But Redstone isn’t a short-term investor. The Class B shares have eased from $59.375 to $55.375. What channel to watch? Is anyone even trading anything? Collateral damage from the trade war is clearly causing ripple effects across global markets. Revenue and EBITDA came in ahead, and we reiterate our narrow moat rating and are raising our fair value estimate. It was one of two companies which succeeded the first Viacom, alongside second incarnation of CBS Corporation; both were owned by National Amusements, a theater company controlled by businessman Sumner Redstone. Viacom has also built several online properties on the strength of these brands. The consumer price index will be closely watched, and earnings will continue to trickle in. CBS shares fell 1.8%, to $48.03. The company also owns Showtime and Simon & Schuster. Viacom owns several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. As a result of the merger, CBS common stock will be delisted from the NYSE and Viacom common stock will be delisted from NASDAQ. Quotes delayed at least 20 minutes for all exchanges. Apple shares could use another jolt. MARKETS. We are maintaining our narrow moat rating for ViacomCBS and our $57 fair value estimate. Viacom Class A common stock and Viacom Class B common stock are traded on NASDAQ under the symbols “VIA” and “VIAB,” respectively. Market Data & Company fundamental data provided by FactSet. The Week Ahead: Walmart Aims to Exceed Expectations Again This Quarter. Viacom's Class A and Class B shares have diverged dramatically over the past month. Find the latest historical data for ViacomCBS Inc. Class B Common Stock (VIAC) at Nasdaq.com. If you can survive this hell week you can pretty much survive anything. Let's look at the charts of VIAB this afternoon. ViacomCBS is one of the world’s leading producers of premium entertainment content that connects billions of people in nearly every country in the world. Viacom Class A shares have slumped from $66 on Friday to $61.50 on Tuesday. © Copyright 2021 Morningstar, Inc. All rights reserved. Mutual fund data provided by Valueline. In approximately 11 months, Viacom Inc-B has returned 3.35% as of today's recent price of $24.22. 225 Liberty Street, 27th Floor, New York, NY 10281. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Here are our analysts' top ideas in each sector for the new year. Join me for the very popular LEAPS webinar Thursda... SPX (Long-Term View) The 2/16 HIGH @ 3950.43 wit... Viacom's Charts Can't Divine Impact on Price Action of CBS Merger, ViacomCBS (VIAC) Q4 Earnings Lag Estimates, Revenues Down Y/Y, ETFs in Focus on Netflix's Solid Q4 But Weak Outlook, Merger Arbitrage Mondays - Charles Schwab's Acquisition Of Ameritrade Trades At A Small Spread, Tracking John Paulson's Paulson & Company Portfolio - Q3 2019 Update, S&P makes index moves for Viacom/CBS deal; WRB -1.7%, JOE +2.7%, DOJ files motion to roll back movie distribution rules, DOJ moves to scrap decades-old movie distribution rules, Viacom extends cable rights to 'The Office', Tracking Seth Klarman's Baupost Group Holdings - Q3 2019 Update, Viacom (VIAB) Q4 Earnings Top Estimates, Revenues Flat Y/Y, Viacom Inc. 2019 Q4 - Results - Earnings Call Presentation, LEAPS Webinar Thursday Starts at 4:30 p.m. © 1996-2021 TheStreet, Inc., Get ViacomCBS Cl B (VIAC:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. Plus, the Fed likely to stand pat on rates. A blockbuster buyout would certainly do the trick. The chairman and CEO has departed without severance amid an investigation into allegations of sexual assault and misconduct. View detailed financial information, real-time news, videos, quotes and analysis on Viacom Inc. Class B (NASDAQ:VIAB). 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. The Week Ahead: Apple Earnings, Jobs Report. Cash-rich businesses with sustainable and growing yields don't often go on sale, but we found 10 bargain stocks in the Morningstar US Dividend Growth Index. Nov 11, 2019 8:33 AM EST. Shares are currently trading at just under $25 per share, which is low considering that just three years ago those shares were valued at almost $90. 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. ViacomCBS is the recombination of CBS and Viacom that has created a media conglomerate operating around the world. Day after day, commentators gush optimistically about this familiar name. We think a reunion of Viacom and CBS is unlikely to occur any time soon after the latest spat. ET, 23.42 / Its programming reaches audiences across cultures and languages. View the latest ETF prices and news for better ETF investing. I have continued to short more Disney this week -- as the shares of old media continue to make new lows (e.g. By M. Corey Goldman. Stock analysis for Viacom Inc (VIAB) including stock price, stock chart, company news, key statistics, fundamentals and company profile. How to trade it? We never thought, 24 hours ago, that it could possibly be this good. May 27, 2015 9:28 AM EDT NEW YORK (Real Money) -- Viacom Class B shares (VIAB) - Get Report are attractive on a longer-term basis as this is a strong franchise at a great price. VIAB | A complete Viacom Inc. Cl B CEDEAR exchange traded fund overview by MarketWatch. Subscriber growth for this quarter will be more of a focus than it ever has been. ehicle under Class B and Class C. 150 miles of the person’ Single vehicle with a GVWR of 10,000 pounds or less, including a tow railer coach or fifth-wheel travel … Since then CBS stock has retreated to $47.25. Terms