4 Consumer Stock Stories Set for Savvy Investment Shopping
CBS Corp. (NYSE:CBS): Closing price $58.59
CBS executives told The New York Times the corporation is working on a 24-hour news channel to be streamed online that would primarily repurpose video and reportage already produced by CBS News. The executives said the channel, if it were to go forward, would not be publicly announced for weeks or even months. The channel is known unofficially known internally as CBS News Stream, according to the executives, who also said that it is a collaboration between CBS News, which is directing the journalistic planning for the channel, and the company’s interactive unit, which is taking care of the distribution.