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News Corp (NWSA.OQ)

NWSA.OQ on NASDAQ Stock Exchange Global Select Market

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

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

Bid target Wireless sees FY outturn broadly in line with expectations
Monday, 22 Aug 2016 02:00am EDT 

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 02:00am EDT 

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
Monday, 8 Aug 2016 04:05pm EDT 

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

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