FOXA - Twenty-First Century Fox, Inc.
| Previous Close | 45.95 |
| Open | 45.86 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 4000 |
| Day's Range | 45.46 - 46.05 |
| 52 Week Range | 24.81 - 50.15 |
| Volume | 5,576,132 |
| Avg. Volume | 10,059,712 |
| Market Cap | 84.608B |
| Beta (3Y Monthly) | 0.64 |
| PE Ratio (TTM) | 19.06 |
| EPS (TTM) | 2.40 |
| Earnings Date | Nov 6, 2018 - Nov 12, 2018 |
| Forward Dividend & Yield | 0.36 (0.79%) |
| Ex-Dividend Date | 2018-09-11 |
| 1y Target Est | 50.05 |
- American City Business Journals•12 hours ago
Will Amazon, Facebook, Twitter spend to acquire sports programming rights?
All of the TV networks — CBS, ESPN, Fox, NBC, Turner Sports — lined up when the PGA of America started negotiations for the PGA Championship two years ago. “They kicked the tires,” said PGA of America CEO Seth Waugh of digital and tech companies Amazon, Facebook, Twitter and others.
- Business Wire•13 hours ago
FOX Nation Announces Daily Short-Form Programming Slate
Conservative Firebrand Britt McHenry and “Tyrus” to Co-host ‘UN-PC’
Market Realist•yesterdayWhat Is Disney Doing to Get Regulatory Approval for Fox Deal?
On October 15, Walt Disney (DIS) announced that it had offered concessions to the European Commission on October 12 to help resolve the European Union’s (EZU) antitrust concerns and accelerate the approval process of its $71.3 billion acquisition deal with 21st Century Fox (FOXA), according to Reuters. Disney initially made a bid of $52.4 billion to buy Fox’s media and entertainment assets in December 2017, but US cable company Comcast (CMCSA) intervened with its $65 billion offer to purchase these assets from Fox. The fight over the Fox assets came to an end in July after Comcast decided to withdraw from the bidding war for Fox assets and focus on buying a 61% stake in London-based Sky.
- Benzinga•2 days ago
This Day In Market History: Disney's Predecessor Cartoon Studio Kicks Off
Walt Disney kicked off his animation career in California in 1923, with the debut of his “Alice Comedies," a cartoon series about Alice’s Wonderland. During a period of reinvention, the studio changed its name to the Walt Disney Co. in 1986, heralding what’s now known as the Disney Renaissance.
- Simply Wall St.•2 days ago
Does Twenty-First Century Fox Inc’s (NASDAQ:FOXA) Past Performance Indicate A Stronger Future?
When Twenty-First Century Fox Inc (NASDAQ:FOXA) released its most recent earnings update (30 June 2018), I wanted to understand how these figures stacked up against its past performance. The two Read More...
- Reuters•2 days ago
Disney offers EU antitrust concessions over $71.3 bln Fox deal
Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's entertainment assets, the European Commission said on Monday. Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer's website which however did not provide details. The Commission extended its deadline for reviewing the deal to Nov. 6 from Oct. 19.
- American City Business Journals•2 days ago
Disney offers concessions for EU approval on Fox acquisition
The European Commission has extended the deadline for its review of the deal from Oct. 19 to Nov. 11.
Reuters•2 days agoDisney offers EU antitrust concessions over $71.3 billion Fox deal
Walt Disney (DIS.N) has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's (FOXA.O) entertainment assets, the European Commission said on Monday. Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer's website which however did not provide details. The Commission extended its deadline for reviewing the deal to Nov. 6 from Oct. 19.
- American City Business Journals•3 days ago
Sony stays atop weekend box office with ‘Venom’
“Bad Times at the El Royale” debuted outside the top five, while “Beautiful Boy” got off to a beautiful start in limited release.
- Bloomberg•5 days ago
Fox Bondholders Are Pushing Back on Disney’s Exchange Offer
Disney has offered to pay holders of $18.1 billion of Fox debt a small fee in exchange for their giving up bondholder protections known as covenants, according to research service Covenant Review. The group of noteholders, represented by corporate debt trade group Credit Roundtable, is working with investment bank Houlihan Lokey to help advise it, said David Knutson, a buyside analyst who is a co-leader of the advisory board to the Credit Roundtable. The group’s biggest objection is being unable to trade the bonds until the Disney acquisition closes, he added.
