CBS reported a mixed quarter against low expectations. The highlight of the quarter is the company is returning to growth on the operating income line with a big accelerating ahead on 2016 on the back of political advertising. CBS shares have perfomed poorly this year as earnings estimates moved steadily lower. At one point, Northlake […]
Disney (DIS) reported better than expected 4Q15 earnings, a great relief to investors following the controversial 3Q 15 report in August that send DIS and other media stocks into a spiral of declines ranging from 20-30% in just a few weeks. The issue in August was a lowering of guidance due to foreign currency hedges […]
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