Previous Close | 49.95 |
Open | 49.94 |
Bid | 49.00 x 100 |
Ask | 64.01 x 100 |
Day's Range | 49.69 - 50.82 |
52 Week Range | 49.04 - 68.75 |
Volume | 2,375,919 |
Avg. Volume | 3,917,341 |
Market Cap | 19.179B |
Beta | 1.32 |
PE Ratio (TTM) | 57.23 |
EPS (TTM) | 0.88 |
Earnings Date | May 3, 2018 |
Forward Dividend & Yield | 0.72 (1.41%) |
Ex-Dividend Date | 2018-03-08 |
1y Target Est | 69.54 |
Viacom Inc. posted better-than-expected results and said that its Paramount Pictures studio has returned to profitability, buoying the entertainment giant as it negotiates a merger with CBS Corp. Sales at Viacom’s international TV networks also grew 18 percent from a year ago, lifting sales across Viacom’s media networks group. Viacom reported overall sales of $3.15 billion, beating the average Wall Street estimate of $3.04 billion.
Within the next couple of weeks, the majority of TV network stocks will be reporting first-quarter earnings. Earnings season is always important for investors, but KeyBanc analyst Andy Hargreaves is expecting ...
When CBS Corp. Chief Executive Leslie Moonves, Viacom Inc. Chief Executive Bob Bakish and their top lieutenants met in January over deli sandwiches at CBS’s Los Angeles offices to discuss merging their companies, things started out cordially. People close to both Viacom and Shari Redstone, the president of National Amusements, the holding company that overwhelmingly controls both companies, say there is little chance of a deal without a senior role for Mr. Bakish. People familiar with CBS’s thinking are adamant he will have none.
President Donald Trump's fight against the media has led to higher than usual ratings even after the election. Surprise firings, criminal investigations and vague statements that have world leaders scratching their heads has turned President Donald Trump administration into political theater. Experts expected media ratings to normalize after the election when the NFL and other popular TV shows started to air.
On April 16, 2018, Netflix (NFLX) stock closed down 1.2% at $307.78 for the day. However, the company’s stock increased more than 6.0% in after-hours trading after its earnings announcement on April 16. Year-to-date, Netflix’s stock price grew more than 60.0%.
Netflix (NFLX) has been gearing up its growth efforts by investing in content and marketing to add and retain subscribers. Netflix expects to increase its marketing budget from ~$1.3 billion in 2017 to ~$2.0 billion for 2018. Netflix plans to invest $7.5 billion–$8.0 billion in 2018 to generate original content, up from $6.0 billion in 2017.
CBS Corp. directors must face investors’ claims they improperly granted network owner Sumner Redstone millions in compensation after he became incapacitated in 2014.
Infiniti has been able to utilize Turner Broadcasting System, Inc.’s and CBS Broadcasting, Inc.’s asset mix to help tell the company’s luxury automobile and lifestyle story.
CBS Corp. directors must face investors’ claims they improperly granted network owner Sumner Redstone millions in compensation after he became incapacitated in 2014. Shareholders can press forward with claims Redstone was unjustly enriched through compensation the board gave him after his health issues made it difficult to function and that pay was a waste of corporate assets, Delaware Chancery Court Judge Andre Bouchard concluded Thursday. Bouchard also dismissed investors’ challenges to some of Redstone’s compensation that reduces the amount at issue in the case to about $4 million from $13.5 million.
In the midst of production issues , concerns over cash flow and accusations misrepresenting accident rates, Elon Musk wrote a heartfelt letter to his 35,000 Tesla employees yesterday, published here by ...
Netflix CEO Reed Hastings addressed data privacy concerns raised over the last month regarding the tech industry.
'Roseanne' is a runaway hit with Fox News fans, but ABC's viewership among households that prefer young-skewing cable channels fell by 40%
Those wondering where the renown journalist now spends his days were given several clues, courtesy of The Hollywood Reporter.
CBS Corp NYSE:CBS.A
If Leslie Moonves’s CBS Corp. can’t agree on a deal with Viacom Inc., Shari Redstone still has as many as 187 million reasons to keep the media boss around.
As she seeks to combine CBS Corp (CBS.N) and Viacom Inc (VIAB.O) into a single company, media mogul Shari Redstone risks losing her most talented executive, whose leadership could be critical to ensuring the proposed merger succeeds. Such is the difficulty facing Redstone. Moonves is chafing at Redstone's insistence on installing Viacom's CEO as his second-in-command and likely successor of a merged company, the people say.
As she seeks to combine CBS Corp (CBS.N) and Viacom Inc (VIAB.O) into a single company, media mogul Shari Redstone risks losing her most talented executive, whose leadership could be critical to ensuring the proposed merger succeeds. Such is the difficulty facing Redstone. Moonves is chafing at Redstone's insistence on installing Viacom's CEO as his second-in-command and likely successor of a merged company, the people say.
Charles Hensley said he had reached out to Lucie Arnaz, the daughter of Ball and Arnaz, and received her family's "blessing" for a Desilu relaunch, but that CBS instructed her not to have further conversations regarding the name. A CBS spokesman on Tuesday said the New York-based company "was just learning" about the lawsuit and had no comment.
The Desilu name coined by Lucille Ball and Desi Arnaz for the production company behind "I Love Lucy" and other popular television shows is now the subject of a lawsuit against CBS Corp. Charles Hensley said he had reached out to Lucie Arnaz, the daughter of Ball and Arnaz, and received her family's "blessing" for a Desilu relaunch, but that CBS instructed her not to have further conversations regarding the name.
Allegiant stocks were not flying high on Monday after '60 Minutes' aired a scathing report about the company's safety record. Yahoo Finance's Seana Smith, Andy Serwer, Julia LaRoche and David Pogue discuss.
Friday, April 13: John Paulson takes stake in Viacom, Spotify buys Loudr, Tinder vs Bumble battle heats up
Apr.13 -- Michael Cuggino, president and portfolio manager at Permanent Portfolio Family of Funds, discusses the CBS-Viacom relationship and what it could mean for investors. He speaks with Vonnie Quinn on "Bloomberg Markets."
Viacom and CBS are back at it again, the merger talks back on, but now things may be a little different. A power struggle brewing between the ailing Sumner Redstone's daughter Shari Redstone and CBS boss Les Moonves.. Reports suggest Moonves is frustrated with Redstone's insistence on making CEO Bob Bakish his 2nd in command and likely successor. Reuters is reporting Redstone is also contemplating moving forward without Mooves at the helm...
According to sources, Shari Redstone, CBS and Viacom vice chair, will move to fire CBS CEO Leslie Moonves as he attempts to impose his will on the management structure of a combined Viacom and CBS, reports CNBC's David Faber with the latest details on ...
Masters ratings pop 14% from last year with Tiger Woods back in the fold