NWS
Stock Code
Stock Exchange
News Corporation or NewsCorp (NYSE: NWS, NWS.A; ASX: NWS, NWSLV) is a diversified international media and entertainment company. NewsCorp had total assets of approximately US$69 billion and total annual revenues of approximately US$31 billion as of December 31, 2007. News Corporation is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other.
Currency fluctuations will influence the earnings reports and hence the upcoming company reporting season in Australia.
The diversified international media and entertainment company News Corporation (NWS) has placed a massive $US11 billion worth of bid to gain complete control over the British Sky Broadcasting Group. It is to be mentioned that the recent takeover bid is one of the largest deals that News Corporation has come up with in years.
Aristocrat Leisure (ALL), a gaming company that focuses on developing gaming machines, software systems and related equipments was the best performer of the week in ASX100 with a gain of 9.5 percent or 38 cents closing the week at $4.35 (market capitalisation: $2320.2 million).
Australian Equity Strategy Update provided by Australian stockmarket analyst Macquarie Research Equities.
Model Portfolio Update
Reducing Energy - Preference For Diversifieds:
We remain overweight diversified resources (where valuations appear reasonable), and have moved energy down from benchmark to underweight, as we believe valuations in the sector are looking stretched, as is the oil price in our view.
Accumulating Banks:
The global media conglomerate reported a healthy third quarter profits. Most of the profits have been attributed to the growth in advertising revenue at Fox News and Fox Channel that pertain to its broadcasting and newspaper assets.
The discussion is about the effect of current media environment which has caused current businesses to review their operations for inefficiencies and strengths.
News Corp Takes Hit but Future is Glowing
News Corp (NWS) has a $33.03 share price target and an Outperform recommendation from Australian stock analyst Macquarie Research Equities.
NWS: Newscorp Sees Support at $20
News Corp (NWS) - Outperform
Current Price: $20.00
Target Price: $33.03 (~65% Upside)
P/E: 16.0 X
Div Yield: 0.5% (0% Franked)News Corp (NWS) Technicals:
Search
Must Read Articles
- Astrology Share Trading
- 8 Steps to Scalp the Forex Market
- Starting CFD Trading?
- Define CFD Trading
- What are the CFD Margin Requirements?
- What is Marked to Market & Variation Margin in CFDs?
- What is a CFD Margin Call?
- Calculate Your CFD Finance Charges
- Direct Market Access CFDs
- Market Maker CFDs
- Glossary of Share Trading
- Questions about Shares and the Sharemarket
- What are shares?
- How To Start Trading on the Sharemarket
- Trading Gold
- Australian Stock Scan
- Australian Online Share Trading
- List of Trading Books
- Interesting Thoughts about the Australian Dollar
- What's the Meaning of Hawkish?
- Do You Know How To Use the P/E Ratio
- Trading, Religion and Politics - Do They Have Anything in Common?
- Shares that are Volatile that Double and Half in the Short Term
- Telstra (TLS) T3
- Margin Call by E-mail
- The Cost of Holding a Position
- Lack of Disclosure: Compensation from ASX Listed Company
- Unrealistic Returns and Benchmarks
- CMC Markets Down
- Quality versus Quantity Forex Trading
- Insurer, IAG Profits Down
Date added 27-07-2010 - QBE Insurance Profit Forecast Down
Date added 26-07-2010 - Top 200 Australian Companies Worst 10 Losers
Date added 24-07-2010 - Top 100 Australian Companies Worst 10 Losers
Date added 24-07-2010 - Top 200 Australian Companies Best 10 Gainers
Date added 24-07-2010 - Top 100 Australian Companies Best 10 Gainers
Date added 24-07-2010 - ASX 200 Bottom 10 Companies of Australian Share Market
Date added 18-07-2010 - ASX 100 Bottom 10 Companies of Australian Share Market
Date added 18-07-2010 - ASX 200 Top 10 Companies of Australian Share Market
Date added 18-07-2010 - ASX 100 Top 10 Companies of Australian Share Market
Date added 18-07-2010 - Which ASX200 Stocks Decreased Value Last Week?
Date added 11-07-2010 - Which ASX 100 Stocks Lost Value Last Week?
Date added 11-07-2010 - Which ASX 200 Stocks Increased Value Last Week?
Date added 11-07-2010 - Which ASX 100 Stocks Gained Value Last Week?
Date added 11-07-2010 - Possible Demerger Orica: Dulux
Date added 08-07-2010
Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Maquarie Group (MQG)
- Foster’s Group Limited (FGL)
