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News summary: CBS 4Q results short of expectations

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4Q MISS: CBS Corp. said it earned an adjusted 64 cents per share on revenue of $3.7 billion in the quarter through December. Analysts were looking for 69 cents of earnings per share on $3.83 billion in revenue. ONE-OFF FACTORS: The results were weighed by a temporary pullback in ad spending by retailers at local TV stations and CBS not repeating a revenue bump from the sale of CW network shows...

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