Wednesday, September 21, 2016

Viacom Warns On Q4 Profit, Cuts Dividend; Interim CEO Dooley To Depart

Viacom Inc. on Wednesday forecast earnings for the fourth quarter below analysts' estimates and said it will reduce its dividend by half to preserve capital. Further, the company said that Tom Dooley, Interim President and Chief Executive Officer, has informed the board of his decision to depart the company.

from RTT - Earnings http://ift.tt/2cCZzqJ
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