CBS - CBS Corporation

NYSE - NYSE Delayed Price. Currency in USD
46.20
-0.62 (-1.32%)
At close: 4:01PM EST
Stock chart is not supported by your current browser
Previous Close46.82
Open47.40
Bid0.00 x 800
Ask0.00 x 1800
Day's Range45.83 - 47.50
52 Week Range45.83 - 61.59
Volume5,371,779
Avg. Volume3,190,909
Market Cap17.293B
Beta (3Y Monthly)0.36
PE Ratio (TTM)13.14
EPS (TTM)3.52
Earnings DateFeb 13, 2019 - Feb 18, 2019
Forward Dividend & Yield0.72 (1.50%)
Ex-Dividend Date2018-12-10
1y Target Est65.57
Trade prices are not sourced from all markets
  • Final Trades: BA, TGT & more
    CNBC Videosyesterday

    Final Trades: BA, TGT & more

    The "Fast Money" traders share their final trades of the day, including Boeing, Target, Oracle and CBS.

  • The Wall Street Journal4 hours ago

    [$$] CBS Shifts to Hunt for Next Chief Executive

    Former Walt Disney Co. Chief Operating Officer Tom Staggs has emerged as a top candidate to become CBS Corp.’s new chief executive, people familiar with the matter said, as the network tries to move past months of uncertainty and upheaval since the departure of Leslie Moonves over allegations of sexual harassment. The interest in Mr. Staggs has been informally conveyed to the executive, who left Disney in 2016 when it became clear he wouldn’t succeed Robert Iger as Disney’s chief executive, the people said. Other potential candidates for the CEO position include Hasbro Inc. CEO and CBS director Brian Goldner and Starz Chief Operating Officer Jeffrey Hirsch, a person close to the process said.

  • TheStreet.com6 hours ago

    Former Disney COO Emerges as Leading Candidate For CBS Job

    former COO has emerged as the leading candidate to run CBS Corp. CBS as it tries to move beyond a series of sexual harassment scandals, according to a published report. Tom Staggs, who left Disney in 2016 after he fell out of running for the top job, has been "informally approached" by CBS about its interest in hiring him for the top job, The Wall Street Journal reported Tuesday. Others on the list include CBS interim CEO Joe Ianniello, CBS director Brian Goldner and Starz Chief Operating Officer Jeffrey Hirsch, the Journal reports.

  • Ex-CBS CEO Les Moonves Denied $120 Million Severance
    InvestorPlace15 hours ago

    Ex-CBS CEO Les Moonves Denied $120 Million Severance

    The decision to not provide its ex-CEO with the $120 million in severance comes after an investigation into claims of misconduct concerning Les Moonves. The company notes that findings from the investigation allow the company to deny him the severance pay. According to the CBS Board of Directors, Les Moonves broke his contract, which allows the company to fire him without severance.

  • Allred: Make Moonves report public
    American City Business Journals16 hours ago

    Allred: Make Moonves report public

    The CBS board of directors announced Monday afternoon that its investigation found cause for his termination, which means he is not entitled to his severance.

  • Media magnate Sumner Redstone gets court-appointed guardian
    American City Business Journals16 hours ago

    Media magnate Sumner Redstone gets court-appointed guardian

    The guardian would serve as an independent representative — similar to what's used when children or the incapacitated are involved in a legal dispute.

  • Benzinga18 hours ago

    Les Moonves Won't Get A Penny Of His $120M CBS Severance Package

    Moonves resigned in September after sexual misconduct allegations were made public by the New Yorker and Vanity Fair. At that time, the executive was eligible to receive a severance package of up to $140 million of which $20 million was set aside to be donated to various charities and organizations that fight against workplace harassment and promote equality.

  • Your first trade for Tuesday, December 18
    CNBC18 hours ago

    Your first trade for Tuesday, December 18

    The "Fast Money" traders share their first moves for the market open.

