News Corp. paid A$882M by Australian tax authorities last year, FT says Australia’s tax authorities paid News Corp A$882M late last year following the company's win in a legal disputed over foreign exchange losses, said Financial Times. Reference Link
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.