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Stock Market & Financial Investment News

News Breaks
March 17, 2014
08:19 EDTCBSCBS price target raised to $83 from $70 at Needham
Needham increased its price target on CBS as the firm expects the company's margins and multiple to benefit as it obtains a higher percentage of revenue from retrans fees, reverse compensation, SVOD and international markets. Needham keeps a Buy rating on the stock.
News For CBS 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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