Wednesday 15 February 2017

CBS Corp's profit beats despite drop in advertising revenue

http://feeds.reuters.com/~r/reuters/businessNews/~3/y4ZuX36x7Uc/us-cbs-corp-results-idUSKBN15U2P0

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(Reuters) - CBS Corp , owner of the most widely-viewed U.S. television network, reported a fourth-quarter profit that beat analysts' estimates, helped by higher political advertising and a rise in retransmission revenue.

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