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Stock Market & Financial Investment News

News Breaks
March 25, 2013
06:49 EDTNWSANews Corp. bid on Los Angeles Times up in the air, NY Times reports
News Corp. (NWSA) CEO Rupert Murdoch wants to buy The Los Angeles Times, an unnamed source close to Murdoch told The New York Times. But the FCC has delayed a vote on revising a rule which currently blocks the company from buying the newspaper, The Times noted. Furthermore, another source said that Murdoch thinks the regulatory hurdles make the deal more trouble than it's worth, the newspaper stated. Reference Link
News For NWSA From The Last 14 Days
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September 19, 2014
10:07 EDTNWSAHigh option volume stocks
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September 17, 2014
17:48 EDTNWSANews Corp opposed Google EC settlement offer
Early last week, in a letter to European Commissioner for Competition Joaquín Almunia, News Corp (NWS, NWSA) CEO Robert Thomson opposed Google’s (GOOG) settlement offer with the European Commission, or EC, saying the internet giant is “willing to exploit its dominant market position to stifle competition.” Thomson said News Corp also opposed the proposed five year term of a settlement, noting that “five years is an eternity in internet time.” Citing Google’s “egregious aggregation” of content, Mr. Thomson said that, along with serious commercial damage, there is a “profound social cost” to Google’s actions. “The internet should be a canvas for freedom of expression and for high quality content of enduring value. Undermining the basic business model of professional content creators will lead to a less informed, more vexatious level of dialogue in our society.” "Your decision to reconsider Google's settlement offer comes at a crucial moment in the history of the free flow of information and of a healthy media in Europe and beyond," Mr. Thomson wrote.
September 10, 2014
11:04 EDTNWSANews Corp says can not predict future of advertising in U.S., UK
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