news corp stock symbol

news corp stock symbol ; News Corporation has operations spanning film, television, and publishing. It produces and distributes movies through Fox Filmed Entertainment, while its FOX Broadcasting network boasts more than 200 affiliate stations in the US. The company also owns and operates more than 25 TV stations, as well as a portfolio of cable networks.

Its publishing businesses include newspaper publishers Dow Jones (The Wall Street Journal) and News International (The Times, London), and book publisher HarperCollins. In addition, News Corporation has stakes in British Sky Broadcasting (BSkyB) and Sky Deutschland.

Chairman and CEO: K. Rupert Murdoch

Ownership: Funds (4.91%) | Institutional (14.34%) | Other (46.80%)

The ticker symbol for News Corporation is NWS and it is traded on the New York Stock Exchange.

Also traded under NCRA on the London Stock Exchange and NWS on the Austrailian Securities Exchange.

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news corp stock prediction and prospects

news corp stock prediction and prospects : NEWS Corp’s shares have fluctuated wildly amid the bombshells that have rocked Rupert Murdoch’s empire. But news of the FBI investigation yesterday is likely to spark a downward trend for a while – shares have already fallen, closing down 2.26 per cent yesterday at $15.99.

As the political pressure continues to mount in the US, the possibility of Murdoch being ousted, however slight, continues to rise. And this presents a very interesting prospect for the canny investor.

News Corp has always traded at a considerable discount to its peers, partly due to the perception – largely accurate – that it is a firm run on the whims of a single man. It’s known as the Murdoch discount.

Since the latest tidal wave of revelations centering around News International, this discount has risen to around 30 per cent – making the group’s value far less than if someone decided to break it up and sell the constituent parts.

The lion’s share of News Corp’s operating profits come from its US cable networks business, which is worth at least $30bn. Its TV and movie studios business is worth another $12bn, which already takes you to its current market cap.

Throw in its 39 per cent holding in Sky, and other stakes including in privately held Sky Italia, and you have close to $20bn more, before even look at the value of the UK newspaper business that caused all the trouble in the first place (which is just about balanced out if you strip away News Corp’s $4bn debt).

Its operations in China have been stripped back significantly in the last 12 months but its Indian ventures have good growth prospects.