Viacom Inc. (VIAB) stock prices updated...
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Viacom Inc. stock price, VIAB
Viacom Inc. stock chart:
Viacom Inc. close price: 34.61
Stock price forecast:
UP TO +17.54%
Total forecasts: 82
Reached: 62 (75.61%)
Total Win: 84.72 (194.50%)
Showing 1-10 of 563 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Viacom Inc. latest 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.
Paramount Pictures' $1 billion film financing partnership is in jeopardy: report
Viacom Inc.-owned Paramount Pictures could lose its $1 billion slate financing deal with China's Huahua Media and Shanghai Film Group, according to a report by industry publication The Wrap. Huahua has been a financial and marketing partner for past Paramount films, such as "Transformers: Age of Extinction." The Chinese company had agreed to be acquired by Oriental Time Media for about $158 million, but regulatory concerns reportedly caused OTM to withdraw its offer on March 9. Sources told The Wrap this would most likely prevent Huahua from funding Paramount's film slate. That is a major blow to the studio that is in dire straits after a disappointing 2016 at the box office, coming in behind all of the Hollywood major studios in revenue for the last five years. Paramount Chief Executive Brad Gray announced in February he would step down as Viacom's new CEO Bob Bakish laid out a plan to turn around the company that includes focusing on getting Paramount Pictures back on track. Shares of Viacom's publicly-owned class B shares were down more than 2% in afternoon trade on Friday, but have gained nearly 14% in the trailing 12-month period. The S&P 500 index is up almost 19% 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.
Picking Paramount's chief: Viacom and talent wars in the digital age
Viacom is searching for a new chief for Paramount with CEO Bob Bakish implying a decision may be soon.
Viacom's Paramount Pictures subsidiary's CEO to step down
Viacom Inc. said Wednesday that Brad Grey will step down as chairman and chief executive officer of the media company's Paramount Pictures subsidiary after 12 years at the company. Grey will remain with the company "for a period" while the search for a successor is conducted. "Brad has overseen the production and distribution of some of Paramount's most celebrated hits, and more recently championed the successful relaunch of the studio's television division," said Viacom Chief Executive Bob Bakish. "As we look ahead, I couldn't be more excited by our early plans to reenergize the slate, more deeply integrate the studio and networks, and make the most of our incredible assets." Viacom's stock, which slipped 0.6% in afternoon trade, has rallied 20.6% over the past 12 months, while the S&P 500 has gained 21.4%.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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