NWS - News Corporation
| Previous Close | 13.87 |
| Open | 13.94 |
| Bid | 0.00 x 3200 |
| Ask | 0.00 x 900 |
| Day's Range | 13.78 - 14.06 |
| 52 Week Range | 10.85 - 15.01 |
| Volume | 675,177 |
| Avg. Volume | 563,115 |
| Market Cap | 8.099B |
| Beta (3Y Monthly) | 1.15 |
| PE Ratio (TTM) | 53.50 |
| EPS (TTM) | 0.26 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.20 (1.47%) |
| Ex-Dividend Date | 2019-09-10 |
| 1y Target Est | N/A |
- Business Wire
HarperCollins to Publish Tiger Woods Memoir Globally
HarperCollins Publishers today announced it has acquired world rights to Back, the first-ever memoir authored by Tiger Woods, one of the most storied and accomplished athletes in history. The deal was negotiated by Executive Editor Shannon Welch at HarperOne and Judith Curr, President and Publisher, HarperOne Group. The book will be published across all HarperCollins locations worldwide.
- PR Newswire
I Owe U: Student Debt Total Reaches $1.5 trillion, Nearly Doubles U.S. Housing Market
The average student loan borrower owes more than the typical down payment for a home; Millennial debt totals $498 billion SANTA CLARA, Calif. , Oct. 15, 2019 /PRNewswire/ -- Realtor.com ® , The Home of ...
- Insider Monkey
Hedge Funds Aren’t Crazy About News Corp (NWS) Anymore
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
- PR Newswire
Housing Trends Foreshadow Housing Shortage Ahead
Data show increased demand from lower mortgage rates prompted a 10 percent year-over-year decrease in available homes under $200,000 and halted 18 months of inventory gains in the mid-market last month. National inventory of homes for sale continued to decline in September, posting a 2.5 percent decrease over this time last year, and a faster rate of decline compared to August's 1.8 percent decrease. After 18 months of solid inventory growth, mid-market homes priced between $200,000 and $750,000 -- which make up the largest segment of inventory -- flatlined in September with 0 percent growth and are poised for their first decline next month.
- American City Business Journals
MediaMath launches new platform to 'clean up' digital media supply chain
Partners on the initiative include the Rubicon Project, Telaria, Acoustic, Akamai, Business Insider, Crackle Plus, Havas Media, IBM Watson, Inscape/Vizio, IRIS.TV, News Corp, Octopus Interactive, Oracle Data Cloud, Publishers Clearing House and White Ops.
- Business Wire
Statement of Robert Thomson, Chief Executive of News Corp, on the Launch of Apple News+ in the UK and Australia
News Corp Chief Executive Robert Thomson has commented on the launch of Apple News+ in the United Kingdom and Australia and the inclusion of News Corp publications from its News UK and News Corp Australia businesses, including The Times and The Sunday Times in the UK, and The Australian, The Daily Telegraph, the Herald Sun and other publications in Australia.
- Barrons.com
Don’t Blame Market Makers for Volatility, a New Study Says
Citadel Securities looked into whether stock-trading liquidity has declined and aggravated the market’s mood swings. The firm concludes it has not.
- PR Newswire
U.S. Navy Veteran Wins $75,000 Veteran Homebuyer Giveaway
SANTA CLARA, Calif., Sept. 27, 2019 /PRNewswire/ -- Realtor.com® and Veterans United Home Loans announced that recently retired U.S. Navy Veteran, Chief Gunner's Mate Rico Baker has won the $75,000 prize (less tax withholding) in the Veterans United Home Loans and realtor.com® Home Giveaway Sweepstakes. Baker, who is returning home to his roots in Oklahoma, is a third generation member of the Navy. In his 20 years of service, Baker served in three deployments and seven duty stations around the world, including South America and the Persian Gulf.
- PR Newswire
The "Black Friday" of Homebuying is Almost Here
The first week of Fall is the best time of the year to buy a home. It offers buyers less competition, more price reductions and greater inventory SANTA CLARA, Calif. , Sept. 19, 2019 /PRNewswire/ -- Many ...
- PR Newswire
Rx Savings Solutions Partners With News Corp
Healthcare transparency software will help thousands of employees manage prescription drug spend OVERLAND PARK, Kan. , Sept. 17, 2019 /PRNewswire/ -- Rx Savings Solutions has partnered with News Corp ...
