This post has been updated. See below for details. CBS Corp. Chief Executive Leslie Moonves sold 450,000 shares of CBS stock this week for about $22 million, according to a regulatory filing. The television titan, whose compensation …
Investors and some analysts still seemed concerned. CBS’s stock was down nearly 4 percent in midmorning trading. Jason Bazinet, an analyst from Citigroup, said in a research note that the deal was “not what we expected” and cited …
CBS Corp. (CBS) is global media company that most people with a TV recognize, but I do not want to talk about its programming or ratings. I want to look at the performance and the technical condition of the stock. Let's check the …
Now that CBS is back as a public company, it’s attracting the interest of value-oriented investors. Viacom recently split into two companies, creating CBS (symbol CBS) and a new Viacom (VIAB). The breakup reflected the frustration of …
CBS scored a big ratings win with the premiere of The Crazy Ones, a comedy featuring Robin Williams on Thursday night. It is one of five new shows on the network’s hit-stacked prime-time TV schedule. ABC, NBC and Fox each are trying …
Perhaps, luckily for CBS, the proposal by the Turner-controlled Turner Broadcasting System Inc. (TBS) was complicated, involving nine different pieces of high-yield, high-risk bonds and stock. It has no cash. And it came from Turner, an …
CBS shares surged 7.9 percent to $40.95 yesterday after the owner of the most-watched US television network said it will convert its outdoor ad division into a real estate investment trust and seek a buyer for the European and Asian parts of …
So far, the effort is paying off for shareholders as well. Since launching All Access in 2014, CBS stock is now up 18.9 percent compared to only a 12.9 percent gain from Disney stock in that time. Earlier this year, Nomura analyst …
CBS Corp. (CBS) and Hulu are close to signing a deal under which CBS will license its broadcast network and some cable channels for Hulu’s upcoming cable-style, live-streaming service, according to the Wall Street Journal. Expectations are …