of Service apply. Viacom Inc. engages audiences on television motion picture Internet mobile and video game platform through many entertainment brands. ETF data provided by Lipper. CBS' television assets include the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and Time Warner. This site is protected by reCAPTCHA and the Google There is probably no franchise or stock as admired as Disney . The Week Ahead: Inflation Data on Tap, Coke and Pepsi Report. However, if no rating change occurs, the data on this page does not update. TheStreet Ratings updates stock ratings daily. Headline blur. com. The data does update after 90 days if no rating change occurs within that time period. [ VIA.b ] [ VIA ]The reunion of CBS and Viacom after more than 20 years has created an advertising juggernaut that blends dominant franchises from cable to radio, network television to outdoor advertising, and syndication to new media assets, including Marketwatch and IWON. As previously announced, as a result of the merger, each Viacom Class A share and Viacom Class B share converted into 0.59625 of a Class A share and Class B … CBS Withholds Moonves Severance, Shares Attractive. The narrow-moat firm's investment in the studio business is paying dividends. The split for VIAB took place on April 01, 1999. 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.'. In trading Tuesday, Viacom Class B shares rose 12.5 cents to close at $29.75 on the American Stock Exchange, and PepsiCo shares added 37.5 cents to close at $38.125 on the New York Stock Exchange. While Viacom’s spread between its two share classes is much more pronounced than Google’s the same dynamic is at play. No Change to Our CBS View as Moonves Is Pushed Out. Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . We also take a look at the charts of Costco Wholesale and Viacom to check out potential plays in both stocks. The earnings drive continues with Coca-Cola, BP, GE, and major oil firms. (Class A is voting stock, and Class B is non-voting stock.) What would the people who help determine AAPL's stock price really want? When the Viacom–CBS merger closed in December, the combined company’s stock was trading at around $40 per share. While the linear networks and studio were once again negatively impacted by the pandemic, the streaming services continue to benefit from the users staying at home. We're expecting results from McDonald's, Snap, CBS, and Kraft Heinz. The spin-off was structured so that CBS Corporation would be the lega… We're maintaining our moat ratings and fair value estimates on both CBS and Viacom. Industry gearing up for upcoming streaming wars. Except as otherwise indicated, quotes are delayed. 24.91, 20.93 / Terms and Conditions Privacy Center Disclosures Member User Agreement Corrections Cookies, 10 Undervalued Companies With High Shareholder Yield, Investors can widen their opportunity set by redefining 'yield.'. Class A shares have voting rights in theory, but 90% of the voting power is … ViacomCBS is one of the world’s leading producers of premium entertainment content that connects billions of people in nearly every country in the world. Moonves is likely to sue the board over the investigation as the findings not only stop him from collecting his severance but make him almost unhirable. 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). CBS reportedly bids under market value for Viacom, and the deal may hinge on management team compensation. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month. Alibaba, Veterans Day, Aramco, Goldman and Apple - 5 … This was a 2 for 1 split, meaning for each share of … CBS has been a nice winner over the last several years. This Viacom stock symbol indicates the most commonly traded stock you can buy: the Class B, non-voting shares. ViacomCBS Inc. is an American diversified multinational mass media conglomerate and formed through the merger of the second incarnation of CBS Corporation and the second incarnation of Viacom on December 4, 2019, which were split from the first incarnation of Viacom in 2006. The selloff in Alphabet presents opportunity, and I think this cash machine is ripe for a small long position. The two classes of Viacom stock, the Viacom, Inc. (NASDAQ: VIA) voting rights shares and the Viacom, Inc. (NASDAQ: VIAB) non-voting shares, once … 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. VIAB : 24.22 (+3.20%) T-Mobile offers up yet another TV streaming service Associated Press - Tue Oct 27, … ViacomCBS is listed on NASDAQ and trades under the symbols “VIACA” for Class A common stock and “VIAC” for Class B common stock. Viacom (VIA.B) stock price, charts, trades & the US's most popular discussion forums. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. The media giant's technical signals hint at an upside move in its stock. The narrow-moat company is enjoying success with both its traditional and new distribution channels. Powered and implemented by FactSet Digital Solutions Group. Viacom has products in cable television, radio, internet and publishing. ViacomCBS Inc. Class B Common Stock (VIAC) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. FactSet calculates the Market Cap for the basic symbol to include common shares only. Find the latest ViacomCBS Inc. (VIAC) stock quote, history, news and other vital information to help you with your stock trading and investing. ViacomCBS reported a strong third quarter as revenue and EBITDA beat FactSet consensus expectations. DIS is one of the best in creating worlds.