What: Shares of Viacom jumped nearly 13% late Thursday after the media company announced it had agreed to a multiyear contract renewal with DISH Network. "We are extremely disappointed that DISH has ...
After saying repeatedly that he had no intention of selling any more shares of CBS Corporation or Viacom, Sumner Redstone is doing just that. He stunned the stock market by announcing Wednesday ...
While spun-off CBS Corporation has continued to pay cash dividends to its shareholders, Viacom called a halt in early 2009. Now the company is resuming dividend payments – and has also announced a ...
Viacom operates largely in an industry -- cable television -- that's undergoing massive changes. That makes the company vulnerable because even though it owns some impressive brands -- MTV, Comedy ...
Weak fourth-quarter results at ViacomCBS -- with 3% lower revenues -- sent investors running away in early Thursday trading of the company's stock, down sharply by 16% to $29.52. ViacomCBS posted its ...
NEW YORK, June 9 (Reuters) - Viacom Inc declared its first quarterly dividend on Wednesday and reinstated a stock repurchase program, addressing questions about how it would invest its extra cash.
Warren Buffett once said, "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." The media sector was one such industry which was brutally "marked ...
Viacom has suffered through a period of uncertainty caused by concerns about the future of the television business. Those industry-wide problems have been magnified by the bizarre events surrounding a ...
Viacom Inc., signaling that investors are shunning its plan to split off Blockbuster Inc., said it might have to write down the value of the video rental chain’s assets. Viacom in June announced an ...
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