35.82 -0.02 (-0.06%)
After hours: 6:20PM EDT
|Bid||35.46 x 200|
|Ask||37.49 x 200|
|Day's Range||35.80 - 36.67|
|52 Week Range||24.30 - 38.56|
|PE Ratio (TTM)||16.86|
|Forward Dividend & Yield||0.36 (0.99%)|
|1y Target Est||45.00|
Here’s a quick wrap up of other headlines making news today.
Sky has withdrawn its recommendation of the offer by Twenty-First Century Fox to buy the portion of Sky it doesn't already own. The "Squawk Box" crew discusses.
Moviegoers may soon have the chance to decide whether the hero of a 20th Century Fox film tells the truth in a scene or lies; fights the bad guy or runs away; kisses the girl or chickens out.
In the fiscal year ended June 30 of last year, Sky had revenue of £12.92 billion and a pretax profit of £803 million. Comcast is an American cable juggernaut that owns NBCUniversal as well as the Xfinity cable and telecommunications service. It was among the suitors that approached Fox with interest in buying part of its assets before Fox struck its deal with Disney.
Comcast's formal offer to buy out Sky now put both Disney and Fox in a complicated situation, first and foremost because it automatically increases the stake for Disney's bid for Fox.
TCI has acquired a 4 per cent stake in 21st Century Fox , giving the activist hedge fund crucial leverage to influence the future of Rupert Murdoch’s media empire at a time when it is involved in a series ...
The investment places Mr. Hohn’s firm, TCI Fund Management, among Fox’s six largest shareholders, with more than 4% of the company’s shares. Mr. Hohn declined to comment on his stake in Fox. The investor’s intentions aren’t clear, but his holding could wield significant influence in any deal vote by Fox investors.
The cable and media giant published solid first-quarter results, powered by two enormous sporting events, and also doubled down on its $31 billion takeover bid for British broadcaster Sky.
The Financial Times originally reported that several stations were to be sold to Fox to help Sinclair win approval of its Tribune deal.
The new Marvel movie is going to be huge, but it may hurt Disney's plan to snap up key Twenty-First Century Fox properties.
Today is the overseas debut for Avengers: Infinity War as it begins its week-long attempt at global box office domination. While it's sold as "the end of the end," it's more like "the beginning of the end." Still, this is a massive MCU spectacle, where almost every major MCU hero shows up to try to stop Thanos from wiping half the universe. For the sake of having a cheat sheet on hand (both for you and for me), here is a quick list of the opening weekend records that are in immediate peril, specifically (unless otherwise noted) in North America and not adjusted for inflation.
The independent directors of pay-TV group Sky (SKYB.L) said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox (FOXA.O) after U.S. cable company Comcast Corp (CMCSA.O) trumped it with a 22 billion pound ($30.68 billion) offer. "As a result of the announcement of this higher cash offer, the independent committee is withdrawing its recommendation of the offer announced by Twenty-First Century Fox on 15 December 2016 and is now terminating the Co-operation Agreement entered into with Twenty-First Century Fox on the same date," Sky's independent directors said in a statement on Wednesday.
The independent directors of pay-TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox after U.S. cable company Comcast Corp trumped it with a 22 billion pound ($30.68 billion) offer. "As a result of the announcement of this higher cash offer, the independent committee is withdrawing its recommendation of the offer announced by Twenty-First Century Fox on 15 December 2016 and is now terminating the Co-operation Agreement entered into with Twenty-First Century Fox on the same date," Sky's independent directors said in a statement on Wednesday.