- Market Realist•4 hours ago
Paramount Pictures, the movie studio unit of Viacom (VIAB), has a new CEO—Jim Gianopulos, who formerly headed 21st Century Fox’s (FOX) movie division.
- Associated Press•20 hours ago
LOS ANGELES (AP) — "The Fate of the Furious" sped into first place at the box office again, leaving new thriller "Unforgettable" and historical drama "The Promise" in the dust.
- Barrons.com•3 days ago
Viacom (VIAB) shares have rallied lately, jumping 23% since the start of the year. Juenger reiterated an Underperform rating and $31 price target on Viacom Friday, writing that while the stock has benefited from stock-specific catalysts--including new management and its turnaround efforts--as well as larger macro tailwinds--he doesn't think that there's any way to turn Viacom around while still preserving equity value. He summarizes Viacom's turnaround plan as "as: try harder on the 6 flagship networks, harvest the 19 non-core networks, and make more/better films at Paramount." But he argues that investors should be skeptical of these efforts. Viacom audiences have declined in-line with aggregate declines in viewing – not because of "bad" programming.
VIA : Summary for Viacom Inc. - Yahoo Finance
Viacom, Inc. (VIA)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||45.00 x 100|
|Ask||45.10 x 200|
|Day's Range||45.04 - 45.65|
|52 Week Range||38.05 - 50.81|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||12.94|
|Dividend & Yield||0.80 (1.74%)|
|1y Target Est||N/A|