Nov 08, 2009

CBS Corp. executive chairman Sumner Redstone got his companys third-quarter earnings call off to a portentous start, telling investors, the light at the end of the tunnel continues each day to get brighter. In past quarters, that beam would have been an express train hurtling towards the media economy. But on balance, CBS results suggest that recovery may be at hand. On Nov. 5, CBS Corp CEO Leslie Moonves said the operating environment continues to improve steadily, as the...More