Alliancebernstein L.P. has sold 289,373 shares of
News Corporation (NWSA). Meanwhile, after assessing
NWSA's recent $456 Million equity offering,
ScienCast Management LP and
Great Lakes Advisors LLC took significant positions in
NWSA. Similarly,
AQR Capital Management LLC and
Adage Capital Partners GP L.L.C bought a considerable number of shares of the corporation. The Murdoch family has resolved a succession dispute, with
Lachlan staying in control of
News Corp and Fox. The
NWSA received a consensus recommendation of 'Buy' from analysts.
News Corporation also announced the pricing of a secondary offering of its Class B common stock. The company expanded its stock repurchase program by
$1 billion and intends to accelerate its pace. The
NWSA Board approved a fresh US$1 billion share repurchase authorization. However, the dual-class structure of
News Corp will continue, as Starboard's push to end it failed. A
Realtor.com survey revealed that $12.7T in US homes face a severe climate change risk, prompting an insurance crisis.
News Corporation Class A NWSA News Analytics from Thu, 05 Oct 2023 22:26:02 GMT to Sat, 13 Sep 2025 22:57:37 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -1
