Last year, the DOJ launched a broad antitrust investigation into big US tech companies including Google. The DOJ contacted News Corp. to get more information.
Australia’s ASX200 recovered today after a loss on Friday. After losing 0.55% on Friday, the index rose 0.22% today. Out of 200 stocks in the index, 83 advanced, while 103 retreated. 14 stayed unchanged today. BHP Group (BHP) and Rio Tinto (RIO) were among the gainers, while News Corp (NWSA) lost 1.29% on the Australian Stock Exchange today.
On June 19, Australia’s ASX200 posted its second consecutive gain. The index rose 1.2% and closed at a fresh 11-year high of 6,648.10. The index is inching towards its lifetime high of 6,851.5.
21st Century Fox (FOXA) will be left with news and sports assets after selling most of its assets to the Walt Disney Company (DIS) in a $52.4 billion deal.
Twenty-First Century Fox (FOX)(FOXA) recently suffered a blow to its efforts to take full control of Sky, a leading television company in Europe (EFA).
Capital return trends Leading media mogul The Walt Disney Company (DIS) has continued to improve its capital return policy, driven by attractive dividend payments and strong share repurchase programs. In fiscal 2017, the media giant returned ~$11.8 billion to shareholders via buybacks and dividend payments, compared with $9.8 billion in fiscal 2016. In fiscal 2018, the […]
Methods to enhance shareholders’ wealth Media conglomerate The Walt Disney Company (DIS) looks attractive to investors, mainly due to its regular dividend payments and healthy share buyback goals. It continues to enhance shareholders’ wealth through such objectives. In fiscal 2017, the company returned ~$11.8 billion to its shareholders through buybacks and dividend payments, compared with […]
Through its NBCUniversal unit, Comcast (CMCSA) has invested $1.5 billion in digital assets over the last 18 months. These investments include a stake in Snap (SNAP).
Netflix (NFLX) has expanded its reach outside the United States. It’s now available in 190 countries, but as it expands, there are some challenges it may face.
Key business segments News Corp (NWSA) announced its fiscal 1Q16 earnings on November 5, 2015. News Corp has four business segments: News and Information Services, Book Publishing, Digital Real Estate Services, and Cable Network Programming. The company recorded fiscal 1Q16 revenues of $2.0 billion, a fall of 4% over fiscal 1Q15 revenues of $2.1 billion. As the […]
