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Stock Market & Financial Investment News

News Breaks
May 21, 2014
12:33 EDTVIA, VIABViacom raises quarterly dividend to 33c from 30c per share
Viacom announced that its Board of Directors has approved an increase in its quarterly dividend to 33c per share of Class A and B common stock from 30c per share. The increase will take effect beginning with Viacomís next quarterly dividend, payable on July 1 to stockholders of record at the close of business on June 13.
News For VIAB;VIA 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.
April 6, 2015
16:12 EDTVIA, VIABViacom to temporarily pause share repurchases
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16:10 EDTVIA, VIABViacom sees $350M annual cost savings from strategic realignment
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16:08 EDTVIA, VIABViacom to recognize $785M pre-tax charge as part of strategic realignment
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