Viacom, Inc. Add to portfolio

"Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viacom and related companies with MarketBeat.com's FREE daily email newsletter.", 'On average, analysts expect that Viacom will report full year sales of $3.03 billion for the current fiscal year, with estimates ranging from $12.41 billion to $13.08 billion. For the next year, analysts forecast that the business will report sales of $13.19 billion per share, with estimates ranging from $12.78 billion to $13.59 billion.', 'Zacks Investment Research raised shares of Viacom from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a report on Tuesday, February 13th.', 'New York State Common Retirement Fund now owns 1,077,100 shares of the company’s stock valued at $29,986,000 after purchasing an additional 121,900 shares in the last quarter.'

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"Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viacom and related companies with MarketBeat.com's FREE daily email newsletter.", 'Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 1,836,976 shares of the company’s stock valued at $56,597,000 after purchasing an additional 460,903 shares during the period.', 'Shares of Viacom stock opened at $31.44 on Wednesday.', 'The company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.09.'

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National Pension Service Cut Its Viacom INC New (VIAB) Stake by $10.71 Million as Share Value Declined. National Pension Service decreased its stake in Viacom Inc New (VIAB) by 97.8% based on its latest 2017Q4 regulatory filing with the SEC. Among 20 analysts covering Viacom Inc. – Class B Common Stock (NASDAQ:VIAB), 5 have Buy rating, 0 Sell and 15 Hold. KeyBanc Capital Markets maintained the shares of VIAB in report on Monday, November 20 with “Hold” rating.

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Zacks Investment Research downgraded shares of Viacom from a “hold” rating to a “sell” rating in a research report on Saturday, January 20th. Barrington Research downgraded shares of Viacom from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 2nd. During the same quarter last year, the company posted $1.04 earnings per share. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.09. Viacom had a return on equity of 26.28% and a net margin of 15.49%.

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(ET) on April 25 in the Events/Webcasts section of Viacom's website, and at 800-585-8367 or 404-537-3406. The earnings release and any other information related to the call will be accessible from the home page of Viacom's website. A live audio webcast of the call will be on the Investor Relations home page of Viacom's website, beginning at 10:00 a. com and Twitter feed at www. For more information about Viacom and its businesses, visit www.

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Lots of companies separate “old” and “new” media businesses -- especially those with newspaper/magazine assets and TV businesses. When the two companies separated in late 2005, many expect the “new” media company Viacom would have the upper hand. Viacom is still a big owner of many cable networks -- 25. A year ago, it said it would focus on six key network brands. Some would say Discovery Communications merging with Scripps Networks Interactive was more of wedding that needed to happen -- bigger scale with more cable networks.

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Moonves is chafing at Redstone's insistence on installing Viacom's CEO as his second-in-command and likely successor of a merged company, the people say. Redstone wants Moonves to run the combined company, according to the people familiar with the situation, all of whom wished to remain anonymous because discussions are confidential. "They are both stars," Redstone said of CBS and Viacom at the Recode conference last year. Redstone believes Bakish should succeed Moonves because he has executed on his turnaround plan and has a vision for the combined company that he is excited about, the people familiar with the situation said.

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" Paulson said he began buying shares of Viacom before the company began re-exploring a merger with CBS Corp, which he does not own. (Reuters) - Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business amid a challenging landscape, Paulson told Reuters in an interview. A merger of CBS, which owns its broadcast network and premier channel Showtime, with Viacom, the owner of Paramount Pictures and such networks as Comedy Central and MTV, makes sense because it would give the company scale at a time when many media companies are merging, Paulson said. Paulson said he has been impressed not only with the fact that, under Bakish, Viacom has renewed carriage deals with traditional cable companies like Charter Communications Inc, but that Bakish is focused on gaining subscribers through deals with online streaming services and mobile deals.

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Published 9:47 am, Wednesday, April 11, 2018. Shari Redstone is likely to fire Leslie Moonves as the head of CBS if a merger between CBS and Viacom falls through, CNBC reports. Shari Redstone is reportedly 'likely' to fire Les Moonves as CEO of CBS if the Viacom merger falls through. Shari Redstone, whose company National Amusements controls CBS and Viacom, is likely to fire Leslie Moonves as the head of CBS if a merger between CBS and Viacom falls through, CNBC reported on Wednesday, citing sources familiar with the situation. " CBS and Viacom were previously part of the same company from 2000 to 2006, under the ownership of National Amusements, before Viacom spun-off as a separate company in 2006. Shari Redstone has reportedly been pushing for the merger and is "widely seen as intent on taking a hand in the running of the combined companies," according to THR.

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