BMO Capital Raises Price Target on CBS Corp. (CBS) Following a Strong 1Q

CBS (CBS) PT Raised to $65 at Piper Jaffray Following Record Results

May 4, 2016 8:42 AM EDT

Piper 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 EDT

Wedbush 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 EDT

Needham & 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

CBS Corp. (CBS) Reports Q1 EPS of $1.02

May 3, 2016 4:06 PM EDT

CBS Corp. (NYSE: CBS) reported Q1 EPS of $1.02, versus $0.78 reported last year. Revenue for the quarter came in at $3.85 billion, versus $3.5 billion reported last year.

For earnings history and earnings-related data on CBS Corp. (CBS) click here.

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Ex-girlfriend can get video deposition of Sumner Redstone in upcoming trial: judge

May 2, 2016 4:59 PM EDT

By 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

Trading Radar for 5/3: CBS (CBS), GrubHub (GRUB), Etsy (ETSY), USANA (USNA), WellCare (WCG) Report

May 2, 2016 2:24 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

ALLETE, Inc. (NYSE: ALE) - consensus EPS $0.94
Allot Communications (Nasdaq: ALLT) - consensus EPS $0.00
AmTrust Financial (Nasdaq: AFSI) - consensus EPS $0.73
America First Multifamily Investors (Nasdaq: ATAX) - consensus EPS $0.08
Armada Hoffler Properties (NYSE: AHH) - consensus EPS $0.22
Arrow Electronics (NYSE:... More