News Corp. (NWS, NWSA) trades 3.2% higher after its FQ3 report showed that strong results for...

|About: News Corporation (NWS)|By:, SA News Editor

News Corp. (NWS, NWSA) trades 3.2% higher after its FQ3 report showed that strong results for its cable TV division were able to overcome the headline-grabbing scandal in the U.K. The company says it will extend an existing stock buyback by $5B, with the goal for it to be completed by the end of FY13.