News Corp reports higher revenue for Sept. quarter

LOS ANGELES Tue Nov 6, 2012 4:17pm EST

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LOS ANGELES Nov 6 (Reuters) - Rupert Murdoch's News Corp on Tuesday reported higher quarterly revenue led by growth at its cable networks unit.

The media giant that owns Fox Broadcasting and The Wall Street Journal said revenue for the three months that ended in September reached $8.1 billion, a 2 percent increase from a year earlier. Earnings per share reached 94 cents for the quarter.

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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