|Bid||52.520 x 1000|
|Ask||52.540 x 800|
|Day's Range||52.370 - 54.460|
|52 Week Range||47.540 - 61.590|
|Beta (3Y Monthly)||0.36|
|PE Ratio (TTM)||14.92|
|Earnings Date||Feb 13, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.72 (1.25%)|
|1y Target Est||65.78|
The NFL season is more than halfway through and unlike last year the President isn't talking about player protests and ratings for NFL games are up. Last week, ratings were up in all three TV windows on Sunday, with the Sunday Night game having its best week 9 rating ever, up 63% from last year to log a 15.6 overnight. Overall, week 9 games were up 17% against last year, and through the first half of the season overall ratings were up 1%.
In an unconventional statement on Tuesday headlined “America First!” Trump said that Saudi Arabia serves as a bulwark against Iran and buys billions of dollars worth of U.S. weapons and other goods. “The world is a very dangerous place!” Trump said in the 635-word statement, punctuated with eight exclamation points.
CBS Corp. is feeling the influence of an M&A-savvy board. The New York-based TV giant is expected to announce a merger agreement with Viacom Inc. within three to six months. According to the New York Post, citing an unnamed source, "the pressure to merge has intensified" due to big-name rivals growing stronger.
Apple has committed at least $1 billion on TV content as it prepares its push into streaming to boost revenues and take on Netflix, Amazon, and Disney.
This strategy and the strength of the Tom Cruise-helmed "Mission: Impossible - Fallout" at the box office helped Viacom beat profit and revenue expectations in the quarter ended Sept. 30. As media giants Walt Disney Co (DIS.N) and AT&T Inc (T.N) mobilise their extensive film and TV libraries to launch rivals to Netflix and Amazon.com's (AMZN.O) Prime, smaller companies such as Viacom and sister company CBS Corp (CBS.N) are redoubling efforts to become original content resources for other distributors. "All of the recent activity around vertical integration only serves the demand for high quality producers," Viacom Chief Executive Bob Bakish said on a post-earnings conference call.
NEW YORK , Nov. 15, 2018 /PRNewswire/ -- CBS All Access announced today that season two of its first original comedy series, NO ACTIVITY, will launch on its service in Canada on Thursday, Nov. 22 . All episodes of the series' second season will be available to stream on this date, mirroring the roll-out in the U.S. Season two finds us back in Car 27 with SDPD detectives Cullen and Tolbeck as they stake out the seedy underbelly of a cockfighting ring.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
If you want to know who really controls CBS Corporation (NYSE:CBS), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as shareholders, Read More...
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of CBS Corporation (“CBS” or the “Company”) (CBS) breached their fiduciary duties to the Company and its shareholders. If you are a CBS shareholder, you are encouraged to contact Scott+Scott for additional information.
CBS Corp. subsidiary CBS Studios International and Chinese video streaming company iQiyi Inc. announced Wednesday they had reached an exclusive licensing agreement for "The Late Late Show with James Corden." The show will be available on demand on the Netflix-like iQiyi, which is controlled by Chinese search giant Baidu and went public in March. "It's exciting to join forces with iQiyi to bring the supreme talent of James Corden and the star power of his guests to Chinese audiences," said Armando Nuñez, CBS Global Distribution Group's president and CEO. "Mobile viewing dominates iQIYI's subscriber base, making it the perfect platform for the inventive content and viral moments of 'The Late Late Show'," he added. This is the first time the series will be available in China. Shares of CBS Corp. have fallen 3.4% in the year to date, while shares of Baidu have fallen 22%. The S&P 500 has gained 1.8%.
The normally understated chancellor took an uncharacteristically bold stance as she addressed EU lawmakers in Strasbourg. In the French capital she defended her world view against the U.S. president’s barbs as he sparred with Macron.
The quality of content on Netflix has improved over the past year, according to a new survey. However, the positive news didn't lift Netflix stock.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. CBS credit default swap spreads are within the middle of their range for the last three years.
NEW YORK, Nov. 9, 2018 /PRNewswire/ -- CBS Corporation (NYSE:CBS.A and CBS) today announced the commencement of its offer to exchange outstanding unregistered senior notes for an equal principal amount of new registered senior notes with substantially the same terms. $500,000,000 aggregate principal amount of the Company's 3.700% Senior Notes due 2028 (the "2028 Exchange Notes" and, together with the 2023 Exchange Notes, the "Exchange Notes"), which have been registered under the Securities Act, for an equal amount of its outstanding 3.700% Senior Notes due 2028 (the "2028 Original Notes" and, together with the 2023 Original Notes, the "Original Notes").
When Disney (NYSE:DIS) reports earnings later today, investors are going to wonder whether the short-term pain the company will endure from its $71.3 billion deal with Twenty-First Century Fox (NASDAQ:FOXA) and the costs its incurring to ramp up its direct-to-consumer (DTC) video streaming service next year will yield long-term gains and, ultimately, send Disney stock higher. Disney stock has got more room to run because it doesn’t fully reflect the company’s potential for long-term growth. The shares have gained about 9% this year, outperforming its peers including Comcast (NASDAQ:CMCSA) (down 4%), CBS Corporation (NYSE:CBS) (down 2%) and Viacom (NASDAQ:VIAB) (up 5%).
With gridlock in Washington largely assured and President Donald Trump still talking optimistically about dealmaking, investors liked what they heard and saw on Wednesday morning. General Electric (NYSE:GE), conversely, lost 2.1% of its value largely because there are just so many other better stocks to bet on right now. Shares of television and film name CBS have been losing ground for a couple years, with most investors assuming it wasn’t going to be able to compete with bigger, more diversified rivals in an environment that favors streaming players more anyway.
Trump suggested at a news conference Wednesday that a meeting between Pompeo and his North Korean counterpart, Kim Yong Chol, that was supposed to take place Thursday in New York would be rescheduled because of a conflict that he didn’t explain.
NEW YORK , Nov. 5, 2018 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.18 per share. The ...
The comments on “Fox News Sunday” come a day before U.S. sanctions on Iran’s energy and shipping are due to snap back following President Donald Trump’s decision to withdraw from the 2015 multilateral nuclear agreement. “The president’s policy of maximum pressure will be fully in place come tomorrow,” Pompeo said during the interview. Pompeo said the U.S. moves have “had an enormous impact already.” Iranian crude oil exports have already been reduced by over 1 million barrels a day and will continue to fall, he added.
CBS Corporation (CBS) third-quarter 2018 results primarily benefit from higher retransmission revenues, international licensing and political advertising sales.