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Stock Market & Financial Investment News

News Breaks
February 18, 2014
08:08 EDTCBSCBS price target raised to $76 from $70 at Argus
Argus increased its price target on CBS after the company reported stronger than expected Q4 results. The firm is pleased by the company's decision to divest its Outdoor Advertising division, and thinks the company can benefit from ad sales and resales of its content. It keeps a Buy rating on the shares and leaves the stock on its Focus List.
News For CBS From The Last 14 Days
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September 30, 2014
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.
September 16, 2014
11:05 EDTCBSJury finds CBS infringed on podcasting patent, ArsTechnica reports
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07:27 EDTCBSBofA/Merrill to hold a conference
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