|Bid||10.96 x 3100|
|Ask||15.47 x 4000|
|Day's Range||12.99 - 13.26|
|52 Week Range||10.65 - 14.66|
|Beta (3Y Monthly)||1.47|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||0.20 (1.56%)|
|1y Target Est||14.55|
News Corp announced today that Senior Vice President and Head of Investor Relations Michael Florin will participate in the UBS Global TMT Conference on Tuesday, December 10, 2019, to be held in New York, NY.
At a time when millennials are reaching key life milestones, the U.S. housing market will continue to slow in 2020 as inventory reaches historic lows and economic uncertainty prompts consumers to pull back on their spending, according to the realtor.com® 2020 housing forecast released today.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 26% in 2019 (through November 22nd). Conversely, hedge […]
News Corp announced today that David Kline will become Chief Technology Officer, beginning in January. He will succeed Marc Frons, who has held the post since 2016.
KEY WORDS Sarah Sanders has been called a lot of things — but “liar” is what really gets under her skin. The former White House press secretary told the New York Times that she was “attacked for everything” while working in the Oval Office, but questions about her truthfulness have rankled her the most.
SANTA CLARA, Calif. , Nov. 19, 2019 /PRNewswire/ -- Realtor.com®, the Home of Home Search℠, recently held Hack-it-Forward, a three-day event in which employees across its seven offices in the U.S. and ...
Looking to move to a new town? There’s a decent chance that Spokane, Wash., will feature in your search. A new report from Realtor.com examined the 100 largest metropolitan areas nationwide for cross-market demand.
SANTA CLARA, Calif., Nov. 13, 2019 /PRNewswire/ -- One year after Amazon selected Arlington, Va., as the site of its new HQ2, the impact on the housing market has been pronounced. Massive inventory shortages, sky-high price spikes and a blistering pace of sales are now the norm in the metro surrounding Amazon's second headquarters, propelling it to one of the nation's hottest housing markets, according to research by realtor.com®.
(Bloomberg) -- State officials investigating Alphabet Inc.’s Google met Monday to dive into competition issues surrounding the search giant as they press forward with an investigation into whether the company is violating antitrust laws, according to people familiar with the matter.The officials met privately in Denver with outside experts with the goal of gaining a deeper understanding of Google’s businesses and the dynamics of the markets it operates in, including digital advertising, said one of the people.The gathering comes two months after all but two states opened an antitrust investigation into Google with an initial focus on its advertising practices, according to an investigative demand sent to the company. Publishers have long complained that Google’s dominance in the technology that delivers ads across the web harms competition.The meeting was similar to one held last month in New York where state officials met with experts about Facebook Inc. The social media giant is under investigation by 45 states, Guam and the District of Columbia.One of the aims of the Google meeting was to help state officials prepare for an investigation that will likely present challenging competition issues, said one of the people. The states were also planning to map out a strategy for dividing the workload of the investigation, said two of the people.Among those advising the states is Cristina Caffarra, an economist at Charles River Associates. Google has complained about Caffarra’s work for the state because of her past work for Google adversaries News Corp., Microsoft Corp., and Russia’s Yandex NV.The states are investigating Google in parallel to a Justice Department antitrust probe of the company. The House Judiciary Committee’s antitrust panel is also conducting an inquiry into Google and other large tech companies.(Updates from fifth paragraph with challenges of the antitrust investigation. A previous version of this story was corrected to clarify the number of states and attorneys general investigating.)To contact the reporters on this story: David McLaughlin in Washington at email@example.com;Ben Brody in Washington, D.C. at firstname.lastname@example.org;Naomi Nix in Washington at email@example.comTo contact the editors responsible for this story: Sara Forden at firstname.lastname@example.org, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Housing prices have skyrocketed in cities like San Francisco and Seattle, and tech companies are scrambling to ensure there’s an affordable place to live for their workforces.
Oakmark Funds released its 2019 Q3 letter to investors giving its commentary on a number of its positions, highlighting the investment strategy and stock picks for the quarter- download a copy here. The investment management company did not have a good quarter, losing 2.1%, while the S&P 500 gained 1.7%. For the fiscal year ending September 30, […]
As streaming has turned the television industry on its head, one media mogul went against the trend this year. He revealed the advice from News Corp. Founder Rupert Murdoch by way of Oracle CEO Larry Ellison that led him to do it.
