Les Moonves

As the world moves to a new media landscape, the stock price of one old media stalwart that looks well-positioned to make the transition appears too low, Morgan Stanley said Wednesday in an update on CBS Corporation (NYSE: CBS). The Analyst Morgan Stanley’s Benjamin Swinburne lowered his...

Former CBS Corporation (NYSE: CBS) CEO Les Moonves won't receive any of the $120 million severance package he was granted after the TV network's board of directors concluded it had grounds to terminate Moonves. What Happened Moonves resigned in September after sexual misconduct allegations...

CBS Corporation (NYSE: CBS) CEO Les Moonves' departure could be followed by long period of limited upside, according to UBS. The Analyst UBS analyst John Hodulik downgraded CBS from Buy to Neutral and lowered the price target from $72 to $60. The Thesis Moonves' exit creates...

More than a year in, the #MeToo movement continues to prove that no corporate leader is too big to be toppled. What Happened CBS Corporation (NYSE: CBS) announced Sunday that CEO Les Moonves would immediately resign following new allegations of sexual assault. The New Yorker’s Ronan...

CBS Corp. (NYSE: CBS) CEO Les Moonves is reportedly in negotiations to leave the media giant after accusations of sexual misconduct. What Happened The CBS board is involved in settlement talks that would likely remove Moonves from the company, accordind to CNBC. The talks have...

CBS Corporation (NYSE: CBS) has successfully stood out as a success story in an era of cord-cutting, but allegations of sexual misconduct against CEO Les Moonves and a legal battle with the Redstone family makes it difficult to hold a bullish stance, according to Argus.  The Analyst Argus...

The CBS Corporation (NYSE: CBS) executive accused by six women of sexual misconduct and assault has piqued a familiar enemy. "Les tried to ruin my life," Howard Stern said Monday on his Sirius XM Holdings Inc (NASDAQ: SIRI) radio show. What Happened Stern, who compared CBS CEO Les...

The CBS Corporation (NYSE: CBS) board decided Monday to retain CEO Les Moonves while independent investigators probe sexual harassment claims. “This board is in a pickle,” Keach Hagey of the Wall Street Journal said on CNBC. “This board is in big trouble.” A Les-Focused CBS...

CBS Corporation (NYSE: CBS) plunged 7 percent Friday on reports of sexual misconduct allegations against CEO Leslie Moonves. What Happened Ronan Farrow, the journalist whose Harvey Weinstein investigation inspired the #MeToo movement that toppled executives across U.S. industries,...

The on-again, off-again merger between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) is taking a dramatic turn that could alienate CBS CEO Les Moonves. What Happened Shari Redstone, daughter of media mogul Sumner Redstone, continues her push to combine CBS and Viacom into one...

Analysts at Loop Capital Markets continue to view CBS Corporation (NYSE: CBS) as a top pick after hosting an executive dinner with the company's CEO Leslie Moonves and investor relations EVP Adam Townsend. Loop Capital's David Miller maintains a Buy rating on CBS with an unchanged $78 price...

David 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...

This weekend's Barron's cover story ponders the outcome of a potential mega media merger. The prospects for a financial-services hybrid, an ultra-low-fare carrier and an aerospace parts distributor are also examined. And see which industrial giants may benefit from a coming surge in...

While all eyes this week are on network's new fall schedules, investors aren't quite able to forget about the series being bumped to clear room for newcomers. After all, a number of these shows were at one time presented as the "next big thing" themselves…some as recently as last year. Of all the...

Hulu's annual upfront presentation this week brought news beyond just the standard series pick-ups and renewals. As leaked earlier in the week, Hulu has announced its getting into the streaming "skinny bundle" game with a new service. While a final price has not been confirmed many have it pegged...