|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||52.08 - 52.89|
|52 Week Range||47.54 - 67.57|
|PE Ratio (TTM)||13.98|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.72 (1.35%)|
|1y Target Est||64.56|
Tiger is back, and this summer he has delivered ratings gold for CBS and NBC.
Aug.09 -- Betsy Atkins, board member at Volvo Personvaganar and author of "Behind the Boardroom Doors," discusses corporate governance issues at Tesla Inc., CBS Corp., and Intel Corp. She speaks on "Bloomberg Daybreak: Americas."
NEW YORK, NY / ACCESSWORE / August 13, 2018 / Pomerantz LLP is investigating claims on behalf of investors of CBS Corporation ("CBS" or the "Company") (CBS). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980. The investigation concerns whether CBS and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, NY / ACCESSWIRE / August 11, 2018 / Pomerantz LLP is investigating claims on behalf of investors of CBS Corporation ("CBS" or the "Company") (CBS). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 9980. The investigation concerns whether CBS and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Before his first season with the Lakers even begins, LeBron James is going Hollywood, gaining influence in both business and politics.
A CBS Corp. director accused of secretly recording Sumner Redstone says he wasn’t skulking around when he trained his iPhone on the ailing billionaire. Arnold Kopelson, a movie producer and long-time pal of Redstone, said he often photographed the controlling shareholder of CBS and Viacom Inc. during their 17-year friendship. Kopelson’s video could be used to show Redstone’s mental state -- and that’s made it a controversial piece of potential evidence in a corporate wrestling match over control of CBS.
Shares of Viacom (NASDAQ:VIAB, NASDAQ:VIA) were up a modest 6% Thursday after the company reported a third-quarter earnings beat. Earnings per share of $1.18 came in 11 cents ahead of analysts’ expectations. “Viacom produced another quarter of strong progress, with clear evidence that our turnaround is delivering results and that our evolution into a truly global, multiplatform, brand- and IP-driven entertainment company is well underway.
An optimistic outlook underpinned price action in the troubled media giant, which is digging out after years of drama and litigation with former executive chairman and founder Sumner Redstone. Deep-pocketed bottom fishers may wish to open positions at this juncture, but the majority of market players should keep their powder dry and wait for price action to set off long-term buying signals. The current Viacom opened at $41.12 after issuing new shares in January 2006, following the split with CBS Corporation ( CBS).
BEVERLY HILLS, Calif. (AP) — What's the television industry's top summer destination? A hotel in which 200-plus U.S. and Canadian entertainment reporters and critics gather for an early look at next season's shows and the chance to question the actors, writers and producers who create them.
The judge who will decide whether CBS Corp. directors can strip Sumner Redstone of his controlling interest in the media company has expressed concerns about the ailing billionaire’s mental capacity and his ability to participate in efforts to block the move. CBS directors, led by Chief Executive Officer Les Moonves, say the 95-year-old Redstone’s health issues have worsened to the point that he is incapable of communicating his views about a plan designed to slash the Redstone family’s voting control from 79 percent to 17 percent. While Delaware Chancery Court Judge Andre Bouchard refused to order Redstone to submit to pretrial questioning by CBS lawyers about his understanding of the dilution plan and efforts to oppose it, the judge said he had serious questions about the billionaire’s mental abilities.
The "bombshell" provisions in his estate planning documents will reportedly make it harder for Sumner Redstone's heirs to sell the family's interests in CBS and Viacom after Redstone's death.
CBS Corp., despite all the turmoil at the top, including but not limited to sexual harassment allegations against Chairman and CEO Les Moonves, wasn’t asked a single question by analysts that would help give investors a sense of how management is running the business in the face of these large distractions. On Thursday, the attention shifted to Viacom Inc., the other media entity controlled by media heiress Shari Redstone. Viacom reported another period of encouraging results as Bakish and his team do the impossible — make MTV cool again.
Sumner Redstone doesn’t want his heirs to have an easy time selling off his family’s controlling stakes in media companies Viacom Inc. and CBS Corp. And he put it in writing in his estate-planning documents. The trust that will control Viacom and CBS when the 95-year-old media mogul dies or is deemed incapacitated places severe restrictions on the trustees’ ability to sell the companies, according to a copy of the confidential trust reviewed by The Wall Street Journal. The trust, details of which haven’t been disclosed previously, prohibits the trustees from entering into any merger that would leave shareholders in National Amusements, Mr. Redstone’s holding company, with less than 30% of the voting control of the resulting business.
LOS ANGELES, CA / ACCESSWIRE / August 9, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CBS Corporation ("CBS" or "the Company") (NYSE: CBS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On July 27, 2018, the media reported that the New Yorker would publish an article on allegations that CBS Chairman, President, and CEO Leslie Moonves engaged in acts of sexual misconduct.
Viacom Inc's quarterly profit beat analysts' estimates and the media company forecast a strong current quarter, boosted by the success of its movie "Mission: Impossible - Fallout". The upbeat results and forecast lifted the company's shares by 7 percent, with Chief Executive Officer Bob Bakish saying Paramount Pictures will turn in a profit again in the fourth quarter. The studio's latest Tom Cruise-starrer Mission Impossible movie is on track to become a money churner after grossing nearly $330 million worldwide since releasing in the last week of July.
Love Island is a British reality TV dating show that saw swimwear-clad twentysomethings spend several weeks in a luxury villa attempting to find their romantic match for a £50,000 ($64,467) prize. The British public voted for their favorite couple via an app, with the most recent fourth season won by bartender Dani Dyer, the daughter of U.K. soap opera actor Danny Dyer, and Jack Fincham, a stationery salesman. "Love Island" is coming to America.
(Reuters) - Viacom Inc reported quarterly revenue below Wall Street estimates on Thursday, as domestic advertising sales fell and the media company collected lower fees from cable TV operators and online ...
Former Time Warner CEO Richard Parsons is also reportedly aiding in Redstone’s quest to field candidates.
The move could prevent Russia obtaining a wide range of sensitive technologies from the US. The tough sanctions come amid the investigation into alleged Russian meddling in the presidential election, where lawyers for the US president have rejected the special counsel’s latest terms for an interview with Mr Trump. Separately, the prosecution is expected to wrap up its case by Friday in the trial of Paul Manafort, Donald Trump’s former campaign manager.
A Delaware judge said he had concerns about the medical condition of 95-year-old media mogul Sumner Redstone and declined to order that he be deposed in the legal battle between his family’s holding company, National Amusements Inc., and CBS Corp. Judge Andre Bouchard said Wednesday in Delaware Chancery Court that he worries that Mr. Redstone might not be aware of what was being done in his name. “As a practical reality, I have great skepticism” that Mr. Redstone could engage in the questioning “in a formed, deliberative way,” Judge Bouchard said.
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Pomerantz LLP is investigating claims on behalf of investors of CBS Corporation ("CBS" or the "Company") (CBS). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980. The investigation concerns whether CBS and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp (CBS.N), can be reviewed in the U.S. broadcast and media company's legal battle against the family, a Delaware judge ruled on Wednesday. Redstone, however, will not be required to give testimony, the judge decided. National Amusements Inc, the Redstone family's holding company, and CBS are in the midst of a high-stakes legal dispute over control of the company and its potential merger with Viacom Inc (VIAB.O), also majority-owned by NAI.