past-analysts

Exclusive: CBS weighs share options for post-Redstone era – sources

CBS Corp's executives are talking to investment bankers about how their CEO and executive chairman, Les Moonves, can gain more control over the broadcaster after Sumner Redstone dies, or if he is declared mentally incompetent, said two sources familiar with the situation. The New York-based company met with investment banks in recent months to discuss how it could buy CBS's voting shares from Redstone's National Amusements Inc, and collapse CBS's dual-class share structure, the sources told Reuters. CBS and Viacom Inc both …

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Exclusive: CBS weighs share options for post-Redstone era – sources

past-analysts

Carl Icahn says he sold entire Apple stake on China woes: CNBC

Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc , citing the risk of China's influence on the stock. Icahn, in an interview with cable television network…

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Carl Icahn says he sold entire Apple stake on China woes: CNBC

past-analysts

Amazon profit crushes estimates as cloud-service revenue soars

Amazon.com Inc on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division. The results draw a sharp contrast to the disappointing fourth quarter Amazon reported in January, which renewed worries among some shareholders about the company's comparatively thin profit margins. Amazon's performance also assuaged concerns about a broader slowdown…

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Amazon profit crushes estimates as cloud-service revenue soars