A hot July for stocks has set the stage for a rally that should run right into August.
Disney reports its fiscal third quarter earnings after the bell today, and the economy downturn is likely to be felt across all its divisions. The weak ad markets will surely take their toll on ABC and the ad-supported cable networks, even ESPN.
Wall Street's bull just won't give up, even in the face of crumbling support from oil and the dollar.
Stocks finished lower Wednesday despite a late comeback attempt as the weight of disappointing economic news and a weak Treasury auction dragged down major indexes.
Doug Creutz of Cowen & Company and David Joyce at Miller Tabak offered CNBC their investment advice.
Time Warner is moving towards a new streamlined, content-focused model, and though it's suffering from the ad downturn, that core content business is thriving.
Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.
Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Time to tune in to the media sector? Well, winds of change seem to be taking place. On the Closing Bell, Viacom CEO Philippe Dauman told Maria the U.S. advertising market is improving. Dauman says Viacom’s networks have sold most of their advanced spots at prices and volumes that please him.
Futures tumbled Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
The bulls are still in charge, for now.
An elite squad of guinea pigs has worked its own brand of magic at the box office, taking the No. 1 spot from boy wizard Harry Potter.
The bears were caught by surprise on Friday with the S&P 500 turning positive, despite rather disappointing earnings from Microsoft and weakness from Schlumberger.
Twitter is the talk of the Fortune Brainstorm conference. Everyone agrees it's a hot, powerful, popular new tool. But there's zero consensus about its profit potential.
While Technology is the topic of the Fortune Brainstorm TECH conference in Pasadena, Ca, where I'm reporting from today, media companies are front and center here.
Tim Armstrong has been CEO of AOL for more than 100 days now and he's starting to talk about his plans to transform the struggling division of Time Warner. (Last week I reported on his four main areas of focus).
Sony's movie studio has bid $50 million to acquire the worldwide distribution rights to a film based on rehearsal footage for Michael Jackson's "This Is It" comeback concert series.
Harry Potter continues to work box-office alchemy, turning his latest movie adventure into an overnight blockbuster.
Wizards and spies? Voldemort and Ernst Stavro Blofeld? Besides their accents, what do Harry Potter and James Bond have to do with one another? With the latest release of Harry Potter and the Half-Blood Prince, the young wizard's franchise is poised to surpass the Bond franchise in all time revenue. Here are the top 10 movie franchises of all time...
Harry Potter is some Wizard; he turns pretty much every business he touches into gold. The sixth movie in the franchise "Harry Potter and the Half-Blood Prince" opened at 12:01 Wednesday am with a record take; its 3,000 plus midnight shows brought in $22.2 million at the US box office. That's a solid ten million dollars more than the midnight gross from the previous Potter film. This puts the wizard on track for the biggest Wednesday to Sunday opening ever.