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CBS Corporation

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  1. Sumner Redstone Donates $1.5 Million for Fight Against Polio, Poverty

    8:25 am 8/31/2011

    The gift is the latest in a string of donations as the Viacom and CBS Corp. executive chairman shares his wealth. Read more

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  2. Sumner Redstone's Daughter Shari Launches Media, Tech Investment Firm

    7:44 am 8/26/2011

    The CBS Corp. and Viacom board vice chair is a founder of Advancit Capital, which has invested in app maker Nettle. Read more

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  3. Moody's Upgrades Rating on $6 Billion in CBS Corp. Debt

    11:18 am 8/22/2011

    "Increased free cash flow generation, absolute debt reduction of over $2 billion, stronger liquidity and increasing contractual revenue sources provide the company more financial flexibility," the debt ratings agency said.Read more

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  4. Entertainment Conglomerate Stocks Drop Amid Latest Market Decline

    10:40 am 8/18/2011

    UPDATED: CBS Corp., Viacom, Time Warner, News Corp. and Sony underperform the broader market on Thursday.Read more

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  5. Moody's Eyes Possible Upgrade of CBS Corp. Debt Rating

    1:32 pm 8/17/2011

    The credit ratings agency cited a "sustained deleveraging of the company over the last 18 months" in announcing its review on about $6 billion of CBS debt, which could make borrowing cheaper for the company.Read more

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  6. CBS, Other Sector Stocks Rise as U.S. Markets Have Wild Ride

    10:39 am 8/9/2011

    UPDATED: Shares of big entertainment companies were on a rollercoaster ride Tuesday with Time Warner hitting new 52-week low during the trading session.Read more

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  7. Analysts Warn of Possible Downside of Digital Boon for Entertainment Giants

    3:14 pm 8/5/2011

    While such Hollywood conglomerates as CBS and Viacom beat earnings expectations due to deals with the likes of Netflix, BTIG's Richard Greenfield warns that the "love affair with digital licensing may not play out as anticipated."Read more

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  8. Wall Street Debates Entertainment Stocks Amid Renewed Economic Fears

    5:11 pm 8/3/2011

    More ad-focused stocks like Viacom and Disney could see investors move money into Time Warner, Liberty Starz and Netflix, says Janney Montgomery Scott as analysts also discuss the outlook for CBS Corp.Read more

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  9. CBS Corp. Beats Estimates With Higher Second-Quarter Profit

    11:43 am 8/2/2011

    UPDATED: CEO Leslie Moonves is not concerned about the advertising outlook and fall competition from Fox's "The X Factor" as ad, retransmission and other revenue grew and a Netflix streaming video deal started to contribute.Read more

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  10. CBS Corp., Netflix Sign International Streaming Content Deal

    6:39 am 7/27/2011

    The two-year agreement will make such shows as "Twin Peaks," "Californication" and "Dexter" available on Netflix's streaming service in Canada and Latin America.Read more

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