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Stock Market & Financial Investment News

News Breaks
October 23, 2012
07:19 EDTVIAViacom worst days are behind it, says RBC Capital
RBC Capital doesn't expect Viacom to report significantly lower than expected results in coming years and the firm thinks the stock's valuation is attractive. It raised its target on the stock to $62 from $54 and maintains an Outperform rating.
News For VIA From The Last 14 Days
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May 27, 2015
07:34 EDTVIAMediacom Communications, Viacom renew carriage agreement
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May 20, 2015
13:34 EDTVIAViacom 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 EDTVIAViacom 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 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

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