aereo

Stock Market News for June 26, 2014 – Zacks Investment Research

Gains in media stocks helped benchmarks shrug off weak economic data and settle in the green. Investors ignored the biggest contraction of the U.S. economy in the first quarter since early 2009 and also overlooked an unexpected fall in durable goods order. Broadcaster stocks rose on Wednesday after Supreme Court ruled in their favor over start-up online-video service provider, Aereo […]

Broadcast Stocks Trade Higher In Wake Of Aereo Ruling | TechCrunch

This morning the United States Supreme Court ruled against Aereo, a startup that employed myriad, tiny antennas to bring broadcast television to consumers digitally, saying that it operates in violation of the Copyright Act.The startup, which previously stated that it had no ‘Plan B’ in the case of loss, is troubled. Broadcast stocks, however, are anything but. CBS is up more […]