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  • Questions arise as Viacom COO's contract nears end Friday, 11 Dec 2015 | 3:04 PM ET

    NEW YORK, Dec 11- Viacom Inc's Chief Operating Officer, Thomas Dooley, has not renewed an employment agreement set to expire in 12 months, a situation that compensation consultants say is unusual and raises the question of whether he will stay with the multi-billion dollar media company as it tries to turn its fortunes around. The uncertainty could further...

  • Halftime Report Traders: Here's Who Apple Should Buy Thursday, 10 Dec 2015 | 3:07 PM ET
    Apple store
  • NEW YORK, Dec 10- When health insurer Humana Inc reported worse-than-expected quarterly earnings in late 2014- including a 21 percent drop in net income- it softened the blow by immediately telling investors it would make a $500 million share repurchase. It added around two cents to the company's annual earnings per share, allowing Humana to surpass its $7.50...

  • Dec 7- Viacom Inc Chief Executive Philippe Dauman said he speaks with Executive Chairman Sumner Redstone several times a week and that the 92- year-old media mogul is in charge of his own healthcare. Dauman spent the first several minutes of his session at the conference discussing what he called "misinformation," stemming from a lawsuit filed by one of...

  • Dec 7- Viacom Inc Chief Executive Philippe Dauman said he speaks with Executive Chairman Sumner Redstone several times a week and that the 92- year-old media mogul is in charge of his own healthcare. Dauman's comments, at a UBS conference on Monday, come after a lawsuit filed by one of Redstone's former girlfriends raised new questions about the billionaire's...

  • BROOKLINE, Mass., Dec 6- Famed Massachusetts mill owner Aaron Feuerstein has this message for his friend and embattled media executive Sumner Redstone: hang in there. "As long as he is succeeding, and as long as it's profitable, I don't see why he should step down," Feuerstein said in an interview of Redstone, the 92- year-old executive chairman of both Viacom Inc and CBS...

  • BOSTON/ NEW YORK, Dec 3- An official for the second-largest U.S. public pension system on Thursday urged Viacom Inc to do away with its dual-class share structure, the latest call from an investor for change at the media empire controlled by the aging mogul Sumner Redstone as doubts grow over his ability to lead. Redstone, 92 years old, controls about 80 percent of the...

  • After-hours buzz: Gap, Avon, Zumiez & more Thursday, 3 Dec 2015 | 5:47 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Thursday: Gap, Avon, Zumiez & more.

  • Dec 3- Viacom Inc's second-largest shareholder has urged the media company to sell a stake in its Paramount movie studio to Alibaba Group Holding Ltd, according to the Financial Times. "If Alibaba is going to be serious about getting into the entertainment industry Viacom should sell Jack Ma a piece of Paramount," Mario Gabelli, chief executive of Gamco Investors...

  • The big end to week on Wall Street Thursday, 3 Dec 2015 | 7:17 AM ET

    U.S. stock futures were sharply higher, after yesterday's slide essentially wiped out Tuesday's big rally. Investors this morning are focusing on the Fed and the European Central Bank.

  • MTV coins new name for the post-millennial generation Thursday, 3 Dec 2015 | 6:00 AM ET
    MTV coins new name for the post-millennial generation

    Generation-Z gets a new moniker, but some don't like it.

  • This is what MTV is calling the next generation Wednesday, 2 Dec 2015 | 6:58 PM ET
    Millennials texting in car

    MTV just coined another name for the post-millennial generation, and social media users are not happy.

  • After-hours buzz: Viacom, American Eagle & more Wednesday, 2 Dec 2015 | 5:55 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Wednesday: Viacom, American Eagle & more.

  • NEW YORK, Dec 2- Two of the largest shareholders in Viacom Inc are raising questions about whether Sumner Redstone is fit to remain executive chairman of the media company. Mario Gabelli, whose company holds the second-largest voting stake in Viacom after Redstone himself, and Salvatore Muoio, whose firm is the seventh-biggest voting shareholder, voiced the...

  • Dec 2- Sumner Redstone's physicians have publicly attested that he is mentally capable, William Schwartz, chairman of Viacom' s governance and nominating committee, wrote in an e-mailed stated to Reuters Wednesday afternoon. "As has been widely and publicly disclosed, Mr. Redstone's physicians have publicly attested that he is mentally capable, and this...

  • Dec 2- Mario Gabelli, who is the second-largest voting shareholder in Viacom Inc, is calling for the media company to disclose the mental competence of its executive chairman, Sumner Redstone, the billionaire value investor told Reuters on Wednesday. Gabelli left a message for someone at the company about the issue on Tuesday, he said, declining to say whom he...

  • Judge rejects Redstone mental competence evaluation Tuesday, 1 Dec 2015 | 7:03 AM ET
    Sumner Redstone

    A court rejected a request from the former girlfriend of Sumner Redstone for the chairman of Viacom to undergo an immediate medical evaluation.

  • LOS ANGELES, Nov 30- A California court on Monday rejected a request from the former girlfriend of Sumner Redstone for the 92- year-old chairman of Viacom Inc to undergo an immediate medical evaluation. Los Angeles County Superior Court Judge Clifford Klein ruled there was no need for an immediate evaluation of Redstone, but allowed the case to proceed.

  • LOS ANGELES, Nov 30- A California court on Monday rejected a request from the former girlfriend of Sumner Redstone for the 92- year-old chairman of Viacom Inc to undergo an immediate medical evaluation. The case raised new questions about Redstone's ability to run Viacom and CBS. Herzer had been chosen by Redstone to make healthcare decisions for him in case he...

  • Shareholder repercussions in Redstone case Monday, 30 Nov 2015 | 2:48 PM ET
    Shareholder repercussions in Redstone case

    Sumner Redstone is being sued by a former girlfriend, who says he lacks the mental capacity to remove her as his representative. If the case is found to have merit, there could be serious shareholder blowback, reports CNBC's Julia Boorstin.