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  • NEW YORK, Jan 5- Viacom Inc was sued by a former vice president who said the media company fired her in retaliation for opposing its alleged plan to illegally avoid paying U.S. taxes on the international licensing rights for Teenage Mutant Ninja Turtles. In a complaint filed on Tuesday in Manhattan federal court, Nataki Williams said she was fired in April 2014...

  • Jon Najarian's top stock picks for 2016 Tuesday, 5 Jan 2016 | 12:54 PM ET
    Jon Najarian

    Jon Najarian shares his 2016 Halftime Report Portfolio Challenge picks after spotting unusual activity in the options market.

  • NEW YORK, Jan 5- Viacom Inc was sued by a former vice president who said the media company wrongfully fired her in retaliation for opposing its alleged plan to illegally avoid paying U.S. taxes on the international licensing rights for Teenage Mutant Ninja Turtles. In a complaint filed on Tuesday in Manhattan federal court, Nataki Williams said she was fired in...

  • Redstone seeks dismissal of ex-girlfriend's suit Tuesday, 5 Jan 2016 | 8:22 AM ET
    Sumner Redstone

    Lawyers for media mogul Sumner Redstone asked a court to dismiss ex-girlfriend Manuela Herzer's petition for a new evaluation of his competence.

  • Jan 4- Lawyers for media mogul Sumner Redstone on Monday asked a court to dismiss ex-girlfriend Manuela Herzer's petition for a new evaluation of the 92- year-old's mental competence, while Herzer's attorneys said they will seek a subpoena of Viacom CEO Philippe Dauman to compel his testimony in the case. Investors are closely following the lawsuit, which has...

  • The motion on behalf of Redstone, the controlling shareholder of Viacom Inc and CBS Corp, said he need not be examined since his own physician concluded that he was making healthcare decisions for himself. Weeks earlier, Herzer had been told to leave Redstone's Los Angeles home and was replaced by Viacom CEO Philippe Dauman as Redstone's healthcare agent.

  • The motion by Redstone, the controlling shareholder of Viacom Inc and CBS Corp, says he need not be examined since his own physician concluded that he was making such decisions by himself.

  • The Halftime Report traders discuss troubled media stocks Wednesday, 30 Dec 2015 | 3:56 PM ET

    Media Stocks Lower Amid Cord-Cutting Concerns

  • 'Force Awakens' becomes fastest movie to $1 billion Monday, 28 Dec 2015 | 6:04 AM ET
    Chairman and CEO, The Walt Disney Company, Bob Iger attends the World Premiere of “Star Wars: The Force Awakens” at the Dolby, El Capitan, and TCL Theatres on December 14, 2015 in Hollywood, California.

    "Star Wars: The Force Awakens" has reached $1 billion at the box office, achieving the milestone with record-setting hyper speed.

  • Markets volatility charts graphs

    Bottom Fishing: Top Turnaround Plays for 2016

  • Dec 22- Media mogul Sumner Redstone's compensation as executive chairman of CBS Corp and Viacom Inc was reduced for 2015, CNBC reported, citing sources. A Viacom spokesman declined to comment other than to say that the company would file its annual proxy with compensation details in January. A CBS spokesman also said the information would be contained in the...

  • Wall Street’s drive for breakeven could stall today Tuesday, 22 Dec 2015 | 6:56 AM ET

    Futures point to a moderately lower open Tuesday, leaving the Dow and S&P 500 with little time to erase their 2015 deficits.

  • Dec 21- A California judge on Monday granted the former girlfriend of Viacom chairman Sumner Redstone a request to conduct depositions of the company's chief executive Philippe Dauman, and two of Redstone's doctors, but not the media mogul himself, for now. In a hearing Monday afternoon, Los Angeles County Superior Court Judge David Cowan allowed for...

  • Limited discovery allowed in Sumner Redstone case Monday, 21 Dec 2015 | 6:28 PM ET
    Sumner Redstone

    Limited discovery was granted in a case surrounding Sumner Redstone's mental competency, Reuters reported.

  • Dec 21- A California court on Monday partially granted the former girlfriend of Sumner Redstone, the 92 year-old chairman of Viacom Inc a request for discovery on the mental competency of the media mogul.

  • Judge allows deposition of Viacom CEO, 2 doctors in Redstone case

    The hearing for Viacom Chairman and CEO Sumner Redstone's motion is scheduled for February 8th, reports CNBC's Dominic Chu.

  • Dec 21- Shari Redstone refused an offer from her media mogul father Sumner to sell her 20 percent stake in the holding company that controls Viacom Inc and CBS Corp for $1 billion, the Wall Street Journal reported. Earlier this month, Viacom Chief Executive Philippe Dauman addressed these concerns, saying he speaks with Sumner several times a week and that the...

  • Dec 21- Shari Redstone refused an offer from her media mogul father Sumner to sell her 20 percent stake in the holding company that controls Viacom Inc and CBS Corp for $1 billion, the Wall Street Journal reported. The offer made in November 2014 would have required Shari to give up her right to become chairman of the two companies upon the death of her father, now 92,...

  • Wall Street looking for Christmas Week comeback Monday, 21 Dec 2015 | 7:02 AM ET

    Futures point to a higher open ahead of the last two weeks of trading for 2015, but the year looks to be ending with a whimper.

  • Dec 14- Sumner Redstone's former girlfriend, Manuela Herzer, filed a new lawsuit in California on Monday alleging that the 92- year-old media mogul's signature was forged on a document removing her as his health care agent. Redstone is the controlling shareholder of Viacom Inc and CBS Corp and Herzer's allegations, in lawsuits filed in the past few weeks, that he...