CBS suspends CEO search, fuelling Viacom merger expectations [Reuters]
CBS (CBS)
Last cbs earnings: 11/12 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.cbscorporation.com
Company Research
Source: Reuters
CBS suspends CEO search, fuelling Viacom merger expectations - Reuters 2 Min Read (Reuters) - CBS Corp on Tuesday said it had suspended its search for a new chief executive and extended the role of its interim CEO Joseph Ianniello until the end of the year, renewing speculation the U.S. media company will seek to merge with peer Viacom Inc. Ianniello, who was previously the company’s chief operating officer, became interim CEO in September after the CBS board ousted then-CEO Leslie Moonves over accusations of sexual harassment and assault. Ianniello’s interim role included a clause stating that if he was not named permanent CEO by June 30, 2019, he could leave the company with severance estimated to reach $70 million, according a source familiar with the matter. The same clause applies to his new agreement ending Dec. 31. Moonves has denied any wrongdoing. Speculation over the past few months about CBS considering for the third time a tie-up with Viacom hindered its search for a CEO a
Show less
Read more
Impact Snapshot
Event Time:
CBS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CBS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CBS alerts
High impacting CBS news events
Weekly update
A roundup of the hottest topics