Viacom (VIA): Sumner Redstone, Lose A Daughter, Gain Some Sense

Investing

Published: July 19, 2007 8:56 am

It appears that Sumner Redstone’s daughter, Sheri, is leaving the Viacom (VIA) board. It was assumed that she would take over once Sumner passed.

Since Sheri appeared to know absolutely nothing about running a media company, perhaps the move will be a relief for shareholders.

The stock is up 6% on the news.

Now if Sumner would only leave. They could put Tom Cruise in charge

Douglas A. McIntyre

Are You Ahead, or Behind on Retirement?

If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: am I ahead, or behind on my goals?

Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With Zoe Financial’s free matching tool, you can connect with trusted financial advisors in minutes.

Why wait? Click here to get started today!