|Bid||116.15 x 0|
|Ask||116.27 x 0|
|Day's Range||114.03 - 116.67|
|52 Week Range||62.05 - 117.30|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||136.31|
|Earnings Date||Nov 06, 2020 - Nov 10, 2020|
|Forward Dividend & Yield||1.10 (0.96%)|
|Ex-Dividend Date||Aug 27, 2020|
|1y Target Est||88.65|
News Corporation, a diversified international media and entertainment company, reported that its revenue slumped 22% in the June quarter as COVID-19-related business closures led to an advertisement sales collapse at its newspapers and websites, sending its shares down about 4% in after-hours trading on Thursday.
REA Group Limited (ASX:REA), might not be a large cap stock, but it led the ASX gainers with a relatively large price...
The birthplace of Rupert Murdoch's media empire, News Corp's Australian business, is shaping up as a trouble spot for the global firm, following a billion dollar writedown and a move to stop printing more than 100 regional newspapers. It's an emotional challenge, given 89-year-old Murdoch's ties to his native country where he turned a single newspaper inherited from his father in 1952 into one of the world's most influential companies. The Australian arm faces a double incursion: the broadcast business, Foxtel, is fast losing subscribers to streaming giants like Netflix Inc, while the print arm, like its rivals, is ceding advertisers to Facebook and Google.