CBS Corporation CBS looks promising, buoyed by its growth initiatives and sturdy top- and bottom-line performance. The stock hit a 52-week high of $64.04 on Dec 9, closing lower at $62.56. Also, its share price has surged a whopping …
Example of A Bad Buyback: CBS Corp (CBS) CBS Corp (CBS: $57/share) has been one of the most prolific companies in terms of buying back stock in recent years. As Figure 1 shows, the broadcaster has bought back 183 million shares …
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 can will soon be able to earn paid sick time off, and the company’s parental leave benefits …
Media magnate Sumner Redstone, who along with his family is the majority owner in CBS Corp. and Viacom, sold more than $200 million worth of stock in the companies during May, The Wall Street Journal reports. The sales allowed …
The broadcasting giant is now in the midst of a significant stock repurchase process, and the RBC team expects CBS to shrink its share base by about 25% over the next two years. Investors are paid a small 0.8% dividend. The stock is up …
Shareholders of CBS Class A common stock may also participate in the exchange ... View original …
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Investors seem to like these types of moves as well. Shares of CBS have gained more than 30 percent since the company split from former parent Viacom (Charts) in January. Viacom's stock, meanwhile, has fallen 8 percent. "It's a little …
The San Francisco bank also agreed to remove four directors from its board. WAKING UP: The stock market has been unusually calm for more than a year. The combination of economic growth in the U.S. and other major economies, low …