Loading, Please wait ...

Please contact us if you would like to upgrade your account to include access to financial models

Please contact us if you would like to upgrade your account to include short term strategies for this stock.

NWS.O

ISIN: US65248E2037
SEDOL: B03DLY6

Rating:

HOLD

Target Price:

10.20 USD

Investment Horizon:

6 to 12 months
7th Jan 2009 View Report   Download

Company News Alert

CLICK VIEW REPORT TO READ FREE REPORT

The News Corporation Class B common stock has achieved our 22 December 2008 target price of US$10.20. As the current price no longer supports a BUY rating, we are downgrading the common stock rating from a BUY to a HOLD. We will reassess our rating for the News Corp Class B common stock after the company announces its 2Q 09 results in February 2009. As we continue to anticipate a significant positive currency impact on the Australian Class B…

22nd Dec 2008 View Report   Download

1Q 09 Update Report

CLICK VIEW REPORT TO READ FREE REPORT

News Corporation’s (News Corp) 1Q 09 revenues reported modest y-o-y growth, but were marginally below our estimate and declined sequentially, due to poor performances from key segments. Earnings declined significantly led by the higher cost of operations and a decline in equity earnings from affiliates. Margins are expected to contract in FY 2009 as operating performance from key segments weakens. Difficult global economic conditions and…

6th Nov 2008 View Report   Download

1Q 09 News Alert

CLICK VIEW REPORT TO READ FREE REPORT

1Q 09 results were significantly below our expectations. News Corporation’s (News Corp) 1Q 09 revenues grew modestly y-o-y but declined on a sequential basis. Operating and net level performances were weak led by higher costs and a decline in equity earnings from affiliates. We will reduce our estimates going forward to reflect the impact of the current global economic scenario and News Corp’s significantly reduced…

6th Oct 2008 View Report   Download

Company News Alert

CLICK VIEW REPORT TO READ FREE REPORT

The News Corporation (NWS) Class B common stock has experienced a significant decline in price since our last update report, reflecting weakness in the broader indices, and prevailing economic uncertainty....

16th Sep 2008 View Report   Download

4Q 08 Update Report

CLICK VIEW REPORT TO READ FREE REPORT

News Corporation’s (News Corp) 4Q 08 and FY 2008 revenue and operating income were marginally below our expectations, while adjusted2 net income was significantly below due to lower-than-expected equity earnings from affiliates. However, overall results posted healthy double-digit growth....