Monday, September 21, 2020

DESPITE HACKING SCANDAL, NEWS CORP’S NET SURGES 47 PERCENT

May 10, 2012 by · Leave a Comment 

associated with the British telephone hacking scandal that brought down its most profitable newspaper, The News of the World, but the company nevertheless reported a 47-percent surge in net income in its third quarter to $937 million versus $639 million for the same period a year ago. “Once again, News Corporation showed strong operational momentum […]

NETFLIX SHARES PLUNGE AGAIN

April 24, 2012 by · Leave a Comment 

Netflix’s first-quarter earnings filing received a mixed reception from analysts on Monday. Several shook their heads over the increased costs to expand internationally and to acquire — and in some cases produce — first-run television shows, costs that produced the company’s first quarterly loss. Others, however, noted that the company appears to be attracting additional […]