CBS Swings To Profit; Interactive Revs Drop 14 Percent

CBS’ earnings were on the positive side in Q3, as revenues were down less than 1 percent, an indication that the economic pain of the past year may be easing a bit. Specifically, net income in Q3 was $207.6 million ($0.30 cents per share) versus the $12.46 billion net loss ($18.58 per share) last year. While that may hav...