CBS Corporation(NYSE: CBS) shares has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . 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.
Additionally, the company has announced an ex-dividend date of December 07, 2012 and a cash dividend payment of $0.12 per share scheduled for January 01, 2013. Shareholders who purchased CBS stock prior to the ex-dividend date are eligible for the cash dividend payment.
General Motors Company(NYSE: GM) shares declined 0.44% to $25.08 in the pre-market hour. The company’s Opel unit said that it plans to end car production at one plant in Germany in 2016, but a slimmed-down factory may continue to make components.
Additionally, GM and its joint ventures have set a new annual sales record in China. With domestic sales of 260,018 vehicles in November, GM's sales in 2012 reached 2,593,642 units in the first 11 months. In 2011, GM sold 2,547,171 vehicles in China for the year as a whole. Last month's sales were the highest ever for November and the second-highest for any month in GM's largest market, rising 9.7% from November 2011.
Netflix(NASDAQ: NFLX) stock gained 0.60% to $86.50 in the pre-market hour following Chief Executive Reed Hastings reacted to the Securities and Exchange Commission accusing that Hastings and Netflix violated disclosure regulations with a Facebook post in July regarding the firm’s streaming video service.
The Boeing Company(NYSE: BA) stock fell 0.32% to $74.40 in the pre-market hour after BA and Turkish Airlines have finalized a firm order for 15 777-300ER (Extended Range) airplanes worth $4.7 billion at list prices. The agreement, first announced in October as a commitment, also includes options for five additional 777-300ERs and is the largest order by value in Turkish Airlines' history.
Additionally, India has named Boeing Co. (BA) its preferred vendor to supply a total of 37 heavy-lift and attack helicopters to the country's air force, Defense Minister A.K. Antony said.
McDonald's Corporation(NYSE: MCD) shares climbed 1.92% to $90.18 in pre-market hour after the company’s global same-store sales rose a bigger-than-expected 2.4% in November as the world's largest fast-food chain was able to reverse the decline it reported for October. Analysts were expecting a 0.17% rise in global sales at restaurants that have been open at least 13 months, according to Consensus Metrix.
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