CBS - CBS Corporation
| Previous Close | 49.95 |
| Open | 49.94 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| 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 |
- Bloomberg•19 hours ago
Viacom's Rosy Results Poised to Boost Negotiations With CBS
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.
- Benzinga•19 hours ago
TV Network Stocks May Have Uneventful Q1 Earnings Season
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 ...
- The Wall Street Journal•yesterday
What About Bob? Behind the Leadership Drama Holding Up a Viacom-CBS Deal
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.
- CNBC•3 days ago
Trump's 'fake news' fight has helped media ratings and readership
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.
- Market Realist•3 days ago
Where Does Netflix’s Valuation Stand among Its Peers?
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%.
Market Realist•5 days agoInside Netflix’s Efforts to Boost Its Customer Base
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.
- Bloomberg•5 days ago
CBS Investors Can Press Forward With Waste Claims Over Redstone’s Pay
CBS Corp. directors must face investors’ claims they improperly granted network owner Sumner Redstone millions in compensation after he became incapacitated in 2014.
- American City Business Journals•5 days ago
Automotive Minute: Infiniti scores with March Madness sponsorship as streaming viewership hits new high
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.
- Bloomberg•7 days ago
CBS Investors Can Press Lawsuit Over Redstone's Pay
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.
- Financial Times•8 days ago
[$$] Elon's plea, an interpretation
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 ...
- Yahoo Finance•9 days ago
Netflix CEO takes jab at Facebook over data privacy controversy
Netflix CEO Reed Hastings addressed data privacy concerns raised over the last month regarding the tech industry.
- Forbes•12 days ago
Is ABC's Monster Hit 'Roseanne' Scaring Away Liberal Viewers?
'Roseanne' is a runaway hit with Fox News fans, but ABC's viewership among households that prefer young-skewing cable channels fell by 40%
- American City Business Journals•13 days ago
Charlie Rose accuser: 'It pains me knowing he is in pain'
Those wondering where the renown journalist now spends his days were given several clues, courtesy of The Hollywood Reporter.
Markit•13 days agoSee what the IHS Markit Score report has to say about CBS Corp.
CBS Corp NYSE:CBS.A
Bloomberg•14 days agoRedstone Has a $187 Million Reason Not to Push CBS's Moonves Out
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.
- Reuters•14 days ago
Analysis: Redstone weighs CBS-Viacom merger with or without Moonves
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.
Reuters•14 days agoRedstone weighs CBS-Viacom merger with or without Moonves
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.
- Reuters•16 days ago
CBS faces trademark lawsuit over Desilu name
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.
- Reuters•16 days ago
CBS faces trademark lawsuit over Desilu name
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.
Yahoo Finance Video•10 days agoAllegiant stock tanks after '60 Minutes' story about safety problems
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.
Yahoo Finance Video•12 days agoBusiness + Coffee: Paulson and Viacom, Spotify, Tinder vs Bumble
Friday, April 13: John Paulson takes stake in Viacom, Spotify buys Loudr, Tinder vs Bumble battle heats up
Bloomberg Video•13 days agoNot Sure CBS/Viacom Merger Makes Sense, Says Cuggino
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."
Yahoo Finance Video•14 days agoViacom and CBS talk merger
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...
- CNBC Videos•15 days ago
Shari Redstone likely to replace Moonves if no deal: Sour...
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 ...
Yahoo Finance Video•16 days agoMasters ratings pop 14% from last year
Masters ratings pop 14% from last year with Tiger Woods back in the fold
