|Bid||18.880 x 0|
|Ask||18.890 x 0|
|Day's Range||18.860 - 18.970|
|52 Week Range||17.670 - 22.620|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The following companies are planned to move to a new industry sector as of Monday as part of the largest-ever shakeup of the Global Industry Classification Standard. The S&P telecommunications services ...
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as News Corporation (NASDAQ:NWSA), with a market cap of US$7.34b, often get neglectedRead More...
Gerson Zweifach, the lawyer who guided billionaire Rupert Murdoch and his family through the British phone-hacking scandal, will step down as general counsel of 21st Century Fox Inc. once the media company completes its $71 billion asset sale to Walt Disney Co. Zweifach, 65, has served alongside Murdoch since since 2012. “Gerson is one of the brightest legal minds in the business and has been instrumental in our growth,” Rupert and Lachlan Murdoch, the company’s executive chairmen, said in a statement.
News Corp (NWSA) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
is going to kill the cable companies, right? Sure, cord-cutting has led to declines in video subscribers, but Comcast, for instance, has had its highest broadband net additions in 10 years during the second quarter, as the company shifts emphasis from cable to the "connectivity" business.
Short interest is low for NWS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $4.28 billion over the last one-month into ETFs that hold NWS are not among the highest of the last year and have been slowing.
News Corp's deal to consolidate Foxtel has been anticipated for months, and the controlling company intends to return its new division to growth, Gould said in the upgrade note. News Corp's recent $210-million acquisition of the real estate technology company Opcity follows the $750-million it paid for 80 percent of Realtor in 2014.
Rupert Murdoch’s News Corp. doesn’t want to buy the New York Daily News, despite a report that the media baron, who already owns the New York Post, wants to acquire a crosstown rival after almost a century of competition. “We have no interest whatsoever in the Daily News,” Jim Kennedy, a News Corp. spokesman, said in an email. Media analyst Ken Doctor, citing an unnamed source, reported Wednesday that Murdoch is looking to purchase the paper.
In a bid to widen News Corp's (NWSA) presence in the digital real-estate market, its subsidiary -- Move -- inks a $210-million deal to acquire Opcity.
Short interest is low for NWS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, ETFs holding NWS are favorable, with net inflows of $5.78 billion.
News Corp’s subsidiary Move Inc., operator of realtor.com, has agreed to acquire real-estate technology platform Opcity for $210 million, as the media and information services company looks to increase ...
Could Rupert Murdoch unite New York’s two major tabloids after nearly a century of competition? The billionaire’s publishing arm, News Corp., already owns the New York Post, a property it bought in 1976. The turn of events would be set in motion by the potential breakup of the Daily News’ current owner, Tronc Inc. Investment firm Donerail Group, backed by Starboard Value veteran William Wyatt, is preparing to acquire Tronc’s 10 daily newspapers and possibly sell them to individual buyers, Doctor said.
Short interest is low for NWS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $3.15 billion over the last one-month into ETFs that hold NWS are not among the highest of the last year and have been slowing.
Rupert Murdoch’s News Corp. fell the most in more than five years after the company said it will invest more in its Australian cable network. On an earnings call Thursday, Chief Financial Officer Susan Panuccio said there will be “some short-term reinvestment required” at the business, called Foxtel, to attract subscribers, as well as added costs associated with a new streaming service and cricket broadcast rights. News Corp. shares sank almost 11 percent to $13.63 in New York, their biggest drop since the company split from Murdoch’s 21st Century Fox Inc. in June 2013, after being down 5.9 percent this year through Thursday.
News Corp. reported adjusted quarterly profit of 8 cents per share , two cents above estimates. The Wall Street Journal publisher also saw revenue top forecasts, thanks to growth in real estate listings, book publishing, and subscription video services. Tesla TSLA – Tesla's board of directors will meet with financial advisors next week to discuss CEO Elon Musk's proposal to take the company private, according to sources.