Home Wealth  Money Viacom Stock Symbol Remains Mysterious With Switch To o Switch Listing to Nasdaq

Viacom Stock Symbol Remains Mysterious With Switch To o Switch Listing to Nasdaq

Posted: Nov. 12th, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

Viacom (VIA, VIAb) said today it will transfer its stock exchange listing to NASDAQ OMX's Nasdaq Global Select Market beginning December 1.

The company said it made the decision to switch to the Nasdaq from NYSE Euronext (nyse: NYX - news - people )'s New York Stock Exchange because it will be more cost effective, while still providing shareholders with strong execution and liquidity.

Viacom (nyse: VIA - news - people )'s Class A common stock will trade under the symbol VIA, while its Class B shares will trade under the symbol VIAB.

Rival Walt Disney (nyse: DIS - news - people ) is getting a boost in today's trade after it reported a 30% increase in earnings late yesterday, to $1.1 billion, or $0.58 per share.

Adjusted earnings of $0.59 per share beat analyst estimates.

Revenue rose 7%, to $10.4 billion, meeting expectations.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Need to Get Away?
Top 10 Business Hotels
Who says you can’t mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
Harman Kardon Partners With HTC for Pint-Sized H/K One Wireless Speaker
Crazy Crashes Drivers Have Walked (and Swam) Away From at the Monaco Grand Prix
The Don Stott Collection: A 50 Year Love Affair With Burgundy Wines
Started From The Bottom...Now We’re Here (At Sotheby’s in NYC)
Celebrating 10 Talented Women in Wine: Melissa Burr From Stoller Family Estate
Rolls-Royce Debuts $362K "Inspired by Fashion" Wraith, Models Not Included
Pilatus' New PC-24 Super Versatile Jet Gets a Round of Applause After Maiden Voyage in Switzerland
A Crimp Lamp So Cool Even Your Dad Will Like It
Toast Marriage Equality With Iron Horse's Limited-Edition 2010 Vintage Rainbow Cuvée
United Airlines Unveils New Culinary Partnership to Honor the Late, Great Chef Charlie Trotter
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE