Jim Cramer gets some valuable technical advice from the chart experts, and he thinks it could be time to buy this breed of stock.» Read More
*Equities have come under pressure because of the problems between Russia and Ukraine, with the S&P 500 at one point down about 4 percent from a record closing high in late July. *The gain implied by futures came despite ongoing concerns about the region, with Ukraine reporting that Russia had massed 45,000 troops on its border.
Aug 11- Hedge fund ValueAct Capital LLC said it had taken a $1 billion stake in Rupert Murdoch- controlled film and TV company Twenty-First Century Fox Inc.. Fox withdrew its $80 billion bid to buy Time Warner Inc last week after being rebuffed by the owner of CNN, HBO and Warner Bros studios.
Take a look at some of Monday's midday movers:
When Rupert Murdoch and Masayoshi Son walked away from their deals last week, the moguls created a shock wave on Wall Street.
Aug 11- Hedge fund ValueAct Capital LLC has taken a $1 billion stake in Rupert Murdoch- controlled film and TV company Twenty-First Century Fox Inc, CNBC reported. ValueAct built its position when Fox was seeking to buy Time Warner Inc, CNBC's David Faber said.
With World Cup fervor still lingering, MLS is continuing with an aggressive expansion that will see five new teams in five years.
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
Aug 7- Media company CBS Corp, owner of the most-watched U.S. television network, reported a quarterly profit that beat Wall Street forecasts on Thursday, though weaker advertising and a decline in television licensing dragged on revenue.
Aug 7- News Corp, publisher of the Wall Street Journal, reported better-than-expected quarterly revenue as growth in its book publishing business helped to make up for a decline in revenue in its bigger news and information division.
Aug 7- News Corp, publisher of the Wall Street Journal, reported a 3 percent decline in quarterly revenue as advertising sales remained weak and subscription income fell.
NEW YORK, Aug 7- U.S. stocks dipped in choppy trading Thursday, with all three indexes erasing morning gains spurred by upbeat labor data, amid uncertainty following Russia's retaliatory measures over Western sanctions.
NEW YORK, Aug 7- U.S. stocks fell in choppy trading on Thursday as a sanctions confrontation between Russia and the West kept traders eager to cash any gains. Markets kept an eye on eastern Europe as Moscow imposed a ban on imports of many Western foods, retaliating against sanctions imposed for its support of rebels in eastern Ukraine and the annexation of Crimea.
NEW YORK, Aug 7- U.S. stocks rose at the open on Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy.
While “neutral” on the potential deal, Mario Gabelli did say on “Squawk Box” that he expects to continue to benefit from owning both stocks.
NEW YORK, Aug 7- U.S. stocks were set to rise at the open on Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy.
NEW YORK, Aug 7- U.S. stock index futures edged up on Thursday ahead of jobless claims data, amid a backdrop of an escalation of tensions as Russia banned Western food imports in retaliation against Western sanctions.
Some of the names on the move ahead of the open.
NEW YORK/ LONDON Aug 7- Investors fretting about the possibility of a big reversal in global stock markets may just want to borrow a slogan from the British- and just keep calm and carry on.
Aug 6- Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported a quarterly profit that beat Wall Street's expectations as executives stressed that they would not make a new bid for Time Warner Inc.. Fox on Tuesday withdrew the $80 billion offer that Time Warner had rejected.
Europe could again have a grip on global markets Thursday, as the European Central Bank holds its rates meeting.