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  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower, with the Nasdaq off 1.6 percent, as investors weighed declines in oil and disappointing earnings ahead of the jobs report.

  • GLOBAL MARKETS-Risk-off for markets as jobs data loom Thursday, 6 Aug 2015 | 3:24 PM ET

    NEW YORK Aug 6- Weak earnings dragged stocks lower on Thursday and oil fell on continued oversupply concerns, while Treasuries prices rose ahead of U.S. jobs numbers seen as key to determine the timing of a rate hike from the Federal Reserve. Sterling fell sharply against the U.S. dollar after only one official voted for higher interest rates at a meeting in which...

  • US STOCKS-Wall St slumps as media stocks hemorrhage Thursday, 6 Aug 2015 | 2:54 PM ET

    *Disney, Viacom lead media selloff. Viacom fell as much as 23.6 percent to its lowest in almost four years after reporting lower-than-expected quarterly revenue due to weakness in its cable TV business. The S&P 500 media index was down 2.85 percent, recording it's biggest two-day fall since November 2008, with Time Warner, Comcast and CBS all in the red and...

  • Media stocks having worst week in 7 years Thursday, 6 Aug 2015 | 1:22 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Further cracks emerged in the pay-TV bundle as media companies indicated that more people are cutting the cord and ditching channel packages.

  • Aug 6- AMC Networks Inc's shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's forecast that suggested that more customers were deserting paid TV than expected. Walt Disney Co alarmed investors with a dour outlook for its cable business on Wednesday, overshadowing Time Warner Inc's strong...

  • Wall Street traded lower, weighed by a second day of sharp declines in media companies after Viacom's earnings miss was linked to viewers increasingly shifting to online streaming. London's FTSE 100 equity index fell 0.1 percent, outperforming a 0.8 percent drop for the pan-European FTSEurofirst 300 index. Weak corporate results hit the shares of enzyme...

  • Aug 6- New York Times Co reported lower-than-expected quarterly revenue as its print advertising sales fell for the fourth straight quarter. New York Times' print ad revenue fell 12.8 percent in the second quarter. New York Times' advertising revenue fell 5.5 percent to $148.6 million.

  • *Disney, Viacom lead media selloff. Viacom fell 22 percent to $39.57, their lowest in almost four years. Twenty-First Century Fox fell 12.3 percent, while Time Warner, Comcast and CBS were all in the red.

  • Traders use Disney selloff as a chance to buy Thursday, 6 Aug 2015 | 11:23 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Walt Disney Co. shares fell almost 10 percent on earnings, but some traders are using the drop as a buying opportunity.

  • Aug 6- Viacom Inc reported weaker-than-expected quarterly revenue, hurt by lower advertising revenue from its U.S. cable TV business as viewers increasingly shift to online streaming services. Viacom's shares plunged as much as 18 percent to a near four-year low on Thursday. Viacom's advertising revenue fell 9 percent in its U.S. cable business, the fourth...

  • Jon Stewart is signing off today Thursday, 6 Aug 2015 | 10:03 AM ET
    Jon Stewart

    "The Daily Show" Jon Stewart tapes his last show on Thursday as the first Republican debate kicks off. NYT reports.

  • Viacom reports revenue decline Thursday, 6 Aug 2015 | 9:00 AM ET
    Viacom reports revenue decline

    Viacom is the latest company to report a slowing cable business, as domestic ad revenue declined 9 percent in its third quarter.

  • Early movers: CF, CCE, LB, COST, MDLZ, BDX & more Thursday, 6 Aug 2015 | 7:57 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Viacom profit meets expectations, revenue is light Thursday, 6 Aug 2015 | 7:54 AM ET
    A man enters Viacom headquarters in New York.

    Viacom delivered quarterly earnings that matched analysts' expectations on Thursday, but revenue was light.

  • Aug 6- Viacom Inc reported weaker-than-expected quarterly revenue, hurt by lower revenue from its films business as there were no major movie releases in the third quarter. Revenue from Viacom's studio business, which includes Paramount Pictures Corp, fell 44 percent to $479 million. Net profit from continuing operations attributable to Viacom fell to $591...

  • Viacom's quarterly revenue falls 10.6 pct Thursday, 6 Aug 2015 | 7:08 AM ET

    Aug 6- Viacom Inc's revenue fell 10.6 percent in the third quarter, hurt by lower revenue from the company's films business as there were no major movie releases in the quarter. Net profit from continuing operations attributable to Viacom fell to $591 million, or $1.47 per share, in the quarter ended June 30 from $611 million, or $1.40 per share, a year earlier.

  • Amid media carnage, opportunities may abound Thursday, 6 Aug 2015 | 12:00 AM ET
    A visitor walks past a poster of Disney Media Distribution during the annual MIPCOM television program market in Cannes, France, October 13, 2014.

    Media stocks are getting crushed this week, but some investors are pulling bargains out of the wreckage.

  • Earnings? Who cares. All eyes are on Jobs Friday Wednesday, 5 Aug 2015 | 6:09 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Strong ISM nonmanufacturing data Wednesday helped cue up the bond market for a positive payrolls number.

  • Aug 5- Nagging investor concerns over viewers cutting the cord on cable television and moving online turned into a rout in the sector's shares on Wednesday after Walt Disney Co reported a dip in subscribers for its cornerstone sports channel ESPN and rivals produced a mixed batch of earnings. Disney's shares fell 9 percent on Wednesday, wiping $18 billion off...

  • Aug 5- Nagging investor concerns over viewers cutting the cord on cable television or moving online turned into a rout in the sector's shares on Wednesday after Walt Disney Co reported a dip in subscribers for its cornerstone sports channel ESPN and rivals produced a mixed batch of earnings. Disney's shares fell 9 percent on Wednesday, wiping $18 billion off...