Verizon Will Carry CBS Programming During Blackout and 2 Other Dow Movers to Watch

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Verizon Communications Inc. (NYSE:VZ): Current price $47.02

Verizon will carry CBS TV programming while the latter’s cable competitor Time Warner Cable Inc’s blackout of CBS moves towards its third week in New York, Los Angeles, and Dallas. On Thursday, Chief Executive Leslie Moonves of CBS informed employees that the same terms of Verizon’s deal were offered to Time Warner Cable as well, commenting in a memo seen by Reuters that, “You should know that Time Warner Cable has been offered almost exactly the same deal for CBS carriage to which Verizon has agreed.”

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