News Corp.: Suspension will remain in place for as long as deemed necessary The suspension of voting rights will remain in place for as long as the Company deems it necessary to maintain compliance with U.S. law. However, it will not apply in connection with any vote on any matter on which holders of Class A Common Stock shall be entitled to vote together with holders of Class B Common Stock as described in the Company’s Restated Certificate of Incorporation. The Murdoch Family Trust and K. Rupert Murdoch have entered into an agreement with the Company not to vote or provide voting instructions with respect to a portion of the shares of Class B Common Stock they own during the voting rights suspension period, to the extent that doing so would increase their percentage of voting power from what it was prior to the suspension.
News Corp. upgraded at Macquarie As previously reported, Macquarie upgraded News Corp to Neutral from Underperform. The firm upgraded shares based on valuation and expectations for operational trends to improve in 2015. Price target is $16.70.