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Stock Market & Financial Investment News

News Breaks
June 11, 2014
07:01 EDTCBS, CBSOCBS launches the split-off of CBS Outdoor Americas
CBS (CBS) announced plans to fully divest its 81% ownership in CBS Outdoor Americas (CBSO) through an exchange offer that is expected to be tax-free for participating shareholders in the U.S. The exchange offer is anticipated to be the final step in the separation of CBS Outdoor following its initial public offering in April. Upon the split-off, CBS Outdoor intends to convert into a real estate investment trust.
News For CBS;CBSO From The Last 14 Days
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September 30, 2014
11:54 EDTCBSFCC eliminates sports blackout rules
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06:25 EDTCBSFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
September 23, 2014
08:06 EDTCBSCBS near-term volatility will create opportunity, says Wells Fargo
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September 18, 2014
06:37 EDTCBSCBS head looks to reduce radio assets within 12 months, Reuters says
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September 17, 2014
17:19 EDTCBSCBS CEO says online ads not cannibalizing broadcast TV ads
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16:58 EDTCBSCBS CEO says Ray Rice scandal may have increased ratings
16:51 EDTCBSCBS CEO says could offer similar product to HBO Go in Europe
Les Moonves is speaking at the Bank of America conference.

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