Foreign currency headwinds and softness in Australian property market hurt News Corporation's (NWSA) first-quarter fiscal 2020 results. Total revenues decline year over year.
News Corp. (NWSA) delivered earnings and revenue surprises of 0.00% and -2.49%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Google (GOOGL) seems uncomfortable with experts and critics' involvement in the ongoing state-led antitrust problem of its business practices.
World Wrestling Entertainment's (WWE) Q3 revenues decline year over year. Lower revenues from the Live Events and Consumer Products business segments hurt the top line.
(Bloomberg) -- Google says its confidential business information is at risk in the nationwide antitrust probe of the company because the Texas attorney general’s office, which is leading the investigation, hired two consultants that have worked for Google adversaries.Parent company Alphabet Inc. went to court Thursday to restrict Texas’s ability to disclose sensitive information to consultants who have worked for competitors and other companies such as News Corp. and Microsoft Corp. that have complained about Google to regulators.Google specifically cited the hiring of Cristina Caffarra, an economist with consulting firm Charles River Associates who has worked for Google adversaries News Corp., Microsoft, and Russia’s Yandex NV, according to the court filing in Texas.Caffarra is providing Texas Attorney General Ken Paxton’s office with “expert examinations, observations, opinions, consultations, analyses, reports, testimony, and other services,” according to a contract released by the state. She is working for free, according to her contract.The arrangement, Google said in court papers, “creates a significant risk that Google’s confidential business information could be inappropriately disclosed to and used by its adversaries.”“We’ve provided millions of pages of documents in response to regulatory inquiries, and we’re committed to cooperating,” Google said in a statement. “But this is an extraordinarily irregular arrangement and it’s only fair to have assurances that our confidential business information won’t be shared with competitors or vocal complainants.”A spokesman for the attorney general said the office has been engaged in “good-faith” negotiations with Google to protect the company’s sensitive business information.“While these negotiations were ongoing, Google, without any notice, made a lengthy court filing challenging our right to employ many of the most knowledgeable in this complex field,” Marc Rylander, the Texas AG’s spokesman, said in an email. “Google is not entitled to choose the states’ expert or run the states’ investigation.”The fight over the consultants comes after Paxton’s office issued a civil investigative demand to Google in September seeking detailed information about the company’s advertising business.Google said in court papers it’s not seeking to bar disclosure of business information to any Texas consultant who has worked for a rival or complaining company, only those who are currently employed by them. Consultants who are likely to work for Google competitors should not be able to work for them during the states’ investigation and one year afterward, Google said.The company is also unhappy with Paxton’s hiring of Eugene Burrus, a former assistant general counsel at Microsoft who is now an adviser at McKinsey & Co. Microsoft was a longtime foe of Google and advocated in the U.S. and Europe for antitrust action against the company. Burrus also represented clients in antitrust cases against Google, the company said. His maximum fee is $75,000, according to his contract.“Absent appropriate limitations, Mr. Burrus likely will attempt to use his experience on this investigation, including his access to confidential Google information, to market himself to prospective clients with interests adverse to Google,” the company said.Caffarra, News Corp. and Microsoft declined to comment. Burrus didn’t immediately respond to a message sent to him on LinkedIn.Google is asking the Texas court for a protective order including advance notice of third parties accessing its confidential information and limits to Texas’s ability to disclose company information to competitors and consultants.The company was due to begin delivering documents to Texas in early November, according to a person familiar with the matter. The request, which will go to a judge, could delay that, said the person, who asked not to be named discussing sensitive matter.Google may offer to start handing over documents as long as Paxton’s office doesn’t share the material with third parties until the matter is resolved, the person added.(Updates with comments from Texas AG’s spokesman in the seventh paragraph.)\--With assistance from Gerry Smith.To contact the reporters on this story: David McLaughlin in Washington at email@example.com;Ben Brody in Washington, D.C. at firstname.lastname@example.org;Mark Bergen in San Francisco at email@example.comTo contact the editors responsible for this story: Sara Forden at firstname.lastname@example.org, Mark Niquette, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
News Corp. (NWSA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.