FOX - Twenty-First Century Fox, Inc.
44.70 +0.05 (0.11%)
Pre-Market: 8:00AM EDT
| Previous Close | 43.89 |
| Open | 44.04 |
| Bid | 40.57 x 4000 |
| Ask | 44.80 x 800 |
| Day's Range | 44.04 - 44.67 |
| 52 Week Range | 24.30 - 49.65 |
| Volume | 3,520,126 |
| Avg. Volume | 4,570,628 |
| Market Cap | 83.189B |
| Beta | 0.71 |
| PE Ratio (TTM) | 18.57 |
| EPS (TTM) | 2.40 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.36 (0.82%) |
| Ex-Dividend Date | 2018-09-11 |
| 1y Target Est | 45.00 |
Yahoo Finance•22 hours agoStocks down as China walks away from trade talks
Controversy continues to surround the Kavanaugh nomination
- The Wall Street Journal•13 hours ago
[$$] Comcast Shares Slide After Regulators Accept Sky Bid
Shares of Comcast Corp. fell Monday after the cable company won a bid over the weekend to gain control of European pay-TV giant Sky PLC. Comcast’s offer of £17.28 ($22.59) a share surpassed 21st Century Fox Inc.’s highest bid of £15.67 a share after three rounds of bidding Saturday, in a rare auction held by British regulators. Comcast’s winning bid, valued at $38.8 billion, was up 40.1% above its initial bid of £12.50 a share in February and Fox’s initial £10.75-a-share bid in December 2016.
- Motley Fool•16 hours ago
What Happened in the Stock Market Today
Two merger deals made headlines, with Comcast winning an auction for Sky and Sirius XM buying Pandora Media.
- InvestorPlace•19 hours ago
21st Century Fox Will Come Out on Top of This Tangled Media Web
21st Century Fox (NASDAQ:FOX) looks like a loser today, but as Bob Dylan wrote many years ago, the loser now is later to win. Comcast’s (NASDAQ:CMCSA) victory over Fox in the battle for Sky (OTCMKTS:SKYYY) will cost it $39 billion, and the company hopes to complete that deal in October. This is compounded by the fact Disney owns 39% of Sky through Fox stock, making it harder for Comcast to win a majority vote of Sky stockholders to approve the deal. Add in Sky (Fox owns roughly 40% of Sky, which is $15 billion), and the result values Fox, in cash and Disney stock, at about $86 billion, minus the debt Disney inherited from Fox.
- Zacks•19 hours ago
Why Did Disney (DIS) & Netflix (NFLX) Stock Jump Monday?
Shares of Disney (DIS) and Netflix (NFLX) surged Monday for completely different reasons. Yet their climbs highlight how important the streaming industry is and helps set up what will likely be years of comparison between the two media powers.
- Moody's•20 hours ago
21st Century Fox America, Inc -- Moody's says Disney bondholders should view the outcome of Comcast winning the Sky sweepstakes as credit positive
Moody's Investors Service ("Moody's") says Twenty-First Century Fox, Inc., parent of 21st Century Fox America, Inc. (Baa1, on review for upgrade) lost in a one-day final auction for Sky plc (Baa2, developing outlook), after a final round sealed bid losing to Comcast Corporation (A3, stable) by a considerable margin, and with the Sky board recommending that shareholders tender their shares to Comcast. Since The Walt Disney Company (A2, on review for downgrade) is in the process of acquiring the majority of Fox's assets (including its stake in Sky) for $70.4 billion in stock, debt-financed cash plus the assumption of Fox's debt, Disney in effect lost in the auction for Sky as well.
- InvestorPlace•22 hours ago
There Is Life After Fox. Disney Stock Is Free to Run Higher Now.
Disney (NYSE:DIS) has been in competition with Comcast (NASDAQ:CMCSA) over buying assets from Twenty-First Century Fox (NASDAQ:FOXA) for a while. This morning, we learned the final result and Comcast prevailed in the bidding process. Disney stock is rallying on the news … and therein lies an opportunity.
- Benzinga•23 hours ago
Oppenheimer Downgrades Comcast After $40B Sky Bid, Projects Increasing Competitive Pressure
Just a few short months ago, Comcast Corporation (NASDAQ: CMCSA) conceded in the race for Twenty-First Century Fox (NASDAQ: FOXA) assets and redirected its focus to British media conglomerate Sky Plc. (OTC: SKYAY). The downgrade is driven largely by a relatively high new pro forma valuation and an expected increase in competitive pressure from new technology, Horan said in the Monday downgrade note. One key valuation driver surrounds 5G wireless and its competitive threat to wireline broadband, Horan said.
- The Wall Street Journal•23 hours ago
[$$] Sky Takeover Explained
In the fiscal year to the end of June, Sky had revenue of £13.59 billion and a pretax profit of £864 million. Comcast is an American cable juggernaut that owns NBCUniversal as well as the Xfinity cable and telecommunications service. Fox is an American TV and entertainment group that owns a 39% stake in Sky.
- Yahoo Finance Video•yesterday
Yahoo Finance Live: Midday Movers - Sep 24th, 2018
Yahoo Finance's LIVE stock market coverage and analysis.
