Scalper1 News
Morgan Stanley downgraded Time Warner and Viacom (VIA) and shifted its outlook on the media sector to cautious on worries that growth in online video licensing will slow and that pay-TV companies will resist higher programming fees. Analyst Benjamin Swinburne downgraded Time Warner to equal weight and Viacom to underweight. Time Warner (TWX) stock fell 2.9% in the stock market today, while Viacom stock fell 3.4%. “Media was an in line performer in Scalper1 News
Scalper1 News