-
Report: CBS-Viacom Deal Could Come Monday, CBS Shareholders Could See Slight Premium
Monday, August 12, 2019 - 11:29am | 303Read More...CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) are close to a merger deal that would value Viacom below its most recent closing price, Reuters reported Monday. Shares of both media companies were trading down after the report, which cited unnamed sources in saying Viacom shareholders...
-
CBS Reports Q2 Earnings Beat
Thursday, August 8, 2019 - 4:20pm | 264Read More...CBS Corporation (NYSE: CBS) reported a second-quarter earnings beat after the close on Thursday. Earnings came in $1.16 beating estimates by 4 cents. Sales came in at $3.809 billion, beating estimates by $99 million. "CBS delivered another outstanding quarter as we continue to execute on our...
-
CBS Shares Fall On Q1 Sales Miss
Thursday, May 2, 2019 - 4:22pm | 160Read More...CBS Corporation (NYSE: CBS) shares are off despite reporting its best-ever quarterly revenue in the first quarter. First-quarter adjusted earnings came in at $1.37, in-line with consensus. Sales came in at $4.17 billion, missing estimates by $130 million. "CBS has once again grown across all...
