| Date | Title | | | 07/31/13 | CBS Corporation Reports Second Quarter 2013 Results| Revenues of $3.7 Billion, Up 11%
OIBDA of $952 Million, Up 5%
Operating Income of $838 Million, Up 6%
Diluted EPS of $.76, Up 12%
NEW YORK, July 31, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported its highest ever quarterly profits for the second quarter ended June 30, 2013.
"CBS's remarkable momentum continues to build," said Sumner Redstone, Executive Chairman, CBS Corporation. "This is a Company built for long-term success, and I know Les and his team... |
|  | | 07/25/13 | CBS Corporation Increases Authorization Of Its Share Repurchase Program To $6 Billion| NEW YORK, July 25, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has expanded its share repurchase program to a total availability of $6 billion, an increase of $5.1 billion. Since the share repurchase program was initiated in January 2011, through the end of the second quarter of 2013, CBS has returned $3.75 billion of value to its shareholders.
In addition, the Board has approved a quarterly dividend on the Company's stock of $.12 pe... |
| | | 07/16/13 | Platinum Equity Makes Irrevocable Binding Offer of $225 Million for CBS Outdoor International| LOS ANGELES, CA and NEW YORK, NY -- (Marketwired) -- 07/16/13 -- Platinum Equity and CBS Corporation (NYSE: CBS.A) (NYSE: CBS) announced today that an affiliate of Platinum Equity has made an irrevocable binding offer to acquire the assets of CBS Outdoor International ("CBSO International"). The proposed transaction represents a total value of approximately $225 million and is subject to completion of works council consultation and other conditions.
CBSO International is a leading outdoor media... |
| | | 07/08/13 | CBS And Netflix Announce Extension Of Multiyear Licensing Agreement For Library Content In The U.S.| NEW YORK and BEVERLY HILLS, Calif., July 8, 2013 /PRNewswire/ -- CBS Corporation [NYSE: CBS.A and CBS] and Netflix, Inc. [Nasdaq: NFLX] today announced an extension of its multiyear licensing agreement for select CBS library content streamed instantly to Netflix customers. Under the revised deal, new titles such as "L.A. Complex," "4400," and "CSI: NY" will be available to Netflix subscribers. Terms of the deal were not disclosed.
"We are very pleased to build on this long-term partnership t... |
| | | 06/05/13 | Joseph Ianniello Named Chief Operating Officer Of CBS Corporation| NEW YORK, June 5, 2013 /PRNewswire/ -- Joseph Ianniello has been named Chief Operating Officer of CBS Corporation (NYSE: CBS.A and CBS), it was announced today by Leslie Moonves, the Company's President and Chief Executive Officer. In this new role, Ianniello will continue to oversee all financial operations and work closely with Moonves and senior management to maximize the monetization of the Company content, including oversight of negotiations for digital streaming, retransmission consent fe... |
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