Marcial: Some Rave Reviews for Viacom
With its shares getting thumbs-down from investors, Viacom (VIA) doesn't have many cheerleaders on Wall Street. The stock is in the cellar, having hit a 52-week low of 28 a share on Aug. 1, down from a 52-week high of 44.95 on Dec. 16, 2007. Although the major film producer and operator of cable television networks reported better-than-expected second-quarter results on July 29, analysts worry about continued weakness in its cable networks' advertising revenue growth.
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