News Corp
Change company Symbol lookup
Select an option...
NWS News Corp
TUES Tuesday Morning Corp
LXXGF Lexagene Holdings Inc
BKE Buckle Inc
CRMT America's CAR-MART Inc
DE Deere & Co
JKS JinkoSolar Holding Co Ltd
TLGT Teligent Inc (NEW JERSEY)
ALK Alaska Air Group Inc
AAL American Airlines Group Inc
Go

Communication Services : Media | Mid Cap Value
Company profile

News Corp is a media and information services company. The Company has businesses across a range of media, including news and information services, subscription video services in Australia, book publishing and digital real estate services. Its segments include News and Information Services, Subscription Video Services, Book Publishing and Digital Real Estate Services. The News and Information Services segment includes its global print, digital and broadcast radio media platforms. Subscription Video Services segment provides video sports, entertainment and news services to pay-tv subscribers and other commercial licensees. Book Publishing segment consists of HarperCollins, a consumer book publisher with operations in approximately 17 countries and particular strengths in general fiction, nonfiction, children’s and religious publishing. Digital Real Estate Services segment consists of the Company’s interest in REA Group and interest in Move.

Closing Price
$11.63
Day's Change
0.08 (0.69%)
Bid
--
Ask
--
B/A Size
--
Day's High
11.68
Day's Low
11.53
Volume
(Light)
Volume:
249,809

10-day average volume:
602,393
249,809

UPDATE: Aurora Cannabis, Tilray and Sundial stocks slide premarket as Cowen downgrades all three

11:40 am ET February 24, 2020 (MarketWatch)
Print

Cowen downgraded Aurora Cannabis Inc. (ACB.T), Tilray Inc. (TLRY) and Sundial Growers Inc. (SNDL) to market perform from outperform on Monday, and said it's increasingly cautious on the outlook for cannabis in Canada. Analyst Vivien Azer said the headwinds that have rocked the sector from pricing to too few stores to inventory do not appear to be easing and Cannabis 2.0, the second phase of legalization involving edibles and other derivatives, are unlikely to be a panacea. Canopy Growth Corp. (WEED.T), the market leader, is now Azer's only outperform rate stock among Canadian licensed producers. "After already having lowered our 2020 TAM a cumulative 27% since January 2017, we are now forecasting C$3.5 bn ($2.6 billion) in legal market cannabis sales (including medical cannabis and taxes), which is 32% below our prior forecast," Azer wrote. "More narrowly, we expect of C$2.5 bn of adult use net sales compared to the current run-rate of C$1.8 bn." Aurora's U.S.-listed shares were down 6% premarket, while Tilray was down 7% and Sundial was down 2.6%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 24, 2020 11:40 ET (16:40 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.