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Following Dividend Cut, Viacom Reaches A Fork In The Road
Wednesday, September 28, 2016 - 12:13pm | 433David Miller of Loop Capital has cut the price target of Hold-rated Viacom, Inc. (NASDAQ: VIAB) and presented three scenarios following the media conglomerate's dividend cut and tepid fourth-quarter outlook. Following are the three scenarios suggested by Miller: "VIAB levers up through its NAI...
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CNBC: Despite 'Tough' Summer For Films, It Is 'Not All Gloom And Doom'
Monday, August 29, 2016 - 11:10am | 340"Ben-Hur" was the latest Hollywood bust, which merely adds to a growing list of recent movie failures. However, the "Independence Day" sequel, "Independence Day: Resurgence," may be the summer's biggest dud as the film collected just $11.2 million during its opening weekend, far short of its $100...
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Loop Capital Says Viacom's On 'Simply The Worst Cold Streak Ever' Following 'Ben-Hur' Bomb
Friday, August 26, 2016 - 2:05pm | 349Viacom, Inc. (NASDAQ: VIA) (NASDAQ: VIAB) is in one heck of a slump. Early indications are that its most recent hope, “Ben-Hur,” will not change Viacom’s luck. In a new note, Loop Capital Markets analyst David Miller cut earnings estimates for Viacom and discussed the company...
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How Does 'Ben-Hur' Stack Up Against Its Legendary Predecessors?
Monday, August 22, 2016 - 11:31am | 339It's official - the latest version of "Ben-Hur" is a bust. According to The Wall Street Journal, the remake of the classic film flopped at this weekend's box office. The movie, which cost around $100 million to produce, collected just $11.4 million across the U.S. and Canada...
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CinemaCon 2016: Paramount Continues Franchise Push While Keeping Eye On Award Season
Sunday, April 17, 2016 - 6:27pm | 551Over the last few days, Hollywood took a trip to Las Vegas for the annual CinemaCon event. It was there that exhibitors from all around the country came to see what movies are going to be burning up their screens through the rest of the year and beyond. This is a studio-by-studio recap of the...
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The 5 Highest-Grossing Best Picture Winners
Sunday, February 22, 2015 - 1:28pm | 496People from all over the world will be watching the 87th Academy Awards ceremony. In the past, Best Picture winners were, on many occasions, among the highest-grossing pictures of all-time. So which five winning flicks were the highest grossing of all? Adjusted for inflation, here are the...