Time Warner, CBS, Fox Lead Picks for Media Stocks

Bloomberg: Time Warner rose the most in 1 1/2 years after Credit Suisse predicted the media industry will rebound this year from a disappointing 2015. Time Warner climbed 4.7 percent to $68.62 at the close. Credit Suisse analyst Omar Sheikh wrote that Time Warner was one of his “top picks” for U.S. media stocks in 2016, along with CBS and 21st Century Fox.