle of a legal battle with Dish Network and EchoStar.
It struck me Thursday, sitting across from Google's Eric Schmidt and Sony's Sir Howard Stringer in my exclusive interview following the Google TV announcement that there may not be two companies on the planet more different than these guys.
The Dow ended sharply lower Friday as growing worries about Europe overshadowed encouraging economic data. Still, the blue-chip index ended up 2.3 percent for the week.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.