UPDATE: Viacom Posts Higher FQ4 Profit

Viacom (NASDAQ: VIAB ) reported a 24% rise in its fiscal fourth-quarter profit. Viacom's quarterly profit surged to $804 million, or $1.68 per share, from a year-ago profit of $650 million, or $1.26 per share. Excluding one-time items, its earnings from continuing operations climbed to $1.55 from $1.21. Its revenue