CNBC's David Faber reports the latest in the Sumner Redstone board battle with Viacom. » Read More
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.
Doug Creutz of Cowen & Company and David Joyce at Miller Tabak offered CNBC their investment advice.
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.
The bulls just can't drive the market beyond its 9-month high. Is a correction coming?
Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
After a huge two week really, is Tuesday's market weakness an early sign of a sharp pull back or nothing more than expected profit taking?
The conspiracy theorists are out in force today: lots of "I told you so!" going on today as traders point to a front page story in the WSJ which says that the Commodity Futures Trading Commission (CFTC) will issue a report blaming wild swings in oil prices on speculators.
It was a tough quarter for Viacom, which struggled the economy, namely the weak ad market and lower video game sales of its "Rock Band" game. Plus, Sumner Redstone's media giant had fewer movie releases and tough comps with last year.
Corporate earnings will serve as a tailwind for the stock market in the week ahead, but gains could be constrained after an 11 percent run in just two weeks.
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...
Cramer is having a hard time accepting that just one of this company’s franchises accounts for two-thirds of the market cap. Could Wall Street be wrong here?
Time Warner and Comcast's partnership to bring cable TV content to the Internet is adding more big brand-name partners.
I just landed in Sun Valley for the annual Allen & Co. conference in Sun Valley. There are only a handful of private jets in the airport right now, but in just a few hours it'll be packed with jets whose tail numbers tell the story of some of the richest men in America.
Shocking news out of Britain today: Queen Elizabeth II could run out of money by 2012 unless the government steps in and gives her a raise! But with a recession going on, it might behoove the queen to set an example for her subjects and get a real job. Here are a few suggestions for how the queen can make a buck—er, pound.
Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel. Plus, there was some window dressing as Tuesday marks the end of the second quarter.
Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel.
Stocks rallied Monday as Bernie Madoff received the maximum sentence and oil topped $71 a barrel.
Worried you missed the latest run-up and now stocks are trading sideways? Don't fear—you can still get in the game. Donald Yacktman, president of Yacktman Asset Management, and Kent Croft, CIO of the Croft Value Fund, share their value plays for the second half of the year.
Time Warner, one of the biggest creators of cable content, and Comcast, the nation's largest cable broadcaster, have teamed up to help the industry compete in an Internet-dominated world.