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The Latest CBS Drama Series Is Playing Out On The Board, Not On TV
Tuesday, May 15, 2018 - 8:23am | 412Read More...CBS Corporation (NYSE: CBS)'s move to file a lawsuit against its own parent company, National Amusements, has one of two outcomes -- both of which are a potential negative for the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Andy Hargreaves maintains a Sector Weight...
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Bloomberg: Viacom's Shari Redstone Considering Recombining Company With CBS
Monday, August 29, 2016 - 8:52am | 383Read More...Shari Redstone, daughter of the ailing 93-year-old Sumner Redstone, is now in control of her father's media empire, Viacom, Inc. (NASDAQ: VIA) (NASDAQ: VIAB) and will soon need to decide how to proceed. According to a report by Bloomberg, Shari Redstone is considering a move to recombine Viacom...
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CEOs Vs. Hedge Fund Managers: Who Gets Paid Better?
Thursday, May 26, 2016 - 10:49am | 715Read More...Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...
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CBS, CW Superhero Crossover Nets Big Ratings For 'Supergirl'
Wednesday, March 30, 2016 - 8:38am | 349Read More...Recently, CBS Corporation (NYSE: CBS) revealed 11 of its biggest shows were being given early renewals for the upcoming fall season, but many noticed a few glaring omissions…namely its entire freshman class. CBS head Leslie "Les" Moonves previously went on record stating he expected the vast...
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CBS Head Les Moonves Makes Predictions About His Network's Rookie Class
Wednesday, March 9, 2016 - 10:10am | 364Read More...Investors have learned that when CBS Corporation (NYSE: CBS)'s chairman, president and CEO Leslie "Les" Moonves speaks, it’s wise to listen. On Tuesday, Moonves spoke at the Deutsche Bank Media, Internet & Telecom Conference and discussed a variety of issues tied to his network. Yet,...
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CBS Establishes Succession Plan, CEO Les Moonves To Become Chairman
Tuesday, December 22, 2015 - 9:40am | 176Read More...CBS Corporation (NYSE: CBS) CEO Leslie Moonves will take over as Chairman of the Board following the death of 92-year-old Sumner Redstone, according to a Bloomberg report. Redstone currently serves as Chairman on both CBS's and Viacom, Inc. (NASDAQ: VIAB)'s Boards and controls the...
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CBS CEO: 'Thoughts Of The Demise Of Network Television Have Been Greatly Exaggerated'
Friday, May 8, 2015 - 3:03pm | 361Read More...CBS Corporation (NYSE: CBS) reported mixed first-quarter earnings post market closing on Thursday. EPS for the quarter came in at $0.78, above analysts' estimates of $0.75. However, revenue at $3.5 billion was a tad bit lower than expectations of $3.502 billion. Leslie Moonves, CBS...
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CBS Beats Q1 EPS Expectations
Friday, May 8, 2015 - 7:12am | 295Read More...CBS Corporation (NYSE: CBS) reported results for the first quarter of 2015 on Thursday. Revenues were $3.50 billion for the first quarter of 2015 compared with $3.57 billion for the prior-year period. EPS was a record for the quarter, beating estimates at $0.78 compared with $0.77 for the...
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CBS Reports Strong Q4 Revenue and Earnings
Thursday, February 12, 2015 - 7:14pm | 219Read More...CBS Corporation (NYSE: CBS.A) (NYSE: CBS) reported financial results Thursday for the fourth quarter of 2014. Revenue came in at $3.68 billion for the fourth quarter and were up 3 percent from $3.57 billion for the same quarter in 2013. Net earnings per diluted share grew 8 percent, to $0.77...
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CBS Sending Big Message To Affiliates
Wednesday, August 13, 2014 - 1:05pm | 405Read More...CBS (NYSE: CBS) is sending a message to its affiliates: Pay up or get out. In an apparent dispute over fees for sports and prime-time programming, CBS on Monday pulled the plug on Lin Media (NYSE: TVL) in Indianapolis and will move its broadcasts there to Tribune Media's (OTC: TRB) WTTV-TV...
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Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446Read More...U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
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CBS Announces Sale Of All CBS Outdoor Shares
Wednesday, June 11, 2014 - 8:18am | 236Read More...CBS (NYSE: CBS) Wednesday morning officially announced the sale of its 81 percent ownership in CBS Outdoor Americas (NYSE: CBSO). This is the final step in a spinoff of which was started when CBS Outdoor became its own publicly traded entity in April. Following the sale of CBS’ stake, CBS...
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CBS Reports Higher Q2 Profit (CBS)
Wednesday, July 31, 2013 - 5:08pm | 203Read More...CBS (NYSE: CBS) released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported both earnings per share and revenue that came in ahead of Wall Street consensus estimates. In late trade, the stock was last up 0.78 percent to $53.25. Management...
