Viacom Sees Higher Costs from Non-stop Media Coverage

Boeing plans to slash its commercial aircraft workforce; plus more of today's stocks in the news

Viacom (VIA.B ) sees lower than expected 2001 EPS as coverage of attacks led to higher costs and ad revenue loss. S&P downgraded Viacom, and CS First Boston downgraded Viacom as well as Disney (DIS ) and World Wrestling Foundation (WWF ) to hold.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.