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Twenty-First Century Fox Beats Q3 Estimates
Tuesday, November 4, 2014 - 5:35pm | 279Read More...Twenty-First Century Fox Inc (NASDAQ: FOXA) reported financial results Tuesday for the three months ended September 30, 2014. The company reported quarterly revenues of $7.89 billion, above estimates of $6.25 billion, an $826 million or 12 percent increase over the $7.06 billion of revenue in...
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Can News Corp And Move Inc. Compete With Zillow Inc and Trulia Inc?
Tuesday, September 30, 2014 - 2:55pm | 497Read More...This morning, News Corp (NASDAQ: NWSA) announced plans to acquire Move Inc. (NASDAQ: MOVE), the parent company of Realtor.com, for $950 million. The acquisition marks the latest move that the publishing arm of News Corp is making to expand its business beyond newspapers; the last...
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Online Real Estate Listers Roiled By Rupert Murdoch's News Corp Move
Tuesday, September 30, 2014 - 11:27am | 257Read More...A group of online real estate listing services got roiled in Tuesday's market with news that media maven Rupert Murdoch wants a piece of the sector. The 83-year-old Murdoch's News Corp. (NASDAQ: NWS) said Tuesday it will pay $950 million, or $21 per share, to buy an 80 percent stake in...
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Re/code's Kara Swisher Discusses Apple's iPhone 6, Google, The NSA And More
Thursday, August 21, 2014 - 2:31pm | 778Read More...Re/code Co-Executive Editor Kara Swisher joined Benzinga's #PreMarket Prep this week for an in-depth interview on Groupon (NASDAQ: GRPN), Google (NASDAQ: GOOG), the iPhone 6 and more. The Next iPhone "It's going to be a bigger phone," Swisher said about Apple's (...
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Fox Reports Q4 Earnings Beat
Wednesday, August 6, 2014 - 4:49pm | 228Read More...Just after Wednesday's closing bell, Twenty-First Century Fox (NASDAQ: FOXA) released its fiscal 2014 fourth quarter earnings results. Fox reported fourth quarter revenue and EPS of $8.42 billion and $0.43 vs. estimates of $7.97 billion and $0.39. For full-year 2014, the company posted $...
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Time Warner Plunges After-Hours As Fox Withdraws Bid
Tuesday, August 5, 2014 - 5:02pm | 138Read More...Twenty-First Century Fox (NASDAQ: FOX) announced Tuesday that it is withdrawing its bid for Time Warner (NYSE: TWX). Rupert Murdoch wrote in a statement that this was a great opportunity, but that Time Warner management refused to engage with his company to explore a highly compelling offer....
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Dueling Conference Calls: Fox, Time Warner Both Slated Wednesday
Tuesday, August 5, 2014 - 7:25am | 159Read More...Twenty-First Century Fox (NASDAQ: FOXA) will make another vigorous pitch this week favoring its $85 a share bid for Time Warner (NYSE: TWX) according to a report Monday. Rupert Murdoch badly wants to acquire Time Warner and his executives -- and perhaps Murdoch himself -- will expand on the...
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Still On Top: Eight Of The Longest-Serving CEOs
Friday, February 21, 2014 - 3:21pm | 169Read More...Being a company's chief executive officer can be a very mixed blessing. Along with the power comes not only the burden of responsibility, but the realization that, in most cases, your position at the top depends on ensuring continued profits, prosperity and achievement. "The length of CEOs'...
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ESPN Flexes Muscle In Cable Bundle Debate
Tuesday, September 3, 2013 - 10:22am | 634Read More...The debate over whether cable and satellite companies should offer TV channels via bundles (as they do now) versus a la carte options has a big player – Disney (NYSE: DIS) owned ESPN, the self-proclaimed “Worldwide Leader in Sports.” According to The New York Times, last year ESPN produced 35,...
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706Read More...The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...
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Rupert Murdoch Resigns From Boards
Monday, July 23, 2012 - 1:07pm | 387Read More...News Corp. (NASDAQ: NWSA) Chairman and Chief Executive Officer Rupert Murdoch has resigned as a director of a number of newspapers his company controls. The directorships which he has given up include News International, the U.K. division that publishes the Times and the Sun. He also stepped down...
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News Corp. Confirms Intent to Separate Publishing and Entertainment Businesses
Thursday, June 28, 2012 - 8:25am | 526Read More...News Corp. (NASDAQ: NWSA) (NASDAQ: NWS) has officially announced its plans to split up its core businesses -- publishing and entertainment -- in a move that the media conglomerate said will "enhance strategic alignment and increase operational flexibility." If the separation occurs, News Corp....
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Why the L.A. Dodgers Are No Good For News Corp.
Wednesday, November 2, 2011 - 12:27pm | 634Read More...UPDATE: CNBC's Darren Rovell just reported that Fox Sports is not consider a bid for the team. News just broke that a division of News Corp. (NASDAQ: NWSA), Fox Sports, is considering a bid for the L.A. Dodgers. The news was also reported by Bloomberg's sports reporter, Michele Steele. This...
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Fox Business Breaks Even One Year Ahead of Schedule, Lou Dobbs Tonight Beats The Kudlow Report
Friday, August 12, 2011 - 3:22pm | 206Read More...Fox Business has reached its breakeven point one year sooner than expected. During the News Corp. (NASDAQ: NWSA) earnings call this Wednesday, Chairman and CEO Rupert Murdoch announced that Fox Business has broken even. “The ratings are, in fact, improving,” he said. “Certain times of the day we...
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Fox Business Breaks Even One Year Ahead of Schedule, Lou Dobbs Tonight Beats The Kudlow Report
Thursday, August 11, 2011 - 12:47pm | 206Read More...Fox Business has reached its breakeven point one year sooner than expected. During the News Corp. (NASDAQ: NWSA) earnings call this Wednesday, Chairman and CEO Rupert Murdoch announced that Fox Business has broken even. “The ratings are, in fact, improving,” he said. “Certain times of the day we...
