2. As of noon trading, CBS Corporation ( CBS) is down $0.41 (-1.1%) to $35.12 on light volume Thus far, 1.2 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $34.96-$35.52 after having opened the day at $35.50 as compared to the previous trading day's close of $35.53. CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $21.2 billion and is part of the media industry. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7. Shares are up 32.1% year to date as of the close of trading on Monday. Currently there are 19 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and 5 rate it a hold. TheStreet Ratings rates CBS Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full CBS Corporation Ratings Report now. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade
Chicago's Sun-Times, which has struggled to reverse declining circulation and advertising sales, nevertheless could be the object of a bidding war, as a Edwin Eisendrath-headed group has offered $15 million.