  • Market Exclusive20 hours ago

    Market Morning: Bear Market Overview, J&J Fights Back, Facebook Gets Stern Letter, Moonves Out to Dry

    Bear Market Who’s Who Marketwatch came out with a good infographic showing which leading stocks, sectors, and indices are in bear markets. The results are unsettling, if you’re a bull. Of the major indices, the S&P 600 Small Cap Index is the only one actually down in bear market territory, 22% from highs. Three sectors […] The post Market Morning: Bear Market Overview, J&J Fights Back, Facebook Gets Stern Letter, Moonves Out to Dry appeared first on Market Exclusive.

  • CBS says disgraced former CEO Les Moonves won’t get his $120 million severance
    MarketWatchyesterday

    CBS says disgraced former CEO Les Moonves won’t get his $120 million severance

    CBS announced Monday that former CEO Les Moonves will not receive his $120 million severance package after the board of directors concluded he violated company policy and was uncooperative with an investigation into sexual misconduct allegations.

  • The Wall Street Journalyesterday

    [$$] Ex-CBS CEO Leslie Moonves Won’t Receive Any Severance Payment

    CBS Corp. said it won’t pay former chairman and chief executive Leslie Moonves any of his $120 million severance package after reviewing the findings of a probe into allegations he sexually harassed and assaulted many women during his career. The CBS board of directors said investigators concluded that there were grounds to terminate Mr. Moonves for cause. Mr. Moonves violated company policies, breached his employment contract and intentionally failed to cooperate fully with the investigation, the board said in a statement.

  • The Wall Street Journalyesterday

    [$$] Court to Appoint Guardian for Sumner Redstone

    A California judge on Monday ordered that Sumner Redstone, the controlling shareholder of CBS Corp. and Viacom Inc., be placed under court-appointed guardianship, as part of a yearslong legal battle involving the 95-year-old media mogul’s ex-girlfriend. At a hearing in Los Angeles Superior Court, Judge David Cowan said he would grant the motion by Mr. Redstone’s grandson, Tyler Korff, for the appointment of a guardian “ad litem,” an independent representative most often used when children or the incapacitated are involved in a legal dispute. Robert Klieger, Mr. Redstone’s attorney, said the decision had no bearing on the status of Mr. Redstone’s trust, which holds 80% of the shares of National Amusements Inc., a holding company that in turn owns nearly 80% voting stakes in CBS and Viacom.

  • CBS Deserves No Ovation as Moonves Drama Ends
    Bloombergyesterday

    CBS Deserves No Ovation as Moonves Drama Ends

    “With regard to Mr. Moonves, we have determined that there are grounds to terminate for cause,” CBS wrote in a statement Monday evening. On the one hand, #MeToo has taken away a lot of the shame and fear of speaking up about sexual assault, it’s made pariahs of some of the accused — like Moonves and fellow entertainment executive Harvey Weinstein — and it’s given women hope.

  • TheStreet.comyesterday

    CBS: No Golden Parachute for Moonves

    Disgraced former CBS Corp. CEO Leslie Moonves will not receive his massive $120 million golden parachute, the media giant said Monday in a statement. Moonves, the ex-chief executive of CBS, was accused of sexual misconduct over the summer in a New Yorker report, and was ejected from the network in September.

  • Reutersyesterday

    CBS fires CEO Leslie Moonves and denies $120 million severance

    The decision to deprive Moonves of his severance follows a board of directors review of the findings of an investigation into Moonves' behaviour and the CBS culture conducted by two law firms, Debevoise & Plimpton and Covington & Burling, hired by CBS. "We have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the company’s investigation," CBS's board of directors said in a statement that did not disclose details of the investigation. It accused Moonves of destroying evidence and seeking to mollify accusers with promises of jobs at CBS.

  • CBS fires CEO Leslie Moonves and denies $120 million severance
    Reutersyesterday

    CBS fires CEO Leslie Moonves and denies $120 million severance

    The decision to deprive Moonves of his severance follows a board of directors review of the findings of an investigation into Moonves' behavior and the CBS culture conducted by two law firms, Debevoise & Plimpton and Covington & Burling, hired by CBS. "We have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the company’s investigation," CBS's board of directors said in a statement that did not disclose details of the investigation. It accused Moonves of destroying evidence and seeking to mollify accusers with promises of jobs at CBS.

