News Corporation

The parade of earnings from major retailers begins this week with quarterly reports due from Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN). Analysts expect to see year-over-year revenue growth from all three, but lower per-share earnings from Kohl's. Many more retailers are...

It really is going to be a long time before the dust settles on the News of the World hacking scandal and the Murdoch clan can get back to business as usual. James Desborough, the NOTW's US editor, is the 13th person to be held by police investigating the charges. Desborough is a former show...

Deutsche Bank has published a report on News Corporation (NASDAQ: NWS) resuming coverage among the widely publicized phone hacking scandal. In the report, Deutsche Bank wrote, "Newscorp's stock has underperformed peers by 10.5% since July 5th ($5b of value) due to a remarkable crisis in the U.K.,...

Collins Stewart has raised the price target on News Corporation (NASDAQ: NWSA) from $18 to $25 and maintains its Buy rating.

News Corporation (Nasdaq: NWS) (NYSE: NWS-A) announced on Tuesday that it had reached a deal to buy 9.09% of Middle Eastern media company Rotana Group, with an option to double its stake within 18 months of the deal closing. Rotana Group is owned by billionaire Suadi Arabian investor Prince...

Needham analyst Laura Martin reiterated Needham's Buy rating for CBS Corp (NYSE: CBS) and recommended that investors buy shares of CBS Corp before the broadcaster's earnings report today at 4:30pm. Martin said, "We recommend investors buy CBS going into earnings because we believe consensus...

The Time Warner Inc (NYSE: TWX) movie studio Warner Bros. has reached a deal with DVD rental service Redbox, owned by Coinstar, Inc. (Nasdaq: CSTR), to wait until 28 days after new DVD titles are released to begin renting them to customers. The deal is similar to the one that Warner Bros. reached...

News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) announced on Wednesday that the Chief Executive Officer of its MySpace subsidiary, Owen Van Natta, resigned from the position he held for less than a year. Rival Facebook has been gaining market share and buzz at the expense of MySpace. Microsoft...

Chase Carey, Chief Operating Officer of News Corporation (Nasdaq: NWS) (Nasdaq: NWSA), told analysts during a conference call on Tuesday that the television advertising market is improving. He said things were improving for all of News Corporation's television businesses, although the economic...

News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) chairman Rupert Murdoch, speaking with reporters during a conference call on Tuesday, said that his Fox network is having internal talks about offering former "Tonight Show" host Conan O'Brien a new late night program. So far, the talks are just...