Net News search results for: cbs outdoor americas inc
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February 12, 2015
CBS Revenues Rise In Fourth Quarter, Radio Up 2%
CBS CORP. reported revenues of $3.68 billion for fourth quarter 2014, up 3% year-to-year and driven by THURSDAY NIGHT FOOTBALL on CBS television and political revenues from the midterm elections. CBS RADIO revenue rose 2%, helping the Local … more »
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July 15, 2014
CBS Corp. Announces Results Of Exchange Offer For CBS Outdoor Stock
CBS CORP.'s exchange offer has ended with 44,723,131 shares of CBS Class B common stock were accepted in exchange for 97 million shares of CBS OUTDOOR AMERICAS INC. common stock. The offer expired at midnight JULY 9th, swapping 2.1689 shares of … more »
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June 11, 2014
CBS Corporation Announces Details Of CBS Outdoor Spinoff, Divestiture
CBS CORPORATION has announced the details of its plan to divest its 81% ownership in CBS OUTDOOR AMERICAS INC. The outdoor division was spun off in an IPO in APRIL and plans to convert to a Real Estate Investment Trust. In the plan, CBS CORP. will … more »
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May 8, 2014
CBS Corp. Q1 Revenue Down 4.6%, But Radio Up 2%
CBS CORP. reported a Q1 2014 revenue decline 4.6% to $3.86 billion, primarily attributable to not having SUPER BOWL revenue this year. Local Broadcasting revenues for the first quarter of 2014 decreased 2% to $626 million; however, CBS Radio … more »
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April 17, 2014
CBS Corporation Gets IRS OK To Convert CBS Outdoor Into REIT
CBS CORPORATION has received a favorable private letter ruling from the IRS for its plan to convert its CBS OUTDOOR AMERICAS INC. subsidiary to a real estate investment trust (REIT). The ruling follows the completion of CBS OUTDOOR's IPO of 19% … more »
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March 18, 2014
CBS Launches Roadshow For Outdoor Subsidiary IPO
CBS CORPORATION's outdoor advertising subsidiary CBS OUTDOOR AMERICAS INC. has filed with the SEC and launched its road show to make an initial public offering of 30 million shares. The new stock will trade under the symbol CBSO, and CBS CORPORATION … more »
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November 6, 2013
CBS Revenues Rise In Q3, Radio Up 1%
CBS CORP. third-quarter 2013 overall revenues rose 11% to $3.63 billion, with net earnings up 12% to $469 million (76 cents/share). CBS RADIO revenues increased 1%, credited to the addition of the CBS SPORTS RADIO network. Exec. Chairman SUMNER … more »
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July 31, 2013
CBS Radio Q2 Revenues Flat, But CBS Corp. Revenues Up 11%
CBS CORP. reported Q2 Revenues of $3.7 billion, up 11% from the same period in 2012, with OIBDA of $952 million, up 5%. Operating Income of $838 million, up 6%. However, radio revenue for the quarter was described as "flat compared with the same … more »