- Market Realist
EU Court: Google’s $1.1 Billion German Copyright Fee Unenforceable
According to an EU court ruling, Google (GOOGL) will not have to pay a $1.1 billion copyright fee that a German publishing group demanded.
- Market Realist
Google: Is Its News Service Trying to Get ahead of News Corp?
Google (GOOGL) updated its online news search technology to prioritize original reporting when returning search results.
- GuruFocus.com
News Corp (NWS) Deputy CFO Kevin Halpin Sold $503,792 of Shares
Deputy CFO of News Corp (30-Year Financial, Insider Trades) Kevin Halpin (insider trades) sold 34,937 shares of NWS on 09/10/2019 at an average price of $14.42 a share. Continue reading...
- Business Wire
News Corp to Participate in Goldman Sachs 28th Annual Communacopia Conference
News Corp announced today that Tracey Fellows, President for Global Digital Real Estate for News Corp and Acting CEO of Move, Inc., will participate in the Goldman Sachs 28th Annual Communacopia Conference on Wednesday, September 18, 2019, to be held in New York, NY.
- PR Newswire
U.S. Housing Inventory Declines for First Time in a Year
SANTA CLARA, Calif., Sept. 10, 2019 /PRNewswire/ -- Realtor.com®, The Home of Home Search™, today released its August 2019 housing trend report, which registered the first U.S. inventory decline in a year. Conversely, August data also shows an earlier than usual seasonal slowdown in the national median listing price as consumers react to news of economic uncertainty. "The state of the housing market as we head into the latter half of 2019 is a tug of war between increased affordability and economic anxiety.
- Bloomberg
Serve the Community? Companies Always Have
(Bloomberg Opinion) -- What’s the Business Roundtable up to? The Washington-based nonprofit organization’s members are nearly 200 of the country’s top chief executives. In August, it updated its statement on the purpose of a corporation. Gone was any mention of “shareholder primacy.” In its place was a list of “stakeholders” whom corporations exist to serve, with shareholders listed behind customers, employees, suppliers and “communities.”Left-wing columnist Katrina vanden Heuvel called the statement a “sudden burst of conscience” and “a concession that corporations have failed to serve the public good.” Critics on the right see the statement as a concession to the left, too -- and deplore it accordingly. The editorialists of the Wall Street Journal have taken several shots, writing that the statement panders to critics such as Senator Elizabeth Warren, and that the CEOs “are fooling themselves if they think this new rhetoric will buy off Ms. Warren and the socialist left.” The Journal’s response to the Business Roundtable included excerpting Milton Friedman’s classic essay, “The Social Responsibility of Business Is to Increase Its Profits.”But the Roundtable’s statement isn’t so much a concession that corporations need to change their ways as it is a description of what they already do.That vanden Heuvel is guilty of ideological projection is obvious if one actually reads the statement. “Businesses play a vital role in the economy by creating jobs, fostering innovation and providing essential goods and services,” the group says. That sounds a lot like saying that corporations … serve the public good.Friedman’s argument, meanwhile, was more qualified than it is remembered for being. Shareholders own the company, he wrote. The CEOs’ “responsibility is to conduct the business in accordance with their desires, which generally will be to make as much money as possible while conforming to the basic rules of the society, both those embodied in law and those embodied in ethical custom.” Assume that shareholder desires and the unlegislated rules of society include that companies serve the public, and there’s nothing in that Friedman claim that’s incompatible with the Roundtable’s statement.It must also be said that, great man though Friedman was, the essay contained large doses of dogmatism. He suggests that any time a company aims to do good rather than increase its profit- such as when a company hires the “hardcore” unemployed over better-qualified people - it engages in charity that should be left to individuals or governments. In his own example, though, neither individuals nor governments can as easily attain the good that the company can: getting people into private-sector jobs. When businessmen say that in their work they recognize responsibilities other than profit, Friedman writes, they are “preaching pure and unadulterated socialism.” At best, that’s hyperbole.Companies are complex social institutions with many purposes. One could truthfully say that the Wall Street Journal’s purpose is to make money for owners of News Corp stock - and, indeed, that