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October 2008 - Posts
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Earnings Preview: ViacomSeeking Alpha, NY - 12 minutes agoChairman Sumner Redstone recently said that he is not selling more Viacom stock, hitting out against rumors he would sell a piece of the company as the ... |
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CBS reports loss on write-downSmartBrief, DC - 8 hours agoChairman Sumner Redstone said again that he does not intend to sell more of his stock to help resolve debt owned by National Amusements. ... |
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Bravo, Cuts at Condé, and More BravoCityfile, NY - 37 minutes ago[E&P] ♦ What will sumner Redstone be worrying about this weekend? That CBS just reported a $12.5-billion third-quarter loss, most likely. ... |
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To Survive, CBS Needs Biz MakeoverMediapost.com, NY - 3 hours agoAlthough Chairman and controlling shareholder Sumner Redstone seems determined to sustain CBS's high 11.5% dividend (the highest among media peers) and ... |
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'OPTIMISTIC' REDSTONE HELPS TO BOOST CBS STOCKNew York Post, NY - 3 hours agoBy PETER LAURIA Sumner Redstone yesterday reiterated the recent sale of CBS stock by his holding company was an "extraordinary circumstance" that wouldn't ... |
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Redstone assures investors he supports CBS, ViacomThe Daily Deal (subscription), NY - 35 minutes agoMedia mogul Sumner Redstone tried Thursday to assuage concerns about the "extraordinary circumstances" and "clearly atypical" actions taken by his privately ... |
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Investors Stay Tuned To CBSForbes, NY - 44 minutes ago... had enough cash to preserve its dividend and Executive Chairman Sumner Redstone addressed concerns regarding his recent sale of CBS and Viacom shares. ... |
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Moonves: US economy close to recessionHollywood Reporter, United States - 1 hour agoCEO Leslie Moonves and chairman and controlling shareholder Sumner Redstone tried to send Thursday during a conference call after a third-quarter financial ... |
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CBS posts huge loss on asset writedownAFP - 5 hours ago"In the current economy, every company must keep a firm eye on costs and manage each business with distinction," added Sumner Redstone, the executive ... |
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No country for old menFinancial Express, India - 5 hours agoMeanwhile, another aged billionaire, the octogenarian and media tycoon, Sumner Redstone, may be in even worse shape than Mr Kerkorian. ... |
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CBS Corp. Posts $12.5 Billion LossWorld Screen News, NY - 1 hour ago"In the current economy, every company must keep a firm eye on costs and manage each business with distinction," said Sumner Redstone, the executive ... |
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CBS Stock Pops, Redstone ReboundsContentinople, NY - 1 hour agoExecutive Chairman Sumner Redstone also piped up on the recent share debacle, in which CBS stock plummeted when he was forced to sell a large position via ... |
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CBS' Massive Third Quarter Write DownCNBC, Englewood Cliffs - 1 hour ago() ]shares rose through the day, CBS closing up, investors apparently relieved that CEO Sumner Redstone reiterated that it will continue to pay its dividend ... |
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CBS swings to $12.46B 3Q loss after hefty chargeThe Associated Press - 2 hours agoSumner Redstone, CBS's executive chairman and controlling shareholder, tried to allay another point of concern for shareholders by repeating a pledge not to ... |
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CBS put a loss on the Q3 scheduleBloggingStocks - 2 hours agoExecutive chairman Sumner Redstone is very confident in the company. I'm not sure how big an endorsement that is, but it's something, at least, right? |
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CBS Struggles in DownturnAdAge.com (subscription) - 15 minutes agoIn the wake of a surprise sale of $233 million in nonvoting CBS and Viacom shares, Chairman Sumner Redstone said he has no intention of selling either ... |
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CBS Corp. Sees Q3 Loss of $12.5 BillionTelevision Week, MI - 55 minutes agoAt the outset of the CBS earnings call with analysts Thursday, Chairman Sumner Redstone said Mr. Moonves is managing CBS “prudently. ... |
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Redstone: CBS, Viacom shares safeVariety, CA - 57 minutes agoBy JILL GOLDSMITH Sumner Redstone on Thursday assured investors that not "a single share" more of CBS or Viacom would be sold to pay down debt of his ... |
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Parsing Sumner Redstone’s ReassurancesNew York Times Blogs, NY - 1 hour agoSumner Redstone’s comments got a very close reading this morning by CBS and Viacom investors. Shareholders and analysts were eager for an update on the ... |
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CBS Radio Sees 12% Drop In Q3 RevenueFMQB, NJ - 2 hours ago"In the current economy, every company must keep a firm eye on costs and manage each business with distinction," said Sumner Redstone, Executive Chairman, ... |
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BLOCKBUSTER INC Files SEC form 8-K, Current report filing
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Writedown pushes CBS to $12.5bn lossFinancial Times, UK - 1 hour agoThe broadcaster, which split from its cable networks and films division in 2006, has been dogged by rumors that media mogul Sumner Redstone needs to sell it ... |
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CNET’s Debut at CBS: Pretty GoodAll Things D Blogs, CA - 1 hour agoCBS has had plenty of bad news lately — a tanking ad market, a huge writedown, Sumner Redstone’s worrisome debt problems — but it got to offer at least one ... |
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Big Media Coming Apart At The SeamsMediapost.com, NY - 1 hour agoHow will Viacom and CBS eventually be impacted by the credit crisis-provoked loan covenant woes of controlling chairman Sumner Redstone and his private ... |
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CBS Corp (CBS) Tops Q3 EPS by 3cStreetInsider.com (subscription), MI - 2 hours agoChairman Sumner Redstone said, "In the current economy, every company must keep a firm eye on costs and manage each business with distinction. ... |
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CBS Corporation Reports Third Quarter 2008 ResultsEarthtimes (press release), UK - 2 hours ago"In the current economy, every company must keep a firm eye on costs and manage each business with distinction," said Sumner Redstone, Executive Chairman, ... |
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Relishing the Benefits of the Exotic Acai BerryPR Web (press release), WA - 2 hours ago... the acai berry has received prominent reviews and has also entered the must-have list of prominent celebrities such as Oprah, Sumner Redstone-owner of ... |
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10-30-08 EUR ALL ON ONE PAGEEurweb.com, CA - 2 hours ago... I was first asked to receive this honor, I thought, Oh my God, isn’t that the last thing Tom Freston heard before Sumner Redstone asked him to lunch? ... |
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Too old for tech? Not these Silicon Valley CEOsComputerworld, MA - 1 hour agoTell that to Sumner Redstone, the 85-year-old active chairman of National Amusements, which owns CBS, Viacom, MTV, BET, Paramount Pictures and Dreamworks; ... |
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Late Breaks: Rupert's SchadenfreudeConde Nast Portfolio, NY - 3 hours ago-Rupert Murdoch is loving all the problems (financial, marital) Sumner Redstone is having right now. [Daily Beast] -Spending too long covering the election ... |
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Wisdom of the agesCNNMoney.com - 1 hour agoViacom (VIA) chairman Sumner Redstone, 85, seems to be desperately scrambling to repay big loans. And Kirk Kerkorian, 91, has lost billions on General .. |
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