Time to Tune Into the Media ETF Again
August 06, 2014 at 08:20 AM EDT
Tuesday’s after-hours session provided some noteworthy theatrics for the PowerShares Dynamic Media Portfolio (NYSEArca: PBS) that could prove impactful for the ETF today. For starters, Rupert Murdoch’s 21st Century Fox (NasdaqGS: FOXA) pulled its $75 billion takeover offer for Time Warner (NYSE:...