|Bid||29.46 x 800|
|Ask||0.00 x 1800|
|Day's Range||47.45 - 48.48|
|52 Week Range||47.45 - 61.59|
|Beta (3Y Monthly)||0.36|
|PE Ratio (TTM)||13.67|
|Earnings Date||Feb 13, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.72 (1.50%)|
|1y Target Est||65.43|
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.
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.
Recent stories on WarnerMedia, Apple, Netflix, Amazon, Quibi and other streaming services reported by The Business Journals and elsewhere.
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 ...
(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.
The performance of Tesla (NASDAQ:TSLA) stock of late truly has been impressive. It’s not just the fact that TSLA stock has gained 40% since late October. It’s also the environment in which Tesla stock has made those gains.
The ad-free platform features more than a thousand hours of content spanning history, air and space, nature and wildlife, science, travel, pop culture and more.
CBS News settled a lawsuit brought by three women who alleged they were harassed by former on-air personality Charlie Rose and that the network was aware of the situation but declined to act. The amount of the settlement is confidential, and a lawyer for the plaintiffs didn’t respond to a request for comment. Two of the plaintiffs—Katherine Brooks Harris and Yuqing Wei—were CBS employees who worked for Mr. Rose at the network.
CBS Corp. has settled with the women who accused Charlie Rose of sexual harassment. Goldberg and Fliegel LLP, the legal counsel for the plaintiffs, confirmed to media outlets that the settlement amount is confidential, at the plaintiffs' request. The Washington Post first reported that there were concerns about Rose's conduct in the workplace as early as 1986 and as recently as 2017.
Musk said in a series of tweets that the CBS Corp. program cut some of his comments about relinquishing the job as part of his settlement with the U.S. Securities and Exchange Commission. The CEO called for “60 Minutes” to release the full exchange he had with anchor Leslie Stahl about being replaced by Robyn Denholm, who was already a director on Tesla’s board.
The agenda praised Moonves, citing a successful 2017, a growing CBS' direct-to-consumer streaming business and "diversity and inclusion programs."
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of CBS Corporation (NYSE:CBS) as an investment opportunity by taking the expected Read More...
First up are Donald Tusk, European Council president, and Jean-Claude Juncker, European Commission president. to provide Mrs May “further” clarity about the contentious “backstop plan” to prevent the return of a hard border between Northern Ireland and the Irish Republic.
SAN DIEGO, CA / ACCESSWIRE / December 11, 2018 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of CBS Corporation (CBS). Investors, who purchased shares of CBS Corporation (CBS), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554. On July 27, 2018, media outlets reported that The New Yorker would shortly publish an article detailing allegations of sexual misconduct by CBS chairman and chief executive officer Leslie Moonves.
Here’s where they are today.The Family The Mastermind: Bernard Madoff The 80-year-old disgraced financier, whose epic scam started as early as the 1970s, is serving a 150-year sentence at a medium-security federal prison in Butner, North Carolina. He pleaded guilty to fraud in 2009. By now, Irving Picard, the trustee overseeing the firm’s liquidation in bankruptcy court, has recovered about 70 percent of approved claims, or $13.3 billion, with settlements such as a $162 million deal with the owners of the New York Mets back in 2012 and, just this year, a $280 million accord with the hedge fund operator and philanthropist J. Ezra Merkin. In the end, Madoff expressed regret -- for pleading guilty so quickly.
Some CBS Corp. directors are concerned that recent leaks from the investigation into alleged sexual misconduct by the broadcaster’s former chief executive, Leslie Moonves, could result in legal exposure for the company or people found to have failed to prevent the disclosures, people familiar with the situation say. At a board meeting Monday, CBS directors aired frustrations that details of the investigation have spilled into public view through articles in the New York Times, and they stepped up pressure on the law firms handling it, Covington & Burling LLP and Debevoise & Plimpton LLP, one of the people said. Some directors have called for a forensic investigation of the leaks, the person added.
Under the deal, Hackman Capital will also have the rights to use the Television City trademark in connection with its operations on the property.
CBS Corp. said late Monday it has agreed to sell its 25-acre production studio complex CBS Television City and sound stage operation to Los Angeles real estate developer Hackman Capital Partners for $750 million. Privately held Hackman will also have the rights to use the Television City trademark in connection with its operations on the property, CBS said in a statement. CBS programs will continue to be produced on the Television City complex for at least the next five years, the company said. Series produced at Television City include daytime hits such as "The Price is Right" and "The Young and The Restless." CBS is also to retain office space for CBS Studios International's U.S. headquarters and other company departments currently on site. "The sale of Television City unlocks significant value, increasing CBS's financial flexibility, including the ability to redeploy capital for strategic growth initiatives such as additional content investment," acting Chief Executive Joseph Ianniello said in a statement. The deal is expected to close by early 2019. Shares of CBS rose 1.5% in the extended session after ending the regular trading day down 2.3%. Hackman focuses on commercial and industrial projects and notable projects include Culver Studios, a 14-acre film and television studio campus home of Amazon Studios.
NEW YORK, Dec. 10, 2018 /PRNewswire/ -- CBS Corporation today announced it has signed a definitive agreement for the sale of its iconic 25-acre CBS Television City® property and sound stage operation with Los Angeles-based real estate developer Hackman Capital Partners for $750 million. As part of the agreement, Hackman Capital will also have the rights to use the Television City trademark in connection with its operations on the property. CBS programs will continue to be produced on the Television City campus for at least the next five years.