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Fly News Breaks for March 16, 2016
CBS
Mar 16, 2016 | 07:25 EDT
Stifel believes that changes announced by CBS at its Investor Day yesterday will improve its business model. The firm thinks that the company's decision to own more of its content will boost its margins, and it believes that the company's decision to spin off its radio unit will probably boost its capital by $1B. Stifel keeps a Buy rating on the shares.
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