video Finance Videos
Six losing days in a row for Dow
Thursday, August 06, 2015 - 01:21
Media stocks took a beating on concerns about cord cutters. Stocks extended their losing streak. Bobbi Rebell reports.
▲ Hide Transcript
▶ View Transcript
Media stocks led a broad-based retreat on Wall Street after disappointing revenue reports from Viacom and Twenty-First Century Fox. Michael Kors' quarterly profit fell amid heavy discounting, but beat expectations. The handbag maker pleasantly surprised analysts by sticking to its full-year forecast. Kors is spending to expand stores in their growth markets of Japan and Europe, says Thomson Reuters' Jharonne Martis. SOUNDBITE: JHARONNE MARTIS, DIRECTOR OF CONSUMER RESEARCH, THOMSON REUTERS (ENGLISH) SAYING: "It makes sense for Kors to invest in this area. It could, actually, improve the margins as opposed to hurting it." Oreos maker Mondelez International's shares rose on word activist investor Bill Ackman has taken a 7.5 percent stake. Analysts say, it's a bet Mondelez is a takeover target. Tesla's shares tumbling one day after it reported its loss had widened and said it may need to raise more cash. The day's biggest loser on the S&P 500: Keurig Green Mountain. The single-serve coffee brewer maker cut its forecasts and said it'll shrink its staff amid falling sales. Investors got another sign the labor market is tightening a day ahead of the government's jobs report. Jobless claims rose less than expected last week. In Europe, weak corporate earnings results and falling oil prices pulled stocks lower.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Six losing days in a row for Dow
Thursday, August 06, 2015 - 01:21
Top News »
8:38am EST - (1:23)
8:00am EST - (2:19)
12:38am EST - (1:29)
Tue, Feb 19, 2019 - (0:46)
Tue, Feb 19, 2019 - (1:00)
Tue, Feb 19, 2019 - (1:28)
Tue, Feb 19, 2019 - (0:55)
Tue, Feb 19, 2019 - (2:13)
Tue, Feb 19, 2019 - (1:29)
Tue, Feb 19, 2019 - (0:21)
1:18am EST - (1:49)
Tue, Feb 19, 2019 - (1:41)
Migrant Crisis »
Thu, Nov 15, 2018 - (2:23)
Thu, Nov 15, 2018 - (1:26)
Fri, Mar 16, 2018 - (0:50)
Fri, Dec 22, 2017 - (1:52)
Fri, Dec 22, 2017 - (1:07)
Fri, Dec 22, 2017 - (1:37)
Editors' Picks »
8:37am EST - (1:34)
2:28am EST - (1:13)
Tue, Feb 19, 2019 - (1:31)
Mon, Feb 18, 2019 - (1:52)
Fri, Feb 15, 2019 - (1:55)
Thu, Feb 14, 2019 - (2:50)
Thu, Feb 14, 2019 - (2:00)
Thu, Feb 14, 2019 - (1:24)
Thu, Feb 14, 2019 - (1:58)
Thu, Feb 14, 2019 - (1:15)
Politics »
8:38am EST - (1:23)
1:18am EST - (1:49)
Tue, Feb 19, 2019 - (1:00)
Tue, Feb 19, 2019 - (0:55)
Tue, Feb 19, 2019 - (2:13)
Tue, Feb 19, 2019 - (1:29)
Tue, Feb 19, 2019 - (0:21)
Mon, Feb 18, 2019 - (1:50)
Mon, Feb 18, 2019 - (2:15)
Mon, Feb 18, 2019 - (1:19)
Mon, Feb 18, 2019 - (1:28)
Mon, Feb 18, 2019 - (0:21)
Innovations »
10:58am EST - (2:06)
6:29am EST - (1:42)
Tue, Feb 19, 2019 - (1:53)
Mon, Feb 18, 2019 - (1:34)
Fri, Feb 15, 2019 - (1:20)
Fri, Feb 15, 2019 - (1:13)
Thu, Feb 14, 2019 - (1:23)
Thu, Feb 14, 2019 - (1:21)
Thu, Feb 14, 2019 - (1:57)
Thu, Feb 14, 2019 - (1:26)
Entertainment »
7:16am EST - (1:09)
1:17am EST - (1:08)
Tue, Feb 19, 2019 - (1:45)
Tue, Feb 19, 2019 - (2:19)
Mon, Feb 18, 2019 - (2:21)
Mon, Feb 18, 2019 - (2:19)
Mon, Feb 18, 2019 - (1:50)
Sun, Feb 17, 2019 - (1:49)
Sun, Feb 17, 2019 - (2:23)
Sun, Feb 17, 2019 - (2:08)
Sun, Feb 17, 2019 - (2:09)
Sun, Feb 17, 2019 - (1:05)
Rough Cuts »
6:29am EST - (0:54)
Tue, Feb 19, 2019 - (1:00)
Tue, Feb 19, 2019 - (0:55)
Tue, Feb 19, 2019 - (1:00)
Tue, Feb 19, 2019 - (2:13)
Tue, Feb 19, 2019 - (0:21)
Tue, Feb 19, 2019 - (0:46)
Mon, Feb 18, 2019 - (2:21)
Mon, Feb 18, 2019 - (1:50)
Mon, Feb 18, 2019 - (1:28)
Mon, Feb 18, 2019 - (0:21)
Sun, Feb 17, 2019 - (2:23)
Moving Pictures »
Fri, Feb 01, 2019 - (2:27)
Wed, Jan 02, 2019 - (2:29)
Mon, Dec 17, 2018 - (2:17)
Fri, Nov 30, 2018 - (2:45)
Thu, Nov 22, 2018 - (2:41)
Mon, Oct 01, 2018 - (2:30)
Fri, Aug 31, 2018 - (2:23)
Tue, Jul 31, 2018 - (1:44)
Fri, Jun 29, 2018 - (2:05)
Fri, Jun 01, 2018 - (2:38)
Reuters Investigates »
Wed, Oct 11, 2017 - (10:18)
Wed, Aug 23, 2017 - (6:44)
Thu, Mar 16, 2017 - (2:26)
Tue, Nov 01, 2016 - (2:15)
Thu, Sep 29, 2016 - (2:19)
Fri, Aug 05, 2016 - (2:04)
Mon, Mar 28, 2016 - (3:02)
Thu, Mar 10, 2016 - (2:34)
Mon, Dec 07, 2015 - (2:58)
Mon, Dec 07, 2015 - (2:20)
Mon, Dec 07, 2015 - (0:35)
Mon, Dec 07, 2015 - (3:53)
Dateline Asia »
Mon, Feb 18, 2019 - (1:05)