Nov 05, 2009

NEW YORK -- CBS Corp. on Thursday again cited improving advertising momentum as it reported mixed, but better-than-expected third-quarter results after the market close. "The operating environment for our businesses continues to improve, and we are finishing the year with strong momentum," said CBS Corp. president and CEO Leslie Moonves. "So far this year, each quarter has been better than the one before, with the third quarter showing significant improvement over the second, just as...More