|Bid||21.40 x 0|
|Ask||21.43 x 0|
|Day's Range||21.29 - 21.44|
|52 Week Range||16.60 - 22.62|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
21st Century Fox Executive Chairman Rupert Murdoch on the Disney deal to acquire 21st Century Fox's entertainment assets and the future of news and sports programming.
The White House switchboard operators keep a list of "cleared callers" who can be connected directly with the president, the magazine reported. The list includes Hannity, Rupert Murdoch and a host of billionaires, as well as Trump's family members who are not officials in the Trump administration.
News Corp posted a 6% gain in revenue for the March quarter, driven by strong results at its digital-real-estate and book-publishing units and the positive impact of foreign-currency fluctuations. At the company’s news and information-services business, which accounts for just under two-thirds of its top line, revenue rose 2% compared with the year-earlier quarter. Total revenue in the latest period was $2.1 billion.
News Corporation (NWSA) delivered sixth straight quarter of positive earnings surprise. However, sluggish print advertising demand still remains a concern.
Nvidia reported adjusted quarterly profit of $2.05 per share , well above the consensus estimate of $1.47 a share. The chipmaker's revenue also comfortably topped Wall Street's forecasts, with gaming revenue jumping 68 percent, and Nvidia also gave an upbeat current quarter forecast. Dropbox DBX – Dropbox came in 3 cents a share above estimates , with adjusted quarterly profit of 8 cents per share.
Robert Thomson, News Corp’s chief executive, began the company’s quarterly earnings call on Thursday by taking aim at Silicon Valley over data collection, transparency and the potential for “algorithmic abuse”. means that governments are rightly considering the establishment of an algorithm review board, which, if properly conceived, would provide the necessary transparency for individuals, clients and competitors concerned about algorithmic abuse,” Mr Thomson said.
News Corp and Telstra in March agreed to combine Foxtel and FOX SPORTS Australia, with the U.S. company holding a 65 percent stake in the combined entity. "The Foxtel-Fox Sports Australia consolidation is also expected to make circulation and subscription revenues the biggest revenue stream for News Corp for the first time," Chief Executive Officer Robert Thomson said on the call.
On a per-share basis, the New York-based company said it had a loss of $1.94. Earnings, adjusted for one-time gains and costs, were 6 cents per share. The publishing company whose flagship is The Wall ...
I am going to run you through how I calculated the intrinsic value of News Corporation (NASDAQ:NWSA) using the discounted cash flow (DCF) method. Anyone interested in learning a bitRead More...
predicts more than half of its profits from the current quarter onwards will stem from its digital real estate services and pay-TV businesses as the company places more focus on recurring subscription-based revenues. The expectation comes as the company reported better-than-forecast revenue in its fiscal third quarter thanks to its digital real estate business.
Although various micro and macro issues have overshadowed the current reporting cycle to an extent, it is on track to record one of the best quarterly performance.
News Corp (NWSA) diversifies revenue streams through strategic buyouts and operational enhancement. Soft print advertising remains a deterrent.
For News Corporation’s (NASDAQ:NWS) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. The beta measures NWS’sRead More...
Cricket Australia has signed a new six-year broadcast agreement worth A$1.2 billion ($935 million), the board said on Friday, allaying fears of a financial blow in the wake of last month's ball-tampering scandal in South Africa. Broadcaster Seven West Media and pay television company Foxtel, which is jointly owned by News Corp and Telstra Corp, secured the media rights, taking over from long-term cricket broadcaster Nine Entertainment . The deal was negotiated amid the fallout from the test match in South Africa during which Australia's players hatched a plan to tamper with the ball, only to be caught by cameras.
Broadcaster Seven West Media said on Friday that it has been informed by Cricket Australia that it is the successful bidder for cricket broadcast rights, along with pay television company Foxtel. Seven West said in a statement that contracts are being finalised but have not yet been signed. Seven West was responding to an article in The Australian newspaper, which said Cricket Australia was expected to receive more than A$1 billion ($776 million) over six years as part of the deal.
Apple (AAPL) is acquiring Next Issue Media, the owner of digital magazine subscription service Texture. Next Issue Media was founded in 2009 as a joint venture of several publishers such as Condé Nast, Hearst Magazines, and News Corporation (NWSA). Next Issue Media launched Texture in 2010, allowing consumers to access more than 200 magazine titles in one place. A Texture subscription costs $9.99 per month.
Short interest is extremely low for NWS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NWS. Over the last one-month, outflows of investor capital in ETFs holding NWS totaled $16.45 billion.
How far off is News Corporation (NASDAQ:NWS) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is fairlyRead More...
Next Issue Media is known for giving users unlimited access to their favorite magazine titles through its monthly, multi-title subscription service.
From here, it simply looks like Zillow Group, Inc. (NASDAQ:Z, NASDAQ:ZG) picked the wrong day to report earnings. Zillow stock is declining roughly 3% despite a strong Q4 earnings release on Thursday afternoon. Revenue growth came in moderately ahead of expectations, and 2018 guidance looks strong as well.
A year ago, News Corp was hit hard by an impairment charge and asset-write down. On an adjusted basis excluding this charge, the company earned 24 cents per share, beating the Wall Street consensus estimate of 19 cents per share, according to Thomson Reuters. News Corp’s sales were higher than the $2.13 billion that analysts polled by Thomson Reuters were calling for thanks in part to an improvement in its digital real estate unit, despite weakness in its advertising business.
Rupert Murdoch’s $52 billion sale of a big chunk of 21st Century Fox Inc. to Walt Disney Co. is a turning point in the media mogul’s career, spanning more than 60 years and most of the planet’s continents....