16.50 0.00 (0.00%)
After hours: 5:00PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||16.14 - 16.51|
|52-week range||12.19 - 17.29|
|PE ratio (TTM)||N/A|
|Earnings date||7 May 2018 - 11 May 2018|
|Forward dividend & yield||0.20 (1.23%)|
|1y target est||16.37|
21st Century Fox offered to bolster the editorial independence of Sky PLC’s news operations to meet concerns of British regulators and ease approval of its $16 billion bid for the portion of the pay TV ...
Rupert Murdoch's Twenty-First (Shanghai: 603806.SS - news) Century Fox said it would commit to maintain Sky News in Britain for at least five years and would establish an independent board for the channel to try to secure its takeover of pay-TV operator Sky. Britain's competition regulator said last month that Fox's$15.7 billion deal to buy the 61 percent of Sky it does not already own should be blocked unless a way is found to prevent Murdoch influencing Sky's news output. "The combined effect of the Proposed Firewall Remedies is that there could be no circumstances in which, post-transaction, the MFT (Murdoch family trust) or members of the Murdoch family could influence, whether directly or indirectly, the editorial line or policy of Sky News," the company said.
News Corp (NWSA) reported solid second-quarter fiscal 2018 results, backed by robust growth across the company's Digital Real Estate Services and Cable Network Programming segments.
News Corp reported a 3% rise in revenue for the December quarter, led by continued growth in its digital real estate unit, while weakness in the advertising business weighed on the news and information ...
Sales in its news and information services business, which accounts for about two-thirds of total revenue, fell marginally to $1.30 billion in the second quarter. Advertising revenue fell 6 percent, but those declines were made up by a similar increase in circulation and subscription revenue. The company's Dow Jones unit helped drive most of those gains on the back of continued digital subscriber growth at the Wall Street Journal.
On a per-share basis, the New York-based company said it had a loss of 14 cents. Earnings, adjusted for pretax expenses and non-recurring costs, were 24 cents per share. The results surpassed Wall Street ...
Rupert Murdoch's media empire owns Dow Jones, HarperCollins and the New York Post, among other properties.
Our research shows that stocks with the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP have higher chances of delivering positive earnings surprise.
News Corporation (NWSA) is diversifying its revenue streams through strategic buyouts and operational enhancement. However, advertising continues to be highly vulnerable to the economic conditions.
British actor Hugh Grant has settled a legal case against Mirror Group Newspapers (MGN) after the company admitted that reporters at its three tabloid titles had hacked into his voicemails over a 10-year period to get scoops, he said on Monday. Grant, who is known internationally for roles in films such as "Four Weddings and a Funeral" and "Notting Hill", won substantial damages from MGN and will donate them to Hacked Off, a group that campaigns against press intrusion. Grant was one of the highest profile victims of phone-hacking by reporters, a practice that became widespread at some of Britain's fiercely competitive tabloids but was exposed during a major scandal in 2011.
U.S. private equity firm Blackstone Group LP is in advanced talks to buy a stake of about 55 percent in Thomson Reuters Corp's Financial and Risk business, a deal that would value the unit at around $20 billion (£14.2 billion) including debt, according to three sources familiar with the matter. Thomson Reuters' board, the sources said, is expected to meet on Tuesday to discuss Blackstone's offer for the F&R business, which supplies news, data and analytics to banks and investment houses around the world. The unit contributes more than half of Thomson Reuters' annual revenues.
The news that July day in 2005 sent shockwaves through corridors of power around the world: the crown prince of the Murdoch empire was out.
Can Comcast Deliver in 4Q17? Comcast (CMCSA) continues to improve its shareholder returns via strong share buybacks and regular dividend payments. At the end of September 2017, the company had paid back more than $2.4 billion worth of capital to its shareholders through buybacks and dividend payments compared to the $2 billion it paid back during the same period in 2016.
Rupert Murdoch's $15.7 billion takeover of European broadcaster Sky (Frankfurt: 893517 - news) should be blocked unless a way is found to prevent the media tycoon from influencing the network's news output, Britain's competition regulator said. The initial ruling complicates a separate plan by Walt Disney Co to buy the majority of Murdoch's assets, including Sky.
News Corp Executive Chairman Rupert Murdoch said if Facebook is serious about promoting “trusted content” and filtering fake news out of its news feed, it should pay publishers fees similar to those cable ...
Rupert Murdoch accused Facebook and Google of popularizing "scurrilous" news sources, says the social media giants to pay publishers for quality content
"Facebook and Google have popularized scurrilous news sources through algorithms that are profitable for these platforms but inherently unreliable," Murdoch, who controls the Wall Street Journal as executive chairman of News Corp (NWSA.O), said in a statement. Facebook Inc (FB.O) Chief Executive Mark Zuckerberg said on Friday his company would fight misinformation and sensationalism on its platform by using member surveys to identify "trustworthy" outlets.
News Corp today issued the following statement from Executive Chairman, Rupert Murdoch:
Feb.08 -- Twitter shares flew to a 28-month high after reporting their first-ever quarterly profit. Viacom, despite a revenue miss, rallied the most in a month on optimism about merger talks with CBS. News Corp reported a U.S. tax charge of $174 million. Bloomberg's Ramy Inocencio explains with his Bloomberg terminal charts you need to know on "Bloomberg: Daybreak Asia."