|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||38.24 - 40.81|
|52 Week Range||35.40 - 51.82|
|Beta (3Y Monthly)||0.29|
|PE Ratio (TTM)||5.18|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||0.36 (0.70%)|
|1y Target Est||50.29|
Bank of America Merrill Lynch on Wednesday initiated coverage of the new F ox Corporation (NASDAQ: FOXA ) with a bullish thesis on the stock, citing the new company’s proven TV network brands and its already ...
Fox also announced that it will hold its first investor conference as a slimmed-down company on May 9, 2019.
Moody's Investors Service ("Moody's") has withdrawn the debt ratings and outlook for 21st Century Fox America, Inc ("21CF" or "the company") as a result of TWDC Holdco 613 Corp.'s (New Disney) successful tender offer and consent solicitation to remove substantially all of the restrictive covenants and 21CF's reporting requirement. Pursuant to the offer, New Disney has exchanged almost all outstanding debt issued by 21CF for notes issued by TWDC HoldCo 613 Corp. (New Disney) (A2, stable outlook). Roughly 96% of debtholders participated in the exchange which will eliminate a material degree of the potential structural subordination of debt at Disney and New Disney.
NEW YORK and LOS ANGELES, March 20, 2019 /PRNewswire/ -- Fox Corporation (NASDAQ: FOXA, FOX) (the "Company") announced today that yesterday, pursuant to the combination merger agreement among Twenty-First Century Fox, Inc. ("21CF"), The Walt Disney Company ("Disney" – NYSE: DIS) and certain of their subsidiaries, the Company paid to 21CF a dividend in the amount of $8.5 billion. The final determination of the taxes in respect of the separation and distribution for which the Company is responsible pursuant to the combination merger agreement and a prepayment of the estimated taxes in respect of divestitures – referred to collectively as the transaction tax – was $6.5 billion.
Walt Disney Co. has closed its roughly $71 billion acquisition of Fox’s entertainment business, putting “Cinderella,” ‘’The Simpsons,” “Star Wars” and “Dr. Strange” under one corporate roof.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Anheuser-Busch InBev said four directors would leave at its ...
Fox Corp., which began trading as a standalone company Tuesday after a spinoff from 21st Century Fox, named directors including Paul Ryan, former speaker of the U.S. House of Representatives, to its board....
Shares of the entertainment empire spun off New Fox, which began trading separately, before Disney takes over the rest of the company.
Moody's Investors Service (Moody's) assigned an A2 senior unsecured rating to TWDC Holdco 613 Corp.'s (New Disney), newly issued notes which are being exchanged for notes of 21st Century Fox America, Inc. (21CF). New Disney's new notes are being exchanged for most of 21CF's outstanding bonds which will come to consolidated New Disney as part of the acquisition.
Stocks that moved substantially or traded heavily on Tuesday: DSW Inc., down $3.27 to $22.09 The footwear retailer surprised investors with a fourth-quarter loss. Michaels Cos., up $1 to $12.79 The arts ...
The new Fox Corp. (NASDAQ: FOXA ) began trading Tuesday after its spinoff from 21st Century Fox and named new directors for the company, including former Speaker of the House Paul Ryan. The new Fox includes ...
The Comcast Corporation is the second-largest cable television and broadcasting company in the world. The acquisitions and subsidiaries below have helped it to achieve this impressive status.
The new, slimmed-down Fox Corp. made its debut on the stock market on Tuesday as The Walt Disney Co. prepares to take over 21st Century Fox’s entertainment assets just after midnight Eastern time on Wednesday morning. Fox (NASDAQ: FOXA, FOX, FOXAV, FOXBV) is now a standalone company that produces and distributes news, sports and entertainment content through Fox News, Fox Sports, the Fox Network and the Fox Television Stations. The company also announced the addition of four new board directors, including former Speaker of the House Paul Ryan and Formula 1 chief Chase Carey.
The stand-alone Fox Corporation business has begun trading Tuesday, March 19, as Fox investors will now have clarity on where to find their ticker. Fox Corporation shares were trading down 3.25% Monday to $40.17 a share. , which Disney will officially own starting Wednesday, March 20, were trading down 3.66% to $40.17 a share Tuesday.
FOX News Channel will present a town hall with former Starbucks CEO and potential 2020 Independent presidential candidate Howard Schultz, co-anchored by Bret Baier and Martha MacCallum on Thursday, April 4th from 6:30-7:30PM/ET in Kansas City, Missouri.
Fox Corp debuted on the Nasdaq on Tuesday, marking a new phase for billionaire Rupert Murdoch's media business after the $71 billion sale of Twenty-First Century Fox Inc's film and television assets to Walt Disney Co. The company also appointed former U.S. House Speaker Paul Ryan, Chief Executive Officer of Formula One Group Chase Carey and two others to its board. Carey was president and chief operating officer at Twenty-First Century Fox from 2009 to 2015.
NEW YORK and LOS ANGELES, March 19, 2019 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) (the "Company" or "FOX") announced that the Company this morning became a standalone company and, when the markets open, will begin regular trading of its Class A and Class B Common Stock ("Common Stock") on Nasdaq Global Select Market under the symbols "FOXA" and "FOX," respectively. Twenty-First Century Fox, Inc. ("21CF") completed the separation of the Company through the distribution of all of the outstanding shares of the Company's Common Stock to 21CF stockholders (other than holders that were subsidiaries of 21CF) on a pro rata basis (the "Distribution").
NEW YORK, March 19, 2019 /PRNewswire/ -- Twenty-First Century Fox, Inc. ("21CF") (NASDAQ: TFCFA, TFCF) announced that it has today completed the distribution of all issued and outstanding shares of Fox Corporation ("FOX") common stock to 21CF stockholders (other than holders of the shares held by subsidiaries of 21CF) on a pro rata basis (the "Distribution"). 21CF and FOX are now each a standalone, publicly traded company. FOX Class A common stock and FOX Class B common stock are now listed on the Nasdaq Global Select Market ("Nasdaq") under the symbols "FOXA" and "FOX," respectively.
Beats CNN.com in Two Key Metrics and Marks Other Year-Over-Year Increases Across the Board
NEW YORK and BURBANK, Calif. , March 18, 2019 /PRNewswire/ -- Twenty-First Century Fox, Inc. ("21CF") (NASDAQ: FOXA, FOX) and The Walt Disney Company ("Disney") (NYSE: DIS) announced ...
Amazon Is Capitalizing on These Key AdvantagesDriving Prime membership uptakeAmazon (AMZN) teamed up with the Yankees and other investors to purchase the YES Network, Fox Business reported. YES is one of the nearly two dozen regional sports networks