its management has a legal duty to seek that goal. But that description of its purpose is foolishly reductive. Not every decision made by its employees or even its managers is designed to increase profit. Its editorial page employees, I’d bet, believe that enlightening readers and exerting a positive influence on public debate are worthwhile and proper goals.The CEOs of other companies make comparable judgments about their own enterprises. That’s no doubt why nearly all of the roundtable’s members signed the new statement. (Of the seven non-signers, two don’t have shareholders and thus had no reason to comment on shareholder primacy.)Josh Bolten, the president of the organization, tells me that the members were most concerned about the misperception that they were obsessed with short-term share prices. Appeasing Senator Warren – or Katrina vanden Heuvel – doesn’t appear to have been on their minds. The executives want to defend free enterprise. But will that defense be more successful if it is done in the name of a conception of business that is both simplistic and not even believed by business leaders themselves? The country’s leading CEOs have given their answer, and it’s hard to disagree.To contact the author of this story: Ramesh Ponnuru at rponnuru@bloomberg.netTo contact the editor responsible for this story: Tobin Harshaw at tharshaw@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Ramesh Ponnuru is a Bloomberg Opinion columnist. He is a senior editor at National Review, visiting fellow at the American Enterprise Institute and contributor to CBS News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Zacks
The Zacks Analyst Blog Highlights: Alphabet, Facebook, Twitter, News Corp and Apple
The Zacks Analyst Blog Highlights: Alphabet, Facebook, Twitter, News Corp and Apple
- Zacks
Alphabet Roundup: Hong Kong, News Competitor, Waymo, Privacy, Kids, Assistant
Alphabet has been busy thwarting the Hong Kong influence campaign, opening up Waymo data for licensing, suggesting privacy standards, dealing with kids and outdoing other personal assistants.
- PR Newswire
Realtor® Good Neighbor Award Finalists Honored for Impactful Volunteer Work
WASHINGTON, Aug. 28, 2019 /PRNewswire/ -- The National Association of Realtors® has honored 10 Realtors®, members of the National Association of Realtors®, as finalists for its 2019 Good Neighbor Awards. This award honors Realtors® who have made a positive impact on their communities through extraordinary volunteer service. This year marks the 20th year the Good Neighbor Awards program has recognized Realtor® volunteers.
- PR Newswire
Home Buyers Gear Up for Potential 2020 Recession
SANTA CLARA, Calif., Aug. 28, 2019 /PRNewswire/ -- An increasing number of home buyers expect a U.S. recession in the next three years, according to new survey data released today from realtor.com®, the Home of Home Search℠. Although they remain optimistic that it will be milder than the Great Recession, more than half of current home shoppers expect to put their home search on hold until the economy recovers. More than 36 percent of the 755 active buyers surveyed by Toluna Research this month expect the next recession to begin sometime in 2020.
- Market Realist
Can Knewz by News Corp Challenge Google’s Ad Business?
News Corp (NWSA), a longtime Google (GOOGL) critic, wants to take Google on in the online news distribution space. Here's how.
- Reuters
News Corp developing 'Knewz.com' service to take on Google News: WSJ
It will draw from hundreds of news sources, including national outlets such as The Wall Street Journal, New York Times, the Washington Post and NBC News, digital-native players, magazine publishers and local newspapers, the Journal said. News Corp, which owns Dow Jones Newswires, HarperCollins book publishing business and the Wall Street Journal, did not immediately respond to a request for comment.
- PR Newswire
The Top U.S. Destinations For Movers Aren't Where You Think
Medium-sized metros offering relative affordability, strong employment and large boomer populations entice the most out-of-state buyers SANTA CLARA, Calif. , Aug. 21, 2019 /PRNewswire/ -- The typical home ...
- PR Newswire
House Poor, No More
Realtor.com®, the Home of Home Search℠, today announced an industry-first monthly payment filter that helps buyers stick to their budget by hiding homes that exceed their target monthly payment, as well as two new calculators that help take the financial guesswork out of home buying. "At realtor.com®, we go beyond listings search to help people figure out what homes are right for both their lifestyle and budget," said Chung Meng Cheong, chief product officer, realtor.com®. "How Much Home Can I Afford?" Calculator for iOS, Android, and Web: Helps estimate your ideal home budget.
