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CBS Corp (CBS.N)

CBS.N on New York Stock Exchange

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23 Feb 2018
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Thu, Feb 15 2018

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CBS tops estimates as licensing business grows

CBS Corp topped Wall Street's quarterly revenue and profit estimates on Thursday as U.S. and international distributors licensed more of its shows.

UPDATE 2-CBS tops estimates as licensing business grows

Feb 15 CBS Corp topped Wall Street's quarterly revenue and profit estimates on Thursday as U.S. and international distributors licensed more of its shows.

CBS profit drops 85 pct on tax charge

Feb 15 Media company CBS Corp, which is exploring a merger with Viacom Inc, on Thursday reported a 85.2 percent drop in quarterly profit, largely due to a $129 million charge related to the recent changes in the U.S. tax law.

BRIEF-CBS Corp ‍Revenue For Q4 Increased 11 pct To $3.92 Billion​

* ‍REVENUES FOR Q4 OF 2017 INCREASED 11% TO A RECORD $3.92 BILLION​

BRIEF-Appaloosa Dissolves Share Stake In CBS Corp - SEC Filing

* APPALOOSA - CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017 Source text for quarter ended Dec 31, 2017: (http://bit.ly/2CmrRSi) Source text for quarter ended Sept 30, 2017 (http://bit.ly/2zJRjl2)

BRIEF-Omega Advisors Takes Share Stake In CBS Corp

* OMEGA ADVISORS INC TAKES SHARE STAKE IN CBS CORP OF 318,000 CLASS B SHARES - SEC FILING

Viacom shares shine on upbeat distributor revenue forecast

Viacom Inc , which is exploring a merger with CBS Corp , raised its forecast for full-year revenue from U.S. cable and satellite companies on Thursday, sending its shares up as much as 12 percent.

UPDATE 4-Viacom shares shine on upbeat distributor revenue forecast

* Shares jump as much as 12 pct (Adds context, background on U.S. ad sales)

CBS, Viacom form special committees to explore merger

CBS Corp and Viacom Inc have formed special committees to explore a merger, the companies said on Thursday, the first step in potentially reuniting the companies split by media mogul Sumner Redstone more than a decade ago.

UPDATE 2-CBS, Viacom form special committees to explore merger

Feb 1 CBS Corp and Viacom Inc have formed special committees to explore a merger, the companies said on Thursday, the first step in potentially reuniting the companies split by media mogul Sumner Redstone more than a decade ago.

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