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News Corp (NWSA.O)

NWSA.O on Nasdaq

25 Jul 2017
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$0.14 (+1.00%)
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Latest Key Developments (Source: Significant Developments)

Guardian and News Corp to press ahead with ad alliance talks - FT
11:04am EDT 

July 25 (Reuters) - :The Guardian is to press ahead with talks to form an unlikely alliance with Rupert Murdoch's News Corp to sell advertising - FT.  Full Article

21st Century Fox names Melody Hildebrandt as Global Chief Information Security Officer
Monday, 8 May 2017 11:33am EDT 

May 8 (Reuters) - Twenty-first Century Fox Inc ::21St Century Fox names Melody Hildebrandt global chief information security officer.Melody Hildebrandt joins company from Palantir Technologies.  Full Article

Fox News has decided Bill O' Reilly has to go - New York Magazine, citing sources
Wednesday, 19 Apr 2017 11:38am EDT 

April 19 (Reuters) - :Fox News has decided Bill O' Reilly has to go - NY Mag citing sources.Fox News Network executives are preparing to announce O' Reilly's departure before he returns from Italian vacation on April 24 - NY Mag citing sources.  Full Article

News Corp CFO Panuccio entitled to annual base salary of not less than $1.1 mln
Monday, 27 Feb 2017 07:11am EST 

News Corp :Says pursuant to agreement, newly-appointed CFO of co, Susan Panuccio, entitled to an annual base salary of not less than $1.1 million.  Full Article

BRIEF-Bedi A. Singh to depart post at News Corp
Thursday, 23 Feb 2017 05:00pm EST 

News Corp : Bedi A. Singh to depart post at News Corp . News Corp says Susan Panuccio, currently chief financial officer of News Corp Australia, will become new CFO of company . News Corp says Bedi A. Singh will be departing as chief financial officer effective March 1st. .News Corp says Bedi has agreed to serve as a senior advisor to News Corp on its digital property interests in India.  Full Article

News Corp says expects to incur $30 mln-$40 mln restructuring charges during remainder of 2017 in connection with reorganization at Dow Jones
Friday, 10 Feb 2017 06:49am EST 

News Corp : News Corp says in connection with reorganization at Dow Jones, expects to incur about $30 million-$40 million restructuring charges during remainder of 2017 .News Corp - reorganization is expected to reduce the company’s costs by approximately $100 million on an annualized basis by the end of fiscal 2018.  Full Article

News Corporation Q2 adjusted earnings per share $0.19
Thursday, 9 Feb 2017 04:15pm EST 

News Corp : News Corp qtrly news and information services revenue $1,303 million versus $1,400 million . News Corp- Q2 book publishing revenue $466 million versus $446 million . Q2 news and information services segment ebitda $142 million versus $158 million . News corporation reports second quarter results for fiscal 2017 . News Corp - this quarter's results were impacted by non-cash charges because of a change in carrying value of foxtel . Q2 loss per share $0.50 from continuing operations . Q2 revenue $2.12 billion versus I/B/E/S view $2.12 billion . News corp - this quarter's results were also impacted by impairment of print-related fixed assets at australian newspaper business . Current year's quarter includes a pre-tax non-cash impairment charge of $310 million . Q2 adjusted earnings per share $0.19 . Q2 earnings per share view $0.18 -- Thomson Reuters I/B/E/S .News Corp - declared a semi-annual cash dividend of $0.10 per share for class a common stock and class b common stock.  Full Article

St Ives says HarperCollins' monochrome books production contract will not be renewed
Wednesday, 8 Feb 2017 07:00am EST 

St Ives Plc : Informed by HarperCollins that its contract with group's books business for production of monochrome books in UK will not be renewed . Current contract ends on 30 June 2017. . Management will be initiating actions to reduce cost base of books business and therefore mitigate impact of non-renewal of this contract. .Market remains competitive and we are not prepared to chase volume at uneconomic prices - CEO.  Full Article

ACCC comments on News Corporation’s proposed acquisition of APN's Australian regional media division
Wednesday, 5 Oct 2016 06:17pm EDT 

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
Friday, 30 Sep 2016 04:17pm EDT 

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


Australian tycoons pull guarantees for Ten Network; may have silver lining

SYDNEY Australia's Ten Network said two local media magnates had declined to extend their support for a $150 million debt guarantee past 2017 - a move that increases the risk of the troubled broadcaster seeking receivership.