Standard & Poor’s put News Corp (NYSE: NWS) on credit watch just as Rupert Murdoch prepares to testify before Parliament. His board may have signaled support for his role as CEO, but…
Douglas A. McIntyre Parliament will question Rupert Murdoch of News Corp (NYSE: NWS) today (Reuters) IBM’s (NYSE: IBM) service business rose, driving earnings up (Reuters) Cisco (NASDAQ: CSCO) will fire 15% of its workers (Reuters)…
Democrats and Republicans are not closer to a deal on the debt ceiling (Reuters) The hacking scandal has pushed News Corp’s shares (NYSE: NWS) even lower (Reuters) Moody’s suggested that the U.S.…
> Market cap before dropped bid: $22.o billion > Market cap after dropped bid: $18.7 billion pounds > Shareholder loss: $5 billion News Corp. has faced a wave of bad press and bad fortune since…
Douglas A. McIntyre Rupert Murdoch’s News Corp (NYSE: NWS) withdrew its bid for the part of BSkyB that it does not already own. The question is when will News Corp be back with a renewed…
Douglas A. McIntyre Updated throughout the day Oprah will take a larger role in her faltering cable network (WSJ) News Corp (NYSE: NWS) may sell all of its UK newspaper in the wake of the…
Douglas A. McIntyre Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Started as Overweight at JPMorgan. Applied Micro…
China’s GDP grew at a 9.5% rate last quarter and the country increased inflation forecasts (Reuters) Moody’s cut Ireland’s rating to junk (Reuters) EU leaders may let Greece default (Reuters) Netflix (NASDAQ:…
The market is soft, the economy hit a soft patch, and now woes are building about Italy beyond Greece, while China and India keep applying the brakes on growth. This is taking…
News Corp (NYSE: NWS) has filed a document with the SEC that says it will buy in as may as $5 billion of its shares. The market cap of the company has…
Douglas A. McIntyre Updated throughout the day The US government will investigation News Corp (NYSE: NWS) for bribery charges (various) Eurozone finance ministers are ready to accept a Greek default (Reuters) News Corp International reported…
News Corp (NYSE: NWS) may face a bribery probe in the U.S. (Reuters) An Apple (NASDAQ: AAPL) patent lawyer may leave the firm (Reuters) China bank lending picked up. This could cause…
The market’s perception is that News Corp (NYSE: NWS) has been sullied as an investment following the investigations into phone hacking and bribes by News of the World reporters and editors. In…
Douglas A. McIntyre The mainstream coverage of the News of the World scandal has begun to look like the publication’s own coverage of celebrities, sensational crimes, pictorials of nearly naked ladies, and any other tawdry…
Douglas A. McIntyre The prime minister of China says inflation is the government’s first priority and that the central bank there may tighten monetary policy again (Reuters) EU financial ministers and central bankers will meet…
