58.23 +0.01 (0.01%)
After hours: 5:19PM EDT
|Bid||56.00 x 2200|
|Ask||60.00 x 1300|
|Day's Range||57.88 - 58.56|
|52 Week Range||47.54 - 68.75|
|PE Ratio (TTM)||20.76|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||0.72 (1.22%)|
|1y Target Est||66.22|
Some board members discussed the special dividend, designed to dilute the Redstones’ controlling interest, with Martin Lipton, the board’s veteran corporate lawyer, “any number of times over the years,’’ according to a Delaware Chancery Court filing. The filing indicates the clash between Les Moonves, CBS’s chief executive officer, and Shari Redstone, president of the controlling shareholder National Amusements Inc., over the fate of America’s No. 1 prime-time TV network has been brewing for years.
In some circles, the upcoming NFLX stock earnings report is merely a coronation of the obvious. Anyone who isn’t emotionally and financially vested in the streaming-media firm can see that NFLX stock is overheated. Just prior to its second-quarter fiscal 2018 earnings report, shares hit triple-digits against its January opener.
Provocative British comedian Sacha Baron Cohen's new television show is making headlines in the United States even before its first episode is aired, with conservative figures Sarah Palin and Joe Walsh saying they were duped by him. "Who is America?", due to launch on Sunday on cable channel Showtime, has been shrouded in secrecy apart from a trailer showing former U.S. defense secretary Dick Cheney signing a large bottle described as a water-boarding kit. The seven-episode series marks Baron Cohen's first television project in a decade after he launched his comedy career as subversive white English rapper Ali G., whose interviews included Donald Trump and Newt Gingrich.
T-Mobile US (TMUS) is increasingly deploying 600 MHz LTE across the country and has forged several partnerships with broadcasters to assist them in the move to new airwaves.
T-Mobile and CBS Television Stations partner to bring 600 MHz LTE to New York City more than a year early
that also prompted the departures of star presenter Bill O’Reilly and Roger Ailes, the channel’s former chairman. Mr Shine, who had worked for Fox since its launch more than 20 years ago, resigned as co-president in May 2017 as the network confronted the fallout from a series of sexual harassment allegations.
In the never-ending tug of war between presidents and the press, some chief executives have been worseGetty ImagesDonald Trump’s a softie on the press, compared to John Adams.The press coverage was vicious.
CBS Corporation's (CBS) subsidiary Showtime Networks assures the availability of TV series for the internationally hit science fiction military video game Halo.
Top-rated ABC-owned WLS-Channel 7 had even more reason than usual to rejoice over the June ratings book that ended Thursday. June is typically an uneventful month in the local news ratings. But not so this time. When the June book ended yesterday, Channel 7’s flagship 10 p.m. news report had a commanding lead over what used to be a competitive No. 2, NBC-owned WMAQ-Channel 5. Channel 7’s 10 p.m. newscast ended the month with a 7.2 rating, up year over year from a 7.0 Monday through Friday. One rating point equals 35,000 households in the Chicago market.
International hit military science fiction videogame Halo is coming to television in the form of a scripted drama series, cable channel Showtime said on Thursday. The 10-episode series, based on the best-selling Xbox franchise, will dramatize a 26th-century conflict between humanity and an alien threat known as the Covenant, as well as weaving personal stories with action and adventure, Showtime said in a statement. Halo, a first-person shooter game developed for Microsoft Corp's Xbox in 2001, has grown into a global phenomenon, selling more than 77 million copies worldwide and grossing more than $5 billion in sales.
CBS Corporation Common Stock (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) are a tale of two media stock trajectories, according to Imperial Capital. Imperial Capital's David Miller initiated coverage of CBS with an Outperform rating and $71 price target.
CBS Corporation (CBS) signs an extended agreement with the National Football League (NFL) to stream all NFL ON CBS games on CBS All Access subscription service, through 2022.
Amazon.com Inc. ( AMZN) should consider purchasing an established media company such as CBS Corp. ( CBS) to strengthen its streaming service’s ability to compete with industry leader Netflix Inc. ( NFLX), according to MoffettNathanson. In a research note, reported on by CNBC and Fox Business, Michael Nathanson, a senior research analyst at the firm, claimed that the e-commerce giant’s Prime Video service currently doesn’t have a deep enough library of content to compete with Netflix.
The media world is in a bit of a frenzy of late, resulting in a mixed bag for stocks. CBS (CBS) has fared just about the same as Viacom during the aforementioned time periods, for example. On the flip side, some of the biggest media players got good news last week, with a judicial green light on consolidation. The news had some speculating that a merger could be in the cards for Viacom, which is one of six companies owning 90% of media.
President lashes out at Fallon, Colbert and KimmelReutersPresident Donald Trump speaks Monday in in West Columbia, S.C. Speaking at a campaign rally in South Carolina for Gov. Henry McMaster on Monday night, Trump bashed a trio of late-night talk-show hosts who often joke about him as talentless and unfunny. Trump has repeatedly called “SNL” unfunny, especially Alec Baldwin’s portrayal of him in sketches.
Fox pays millions for WWE deal despite questions over World Cup deal. Yahoo Finance's Seana Smtih, Andy Serwer and Dan Roberts discuss.
Oscar winner Russell Crowe is back... This time it's on the small screen but he's set to play a big role as the controversial Fox News network chief Roger Ailes.