|Day Low/High||39.22 / 41.78|
|52 Wk Low/High||35.02 / 53.91|
Despite its combination with Viacom, CBS has been a weak contender in the media world, and now is stacked up against offerings from Disney, Netflix, Apple and others.
Things that make you go hmmm ahead of the Viacom merger.
The media giant's technical signals hint at an upside move in its stock.
Plus, a glance at news about Disney+, Boeing's 737 Max and Alphabet's "Project Nightingale."
DIS is one of the best in creating worlds. That separates it from other media companies.
There is probably no franchise or stock as admired as Disney . Day after day, commentators gush optimistically about this familiar name. I have continued to short more Disney this week -- as the shares of old media continue to make new lows (e.g. CB...
In the better late than never department: Barclays cuts their price target for CBS to $41 from $53. The brokerage stays Equal Weight. The analyst cites that the 25% sell off since the August 13 merger announcement is due to deal technicals. I think ...
I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...
In yesterday's "No CBS Catalyst," I mentioned the disaster known as : No CBS Catalyst I sold my CBS (CBS) position above $50/share - its now under $38. While there is a lot of value at current prices I don't see a catalyst. But I am looking for one!...
I sold my CBS position above $50/share - its now under $38. While there is a lot of value at current prices I don't see a catalyst. But I am looking for one!
Subscriber growth for this quarter will be more of a focus than it ever has been.
The U.S. economy may see a real lift-off in consumer prices due to higher energy prices, even if certain sectors stand to benefit greatly -- as might the trade deficit.
Slack could shift sentiment with a strong earnings report on Wednesday.
With its reported $9.99 price point and big cash to spend on new shows, AAPL could squeeze the likes of Netflix off the table.
CBS has been a nice winner over the last several years. I sold my position at $51-$52 earlier in the year (the stock was on my Best Ideas List for several years) and I would not bottom fish with the stock -$2.70. From my perch the combined entity (V...
A drop in shares doesn't necessarily mean it's time to turn the channel on Viacom, as details of expected merger with CBS will prove 'paramount.'
Armed with Showtime, lots of cartoons and other mainstream shows, the CBS/Viacom merger appears to fit in between Disney Plus' family-friendly shows and Netflix's darker offerings -- but expect some drama for investors.
Viacom shareholders may finally be rewarded this week for their patience.
Collateral damage from the trade war is clearly causing ripple effects across global markets.
Lower rates are terrible unless you spend money, buy goods, create businesses, refinance loans and basically exist in America.
The Chinese government has now demonstrated an ability to control the S&P 500, even at the risk of Chinese domestic capital flight.
Remember, Disney still has headline titles Frozen 2 and Star Wars: Episode IX coming.
'Hakuna Matata' means no worries for the rest of your days. A problem free philosophy. -- Hakuna Matata, The Lion King I don't know about you, but I kind of like the drive that a little anxiety puts in my gears. No joke. You can check with colleague...