Wells Fargo Downgrades Viacom (VIAB) to Market Perform
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Barclays Upgrades Viacom (VIAB) to Overweight
August 7, 2015 7:19 AM EDTBarclays upgraded Viacom (NASDAQ: VIAB) from Underweight to Overweight with a price target of $56.00 (from $67.00).
For an analyst ratings summary and ratings history on Viacom click here. For more ratings news on Viacom click here.
Shares of Viacom closed at $44.10 yesterday.
... MoreDisney warning eclipses AMC Networks' sales rise
August 6, 2015 1:24 PM EDTBy Lehar Maan
(Reuters) - AMC Networks Inc's (NASDAQ: AMCX) shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's (NYSE: DIS) forecast that suggested that more customers were deserting paid TV than expected.
Walt Disney Co alarmed investors with a dour outlook for its cable business on Wednesday, overshadowing Time Warner Inc's (NYSE: TWX) strong quarterly results and... More
Despite 'Media Apocalypse' Analyst Remains Bullish on AMC Networks (AMCX)
August 6, 2015 11:09 AM EDTDespite the so-called media apocalypse that wrecked shares of Disney (NYSE: DIS), 21st Century Fox (NASDAQ: FOXA), Viacom (NASDAQ: VIAB) and others, analyst Rich Tullo of Albert Fried & Company reiterated an Overweight rating on AMC Networks (NASDAQ: AMCX) with a price target of... More
Viacom revenue miss adds to concerns over U.S. cable companies
August 6, 2015 10:59 AM EDTBy Anya George Tharakan
(Reuters) - Viacom Inc (NYSE: VIAB) reported weaker-than-expected quarterly revenue, hurt by lower advertising revenue from its U.S. cable TV business as viewers increasingly shift to online streaming services.
The results add to investor concerns over the U.S. cable industry after disappointing numbers from Walt Disney, Twenty-First Century Fox Inc, Discovery Communications Inc and Time Warner Inc this week.
Viacom's shares plunged as... More
Viacom (VIAB) Reports In-Line Q3 EPS
August 6, 2015 6:58 AM EDTViacom (NASDAQ: VIAB) reported Q3 EPS of $1.47, in-line with the analyst estimate of $1.47. Revenue for the quarter came in at $3.05 billion versus the consensus estimate of $3.25 billion.
For earnings history and earnings-related data on Viacom (VIAB) click here.
... More