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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:57 EDTVIAB, VIAViacom hopes Nickelodeon app helps channel's flagging fortunes, NYT says
Viacom (VIA, VIAB) hopes its first "TV Everywhere" authenticated app for flagship kids channel Nickelodeon, expected to be available in Apple's App Store on Thursday, helps it revive the brand's cache and provides a roadmap for other apps for properties like MTV and Comedy Central, according to the New York Times. Reference Link
News For VIA;VIAB From The Last 14 Days
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April 13, 2015
11:56 EDTVIA, VIABMedia companies look to back away from Nielsen guarantees for ads, Variety says
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April 8, 2015
08:56 EDTVIAViacom multiple compression overdone, says RBC Capital
RBC Capital believes that Viacom is facing a number of headwinds, but the firm thinks that the stock's multiple compression is overdone given what it sees as the company's largely visible affiliate revenue outlook and cost savings from restructuring. The firm believes that Viacom "offers a compelling combination of growth and value." RBC cut its price target on the name to $80 from $88 but keeps an Outperform rating on the shares.

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