Viacom, Inc. (NASDAQ:VIAB) plans to launch a children’s TV channel in the U.S. that can be programmed according to parents’ tastes and provide access to hundreds of old episodes of shows like “Dora the Explorer,” in a novel TV-delivery approach that combines elements of streaming services Pandora and Netflix Inc. Viacom, Inc. (NASDAQ:VIAB) stock opened at $84.56 in last session, and closed at $84.96, while the day range of stock is $84.05 – $85.05. The stock showed a negative weekly performance of -1.97%.
Time Warner Cable Inc. (NYSE:TWX) management wants Charter Communications Inc. to tack on almost $8 billion to its takeover bid. Shareholders may accept a smaller bump. Time Warner Inc (NYSE:TWX) stock opened at $65.25, in last session and closed at $65.14, by losing -0.29%. The 52 week range of the stock is $48.84 – $70.77. Company’s market capitalization is $58.93 billion.
Walt Disney (NYSE:DIS) EVP Kevin A. Mayer sold 27,898 shares of the stock in a transaction that occurred on Wednesday, January 15th. The Walt Disney Company (NYSE:DIS) stock decreased -0.23% and finished the last session at $74.28. The EPS of the stock remained 3.38. Company’s market capitalization is $130.53 billion.
Equities researchers at Nomura started coverage on shares of CBS Corporation (NYSE:CBS) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $75.00 price target on the stock. Nomura’s price target suggests a potential upside of 23.66% from the company’s current price. CBS Corporation (NYSE:CBS) stock opened the session at $60.83, and closed the session at $61.00. The 52 week range of the stock remained $37.63 – $64.06 and the day range was $60.47 – $61.37.