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Stock Market & Financial Investment News

News Breaks
August 6, 2014
08:50 EDTVIA, VIABViacom expects Channel 5 Broadcasting acquisition to close by end of Q4
Expects domestic advertising to grow low single digits in Q4. Expects FY14 affiliate revenue to grow in high single to low double digits. Sees TV viewership outside of traditional ways is growing. Total video consumption of full episode programming as grown YoY. Comments taken from Q3 earnings conference call.
News For VIA;VIAB From The Last 14 Days
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May 20, 2015
13:34 EDTVIAB, VIAViacom boosts quarterly dividend to 40c from 33c
Viacom announced that its board has approved a 21% increase in its quarterly dividend to 40c per share of Class A and B common stock from 33c per share. The increase will take effect beginning with Viacom’s next quarterly dividend, payable on July 1, to stockholders of record at the close of business on June 15. Viacom President and CEO Philippe Dauman said, “Viacom is deeply committed to returning capital directly to our shareholders while investing in high-quality programming, expanding in the U.S. and abroad, and developing new and innovative consumer and advertising initiatives. Our strong balance sheet and substantial cash flow have allowed us to increase our quarterly dividend each year since it was initiated in 2010. We also look forward to resuming our buyback program by October."
13:31 EDTVIAB, VIAViacom announces 21% increase in quarterly dividend
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May 18, 2015
07:27 EDTVIAJPMorgan to hold a conference
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May 15, 2015
16:32 EDTVIABBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
May 14, 2015
06:01 EDTVIAMTV Networks COO Rich Eigendorff leaving company, NY Post reports
MTV Networks COO Rich Eigendorff is leaving the company, sources tell The New York Post. MTV parent Viacom began letting senior executives go several months ago as part of a restructuring effort. Eigendorff is said to be retiring from the company, one source says. Reference Link
May 12, 2015
10:03 EDTVIA, VIABCastlight Health awarded national contract by Viacom
Castlight Health (CSLT) announced that Viacom (VIA;VIAB) has selected the Castlight Enterprise Healthcare Cloud to provide resources to employees that will help them make the most of their benefits and enable more informed healthcare decisions. The Castlight Enterprise Healthcare Cloud is designed to simplify the healthcare benefits experience for employees, providing a 'one-stop shop' that includes detailed information about care options. In addition, the platform helps companies understand the health needs of their employee population through predictive insights rather than relying on retrospective analysis of past care.
08:31 EDTVIAApple likely to launch TV video service this year, says Pacific Crest
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06:41 EDTVIATV networks touting digital, targeting technologies to marketers, NY Times says
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May 11, 2015
11:02 EDTVIAB, VIATribune Media names Josh Cogswell as Chief Product Officer
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06:33 EDTVIATV networks worried amid tough competition from digital outlets, NY Times says
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May 10, 2015
18:05 EDTVIA, VIABFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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May 8, 2015
06:04 EDTVIAB, VIACBS, Viacom controlling shareholder: 'No set plan' on succession, NYP says
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