
News Corporation NWSNWS.A announced Thursday that it is increasing its exchange offer to shareholders of Fox Entertainment Group FOX to 2.04 News Corp. Class A shares from 1.9. We are not changing our fair value estimate for either company
News Corporation NWSNWS.A on Monday announced plans to acquire the portion of Fox Entertainment Group FOX that it does not already own, roughly 18%. We are not changing our fair value estimates for News Corp. or Fox at this time
Fox Entertainment Group FOX reported earnings that highlighted its ability to monetize its extensive content. We are not changing our $30 per share fair
We're maintaining our $30 fair value estimate on Fox's shares. While we like the company's prospects, we think that they're already priced into the stock price. Fox's fiscal first-quarter results were very strong, both on the top and bottom lines. The primary driver of this growth was the filmed ...
On the basis of recent improvements in profitability and our expectation that this trend can continue well into the future, we have bumped Fox's fair value estimate to $30 per share from $26. We still wouldn't invest, though, as the stock has a long way to fall before it would be in 5-star ...