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Stock Market & Financial Investment News

News Breaks
June 25, 2014
16:11 EDTVIABViacom initiated with a Buy at Jefferies
Target $100.
News For VIAB From The Last 14 Days
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August 17, 2014
15:42 EDTVIABParamount's 'Ninja Turtlesí holds on to box office lead, Bloomberg says
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August 10, 2014
17:04 EDTVIABParamount's 'Teenage Mutant Ninja Turtles' tops weekend box office, WSJ says
Paramount Pictures' (VIA,VIAB) "Teenage Mutant Ninja Turtles" edged out Disney's (DIS) "Guardians of the Galaxy," opening to an estimated $65M in the U.S. and Canada, says the Wall Street Journal. Reference Link
August 7, 2014
12:28 EDTVIABViacom ad, affiliate growth outlook still positive, says Wells Fargo
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August 6, 2014
09:29 EDTVIABViacom sees 'improving economy' in back half of 2014
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08:57 EDTVIABViacom sees FY14 media networks programming expense in mid to high single digits
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08:55 EDTVIABViacom on pace to purchase $850M of stock in Q4
This amounts to returning $4B to shareholders in FY14.
08:50 EDTVIABViacom 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.
06:59 EDTVIABViacom reports Q2 Media Networks revenue $2.59B
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06:58 EDTVIABViacom reports Q3 adjusted EPS $1.42, consensus $1.44
Reports Q3 revenue $3.42B, consensus $3.56B

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