|Bid||14.30 x 1000|
|Ask||14.31 x 1800|
|Day's Range||14.20 - 14.56|
|52 Week Range||10.85 - 15.01|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||55.08|
|Forward Dividend & Yield||0.20 (1.39%)|
|1y Target Est||N/A|
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 ...
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 ...
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.
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...
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.
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 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 firstname.lastname@example.orgTo contact the editor responsible for this story: Tobin Harshaw at email@example.comThis 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.
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.
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.
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.
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.
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 ...
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.
SANTA CLARA, Calif., Aug. 13, 2019 /PRNewswire/ -- Lower interest rates are prompting more buyers to come into the market, putting pressure on an already tight U.S. housing market and reversing 10 months of national inventory growth, according to realtor.com®'s July 2019 Monthly Housing Trend report released today. The report, which tracks key trends across the market, including the national median home price, days on market and inventory, showed flat inventory growth, which could lead to inventory declines sooner than originally predicted. The national median home price in July was $315,000, up 5.5 percent from a year ago and a decrease from last year's year-over-year growth of 8.7 percent.
The most recent earnings update News Corporation's (NASDAQ:NWSA) released in August 2019 showed that the company...
(Bloomberg) -- The Justice Department is scrutinizing Google’s digital advertising and search operations as authorities gear up a broad antitrust review of the market power of giant internet companies, according to people familiar with the matter.Antitrust officials have been actively meeting over the past month with third-party companies that could have grievances against Google, including publishers and consumer-facing websites, said two people familiar with the matter. Advertisers and ad-tech companies have also met with the officials, and more meetings are on the calendar, one of the people said.The focus on advertising and search operations signals where the department could be taking its inquiry, which is in its early stages and could drag on for months. The range of companies meeting with the antitrust officials goes beyond those that have previously voiced complaints, which include Oracle Corp., News Corp. and Yelp Inc., the person said.Bloomberg reported in June that the Justice Department was preparing to investigate Google, but this is the first indication of the status and scope of the review.The antitrust division, led by Makan Delrahim, is pouring resources into the inquiry, drawing in lawyers from other sections of the agency to study the issues, one of the people said. While the division is exploring the digital advertising and search markets in the review’s initial stages, it will continue to narrow down the ultimate focus, one of the people said.Google controls much of the technology that news publishers and marketers use to serve ads across the internet and nets most of its revenue from ads. The company reported $116.3 billion in advertising revenue last year, which represented 85% of overall sales. It doesn’t break out its revenue by channels. Publishers and rivals have complained that Google’s dominance hinders competition in that market. Earlier this year, the European Union fined Google $1.7 billion for violating competition law with its online practices.Google said its innovations have reduced prices and expanded choice for consumers and merchants, pointing to its testimony before a House antitrust panel in July. “We have created new competition in many sectors, and new competitive pressures often lead to concerns from rivals,” Google lawyer Adam Cohen said in prepared comments for the hearing. “We have consistently shown how our business is designed and operated to benefit our customers.”The Justice Department declined to comment. The people described the investigation under condition of anonymity due to the confidential nature of the inquiry.Attorney General William Barr has elevated a lawyer from the antitrust division to be his point person on the review, signaling his hands-on interest in the issue. Lauren Willard has been appointed to serve as his counselor and report to him on developments in the inquiry, according to a department official.The Justice Department last month announced its broad review of whether technology giants are hurting competition following mounting criticism across Washington that the companies have become too big and too powerful. The department hasn’t specified which firms it would scrutinize.Bloomberg reported in June that U.S. antitrust agencies carved up oversight of four tech giants, with the department taking Alphabet Inc.’s Google and Apple Inc., and the Federal Trade Commission claiming Facebook Inc. and Amazon.com Inc.Read More: Far From Silicon Valley, Trustbusters Plotted Big Tech AssaultThe investigation is a sign of the escalating pressure on tech giants, from Capitol Hill to President Donald Trump, who accuses the companies of silencing conservative views.The giants of the industry are under fire over massive collection of user data, failing to police content on their platforms, and claims that they are harming competition and reducing choices for consumers.\--With assistance from Chris Strohm, Naomi Nix, Mark Bergen and Ben Brody.To contact the reporters on this story: Sara Forden in Washington at firstname.lastname@example.org;David McLaughlin in Washington at email@example.comTo contact the editors responsible for this story: Sara Forden at firstname.lastname@example.org, Mark NiquetteFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
SANTA CLARA, Calif., July 31, 2019 /PRNewswire/ -- The hottest ZIP codes in America are on the move from big cities like San Francisco and New York to quieter metros with a more suburban feel such as Omaha, Neb. and Goffstown, N.H., according to realtor.com®'s 2019 hottest ZIP codes ranking released today. In its fifth annual report, five ZIP codes in up and coming neighborhoods made their debut on the list boosted by extremely low home prices and even more millennial home buyers.