Now Playing
1037 Chuck FM
Last Song Played
We Play Everything
On Air
No Program
Now Playing
1037 Chuck FM
Last Song Played
We Play Everything

Posted: April 20, 2017

Fox stock gains ground following O'Reilly firing

Posters featuring Bill O'Reilly are displayed at the News Corp. headquarters in Midtown Manhattan, Wednesday, April 19, 2017. O'Reilly has lost his job at Fox News Channel after allegations that he sexually harassed women. (AP Photo/Mary Altaffer)
Posters featuring Bill O'Reilly are displayed at the News Corp. headquarters in Midtown Manhattan, Wednesday, April 19, 2017. O'Reilly has lost his job at Fox News Channel after allegations that he sexually harassed women. (AP Photo/Mary Altaffer)

The Associated Press

Shares were up 63 cents, or 2.1 percent, to $30.44 in Thursday afternoon trading. The stock fell 1 percent to close at $29.81 on Wednesday. It is still down more than 4 percent since an April 1 report in The New York Times that five women had been paid a total of $13 million to keep quiet about disturbing encounters with O'Reilly.

O'Reilly was fired Wednesday amid a string of sexual harassment allegations. His show, "The O'Reilly Factor," gained some of the highest ratings in cable news and was a key advertising revenue generator for Fox.

21st Century Fox's other holdings include 20th Century Fox, Fox Searchlight Pictures, FX Networks and National Geographic Channel.


There are no comments yet. Be the first to post your thoughts. or Register.