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Stock Market & Financial Investment News

News Breaks
November 16, 2012
07:52 EDTVIA, VIABViacom CEO defends health of MTV, LA Times reports
In response to an analyst's inquiry during its Q4 earnings call, Viacom (VIA, VIAB) CEO Philippe Dauman assured "MTV is very healthy," citing its "great development pipeline," in spite of ratings that have declined and the threat from losing its important "Jersey Shore" franchise, reported The Los Angeles Times. Reference Link
News For VIA;VIAB From The Last 14 Days
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October 29, 2014
09:04 EDTVIABViacom negative sentiment has created buying opportunity, says Sterne Agee
Sterne Agee says that Viacom's multiple has reached all-time lows, due to negative sentiment based on ratings declines. The firm thinks the multiple is unlikely to decline further, and it says the stock outperformed significantly following similar situations in 2009 and 2012. The firm keeps an $80 price target and Buy rating on the shares.
October 23, 2014
07:53 EDTVIA, VIABAlibaba CEO ups Hollywood content pursuit with studio meetings, Bloomberg says
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