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News Corporation Is Considering a Split
News Corp (NASDAQ:NWSA is considering a split according to sources familiar with the matter. News Corp split considerations have been on and off for quite some time now. In fact, earlier this year,...
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News Corp. Announces Plan to Split into Two Companies
On Thursday, News Corp. (NASDAQ: NWSA) (NASDAQ:NWS) confirmed its plans to split into two companies with one as entertainment operations and the second one encompassing its publishing business. The...
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Jon Miller Departs News Corp
News Corp (NASDAQ:NWSA) (NASDAQ:NWS) announced the departure, effective September, of chief digital officer Jonathan Miller, “to return to an operational, entrepreneurial role with a standalone...
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Philippe Laffont Buys News Corp, Time Warner; Sells Seagate & AOL
PHILIPPE LAFFONT, founder and portfolio manager of Coatue Management, sold and bought some large holdings during the third quarter, according to the 13F filed with the Securities and Exchange...
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News Corp To Buy 49% Of Yankees Channel
News Corp (NASDAQ:NWSA) has just agreed to purchase 49 percent of the YES Network. YES is a cable channel which broadcasts the New York Yankees games. The deal places a $3 billion value on the YES...
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Rupert Murdoch’s News Corp To Split As CEO Tom Mockridge Resigns
Tom Mockridge, Chief executive of Rupert Murdoch’s News Corp (NASDAQ:NWSA) (NASDAQ:NWS), will step down from his post at the end of the month. Mockridge would leave his post as an aftereffect of the...
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News Corp (NWSA) Shares Fall On Reported Losses
News Corp (NASDAQ:NWSA) shares are falling today after the company reported $2.1 billion in losses from its publishing business. In morning trades shares of the stock were down 2 percent. Bloomberg...
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Baupost Group Receives $1.5B From Lehman Settlement
Seth Klarman’s Baupost Group, LLC has joined several other hedge funds, who bet on a rally in European sovereign debt at the right time. Sources tell us that the hedge fund profited from its positions...
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Virgin Media Plc Deal With Liberty Could Pose Challenge To Murdoch
Liberty Global Inc. (NASDAQ:LBTYA) (NASDAQ:LBTYB), the holding company of Liberty Media Corp (NASDAQ:LMCAD) is in talks to buy U.K.’s Virgin Media Inc. (NASDAQ:VMED), in a deal that will give John...
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News Corp Spinoff To Start With Cash Pile, No Debt
News Corp (NASDAQ:NWSA) (NASDAQ:NWS)’s spinoff company will receive $2.6 billion in cash and not be saddled with any debt, according to a regulatory filing released today. The publishing company will...
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WSJ China Bribery Scandal: Facts Still Unclear
The Department of Justice (DOJ) opened an investigation last year after allegations surfaced that Chinese officials were bribed by the Wall Street Journal’s China news bureau in order to gain...
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News Corp Settles Shareholder Lawsuit Over Phone-Hacking Scandal
News Corp (NASDAQ:NWSA) (NASDAQ:NWS) said Monday that it has reached a settlement agreement with shareholders in lawsuits related to the acquisition of Shine studios and the phone hacking scandal. News...
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Earnings Preview: St. Joe, Rosetta Stone, News Corp, Shutterstock
With the market trading at an all-time high, first quarter earnings have provided a roller-coaster ride so far this season. Here is a look at five companies that will report after the bell tomorrow....
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News Corp (NWSA) Report Q3 Earnings, Revenue Soars
News Corp (NASDAQ:NWSA) (NASDAQ:NWS) announced its earnings for the first three months of 2013 today, Wednesday May 8, after the market closed. The company showed earnings of $36 cent per share for the...
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Post Market News: Tesla Motors, News Corp, Green Mountain, JPMorgan
Today’s market saw the three major indices lose a small amount of ground after weeks of strong trading. The S&P 500 finished down 0.37 percent to 1,626.67, Nasdaq fell 0.12 percent to 3,409.17, and...
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Hutchin Hill Buys Virgin Media, News Corp; Sells Starz, Dole Food
Hutchin Hill Capital filed its first quarter 13F with the Securities and Exchange Commission. The regulatory filings show that the hedge fund added a whopping 277 new stocks to its portfolio, increased...
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Blue Ridge Sells Apple, Disney, Delta, Buys Citigroup, Netflix
Blue Ridge Capital’s latest 13F filing with the Securities and Exchange Commission indicates that the firm’s portfolio was worth approximately 7.96 billion at the end of March. The firm bought seven...
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Farallon Capital Enters Elan, OfficeMax, Dell, Raises Clearwire Stake
Farallon Capital Management’s latest 13F filing with the Securities and Exchange Commission indicates that its portfolio was worth about $4.9 billion at the end of March. The firm bought 27 new stocks...
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Moore Capital Sells Wells Fargo, JPMorgan, BofA; Buys Dell In Q1
Moore Capital Management has filed its 13 F form with the SEC for the period ending March 31 2013. The investment firm showed that the equities it holds long under management increased from...
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Dan Loeb Buys Apple, Virgin Media, Exits Morgan Stanley, Herbalife
Dan Loeb’s Third Point fund had a market value of $5.3 billion at the end of the first quarter, according to its latest 13F filing with the Securities and Exchange Commission. The firm bought 17 new...
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