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Stock Market & Financial Investment News

News Breaks
February 14, 2013
18:18 EDTCBSCBS CEO Moonves: We had our best Q4 ever in all profit measures
On CBS' (CBS) Q4 earnings conference call, CEO Les Moonves said, "We had our best fourth quarter ever in all profit measures, including OIBDA, operating income and EPS. Our sources of high-margin growth are hitting on all cylinders, and as a result we are driving earnings like never before. 2013 is going to be an even better year with significant growth in retrans, reverse compensation, digital streaming, and domestic and international syndication." Moonves said the company was looking at significantly higher retrans revenue for 2013, and it was ahead of its target of reaching $1B in revenue from retrans by 2017, possibly sooner. He noted that the syndication pipeline remains very robust, and expects 2013 to be a "tremendous year."
News For CBS From The Last 14 Days
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December 16, 2014
08:29 EDTCBSComcast to launch online live stream of NBC, WSJ reports
Comcast's (CMCSA) NBC is launching a live stream of its broadcast network online today and plans for it to be available on mobile platforms early next year, but NBC does not plan to sell a separate online version without requiring a pay-TV subscription, unlike peers CBS (CBS) and Time Warner’s (TWX) HBO, said The Wall Street Journal. Reference Link
December 12, 2014
06:17 EDTCBSTime Warner CEO talks potential mergers in media space, NY Post reports
Time Warner CEO Jeff Bewkes discussed the potential of a merger with CBS (CBS) and Viacom (VIA) at yesterday's DealBook conference, New York Post reports. Bewkes said, "They may want to be a merger partner for somebody or maybe even for themselves."Reference Link
December 11, 2014
15:29 EDTCBSCBS extends contract with CEO Moonves through June 2019
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06:24 EDTCBSDISH plans to leave broadcast channels out of basic online TV package, WSJ says
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December 9, 2014
15:03 EDTCBSDiscovery Communications rises after CEO sees outperforming U.S. peers
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06:48 EDTCBSAnalysts say Netflix undermining TV ad revenue, NY Times reports
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December 8, 2014
10:00 EDTCBSOn The Fly: Analyst Initiation Summary
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07:23 EDTCBSUBS to hold a conference
42nd Annual Global Media & Communications Conference is being held in New York on December 8-10 with webcasted company presentations to begin on December 8 at 8 am; not all presentations may be webcasted. Webcast Link
December 7, 2014
12:26 EDTCBSCBS, DISH reach content carriage agreement
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December 5, 2014
16:55 EDTCBSCBS initiated with a Neutral at UBS
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December 4, 2014
16:27 EDTCBSOn The Fly: Closing Wrap
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15:58 EDTCBSStarz weighs alternate option after failing to find buyer, Bloomberg reports
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09:47 EDTCBSCBS, DISH not currently in negotiations, CNBC reports
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09:45 EDTCBSCBS has no interest in acquisition of Starz, CNBC's Faber says
CBS (CBS) has no interest in pursuing an acquisition of Starz (STRZA), according to CNBC's David Faber, citing sources.

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