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News Corporation (NWS)

- NASDAQ
  • Jun. 26, 2012, 8:01 AM
    Shares of News Corp. (NWS) move up 2.8% in premarket trading off of reports tipping off that the company may be split in two. Liberum Capital's Ian Whittaker speculates Rupert Murdoch's motivation behind a potential spinoff of the company's publishing division is that it would enable a freed-up News Corp. to make another run at British Sky Broadcasting (BSYBY.PK).
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  • May 14, 2012, 9:58 AM
    Shares of Bona Film (BONA) jump up 7.7% after New Corp. (NWS, NWSA) discloses that it holds a 19.9% stake in the company. The investment will reduce CEO Dong Yu's stake in the firm to ~27%.
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  • May 10, 2012, 9:53 AM
    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.
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  • Oct. 19, 2011, 6:50 AM
    BSkyB (BSYBY.PK) reports (.pdf) FQ1 profit fell 1.3% as revenue jumped 9% higher to £1.66B ($2.62B) - boosted by a breakaway fee associated with News Corp.'s (NWS) takeover bid. The media concern increased its total client base to 10.4M, led by demand for its broadband, phone, and HDTV services. Shares +3.6% in London trading.
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  • Oct. 12, 2011, 12:21 PM
    The battle to shake up News Corp.'s (NWS +2.4%) board continues, as investors receive another recommendation, this time from advisory firm Egan-Jones, suggesting shareholders vote against four of its directors, including the sons of Rupert Murdoch.
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  • Aug. 11, 2011, 11:32 AM
    Today's surge in News Corp. (NWS +17.6%) now tops Cisco (CSCO +17.2%) among S&P stocks, as FQ4 earnings and revenue easily beat expectations, plus a promise of an accelerated share buyback and minimal acquisitions - "the best answer we can imagine to 'hack-lash,'" a Lazard analyst says. Rupert Murdoch says COO Chase Carey is next in line.
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  • Aug. 11, 2011, 9:25 AM
    Premarket gainers: AONE +20%. CSCO +12%. EAT +11%. NWS +8%. AKS +5%. CLWR +5%. MPEL +5%. KSS +5%. NVDA +5%. BX +4%. BAC +4%. ALU +4%. ETFC +4%. DRYS +4%. PBR +4%. CAJ +4%. ARMH +4%. SID +4%. ASX +4%. RF +4%. VALE +3%. MGM +4%. LYG +3%. MOS +3%. CREE +3%. ASML +3%. BRFS +3%. GS +3%. SINA +3%. BHP +3%. ITUB +3%. POT +3%. ERIC +3%.
    Losers: SODA -10%. SLE -8%. AMSC -7%. ALLY -5%. NVS -4%. LOGI -4%. CRH -3%.
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  • Aug. 10, 2011, 4:18 PM
    More from the News Corp. (NWS) earnings: Full-year net income of $2.74B ($1.04/share), up 7.9%. Results include $254M loss on sale of Myspace. Murdoch on nonfinancial "challenges" at shuttered tabloid News of the World: "We are acting decisively ... There has been no material impact on our other operations."
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  • Aug. 10, 2011, 4:08 PM
    News Corp. (NWS): FQ4 EPS of $0.35 beats by $0.05. Revenue of $8.96B (+11% Y/Y) beats by $0.5B. Income improvement in all segments, led by television. Shares +3.6% AH. (PR)
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  • Aug. 4, 2011, 9:05 AM
    Premarket gainers: GOLD +7%. KFT +6%. UN +5%. TDC +5%. SOLR +4%. SD +3%.
    Losers: DNDN -64%. ENTR -26%. GNOM -19%. VE -14%. ARO -14%. WLT -13%. LYG -10%. ONTY -9%. TS -8%. FRO -8%. BCS -8%. SPPI -7%. RIO -6%. LOGI -6%. ARMH -6%. KSS -5%. SDRL -5%. ASML -5%. MKTAY -5%. STM -5%. ALV -5%. MTG -5%. RIG -5%. ONNN -5%. BHP -4%. UBS -4%. ALU -4%. NWS -4%. CS -4%. STO -4%. ABB -4%. DB -4%. HMC -5%. ERIC -3%. WFR -3%. VALE -3%. GPS -3%. RDS.A -3%. FCX -3%. RCL -3%. ASX -3%. CCL -3%. PBR -3%. NOK -3%.
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  • Jul. 21, 2011, 1:48 PM
    New York Times (NYT +2.8%) is showing peers a paywall can pay off even as newspaper circulation dwindles, amassing 224,000 digital-only subscribers since charging digital readers for access in March (earnings). Newspaper stocks rally: GCI +3.6%, MEG +10.9%, MNI +5.1%. Diversified media: DIS +3.5%, NWS +3.2%, CMCSA +2.6%, CBS +1.7%.
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  • Jul. 19, 2011, 12:47 PM
    The Murdochs' strategy of having James bore the MPs panel into a slumber has worked and their testimony ends without major revelations. Despite Rupert coming across as an "old dodderer," News Corp.'s (NWS) shares are +4.4%. Rebekah Brooks is now on. (previous)
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  • Jul. 19, 2011, 12:17 PM
    The Murdoch (NWS +5.7%) phone-scandal hearing has resumed after an interruption caused by a physical scuffle as a young man appeared to try to shove a shaving-cream pie into Rupert Murdoch's face. (earlier: succession questions)
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  • Jul. 18, 2011, 9:10 AM
    Premarket gainers: HEV +15%. WLT +7%. GSS +4%. GPL +3%. HL +3%.
    Losers: WBMD -19%. IRE -14%. MTG -8%. ING -5%. NWS -4%. AIB -4%. LYG -4%. KOG -4%. ALU -4%. BCS -4%.
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  • Jul. 18, 2011, 8:20 AM
    As the phone-hacking scandal continues to claim victims, investors drive News Corp.'s (NWS) shares down another 4.9% premarket. Analysts are less bearish, with Nomura's Michael Nathanson saying the company is still a Buy and that FQ4 earnings should still beat consensus estimates.
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  • Jul. 14, 2011, 4:19 PM
    Following earlier quotes where Rupert Murdoch defended News Corp. (NWS -2.3%) hacking-scandal conduct ("minor mistakes"), WSJ posts detail from its interview. Damage will be recovered as the company has "a reputation of great good works in this country." His reaction to the negative headlines: "Just getting annoyed. I'll get over it. I'm tired."
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Company Description
News Corp is a diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers and businesses.