Brent Lang, Variety film and media reporter, and Porter Bibb, Media Tech Capital Partners, provide insight to the changing face of the Emmy Awards.» Read More
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.
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.
James Dix, Media Analyst at Wedbush Securities, discusses the overnight decline in shares of Time Warner despite better-than-expected earnings.
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.
*Time Warner posts higher-than-expected profit, sets buyback. Aug 6- Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future. We have no plans to pursue any other third party content company as an alternative to Time Warner. "
The "Fast Money" traders share their final trades of the day.
Aug 6- Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported quarterly revenue and profit that exceeded analysts' expectations, helped by the box-office success of films such as "X-Men: Days of Future Past".
NEW YORK, Aug 6- Major U.S. stock indexes ended little changed on Wednesday, as tensions in Ukraine and Russia and a failed merger between Sprint and T-Mobile offset gains in consumer staples shares.
Time Warner's Jeff Bewkes unveiled a vision for unlocking potential across Time Warner's business, and particularly that crown jewel of HBO.
Stocks fell Wednesday, with the S&P 500 at a two-month low, on unease about the standoff in Ukraine.
Aug 6- Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported a 16.8 percent rise in quarterly revenue, helped by the box office success of films such as "X-Men: Days of Future Past" and growth in its cable network business.
Thanks to Rupert Murdoch's recent overture, Time Warner shares have traded more on drama than fundamentals. That may be about to change.
NEW YORK, Aug 6- U.S. stocks hovered near the unchanged mark on Wednesday in choppy trading as the potential for tension to escalate between Russia and Ukraine kept risk seekers in check.