CBS earnings: 77 cents per share vs. expected EPS of 76 cents

Wall Street analysts had forecast CBS would deliver earnings per share of 76 cents on revenue of $3.65 billion, according to a consensus estimate from Thomson Reuters. What is CBS stock doing now? The rationale for the move, according to the New York Post, would be to control the company's fate ahead of a potential merger with Viacom, which could leave the chief in an...
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