On Monday, the Dow took its biggest single-day point plunge in history. Here’s what you need to know about what’s going on with the stock market. A correction is a 10% decline in stocks from a recent high. In this case, that was less than …
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 …
Digital Signs Direct USA is happy to announce to the general public, and the advertising industry in general, of the …
Billionaire Sumner Redstone's National Amusements Inc. said Monday that it had sold $233 million worth of stock in Viacom Inc. and CBS Corp. to raise cash to comply with debt covenants -- $167 million less than the company said …
Analysts put little credence in the takeover talk. CBS' stock has risen in price by about 12 percent since April 1. The shares fell $3.25 apiece Monday to close at $184.50 after having hit a 52-week high of $187.75 on Thursday. Walt …
NEW YORK (AP) — Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law. All employees will soon be able to earn paid sick time off, and the company’s parental leave benefits will …
Sumner Redstone's National Amusements is selling CBS (CBS) and Viacom (VIA) shares to pay off its creditors. The CBS sale will bring in $345 million and the Viacom sale will bring in $600 million. During the great bull run of the last seven …
CBS said Monday that his base salary of $3.5 million will remain at its current level and that he would continue to be eligible for an annual bonuses as well as generous stock and option awards, some of which are tied to the company's …
Dozens of university students were visiting the stock exchange at the time ... continue as normal “without significant change to the trading schedule.” (©2018 CBS Broadcasting Inc. All Rights Reserved. Cable News Network, Inc., a Time …
As a rule, the broadcast TV network most desperate for viewers takes the biggest programming chances. Remember the year ABC put "Lost" and"Desperate Housewives" on its prime-time slate after four years in the ratings cellar? …