Wealth Enhancement Advisory Services LLC,
Assenagon Asset Management S.A., and various other investment firms increased their investments significantly in
News Corporation Class A (NWSA). Simultaneously, NWSA extended its
stock repurchase program by an additional
$1 billion. Following recent settlements in the Murdoch family,
Lachlan Murdoch will retain control of Rupert Murdoch's media empire, including NWSA. In the meantime, NWSA has announced secondary offerings of Class B Common Stock at
$32.45/share. Notably, Macquarie has downgraded NWSA's stock rating to Neutral, citing fair valuation. A recent Plaza push to end News Corp.'s dual-class structure was rejected by shareholders. Susan Panuccio, NWSA's CFO, has announced plans to step down. As part of a dramatic west coast expansion in 2026, the NY Post is making its entry into the California media market. Lastly, NWSA, relying on the brand power of country star Reba McEntire, is investing over
$100 million in marketing for
Realtor.com.
News Corporation Class A NWSA News Analytics from Tue, 26 Jun 2012 07:00:00 GMT to Sat, 27 Sep 2025 09:02:10 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -3