Tuesday, December 1, 2020

INVESTOR STORM BUILDS AROUND MURDOCH

April 27, 2012 by · Leave a Comment 

A day of testimony about the telephone hacking scandal by James Murdoch and two days by his father, Rupert Murdoch, in which they acknowledged that they allowed subordinates to dupe them about the extent of the matter have riled News Corp shareholders. Britain’s Guardian newspaper reported today (Friday) that they are particularly concerned about how […]

INVESTMENT ADVISERS WARN: NEWS CORP’S SCANDALS MAY BE COSTLY

February 15, 2012 by · Leave a Comment 

Britain’s Pensions & Investment Research Consultants (PIRC), a leading shareholders advisory group, has warned that the current investigation into the possible bribery of police and other officials by The Sun poses a far more burdensome challenge to Rupert Murdoch’s News Corp than the telephone hacking scandal. As a U.S.-based company, it could be subject to […]