viacom earnings

Hulu reached an agreement with Viacom that will once again allow the video site to air episodes of Jon Stewart's "The Daily Show" and Stephen Colbert's "The Colbert Report," 11 months after the shows were pulled from the site.

Viacom (VIA) reported a 52% jump in net income in the second quarter on what it attributed to improving trends in the advertising market, continued strength of its affiliate revenues and lower film and distribution costs. Viacom's net income rose to $420 million, or 69 cents per share, in the...