News Corporation (NWS)
|Net Income (ttm)||299.00M|
|Ex-Dividend Date||Mar 14, 2023|
|Day's Range||16.27 - 16.49|
|52-Week Range||15.15 - 23.37|
|Price Target||26.06 (+59.88%)|
|Earnings Date||May 4, 2023|
News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various... [Read more]
In 2022, NWS's revenue was $10.39 billion, an increase of 10.97% compared to the previous year's $9.36 billion. Earnings were $623.00 million, an increase of 88.79%.Financial Statements
According to 13 analysts, the average rating for NWS stock is "Buy." The 12-month stock price forecast is $26.06, which is an increase of 59.88% from the latest price.
News Corp to Participate in the Morgan Stanley Technology, Media & Telecom Conference
NEW YORK--(BUSINESS WIRE)--News Corp announced today that Chief Executive Robert Thomson will participate in the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 7, 2023. The se...
CoStar Group CEO Says Firm Not Acquiring Move Real Estate Business From News Corp
News Corp had been in talks to sell the parent of Realtor.com to CoStar for about $3 billion.
Greenlight sells off Intel and Rivian, adds Tenet, Funko
David Einhorn's Greenlight Capital Inc. cut its stake in Intel Corp. and opened new positions in Tenet Healthcare Corp. and bobblehead maker Funko Inc., among other investment decisions in the fourth ...
SEC cracks down on crypto staking, Citigroup barred from Texas bonds, News Corp. to cut 5% of staff
Yahoo Finance anchor Julie Hyman reports the latest notable business headlines include the SEC cracking down on crypto staking practices, Citigroup being barred from Texas bonds, and News Corp. cuttin...
News Corp. Layoffs 2023: What to Know About the Latest NWSA Job Cuts
News Corp. (NASDAQ: NWSA) layoffs are on the way after the company announced plans to cut jobs throughout 2023. News Corp. has revealed it will cut 1,250 jobs by the time 2023 comes to an end.
Yahoo to lay off 20% of workforce, and News Corp. to cut 1,250 positions this year
CNBC's Joe Kernen reports on layoff news.
News Corp. (NWSA) Lags Q2 Earnings and Revenue Estimates
News Corp. (NWSA) delivered earnings and revenue surprises of -44% and 4.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
News Corp said it will cut 1,250 positions this calendar year
News Corp, which owns The Wall Street Journal and HarperCollins, said it would cut 1,250 positions this calendar year
Rupert Murdoch's News Corp Reveals Plan To Lay Off 5% Of Workers After Quarterly Earnings Miss
Rupert Murdoch's News Corp., home to media properties including the Wall Street Journal, Dow Jones and HarperCollins, announced as it released disappointing quarterly results that it is laying off 5% ...
News Corp to cut 1,250 jobs after missing second-quarter estimates
Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch's media conglomerate
News Corp announces job cuts, misses estimates for earnings
Media conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real estate businesses.
News Corporation Reports Second Quarter Results for Fiscal 2023
NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2022. Commentin...
News Corp to Report Fiscal 2023 Second Quarter Earnings
NEW YORK--(BUSINESS WIRE)--News Corp will release its second quarter Fiscal 2023 results on Thursday, February 9, 2023. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Pan...
THE FIFTH Agency Expands Los Angeles Team with Key Hire to Lead Creative Team and Produce Creator-Driven Advertising
LOS ANGELES--(BUSINESS WIRE)--Award-winning, social-creative agency THE FIFTH, known for its viral creator marketing campaigns, today announced a crucial hire who will spearhead the growth of its Cr...
News Corp investors cheer Murdoch's decision to scrap tie-up with Fox
Large shareholders in News Corp on Wednesday applauded Rupert Murdoch's decision to withdraw a proposal to reunite the owner of Dow Jones and Fox Corp , as News Corp decided to pursue a sale of Move I...
What made News Corp stock gain 10% on Wednesday?
Shares of New Corp (NASDAQ: NWS) are up nearly 10% on Wednesday after Rupert Murdoch scrapped plans of recombining the mass media company with Fox Corp (NASDAQ: FOX).
Murdoch abandons bid to reunite News Corp and Fox Corp
A proposed reunion of two parts of Rupert Murdoch's empire has been abandoned by the media tycoon.
Rupert Murdoch Scraps Plans To Reunite Fox And News Corp.
The decision will keep high-profile media outlets like the Wall Street Journal and Fox News in separate companies, both run by Murdoch and his family.
Rupert Murdoch Won't Try to Recombine Fox, News Corp.
Rupert Murdoch said he was abandoning plans to recombine Fox Corp. and News Corp., two media companies he controls. Geetha Ranganathan of Bloomberg Intelligence has more.
Rupert Murdoch no longer seeking Fox-News Corp merger
Yahoo Finance anchor Dave Briggs reports on Rupert Murdoch no longer pursuing a merger between Fox and News Corporation.
Fox Corporation and News Corp will not merge
Lachlan Murdoch announced Tuesday that Fox Corp. and News Corp. will not merge after a special committee explored a potential combination of the two companies.
Rupert Murdoch calls off proposed Fox-News Corp merger
Billionaire mogul says in letter that proposal to reunite companies he split up a decade ago ‘not optimal' for shareholders
Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp
Rupert Murdoch called off his effort to merge the two parts of his media empire, News Corp and Fox Corp., saying the transaction “is not optimal” for shareholders of the companies at this time.
Rupert Murdoch scraps plan to merge Fox and News Corp
Rupert Murdoch called off his effort to merge the two parts of his media empire, News Corp NWS and Fox Corp. FOX, saying the transaction “is not optimal” for shareholders of the companies at this time...
Rupert Murdoch's News Corp. And Fox Abandon Potential Merger After Special Committee Found “A Combination Is Not Optimal For Shareholders”
News Corp. and Fox Corp., both controlled by Rupert Murdoch, have abandoned a potential merger after a special committee determined that “a combination is not optimal for shareholders.” Multiple share...