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VIA

Viacom

$36.70

-0.1 (-0.27%)

, VIAB

Viacom

$27.11

-0.08 (-0.29%)

11:28
09/13/17
09/13
11:28
09/13/17
11:28

Viacom cuts 20 employees amid Paramount Network merge, Variety says

Viacom is consolidating its central operations under Kevin Kay and Keith Cox amid its plans to launch Paramount Network and expects to cut 20 employees from Spike, TV Land and CMT as part of the effort, Variety reports, citing a staff memo. Tom Zappala, Spike's EVP of programming, is the top-ranking staffer to depart the company, which has named Karen Cummins as SVP, marketing partnerships for both Paramount Network and TV Land, Scott Gregory as SVP, programming, media planning and acquisitions for the networks, and Deva Newman as SVP, creative for Paramount. [Reference Link][http://www.hollywoodreporter.com/live-feed/layoffs-hit-viacom-as-tv-land-paramount-network-merge-key-operations-1037898]

VIA

Viacom

$36.70

-0.1 (-0.27%)

VIAB

Viacom

$27.11

-0.08 (-0.29%)

  • 15

    Sep

VIA Viacom
$36.70

-0.1 (-0.27%)

09/05/17
WELS
09/05/17
DOWNGRADE
Target $32
WELS
Market Perform
Viacom downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Marci Ryvicker downgraded Viacom (VIAB) to Market Perform and lowered her price target for the shares to $32 from $43. Investors may need to start increasing exposure to media companies with solid streaming strategies given the push into over-the-top, and Viacom does not have one, Ryvicker tells investors in a research note. The analyst does not see much visibility into a turnaround for Viacom's affiliate fee growth. Ryvicker this morning also upgraded Disney (DIS) to Outperform.
07/17/17
JPMS
07/17/17
NO CHANGE
JPMS
Overweight
Viacom shares offer 'great value' at current levels, says JPMorgan
JPMorgan analyst Alexia Quadrani says Viacom over the past few months experienced improving ratings across several of its key networks, which she believes supports a positive outlook for advertising improvement. Shares of Viacom present "great value at these levels," Quadrani tells investors in a research note. She reiterates an Overweight rating on the stock.
06/22/17
LOOP
06/22/17
NO CHANGE
Target $37
LOOP
Hold
Viacom unlikely to see boost from 'Transformers' sequel, says Loop Capital
Loop Capital analyst David Miller believes Viacom's "Transformers" franchise is "somewhat long in the tooth" and he sees both the opening weekend and overall domestic grosses for the fifth installment, "The Last Knight" to be muted. He does note, though, that he expects international results to be "quite strong" for the film. Miller keeps a Hold rating on Viacom and lowered his price target to $37 from $39.
06/15/17
BERN
06/15/17
NO CHANGE
BERN
Viacom shares could tumble to $2.50, says Bernstein
Bernstein analyst Todd Juenger says that Viacom could drop to $2.50 per share if its current $3B EBITDA drops to $2B, and its EBITDA multiple drops to six times. The analyst says that this scenario is "not crazy," since the company's EBITDA fell 33% from fiscal 2014 to fiscal 2016 "during a rip-roaring advertising market and the early days of cord-cutting." He keeps a $29 price target and Underperform rating on the shares.
VIAB Viacom
$27.11

-0.08 (-0.29%)

09/05/17
WELS
09/05/17
UPGRADE
Target $116
WELS
Outperform
Disney upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Marci Ryvicker upgraded Disney (DIS) to Outperform and raised her price target for the shares to $116 from $109. The owner of ESPN and ABC closed Friday up 31c to $101.50. Concerns over potential dilution from the BAMTech stake and the streaming apps are "widely overdone," Ryvicker tells investors in a research note where she also downgraded Viacom (VIAB). She expects the TV ecosystem will soon undergo on an accelerated push into over-the-top. As such, investors may need to start increasing exposure to media companies with solid streaming strategies, such as CBS (CBS), 21st Century Fox (FOXA), and Disney, and lessen exposure to those that do not, such as Viacom and Scripps Networks (SNI)/Discovery Communications (DISCA), Ryvicker argues. The analyst likes the current entry point for Disney shares.
08/04/17
EVER
08/04/17
NO CHANGE
Target $48
EVER
Outperform
Evercore ISI would be a buyer of Viacom near-term weakness at Evercore ISI
Evercore ISI analyst Vijay Jayant would use weakness in Viacom share related to disappointing guidance as a buying opportunity. The analyst believes the company is heading int the right direction under new CEO Bob Bakish, and said there are some early signs that his restructuring plan is working. Jayant rates Viacom an Outperform with a $48 price target.
08/04/17
ATLE
08/04/17
DOWNGRADE
ATLE
Underweight
Viacom downgraded to Underweight from Neutral at Atlantic Equities

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IOVA

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NOA

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ISTR

Investar Holding

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BECN

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$47.86

-0.63 (-1.30%)

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MLHR

Herman Miller

DPS

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$91.68

-0.12 (-0.13%)

JUNO

Juno Therapeutics

$45.21

1.41 (3.22%)

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ABMD

Abiomed

$157.42

0.32 (0.20%)

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OSK

Oshkosh

$79.69

0.34 (0.43%)

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AET

Aetna

$155.03

-1.01 (-0.65%)

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APRN

Blue Apron

$5.22

-0.29 (-5.26%)

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Blue Apron jumps after meal kit competitor Plated acquired by Albertsons »

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DPS

Dr Pepper Snapple

$91.68

-0.12 (-0.13%)

17:22
09/20/17
09/20
17:22
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17:22
Earnings
Dr Pepper Snapple cuts FY17 EPS view to $4.53-$4.63 from $4.56-$4.66 »

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HBI

Hanesbrands

$24.64

-0.07 (-0.28%)

17:22
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Downgrade
Hanesbrands rating change at Nomura Instinet »

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TPRE

Third Point Reinsurance

$14.40

-0.1 (-0.69%)

, SAFM

Sanderson Farms

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1.5 (0.93%)

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TPRE

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$14.40

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SAFM

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1.5 (0.93%)

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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

, CAB

Cabela's

$61.45

0.07 (0.11%)

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IPCI

Intellipharmaceutics

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RWLK

ReWalk Robotics

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ABM

ABM

$39.29

0.23 (0.59%)

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IVTY

Invuity

$8.35

-0.15 (-1.76%)

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USG

USG

$31.26

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Continental Building

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TRHC

Tabula Rasa HealthCare

$25.66

-0.38 (-1.46%)

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TPIV

TapImmune

$3.08

-0.01 (-0.32%)

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EBSB

Meridian Bancorp

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KRNY

Kearny Financial

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