Broadcasters To Watch Following CBS & News Corp. Earnings

CBS CBS shares are off to a strong start Friday after beating second quarter estimates and increasing its buyback and dividend. On the other hand, News Corp. NWS shares are selling off after the company showed a bottom line miss.

Traders may want to watch the broadcasting sector as investors jockey for new positions on industry revaluation.

Stocks To Watch

  • Time Warner TWX shares up 0.3 percent
  • 21st Century Fox FOXA shares down 0.5 percent
  • Viacom VIAB shares down 0.5 percent
  • Walt Disney DIS shares down 0.4 percent
  • Sinclair Broadcast SBGI shares down 0.3 percent
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Trading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!