News Corp. Lifts Forecast as Profit Beats Estimates (Update2)

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bloomberg.com - 11/4/2009

News Corp. Lifts Forecast as Profit Beats Estimates (Update2)

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Nov. 4 (Bloomberg) -- News Corp. , owner of the Twentieth Century Fox film studio, raised its full-year forecast after reporting first-quarter profit gained 11 percent, driven by box- office gains from films including “Ice Age.” Net income increased to $571 million, or 22 cents a share, from ...

nytimes.com - 11/3/2009

E.U. Lifts Growth Forecast for 2010

— nytimes.com — PARIS — The European Union said Tuesday that the 27-nation bloc would be out of recession by... the end of the year, and it revised its forecast for economic growth in 2010 upward. But it also warned that rising unemployment would keep the recovery in ... (more) E.U. Lifts Growth Forecast for 2010

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Between the Hedges: Thursday Watch

BloggingStocks: News Corp. beats forecasts, but television business is weak

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Thursday Watch
Between the Hedges — Late-Night Headlines Bloomberg: - Undeterred by Republican election triumphs in Virginia and New Jersey, Democratic leaders put the U.S. House on a path to vote as early as Saturday on the most sweeping overhaul of health-care policy in four decades. The election of Republican governors in New Jersey and Virginia won’t affect how the House proceeds on legislation to extend insurance to 36 million people and create a government- run program to compete with private insurers, lawmakers said. Party leaders signaled they’re ready for the House to begin debating the legislation and vote on its final passage by filing a 42-page amendment that made ...

News Corp. beats forecasts, but television business is weak
BloggingStocks — Filed under: Earnings reports, General Electric (GE), Time Warner (TWX), Walt Disney (DIS), News Corp'B' (NWS), Media World News Corp. (NASDAQ: NWS), the big media conglomerate that competes with Disney (NYSE: DIS), Time Warner (NYSE: TWX), and General Electric's (NYSE: GE) NBC Universal, issued Q1 data on Wednesday after regular trading was over. Revenues declined 4%, but earnings per share went up 10% to 22 cents. According to Bloomberg, that was enough to beat analysts by four pennies. That's pretty decent for the company, ...