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Stock Market & Financial Investment News

News Breaks
January 23, 2013
10:33 EDTVIAViacom's Paramount makes deal with Chinese Internet broadcaster, Xinhua reports
Viacom's (VIA) Paramount Pictures has signed a deal to give the rights to its top movies to China's BestTV, which will broadcast the movies on the Internet in China, according to Xinhua. Reference Link
News For VIA From The Last 14 Days
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April 13, 2015
11:56 EDTVIAMedia 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 EDTVIAViacom to temporarily pause share repurchases
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16:10 EDTVIAViacom sees $350M annual cost savings from strategic realignment
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16:08 EDTVIAViacom to recognize $785M pre-tax charge as part of strategic realignment
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