News Corporation Class A (NWSA) has been making several key moves in the market. It has consistently announced updates on their stock repurchase program. The company continues with its billion-dollar repurchasing scheme, pulling the stock back into the company. News Corp reported robust Q2 fiscal 2025 results, exceeding FactSet analyst consensus. Starboard Value tried to eliminate the dual-class share structure, but its proposal was rejected by shareholders, ensuring Murdoch family's control over the media empire. Citigroup maintaines a buy rating on NWSA stock with a $36 target, indicating optimism about future performance. Further, News Corp sold Foxtel to DAZN for an enterprise value of AUD 3.4 billion,
The company's CFO Susan Panuccio is stepping down, while Dow Jones, News Corp.'s unit, expands its compliance data services after reporting 16% growth. The corporation also announced an agreement to acquire Dragonfly Intelligence and Oxford Analytica for $40 million. The actions highlight the ongoing efforts by NWSA to streamline operations and boost shareholder value.
News Corporation Class A NWSA News Analytics from Thu, 13 Jun 2013 07:00:00 GMT to Fri, 07 Mar 2025 12:36:42 GMT - Rating 6 - Innovation 1 - Information 8 - Rumor -2
