News Corporation Class A (NWSA) embarked on several key initiatives over the past months including a stock repurchase program, Q1 Fiscal 2025 results reporting, launching of Dow Jones's Factiva Smart Summary, and a series of investments from different firms. Notably, both existing and new shareholders such as
MQS Management LLC,
ING Groep NV,
GSA Capital Partners LLP, and
Aigen Investment Management LP, increased their positions in the company. Activist shareholders like
Starboard Value and
Irenic Capital have proposed ending News Corp's dual-class structure, gaining support from proxy firms. The corporation's subsidiary, Dow Jones, increased its stake in Ripjar as its Risk & Compliance revenue surged 16% to $300M. Prior to stepping down, CFO Susan Panuccio led a stock surge of 140%. While the company has witnessed underperformance on several trading days, it managed to bounce back, outperforming competitors on many instances. Finally, News Corp is set to announce earnings on next Thursday.
News Corporation Class A NWSA News Analytics from Fri, 01 Feb 2013 08:00:00 GMT to Fri, 15 Nov 2024 22:13:00 GMT -
Rating 5
- Innovation -2
- Information 6
- Rumor -4
