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 …
Mogul to retain more than 75% control, pay off debt NEW YORK -- Sumner Redstone's National Amusements will take advantage of a rebound in stock prices since March to sell more shares of Viacom and CBS Corp. to raise about $945 …
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 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 …
Remember that when a Put is sold, the seller of the Put is paying the owner of the Put the difference between the strike price and the closing value of the stock on expiration. In this case, the seller of the Put would want to see the value of …
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 …
Professionals, many of whom sold CBS stock early in the day, were thought to be holding few shares now, although some were believed to have entered the market late in the session to pick up stock when it was close to the market low. CBS