U.S. Day Ahead: Investors hungry for more on News Corp. split
Wednesday, February 06, 2013 - 02:31
Feb 5 - News Corp. CEO Rupert Murdoch has already outlined the key execs for the media titan’s new publishing firm, but now it’s all about how much cash it will inherit.
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What a turnaround for the markets -- earnings helped push the S&P up 1% at close. The -- and just shy of 141000. Key will be how Wednesday's earnings pan out the big wanna watch news for. Officers enterprise from a year ago. But it'll be on the media giant's future shareholders are looking for more clues from boss Rupert Murdoch. About his her upcoming split into two separate arms publishing and entertainment. He's already been several topic back to the -- including CEO Robert Thompson. And now it's about who gets to inherit all the cash. Right now needs a. Has roughly about twelve billion dollars in cash and investors and analysts will be curious to see how much that went into words newspapers book publishing and other assets to keep -- company. And you don't want to put too much debt on its books for the publishing side because that's what's on the newspaper industry in first place just too much debt. What's made many companies to their house. So far markets like with ABC news -- shares of about 45%. Since last year. We'll get to hear from another media titan Time Warner. It's also likely to be a better bottom line -- -- going through a lot of changes with an overhaul at CNN and lay off at times. Pay attention to the ad revenue this quarter the company said that Peter Christian writings in the mid to high single digits. Thanks to better cable programming the popularity and the eighteenth. Time Warner shares are up over 30% from here go on expectations it will hike fees to cable company. And finally there is green mountain coffee one and David Einhorn big shorts from 2012. Profits are set to grow and investors will want to know what the new CEO Lawrence -- that's about holiday sales. The company has already forecast earnings well above estimates helped by an expanding lineup single serve coffee makers and Drew Brees. Green mountain is not 150%. In the last six months I weren't already acknowledged he's been hurt by the right. Look at us on Twitter -- and tighter and getting more of our great videos that raiders dot com slash writers TV. Rick impact clearance and act UPS -- Robert wolf interviews and Valerie Jarrett. Described as a president's most powerful advisor. He asks her how she -- sell Obama's policies to the American people and it'll be enough to break the deadlock on the hill. I'm ready mom this is right --
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