Twenty-First Century Fox (FOXA) Falls as Sales Off

Twenty-First Century Fox Inc

shares tumbled 10.8% to $28.49. Twenty-First Century Fox reported better-than-expected earnings for the fourth quarter, but the company's sales missed analysts' estimates. The company announced a $5-billion stock buyback program and lowered its profit outlook for year. Share volume was 50.1 million, routing all-day average of 13.3 million