Home / Street Sector / Active Momentum Stocks in New Buzz: Viacom (NASDAQ:VIAB), TELUS Corporation (NYSE:TU)

Active Momentum Stocks in New Buzz: Viacom (NASDAQ:VIAB), TELUS Corporation (NYSE:TU)

Shares of Viacom, Inc. (NASDAQ:VIAB) [Trend Analysis] swings enthusiastically in regular trading session, it an advance of 0.50% to close at $36.00. Viacom Inc. (VIAB) released that Special Committee of its Board has retained Morgan Stanley, Allen & Firm and LionTree LLC as financial advisors in connection with the Special Committee’s evaluation of the request by National Amusements that Viacom explore a potential combination with CBS (CBS).

The Special Committee stated it does not intend to comment additional until it determines that additional disclosure is appropriate. Moving forward to saw long-term intention, the experts calculate Return on Investment of 16.40%. The stock is going forward its fifty-two week low with 22.64% and lagging behind from its 52-week high price with -30.15%. VIAB last month stock price volatility remained 2.88%.

TELUS Corporation (NYSE:TU) [Trend Analysis] retains strong position in active trade, as shares scoring 0.03% to $32.51 in a active trade session, while looking at the shares volume, about 172644 shares have changed hands in this session. TELUS (NYSE: TU) reported that a new pilot program that will offer low-cost Internet service to low-income single-parent families across the province on income or disability assistance. In the coming weeks, about 18,000 single-parent families presently receiving assistance from the province will receive a coupon code in the mail. The code will allow them to activate TELUS’ offer of Internet service for $9.95 a month. This innovative pilot program is entirely funded by TELUS and comes at no cost to the government or to taxpayers.

“The families participating in the TELUS Internet for Good program will have access to countless opportunities that are often taken for granted,” stated Darren Entwistle, TELUS President and CEO. “From applying for a job, to accessing online learning, to connecting with distant loved ones, to virtually experiencing vibrant art and music, Internet connectivity will ensure these families are empowered to reach their full potential in our increasingly digital society.” The firm has institutional ownership of 77.00%, while insider ownership included 0.20%. TU attains analyst recommendation of 2.80 with week’s performance of 2.10%. Investors looking additional ahead will note that the Price to next year’s EPS is 4.98%.


About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

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