CBS Q2 sales fell 3 percent from a year earlier to...
CBS Q2 sales fell 3 percent from a year earlier to $3.5 billion, the company said. The drop was due to the timing of the NCAA Men’s Basketball Tournament semifinals and an online streaming deal it reached in the year…
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earlier period, the broadcaster said. Profit increased 8 percent from a year earlier to $427 million, it said after the markets closed Thursday. “We are containing our costs and reducing our interest expense,” CEO Leslie Moonves said in a news release (http://xrl.us/bni6rg).