Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Communications Services Up After Earnings Reports -- Communications Services Roundup

02/04/2021 | 05:32pm EDT

Communications services rose after strong earnings.

New York Times Co. shares rose after the newspaper publisher said 2020 was a record year for digital-subscription growth, even as the pandemic weighed on advertising revenue.

Finnish telecom-equipment giant Nokia shares declined despite its report of better-than-forecast quarterly earnings, as the stock suffered from day traders' retreat from "meme stocks."

Another telecom stock popular with day traders, BlackBerry, recouped some of its recent losses in volatile trading.

Shares of cinema chain AMC Entertainment fell to around $7, roughly one third of its peak in late January.

China's primary international news channel, CGTN, was ordered off the air in the U.K., after a regulator decided there that it isn't sufficiently independent of control from the government in Beijing.

CNN President Jeff Zucker will depart the cable news channel at the end of 2021, when his contract expires, network parent WarnerMedia said, ending months of uncertainty about the network's leadership.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

02-04-21 1731ET

Stocks mentioned in the article
ChangeLast1st jan.
AMC ENTERTAINMENT HOLDINGS, INC. 3.54% 9.66 Delayed Quote.355.66%
BLACKBERRY LIMITED -0.18% 10.84 Delayed Quote.28.44%
NOKIA OYJ 0.14% 3.5185 Delayed Quote.11.66%
THE NEW YORK TIMES COMPANY 0.24% 49.18 Delayed Quote.-5.23%
Latest news "Economy & Forex"
02:02aUK jobless rate unexpectedly falls to 4.9%
RE
02:02aAsian shares at highest since early March, weak dollar boosts commodities
RE
01:58aAsian shares at highest since early March, weak dollar boosts commodities
RE
01:49aJapan's Subaru to suspend production in Indiana on chip shortage
RE
01:46aCENTRAL PEOPLE GOVERNMENT OF PEOPLE RE  : 5G industry creates massive direct economic output
PU
01:42aBOJ seen slashing inflation forecast for this fiscal year - sources
RE
01:37aChina's market regulator investigates Alibaba-Minmetals JV
RE
01:32aFrench IT firm Atos buys further three companies, posts Q1 sales drop
RE
01:30aBITCOIN FUND  : Canada's 3iQ to bring Middle East's first listed crypto fund to Nasdaq Dubai
RE
01:29aSensex, Nifty rebound from virus-led slump on vaccinations boost
RE
Latest news "Economy & Forex"