Media Industry
Industry: Email Alert RSS FeedMedia Stocks in a Mini-Rally.
Broadcasting & Cable, August, 2006
By John M. Higgins Surge is welcome relief, but many companies are left behind Amidst the flood of bad financial news swamping the TV industry in recent weeks, a number of major media companies are experiencing something few expected this year: a rally. The stocks of Disney, News Corp., EchoStar, DirecTV and Univision have shown surprising strength, posting gains between 10% and 30% for the year to date.
Cablevision Systems is up the equivalent of 64%. TV's Big Winners Some media stocks are enjoying big gains this year ---------------------------------------------------- Company Price 8/3/06 Change YTD* Cablevision Systems Corp. $22.40 64.0% Comcast Holding Corp. $34.71 35.1% ...
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