Posts for Ticker ‘NWS-A’

Top Analyst Upgrades (ANF, CSCO, KO, GR, HMY, KSS, NWS-A, DIS, VIA-B)

These are this Wednesday mornings top pre-market analyst upgrades and positive research calls we have seen early on from Wall Street:

Abercrombie & Fitch (NYSE: ANF) Raised to Equal Weight at Morgan Stanley.
Cisco Systems (NASDAQ: CSCO) Raised to Outperform at William Blair.
Coca-Cola (NYSE: KO) Raised to Buy at Deutsche Bank.
Goodrich (NYSE: GR) Raised to Outperform at FBR Capital.
Harmony Gold (NYSE: HMY) Raised to Buy at Nomura.
Kohl’s (NYSE: KSS) Raised to Overweight at Morgan Stanley.
News Corp (NWS-A) Raised to Buy at BofA/Merrill Lynch.
The Walt Disney Co. (NYSE: DIS) Raised to Neutral at BofA/Merrill Lynch.
Viacom B (VIA-B) Raised to Neutral at BofA/Merrill Lynch.

You can join our open email distribution list which goes out several times per week for reminders of the top day trader alerts, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: October 7, 2009 – 7:59 am in Analyst Calls, , , , , , , , ,

A Solution For Troubled Newspapers And Magazines: Internet-Only Products

pc2No printed Wall Street Journal. No printed New York Times, or Newsweek or The New Yorker. That possibility grows more by the day.

Hearst, which said it would close it Seattle paper, the Post-Intelligencer, has told some members of its staff that they may be candidates to create an online version of the paper as its print version is shuttered. Read More »

Posted on: March 6, 2009 – 5:57 am in Internet, Media, Old Media, , , ,

Murdoch Grows Operating Income In 7 of 8 Segments (NWS)

NEWS CORP (NYSE: NWS, NWS-A) has just posted earnings of $832 million or $0.27 EPS.  Its consolidated operating income for the second quarter was $1.4 billion was up 24% versus the $1.1 billion reported a year ago.

Below is the consolidated Operating Income from each unit, with comparisons from Dec-2007 to Dec-2006 and a POS. or NEG. note (positive or negative) ahead.  Seven of the Eight units showed positive growth in operating income:
NEG.    Filmed Entertainment  $403M vs. $470M       
POS.    Television   $245M vs $112M   
POS.    Cable Network Programming  $337 vs $275M
POS.    Direct Broadcast Satellite Television     $62M vs. -$12M
POS.    Magazines and Inserts     $85M vs. $74M         
POS.    Newspapers and Information Services  $196M vs. $170    
POS.    Book Publishing  $67M vs. $54
POS.    Other  $23M vs. $1M

Frankly, we are not really concentrating on any EPS numbers because the integration from the monumental Dow Jones acquisition.  Same goes for guidance.  But what is obvious as can be is that the Rupert Murdoch model is working.  We can’t show you too many newspaper and magazine operators that are showing this strong of operating income for these segments.

These media conglomerate earnings take quite a bit of time to digest the fall-out for the entire sector because of so man moving parts.  The NWS-A more active shares closed down 0.3% at $19.35 in regulartrading and are essentially unchanged in after-hours trading.  The52-week trading range for NWS-A shares is $17.19 to $25.40. 

Stay tuned for Disney earnings tomorrow and Time Warner earnings on Wednesday.

Jon C. Ogg
February 4, 2008

Posted on: February 4, 2008 – 5:00 pm in Earnings, Media, , ,