Studio Briefing May 12 2009
VIACOM KEEPS ON TREKIN' Viacom stock went where no other media stock had gone on Monday – up. Surprisingly strong ticket sales for the new Star Trek,produced by Viacom-owned Paramount, buoyed the company’s shares and kept it from becoming swept into the overall market vortex. To be sure, it did no more than tread water, inching up just 0.04 percent, but on a day when the Dow Jones fell 156 points, that was regarded as a solid accomplishment....