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News Corp (NWS.OQ)

NWS.OQ on NASDAQ Stock Exchange Global Select Market

15.90USD
22 Nov 2017
Change (% chg)

$-0.05 (-0.31%)
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Latest Key Developments (Source: Significant Developments)

Telstra Corporation says Foxtel, Fox Sports Australia to combine
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Telstra Corporation Ltd ::Foxtel, Fox Sports Australia to combine.News Corp will have 65 per cent shareholding in new company and Telstra will have 35 per cent.Telstra and News Corp today announced their intention to combine Foxtel and Fox Sports Australia into a new company.News Corp will appoint chairman, majority of new company's board and senior executives and Telstra will appoint remaining directors.If deal between Telstra and News Corp is concluded on proposed terms, News Corp expects to consolidate new co into its financial statements.  Full Article

ACCC comments on News Corporation’s proposed acquisition of APN's Australian regional media division
Thursday, 6 Oct 2016 

Australian Competition and Consumer Commission : Expects to announce its final decision on 1 december 2016. . Invites feedback on news corporation’s proposed acquisition of apn's australian regional media division .Investigating the effect that deal would have on competition for both readers and advertisers..  Full Article

News corp says John Elkann notified board of his resignation from board
Saturday, 1 Oct 2016 

News Corp : News Corp says on September 30, 2016, John Elkann notified board of his resignation from board . Board is actively engaged in a process of considering additional independent director candidates. .News Corp says as a result, size of board was reduced to 11 directors, effective upon Elkann's resignation.  Full Article

Bid target Wireless sees FY outturn broadly in line with expectations
Monday, 22 Aug 2016 

Wireless Group Plc : Six month group revenue from continuing operations of £38.2m (2015 restated: £37.0m) . Six month pre-tax profits from continuing operations of £4.5m (2015 restated: £5.0m) . Disposal of tv business to itv for a purchase price of £100m completed in February 2016 . Profit on disposal of £79.2m and associated return of capital of £55.0m . No interim dividend declared in light of news corp offer . Awarded three packages for Premier League live audio rights which will further underpin outlook for Talksport going forward - chairman .Currently anticipates a full year outturn broadly in line with expectations.  Full Article

News Corp says Wireless Group offer becomes unconditional
Thursday, 18 Aug 2016 

News Corp (Uk & Ireland): Received valid acceptances of offer in respect of 63,279,001 wireless shares (representing approximately 92.17 per cent) .Offer has become unconditional as to acceptances.  Full Article

News Corp Q4 adjusted earnings per share $0.10
Tuesday, 9 Aug 2016 

News Corp : News corporation reports fourth quarter and full year results for fiscal 2016 . Q4 revenue $2.2 billion versus i/b/e/s view $2.06 billion . Q4 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.16 from continuing operations . News corp says q4 book publishing revenue $433 million versus $390 million . Q4 news and information services segment ebitda $160 million versus $169 million last year . Q4 news and information services revenue $1,417 million versus $ 1,404 million . Says declared a semi-annual cash dividend of $0.10 per share for class a common stock and class b common stock .Q4 adjusted earnings per share $0.10.  Full Article

Twenty-First Century Fox reports Q4 adj earnings per share $0.45
Thursday, 4 Aug 2016 

Twenty-first Century Fox Inc : Q4 earnings per share $0.30 from continuing operations . Q4 earnings per share view $0.37 -- Thomson Reuters I/B/E/S . 21St century fox reports full year income from continuing operations attributable to stockholders of $2.76 billion and total segment operating income before depreciation and amortization of $6.60 billion on total revenue of $27.33 billion . Q4 revenue $6.65 billion versus i/b/e/s view $6.68 billion . Q4 adjusted earnings per share $0.45 excluding items . Q4 cable network programming segment oibda $1,214 million versus $1,218 million last year . First century fox - $0.06 increase to annualized dividend resulting in a prospective annual dividend of $0.36 per share . First century fox inc - quarterly total segment oibda of $1.45 billion declined by $93 million from $1.54 billion reported in prior year quarter . Q4 television segment oibda $144 million versus $113 million last year . First century fox inc - incremental $3 billion buyback authorization .Q4 filmed entertainment segment oibda $164 million versus $269 million last year.  Full Article

News Corp says Ireland's competition regulator clears Wireless deal
Wednesday, 3 Aug 2016 

News Corporation : Recommended cash offer for Wireless Group .Announces that on Aug. 2 Ireland's Competition And Consumer Protection Commission issued clearance for acquisition of Wireless.  Full Article

News Corp, Wireless agree on terms of cash offer
Thursday, 30 Jun 2016 

News Corp : Offer values entire existing issued and to be issued share capital of Wireless at approximately £220.3 million . Offer represents a premium of approximately 70.3 percent over closing price of 185 pence per wireless share on 29 June 2016 . Wireless shareholders will receive, for each Wireless share held, 315 pence in cash . Has received irrevocable undertakings to accept offer from Jo Hambro, GVQ Investment Management in respect of a total of 7.7 million wireless shares . Received irrevocable undertakings to accept offer from Jo Hambro, GVQ Investment Management in respect of a total of 7.7 million wireless shares . Wireless directors, who have been so advised by Numis, consider financial terms of offer to be fair and reasonable . Wireless directors intend to recommend, agreed to do in respect of their own beneficial holdings of about 0.67 per cent .Offer values entire existing issued and to be issued share capital of Wireless at approximately £220.3 mln.  Full Article

APN News and Media divests Australian regional media division arm to News Corp
Tuesday, 21 Jun 2016 

APN News & Media Ltd : APN divests its Australian regional media division, arm . Deal for $36.6 million . Entered into binding documentation to divest its Australian regional media division to News Corp Ltd .Net proceeds from the sale will predominantly be used to pay down existing APN debt.  Full Article

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Short-seller Muddy Waters seeks to unmask Google Gmail fraudster

NEW YORK Muddy Waters, the investment firm run by prominent short-seller Carson Block, on Wednesday asked a New York court to force Google to help it identify someone who impersonated a Wall Street Journal reporter to uncover its strategy toward a French retailer it was betting against.