TV Drives Up News Corp. Earnings
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NEW YORK - Earnings at News Corp., the media conglomerate run by Rupert Murdoch, rose 27 percent in the latest quarter on stronger results from broadcast television, cable networks and newspapers, the company reported Wednesday.
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Shares of Comcast Corp. CMCSA.O rose  2 percent before the bell on Wednesday after the largest U.S.  cable operator posted a quarterly profit below Wall Street  estimates but reported better-than-expected gains in high-speed  Internet customers.
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Comcast Corp, the largest U.S. cable  TV operator, posted on Thursday a 2 percent rise in quarterly  profit excluding one-time items but lost more basic video  subscribers than analysts had expected.
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Gannett Co. Inc.  posted a better-than-expected 3 percent rise in quarterly profit on Friday, boosted by higher advertising demand at its newspapers and a rise in political ad sales at its TV stations.
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Liberty Media said on Wednesday profit at two of its key division rose on higher subscriptions at Starz and higher sales at QVC.
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DALLAS (CBS.MW) - Shares of TXU surged as much as 15 percent Monday after announcing it more than tripled its dividend payout from the prior quarter, increased its 2004 and 2005 earnings forecasts, and set a 50 million stock repurchase program.
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Media company Gannett Co Inc. GCI.N  on Tuesday reported higher quarterly profit, propelled by  advertising sales gains at its newspapers and broadcast  television stations.
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NEW YORK - Strong earnings from financial services companies and upbeat economic data pushed stocks higher Tuesday, but many investors clung to the sidelines ahead of the Federal Reserve's decision on interest rates, expected later in the session.    In afternoon trading, the Dow Jones industrial average was up 15.49, or 0.2 percent, at 10,220.38...
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Rupert Murdoch's upstart Fox Business  Network drew an estimated 6,000 average weekday viewers in its  first few months on U.S. cable television, far behind  entrenched rival CNBC, according to early ratings estimates  obtained by Reuters.
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Viacom Inc. on Thursday said its quarterly profit from continuing operations rose 12 percent on higher cable network advertising sales and announced a larger-than-expected stock repurchase, sending its shares up 3 percent.
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Media conglomerate News Corp.  said on Wednesday its quarterly sales rose helped by higher "Borat" box office sales and "X-Men" DVDs, but profit fell due to one-time gain a year earlier.
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Tribune Co.  reported a higher quarterly profit on Thursday because of one-time gains, while an extra week in the quarter boosted advertising revenue at the company's newspaper operations.
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NEW YORK - Strong earnings from financial services companies and upbeat economic data pushed stocks higher Tuesday, but many investors clung to the sidelines ahead of the Federal Reserve's decision on interest rates, expected later in the session.    In afternoon trading, the Dow Jones industrial average was up 13.42, or 0.1 percent, at 10,218.31...
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U.S. stocks rose on Monday, with  investors betting on good earnings news as the fourth-quarter  reporting season kicks off, while a hike in crude to around $47  a barrel boosted oil company shares.
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A strong performance by Walt Disney's TV channels offsets weaker movie revenues, pushing fourth-quarter profits up by a quarter.
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Strong sales at newspapers, TV and cable help Rupert Murdoch&#39;s media empire post two cents higher. LOS ANGELES  - Rupert Murdoch&#39;s News Corp.
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News Corp. reported an 80 percent jump in net profits for the last three months of 2004 Wednesday driven by big gains in home video sales at its Twentieth Century Fox film studio and also higher income at its Fox News Channel and other cable networks.