Viacom (VIAB) Sliced as Citi Takes Out the Ax

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Stifel Assumes CBS (CBS) at Buy

January 15, 2015 4:20 PM EST

Stifel assumes coverage on CBS (NYSE: CBS) with a Buy rating and a price target of $65.00.

New analyst Benjamin Mogil commented, "We are transferring coverage of CBS from our colleague Drew Crum to Ben Mogil and establishing a Buy rating and... More

Stifel Assumes Viacom (VIAB) at Buy

January 15, 2015 4:18 PM EST

Stifel assumes coverage on Viacom (NASDAQ: VIAB) with a Buy rating and a price target of $89.00.

New analyst Benjamin Mogil commented, "We are transferring coverage of Viacom, Inc. (VIAB) from Stifel analyst Drew Crum and establishing a Buy rating and $89 target... More

Viacom (VIAB) Extends CEO Dauman's Contract by Two Years Through 2018

January 15, 2015 3:11 PM EST

Viacom (NASDAQ: VIAB) announced that it has extended the employment agreement of President and Chief Executive Officer Philippe Dauman through December 31, 2018. The extension adds two years to Daumans previous contract, which ran through December 31, 2016.

Sumner M. Redstone, Executive Chairman and Founder of Viacom, said, Philippe has been my long-term partner in building Viacom into the global entertainment powerhouse that... More