Publishing
More
-
May 24- News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. Analysts were expecting News Corp to report a pretax profit of $1.4 billion, according to Thomson Reuters I/B/E/S.
-
May 24- News Corp set the distribution ratios for the spinoff of its publishing business, which may start buying back stock right away. The board of the publishing business, which will retain the News Corp name, authorized a $500 million stock repurchase program, the company said on Friday.
-
MANILA, Philippines-- Dan Brown's description of Manila as "the gates of hell" in the American novelist's latest book has not gone down well with officials in the Philippine capital.
-
May 24- News Corp set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away.
-
May 24- News Corp set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away. The board of the publishing business, which will retain the News Corp name, authorized a $500 million stock repurchase program, the company said on Friday.
-
LANSING, Mich.-- Michigan Attorney General Bill Schuette says state residents will receive about $4.3 million as part of a nationwide settlement in an e-book price-fixing case. He says Michigan consumers will share about $4.3 million from Penguin, Hachette Book Group, HarperCollins, Simon& Schuster and Holtzbrinck Publishers.
-
Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
-
Daniel Doctoroff, the CEO and president of Bloomberg LP, has posted his first blog on the company's web site apologizing to customers.
-
*Apple drags on the S&P and Nasdaq, IBM weighs on the Dow. *Tesla Motors surges after results. NEW YORK, May 9- The S&P 500 broke a five-day streak of record closing highs on Thursday, ending a fairly volatile session lower as the market's recent momentum faded and Apple's shares declined.
-
*Barnes& Noble leaps after TechCrunch reports Microsoft interest. *Tesla Motors surges after results. NEW YORK, May 9- The S&P 500 broke a five-day string of record closing highs on Thursday, ending a fairly volatile session lower as recent momentum lost steam and Apple shares declined.
-
*Barnes& Noble leaps after TechCrunch reports Microsoft interest. *Tesla Motors surges after results. Boosting the S&P 500, News Corp shares gained 5.2 percent to $33.51.
-
*Barnes& Noble soars after TechCrunch report of Microsoft interest. *Tesla Motors and Groupon soar after results. "We've had such a consistent upward move that investors need some real new news to keep the momentum going," said Rick Meckler, president of hedge fund LibertyView Capital Management LLC in Jersey City, New Jersey.
-
*Tesla Motors and Groupon soar after results. NEW YORK, May 9- U.S. stocks edged lower on Thursday despite stronger-than-expected data on the labor market, with Wall Street coming off a sustained rally that took the S&P 500 to record closing highs for five straight sessions.
-
*Groupon soars in premarket on revenue growth. NEW YORK, May 9- U.S. stock index futures pointed to a slightly lower open on Thursday despite stronger-than-expected data on the labor market, with Wall Street coming off a sustained rally that took the S&P 500 to record closing highs for five straight sessions.
-
Donald Katz, Audible.com founder & CEO, explains how he turned his business into the world's largest producer and seller of digital books.
-
*Dow, S&P come off records after five days of gains. *Groupon revenue growth faster than expected. NEW YORK, May 9- U.S. stock index futures were flat on Thursday, as investors paused to await data on the labor market after the S&P 500 closed at new highs for the past five consecutive sessions.
-
Tuna Amobi, senior media and entertainment equity analyst at S&P Capital IQ, says News Corp results, driven by Cable, were better than expected and discusses the upcoming spin-off.
-
*Barnes& Noble soars after TechCrunch report of Microsoft interest. *Tesla Motors and Groupon soar after results. NEW YORK, May 9- The S&P 500 edged lower on Thursday, coming off its record highs, as data showing signs of improvement in the labor market was not enough of a catalyst to add to the recent upward momentum.
-
*Torstar Q1 profit falls by three-quarters, Quebecor profit halves. *Quebecor shares drop 4 pct. May 8- Canadian newspaper publishers Torstar Corp and Quebecor Inc delivered more bad news to investors on Wednesday, saying that cost cuts were failing to keep pace with an accelerating decline in print media revenue.
-
LONDON, May 8- Tom Mockridge, who worked closely with Rupert Murdoch in more than 20 years at News Corp, is to take over at Virgin Media, pitting the two men against each other in a battle for British pay-TV viewers.