- Reuters•10 hours ago
Shares of CBS Corp could jump 30 percent in the next year, double in the next three or do even better if the network successfully attempts to buy Viacom Inc at an attractive price, a report in Barron's said. Viacom, which last week said it its interim Chief Executive Tom Dooley will depart in mid-November and that the company will keep movie studio Paramount Pictures, appears to be tidying itself up for a sale and the most natural buyer would be CBS, Barron's said in its report. Should CBS Chief Executive Leslie Moonves make a run at Viacom, he would have considerable leverage over the terms of a deal because CBS' growth prospects are as bright as Viacom's are dreary, Barron's said.
- Barrons.com•2 days ago
Viacom needs a new boss in a hurry—or a sale, with CBS the most natural buyer. Last week Viacom said that it is losing interim CEO Tom Dooley in mid-November and keeping movie studio Paramount Pictures, which had been eyed for a partial sale. Viacom (VIAB) seems in a hurry to clear the slate of bad news, which could mean it is tidying up for a sale.
- The Wall Street Journal•2 days ago
The vice chairman of Paramount Pictures is leaving the troubled Hollywood studio in the latest shake-up to hit corporate parent Viacom Inc., the executive said in an email.
Viacom, Inc. (VIAB)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||34.51 x 100|
|Day's Range||35.45 - 36.10|
|52wk Range||30.11 - 53.35|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||6.83|
|Avg Vol (3m)||3,459,626|
|Dividend & Yield||0.80 (2.25%)|