The past weeks have been pivotal for News Corporation Class A (NWSA). They have been tenacious in proceeding with their $1 billion stock repurchase program, repeatedly updating the market on its progress. Despite this, efforts by Starboard and Irenic Capital to terminate NWSA's dual-class structure have been unsuccessful. NWSA shareholders have rejected these propositions, reaffirming the company's current structure. In the midst of these activities, strong financial performance was reported in NWSA's Q2 2025 fiscal results, mirroring an EPS of $0.33 that surpassed analysts' expectations. Notably, NWSA has also gained traction in the market with Citi maintaining a 'Buy' rating and opening a 'positive catalyst watch' on their stock. Recently, Dow Jones, a NWSA unit, acquired Dragonfly Intelligence and Oxford Analytica for $40 million, expanding its compliance data services following 16% growth. At the same time NWSA announced an agreement to sell Foxtel to DAZN for an enterprise value of A$3.4 billion. Amid these developments, NWSA also faced a key ruling, with Rupert Murdoch stepping down as chairman and CFO Susan Panuccio's announced departure.
News Corporation Class A NWSA News Analytics from Thu, 13 Jun 2013 07:00:00 GMT to Fri, 14 Mar 2025 10:21:22 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor -2
