CBS Corp. (CBS) Reports Q1 EPS of $1.02
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CBS (CBS) PT Raised to $65 at Piper Jaffray Following Record Results
May 4, 2016 8:42 AM EDTPiper Jaffray analyst Stan Meyers reiterated an Overweight rating and boosted his price target on CBS (NYSE: CBS) to $65.00 (from $60.00) following record results.
Meyers commented, "CBS reported record results beating our expectations in the quarter driven by both the broadcast of Super Bowl 50 and... More
Wedbush Remains Bullish on CBS Corp. (CBS) Following EPS Beat - PT to $65
May 4, 2016 8:09 AM EDTWedbush reiterated an Outperform rating on CBS Corp. (NYSE: CBS), and raised the price target to $65.00 (from $63.00), following the company's 1Q earnings report. CBS reported EPS of $1.02 beat the Street's $0.94, on Entertainment strength. Management also gave an update that it was in the process... More
CBS Corp (CBS) Hits Make More Money - Needham & Company
May 4, 2016 8:06 AM EDTNeedham & Company analyst, Laura Martin, maintained her Buy rating and $65 PT after CBS's (NYSE: CBS) earnings announcement. Even though the PT did not increase, internal metrics for the company strengthened as outlined below:
CBS reported strong 1Q16 results with revenue of... More
BMO Capital Raises Price Target on CBS Corp. (CBS) Following a Strong 1Q
May 4, 2016 7:28 AM EDTBMO Capital reiterated an Outperform rating on CBS Corp. (NYSE: CBS), and raised the price target to $63.00 (from $60.00), following the company's 1Q earnings report. CBS reported EPS of $1.02, ahead of the consensus estimate of $0.94. Total revenue of $3.85B was in line with the consensus of... More
Ex-girlfriend can get video deposition of Sumner Redstone in upcoming trial: judge
May 2, 2016 4:59 PM EDTBy Lisa Richwine
LOS ANGELES (Reuters) - Media mogul Sumner Redstone can be deposed at his home in a short videotaped session ahead of a trial to resolve his ex-girlfriend's lawsuit over his mental competence, a California judge ruled on Monday.
The recording of Redstone, the controlling shareholder of media companies Viacom Inc (NASDAQ: VIAB) and CBS Corp (NYSE: CBS), will not be seen by the public, Los Angeles Superior Court Judge David Cowan said. A transcript will be released promptly after it is played behind closed doors, the... More