Market Realist•6 days agoHow Comcast’s Sky Deal Could Affect Disney-Fox Deal
In June, the Walt Disney Company (DIS) agreed to buy entertainment assets of Rupert Murdoch’s Twenty-First Century Fox (FOXA) for $71.3 billion. After the sale of a 39% stake in Sky to Comcast (CMCSA), Disney remains on track to purchase Fox’s film and TV studio assets, as well as FX, Fox Sports Regional Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, and others.
- InvestorPlace•6 days ago
Comcast Stock Has Become Wall Street’s Quicksand
Comcast (NASDAQ:CMCSA) is playing a dangerous game of risking irrelevancy. Management announced that it had won its bid for European pay-TV provider Sky (OTCMKTS:SKYAY). Clearly, for CMCSA stock to gain back investor favor, the company had to do something.
- American City Business Journals•6 days ago
Pocket.watch repackages YouTube shows for Hulu, Amazon
With tens of millions of subscribers across its YouTube channels, pocket.watch is repackaging its most popular videos into 22-minute episodes and putting them on Hulu and Amazon with an eye toward selling them internationally as well. The company is also producing a new series called “Digital Superstars,” which brings viral videos and popular kids clips together from all of pocket.watch's YouTube creator partners as well as “Challenge Squad.” The first 26 22-minute episodes will be available for distribution globally this winter.
Market Realist•6 days agoHow Netflix Can Meet Its International Membership Outlook in Q3
Can Netflix Deliver in Q3 2018? Netflix (NFLX) appears to be focused on its international market growth by investing in local content. Netflix expects to finish the third quarter with ~72.9 million paid members.
- Reuters•6 days ago
FT says James Murdoch in line for Tesla chair. Musk reply: incorrect
SAN FRANCISCO/BOSTON (Reuters) - Elon Musk replied with a Tweet saying: "This is incorrect" after the Financial Times reported that outgoing Twenty-First Century Fox Inc (FOXA.O) Chief Executive James Murdoch was the lead candidate to replace him as Tesla Inc (TSLA.O) chairman. Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators after Musk tweeted in August that he had secured funding to take the electric car maker private. The SEC settlement capped months of debate and some investor calls for stronger oversight of Musk, whose recent erratic public behavior raised concerns about his ability to steer the money-losing company through a rocky phase of growth.
- American City Business Journals•6 days ago
Fewer protests help NFL ratings get to strong start
League and broadcast executives had to be thinking “here we go again” as the NFL kicked off its season with a lightning delay that ensured low ratings for its opening game. A moribund preseason had registered a double-digit viewership drop, and after regular-season viewership had dropped 18 percent over the last two seasons, the NFL Kickoff game between the Eagles and the Falcons posted viewer numbers that were down 13 percent compared to the previous year. When that game was followed by a taunting tweet from President Donald Trump, sports executives steeled themselves for another tough season on the ratings front where they, again, would have to answer questions about the NFL’s long-term health prospects.
Market Realist•7 days agoWhy Analysts Are Positive on Comcast Stock
Of the 24 analysts covering Comcast (CMCSA), 17 have rated the stock a “buy.” Seven have rated it a “hold,” and none have rated it a “sell.” Comcast’s victory of a 61% stake in Sky over Twenty-First Century Fox (FOXA) and the acquisition of a 39% stake from Fox and the Walt Disney Company (DIS) have probably made analysts positive. It seems that analysts are confident that Comcast will get full ownership of London-based Sky. Comcast is trading at $35.18 as of October 8, which is an 18.2% discount to its consensus median target estimate.
Reuters•7 days agoFT says James Murdoch in line for Tesla chair. Musk reply: incorrect
SAN FRANCISCO/BOSTON (Reuters) - Elon Musk replied with a Tweet saying: "This is incorrect" after the Financial Times reported that outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch was the lead candidate to replace him as Tesla Inc chairman. Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators after Musk tweeted in August that he had secured funding to take the electric car maker private. The SEC settlement capped months of debate and some investor calls for stronger oversight of Musk, whose recent erratic public behavior raised concerns about his ability to steer the money-losing company through a rocky phase of growth.
