Entertainment, cable stocks climb on strong earnings
It’s been a good couple of days for entertainment and cable companies.
Shares of DreamWorks Animation SKG Inc., CBS Corp. and Time Warner Cable Inc. rose Thursday after those companies reported strong quarterly earnings.
Glendale-based DreamWorks Animation jumped 8.8% to $26.95 at the close of trading in New York Thursday. New York-based CBS increased 3.9% to $54.88. New York company Time Warner Cable rose 3.2% to $117.68.
--Ryan Faughnder, Los Anglees Times