21st Century Fox (FOXA) PT Raised to $35 at RBC Capital; Reiterates Outperform
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21st Century Fox (FOXA): Tough Ad Comps Overhang 2018 - Cowen
August 10, 2017 6:41 AM EDTCowen analyst, Doug Creutz, reiterated his Market Perform rating on shares of 21st Century Fox (NASDAQ: FOXA) and cut his price target to $32 from $33 after the company reported Q4:F17 OIBDA that was in-line with expectations.
The analyst stated "we are reducing... More
21st Century Fox (FOXA) Tops Q4 EPS by 1c
August 9, 2017 4:03 PM EDT21st Century Fox (NASDAQ: FOXA) reported Q4 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $6.75 billion versus the consensus estimate of $6.77 billion.
For earnings history and earnings-related data on 21st Century Fox (FOXA) click here.
... MoreSky investor Odey says Fox bid is losing appeal
August 9, 2017 10:18 AM EDTBy Ben Martin
LONDON (Reuters) - Hedge fund manager Crispin Odey is considering withdrawing his support for Twenty-First Century Fox's (NASDAQ: FOXA) attempt to take over Sky , saying the 11.7 billion-pound ($15.20 billion) offer undervalues the British pay TV broadcaster.
Odey, who is the 15th biggest Sky shareholder with a 1 percent stake, told Reuters in a telephone interview that regulatory delays have caused him to reconsider his support for Fox's 10.75 pound-a-share offer for the 61 percent of Sky it does not already own.
His comments mark a reversal of his... More
S&P closes barely lower despite North Korea tensions
August 9, 2017 7:41 AM EDTBy Kimberly Chin
NEW YORK (Reuters) - U.S. stocks clawed back losses late on Wednesday as investors appeared to brush off geopolitical concerns after falling in the wake of U.S. President Donald Trump's "fire and fury" warning to North Korea.
Bargain-seeking investors instead turned their focus to strength in the global economy and earnings toward the end of an active trading day.
"It's amazing when you consider the headlines just how calm the equity markets are, how they've taken things in their stride," said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North... More
UK government asks watchdog to look into Fox's bid for Sky
August 8, 2017 4:29 PM EDT(Reuters) - Britain's department of culture said on Tuesday it had written to media watchdog Ofcom for more information on its views on Twenty-First Century Fox's (NASDAQ: FOXA) bid for Sky Plc .
It said it wanted some clarification following a... More