Reuters•7 days agoFT says James Murdoch in line for Tesla chair. Musk reply: incorrect
SAN FRANCISCO/BOSTON (Reuters) - Elon Musk replied with a Tweet saying: "This is incorrect" after the Financial Times reported that outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch was the lead candidate to replace him as Tesla Inc chairman. Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators after Musk tweeted in August that he had secured funding to take the electric car maker private. The SEC settlement capped months of debate and some investor calls for stronger oversight of Musk, whose recent erratic public behavior raised concerns about his ability to steer the money-losing company through a rocky phase of growth.
Reuters•7 days agoFT says Murdoch in line for Tesla chair. Musk reply - incorrect
Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators in the wake of Musk tweeting in August that he had secured funding to take the electric car maker private. The SEC settlement capped months of debate and some investor calls for stronger oversight of Musk, whose recent erratic public behaviour raised concerns about his ability to steer the money-losing company through a rocky phase of growth.
- Reuters•7 days ago
James Murdoch in line to replace Musk as Tesla chairman - FT
Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators in the wake of Musk tweeting in August that he had secured funding to take the company private. The U.S. Securities and Exchange Commission, which said the statement was fraudulent, allowed the billionaire to retain his role as CEO while stripping him of his chairmanship and imposing a penalty of $20 million on each party. Murdoch, who is a nonexecutive director of Tesla, has signalled he wants the job, the report said.
- Reuters•7 days ago
James Murdoch in line to replace Musk as Tesla chairman -FT
SAN FRANCISCO/BOSTON, Oct 10 (Reuters) - Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported on Wednesday, citing two people briefed on the discussions. Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last month between Tesla, Musk and U.S. regulators in the wake of Musk tweeting in August that he had secured funding to take the electric car maker private. The settlement capped months of debate and some investor calls for stronger oversight of Musk, whose recent erratic public behavior raised concerns about his ability to steer the money-losing company through a rocky phase of growth.
- MarketWatch•7 days ago
James Murdoch a 'favorite' to replace Elon Musk as Tesla chairman: report
James Murdoch is "the favorite" to replace Elon Musk as Tesla Inc. chairman, The Financial Times reported Wednesday, citing two people briefed on the discussions. Removing Musk as Tesla chairman was part of a settlement with the Securities and Exchange Commission to end charges Musk had misled investors when he tweeted Aug. 7 he had "funding secured" to take Tesla private. Musk is known for favoring another board member, Antonio Gracias, but has been warned Gracias might not be considered independent enough, the report said. Another source said that external people are still being considered, the report said. The people familiar with the discussions said Murdoch has signaled he wanted to take on the role, the FT said. Murdoch has said he will step down as chief executive of 21st Century Fox when the company completes the sale of its entertainment assets to Walt Disney Co. Fox News-parent 21st Century Fox and MarketWatch-parent News Corp. share common ownership.
Market Realist•8 days agoComcast Enters the $100 Billion Debt Club with Sky Deal
On October 2, Bloomberg reported that what Comcast (CMCSA) is borrowing to acquire Sky will put the company in the $100 billion debt club. Comcast’s debt level would nearly double to $114 billion, placing it after telecommunications providers AT&T (T) and Verizon (VZ). As we saw in the previous parts of this series, Comcast won the bidding war against Twenty-First Century Fox (FOXA) for 61% of London-based broadcaster Sky.
Market Realist•8 days agoComcast Is Selling Bonds to Fund the Sky Acquisition
As of October 2, Comcast (CMCSA) has sold unsecured bonds worth $27 billion to finance its $38.8 billion purchase of 61% of Sky. Comcast’s deal was also the fourth-largest debt sale in the United States after Verizon (VZ), Anheuser-Busch InBev, and CVS. According to the Financial Times, Comcast sold $27 billion of bonds in 12 parts of floating and fixed bonds with maturities of two to 40 years.