  • CBS denies Leslie Moonves $120 million severance
    American City Business Journalsyesterday

    CBS denies Leslie Moonves $120 million severance

    “With regard to Mr. Moonves, we have determined that there are grounds to terminate for cause,” the CBS board said.

  • MarketWatchyesterday

    CBS's former CEO Moonves will not receive severance pay, company says

    CBS Corp. said late Monday its board of directors has completed an investigation of former Chief Executive Leslie Moonves, which determined that Moonves will not receive "any severance pay" from the media company since there are grounds to oust him for cause, including Moonves' alleged "willful and material malfeasance," lack of cooperation in the investigation, and breach of his employment contract, the company said in a statement making the rounds in social media and elsewhere. The investigation also unveiled that while harassment and retaliation were not "pervasive" at CBS, the company's practices "have not reflected a high institutional priority" on preventing those. The company has already begun to take steps to improve its working environment, CBS said. Moonves was forced out as Chairman and CEO of CBS in September after The New Yorker reported six women had accused him of sexual misconduct. Last month, another woman told The New York Times Moonves had forced himself on her and then tried to buy her silence.

  • Ruth Bader Ginsburg gives thumbs up to biopic
    American City Business Journals2 days ago

    Ruth Bader Ginsburg gives thumbs up to biopic

    Supreme Court justice Ruth Bader Ginsburg says she's already working out with her trainer after a fall last month, HuffPost reports. Talking with NPR's Nina Totenberg, Bader Ginsburg, 85, said over the weekend that she's better and that her ribs are almost healed. The two were talking in advance of a new biopic, "On the Basis of Sex." The movie, starring Felicity Jones, tracks Bader Ginsburg's work to advance women's rights while working as a young attorney in New York.

  • The Wall Street Journal4 days ago

    [$$] CBS to Donate Part of Former CEO’s Exit Pay to Antiharassment Causes

    CBS Corp. detailed where it plans to give part of the exit package of Leslie Moonves, its former chairman and CEO who resigned in September in the wake of allegations of sexual harassment. The company on Friday said it would donate $20 million to 18 organizations dedicated to eliminating workplace sexual harassment, a commitment it made after Mr. Moonves’s resignation. The $20 million figure will be deducted from any severance Mr. Moonves would get from the company.

  • Reuters4 days ago

    Anti-harassment groups share $20 million CBS handout after Moonves exit

    CBS Corp (CBS.N) on Friday named the Time's Up anti-sexual harassment group and 17 other organizations that will share a $20 million donation stemming from the exit of its chief executive Les Moonves following allegations of sexual misconduct. Time's Up and the body representing Hollywood producers swiftly announced that they will spend their share of the funds on programs to increase diversity in the entertainment industry, and provide anti-sexual harassment training. Moonves, a major figure at the CBS broadcast network for more than two decades, was forced out in September after multiple allegations of sexual misconduct.

  • Netflix, Amazon making more scripted shows than broadcasters for the first time
    American City Business Journals5 days ago

    Netflix, Amazon making more scripted shows than broadcasters for the first time

    Recent stories on WarnerMedia, Apple, Netflix, Amazon, Quibi and other streaming services reported by The Business Journals and elsewhere.

  • PR Newswire5 days ago

    CBS Announces Recipients of $20 Million Grant to Support Eliminating Sexual Harassment in the Workplace

    NEW YORK , Dec. 14, 2018 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will disburse a pledged $20 million to 18 organizations to support eliminating sexual harassment in ...

  • Merck’s $2.3B deal, Costco disappoints, CBS settles retaliation claim
    Yahoo Finance5 days ago

    Merck’s $2.3B deal, Costco disappoints, CBS settles retaliation claim

    Merck, Costco, CBS and LVMH are the companies to watch.

  • To CBS: Women Don’t Want Settlements, They Want Work
    Bloomberg5 days ago

    To CBS: Women Don’t Want Settlements, They Want Work

    (Bloomberg Opinion) -- To CBS Corp. and any other companies that have used money to silence women targeted by sexism and harassment: Women don’t want settlements. They want to work and be treated as equals in their respective fields. It shouldn’t be this hard.