Sector roundup: Oilfield services, media
Sector roundup: Oil firms mixed at start of earnings, media gains on Morgan Stanley upgrade
On Monday July 20, 2009, 5:24 pm EDT
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Companies:Cbs corporationWalt disney co.Halliburton company
Among the sector activity stories for Monday, July 20, from AP Financial News:
NEW YORK (AP) -- Shares of oilfield-services companies were mixed as Halliburton Co. and Weatherford International Ltd. kicked off the sector's second-quarter earnings season by reporting plunging profits.
NEW YORK (AP) -- Media stocks got a bump, advancing with the rest of the market after Morgan Stanley issued an upbeat report on prospects for TV providers and advertising. CBS Corp., ABC television owner Walt Disney Co., and Scripps Networks Interactive Inc. all made gains.