Where is Belize? Belize is in Central America, a tiny country on the Western edge of the Caribbean Sea, formally known as British Honduras. Belize is located below Mexico, east of Guatemala, and north of Honduras.
Viacom is seeing growth in earnings with aid from its large share-repurchase program. The stock is a good buy for investors with a long-term investment strategy because of the dramatic reduction in outstanding shares, growth in ratings and earnings, and a nice dividend yield. Nickelodeon and MTV are very strong.
The merger calls for GTE to acquire Contel by issuing 1.27 shares of its common stock for each share of Contel common stock. It would be a tax-free exchange of shares for Contel shareholders. News of the merger plan sent Contel share prices soaring $7.12 1/2 to $35.12 1/2. GTE, however, lost $1.25 in value to close at $29.75 as investors worried that the takeover would depress its earnings.