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$VIAB 2Q15 10-Q: As of March 31, 2015, total assets were $21.76Bil vs. $23.86Bil as of March 31, 2014. Liabilities were $19.43Bil vs. $19.44Bil as of March 31, 2014. Cash & cash equivalents were $306MM vs. $2,580MM at March 31, 2014. Dividends were $0.33 vs. $0.30 per share in 1Q14. VIAB had $75MM of commercial paper outstanding at March 31, 2015.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.