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Viacom Inc. stock price, VIAB
Viacom Inc. stock chart:
Viacom Inc. close price: 34.61
Stock price forecast:
UP TO +8.70%
Total forecasts: 84
Reached: 31 (36.90%)
Total Win: 17.05 (38.76%)
Showing 1-10 of 597 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Viacom Inc. latest news:
CORRECTED-BRIEF-Viacom announces 2 new additions to its Distribution and Business Development group
* Announced four internal appointments and two new additions
to its Distribution and Business Development Group
Movie theater stocks suffer after a disappointing Memorial Day weekend at the box office
Shares of movie exhibitors and theater chain operators were down Tuesday after the box office suffered its lowest 4-day Memorial Day weekend draw in 18 years. AMC Entertainment Corp. led the decline, falling nearly 5%, while IMAX Corp. fell 4%, Cinemark Holdings Inc. fell more than 2% and Marcus Corp. fell 2%. Regal Entertainment Group's was less severe, falling less than 1%. The box office brought in an estimated $179.0 million over the 4-day weekend, which is the lowest gross for the typically busy weekend since 1999, said ComScore analyst Paul Dergarabedian. Foot traffic at the multiplex, which has been relatively stagnant for years, disappointed over the weekend. Dergarabedian said the slate of movies so far this summer, aside from Walt Disney Co.'s "Guardians of the Galaxy Vol. 2," have been poor. Disney's "Pirates of the Caribbean: Dead Men Tell No Tales" topped the holiday box office but received little help from critics, pulling in $77.0 million, according to ComScore estimates. The box office's other new comer, "Baywatch," distributed by Viacom Inc.'s Paramount Pictures pulled in just $23.0 million. So far in the summer season, the box office is down 5.6% compared with the same time frame last year. "The pressure is on right now," Dergarabedian said, as the industry looks to June releases "Wonder Woman" from Time Warner Inc.'s Warner Bros., Disney's "Cars 3" and "Despicable Me 3" from Comcast Corp.-owned Universal Pictures. The S&P 500 index was flat during Tuesday trade.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Viacom enters new advertising and content distribution deal with Altice USA
Viacom Inc. and broadband and cable provider Alice USA said on Thursday they've entered a new multi-year advertising and content distribution partnership. The deal will see Altice's audience data -- increasingly important for network advertisers -- multi-screen advertising platforms and measurement and analytics capabilities paired with Viacom's advertising offerings to deliver local and national advertising across TV, mobile and desktop. "These agreements demonstrate our commitment to collaborating on next-generation solutions that provide a better experience for viewers and exciting new business opportunities for our partners," said Viacom's Content Distribution head Tom Gorke in a statement. The content distribution side of the partnership will renew the carriage of Viacom's premier networks on Altice's Optimum system, return distribution rights for Viacom networks at Suddenlink and expand rights for the multi-platform distribution such as virtual reality and 4K. Shares of Viacom's commonly owned class B shares are up less than 1% in the year to date, while Altice shares are up nearly 18% and the S&P 500 index is up 8% during the same time frame. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
CBS' CEO Moonves says Viacom undervalued
NEW YORK (Reuters) - CBS Corp Chief Executive Leslie Moonves said in response to a shareholder question on Friday that he believed shares of Viacom Inc , which the network considered merging with last year, were undervalued.
CBS CEO Moonves says Viacom is undervalued
May 19 (Reuters) - CBS Chief Executive Officer Leslie
Moonves told shareholders on Friday he believes shares of Viacom
, which the network considered merging with last year,
BRIEF-Viacom sets quarterly cash dividend of $0.20 per share
* Sets quarterly cash dividend of $0.20per share
Source text for Eikon:
Further company coverage:
BRIEF-Viacom CEO says Charter move is not contractually allowed
Ceo says does not believe Charter Communications' (CHTR) move to re-tier its networks is 'something that is contractually allowed' * Viacom CEO says will try to resolve issue, but if not, 'will have to take other action' Source text for Eikon: Further company coverage:
Viacom beats forecasts but investors fret 'reteiring'
Viacom Inc. (VIAB) on Thursday reported fiscal second-quarter net income of $121 million.
Viacom beats estimates but faces distribution, ad headwinds
(Reuters) - Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, reported second-quarter profits that beat Wall Street's estimates on Thursday, but advertising and distribution headwinds weighed on its stock in early trading.
Viacom earnings, revenue top Street estimates on Paramount success
Viacom reported second-quarter earnings and sales Thursday that topped analysts' expectations, as the company continues to grow its Paramount business.
Viacom shares fall more than 7%, leading broader media selloff
Viacom Inc. shares were down more than 7% in afternoon trade on Wednesday, leading the broader media sector in an afternoon sell off. Following Viacom, shares of AMC Networks Inc. were down nearly 6% and 20th Century Fox Inc. shares fell more than 5%. Shares of Walt Disney Co. and Comcast Corp. were down more than 2%. There was no clear reason for the sell off, but Evercore ISI analyst Vijay Jayant attributed it to rearing cord-cutting fears, as the industry shifts focus to streaming. Earlier on Wednesday Hulu, which is jointly owned by Disney, Fox, Comcast and Time Warner, launched the beta version of its live TV service and Akamai Media reported poor revenue outlook due to continued weakness in its media business. Viacom will report second-quarter earnings on Thursday and is expected to post lower year-over-year profit at 59 cents per share with slightly improved revenue of $3.03 billion, according to FactSet. Shares of Viacom have gained more than 12% in the year to date, while declining nearly 5% in the last 12 months. By comparison, the S&P 500 index has gained nearly 7% in the year and 16% during the prior 12-month period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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