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News Breaks
November 20, 2009
07:57 EDTCBS
theflyonthewall.com: CBS volatility of 54 at 14-month lows
CBS closed at $13.31. CBS December option implied volatility is at 54, January is at 55; below its 26-week average of 69, according to Track Data, suggesting decreasing price movement. :theflyonthewall.com



News For CBS From The Last 14 Days
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February 2, 2012
09:22 EDTCBS
theflyonthewall.com: General Motors pulls out of almost 50% of Q2 upfront ad buys, Ad Week says
General Motors (GM) exercised options to cancel a substantial portion of its Q2 upfront advertising commitments, pulling out of nearly 50% of its upfront buys in broadcast and cable for the time period, the maximum allowed under its network contracts, reported Ad Week yesterday afternoon, citing sources. Reference Link :theflyonthewall.com

January 30, 2012
16:37 EDTCBS
theflyonthewall.com: CBS price target range to $32-$34 from $31-$33 at Wells Fargo

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January 29, 2012
12:29 EDTCBS
theflyonthewall.com: Four of Barron's 2012 Roundtable offer their investment picks

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January 25, 2012
11:39 EDTCBS
theflyonthewall.com: CBS announce new 10-year agreement for annual Country Music Awards
CBS, the Academy of Country Music and Dick Clark productions announced today a new 10-year deal that will keep the annual Academy of Country Music Awards, broadcast on the CBS Television Network through 2021. The new agreement further extends a successful broadcast partnership between the ACM and CBS that has been in place since 1998.   :theflyonthewall.com

January 23, 2012
10:41 EDTCBS
theflyonthewall.com: Anonymous says Facebook is next target, Business Insider reports

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January 21, 2012
13:23 EDTCBS
theflyonthewall.com: E-book purchasers update allegations in price-fixing lawsuit
Hagens Berman attorneys representing e-book purchasers in a case that claims five major publishers conspired with Apple (AAPL) to fix the price of e-books today filed an updated complaint including new information and allegations. The updated complaint names five of the nation’s top publishers including HarperCollins Publishers, a subsidiary of News Corporation (NWSA); Hachette Book Group; Macmillan Publishers; Penguin Group Inc., a subsidiary of Pearson (PSO); and Simon & Schuster Inc., a subsidiary of CBS (CBS), as well as Apple , as defendants. In the class-action lawsuit, consumers claim that the publishers feared Amazon’s $9.99 pricing model to such a degree that they conspired with Apple to force Amazon to adopt a new agency model in which publishers set prices directly, effectively ending Amazon’s ability to provide consumer-friendly pricing for e-books. After the publishers unanimously and simultaneously adopted the new pricing model, the price of e-books shot up 30 percent, according to the complaint. :theflyonthewall.com