May 4 CBS Corp reported a 6.8 percent fall in quarterly revenue from a year earlier, when the owner of the most-watched U.S. TV network benefited from higher advertising revenue from the Super Bowl and an extra NFL playoff game.
However, net income from continuing operations rose to $454 million, or $1.09 per share, in the first quarter ended March 31 from $442 million, or 95 cents per share, a year earlier, the company said on Thursday.
CBS's total revenue fell to $3.34 billion from $3.59 billion. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sriraj Kalluvila)
UPDATE 1-Corruption charges against Brazil's Temer expected to come in waves -source
June 23 Brazil's top federal prosecutor will level corruption charges against President Michel Temer one at a time instead of making all the accusations at once, a strategy aimed at weakening his defense, a source with direct knowledge of the process told Reuters on Friday.
INSIGHT-Under pressure, Western tech firms bow to Russian demands to share cyber secrets
WASHINGTON/MOSCOW, June 23 Western technology companies, including Cisco, IBM and SAP , are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found.