Profit Up Modestly at News Corp.
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The company, which closed a $5.6 billion deal to buy Dow Jones & Company in December, said quarterly profit increased to $832 million, or 27 cents a share.
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The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Streetâs expectations.
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Cable giant Comcast Corp. on Wednesday posted a smaller third-quarter profit that missed Wall Street expectations, but said digital cable and high-speed Internet subscriptions continued to grow during the period.
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Rupert Murdoch&#39;s News Corporation, basking in the glow of its successful shift to the United States, has unveiled a 27 per cent rise in first quarter profit and declared it is on the cusp of a new and more profitable era.
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Media conglomerate News Corp. (NWSa.N)  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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News Corp. said quarterly earnings were up 1 percent from a year earlier as results from the Fox broadcast network and news channel outweighed lighter returns from movies and TV production.
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The book retailer's earnings were ordinary, but its growth outlook looks enticing.
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U.S. stocks finished slightly higher  on Monday as investors bet on good earnings news as the  fourth-quarter reporting season kicks off -- although hopes  were muted after the closing bell as Dow component Alcoa Inc.  AA.N posted profits below Wall Street's expectations.
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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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News Corp.'s earnings rose 19 percent as stronger results from cable networks, broadcast television and movies outweighed a slump in newspapers, the media company reported Tuesday. Results were also lifted by a gain from selling a European radio business.
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Sydney - Rupert Murdoch said his US-bound media giant News Corp is on the &quot;cusp of a new and more prosperous era&quot;, as it reported Thursday a jump in earnings, while rival mogul John Malone moved to increase his stake in the company.
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NEW YORK -- Dow Jones & Co., which is considering a bid to be bought by Rupert Murdoch's News Corp., reported lower second-quarter profits Thursday due to an accounting charge, but revenues and operating income rose.
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The companyâs second-quarter profit rose 37 percent after factoring in losses from assets it sold, but on a continuing basis results fell on buyout costs at its newspapers.
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Comcast (CMCSA:Nasdaq - news - research) came up short on the bottom line for the third quarter, but subscriber growth figures came in well ahead of Wall Street&#39;s expectations.
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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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As a day-to-day business, Dow Jones under News Corp. may not be all that different. Here's why.
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Media group Emap reports a modest rise in interim profits and says it has stemmed falling sales at its French TV listings magazines.