Rupert Murdoch’s News Corp. (NASDAQ:NWSA) issued a strong statement of support for newspapers, with chief executive Robert Thomson saying they had a crucial role in the group’s multimedia future. Like many media operations, News has struggled with sliding print advertising and circulation revenues. The company was broken up last June into two firms in a bid to insulate its profitable entertainment assets from newspapers. News Corp (NASDAQ:NWSA) net profit margin is -7.10% and weekly performance is 1.78%. On last trading day company shares ended up $17.17. Analysts mean target price for the company is $18.65. News Corp (NASDAQ:NWSA) distance from 50-day simple moving average (SMA50) is -0.18%.
Pearson PLC (ADR) (NYSE:PSO)’s stock had its “outperform” rating reaffirmed by equities research analysts at Credit Suisse in a research note issued to investors on Tuesday, Analyst RN reports. Pearson PLC (ADR) (NYSE:PSO) shares advanced 0.36% in last trading session and ended the day on $19.28. PSO gross Margin is 54.40% and its return on assets is 7.60%.Pearson PLC (ADR) (NYSE:PSO) quarterly performance is 7.17%.
Walt Disney Co. (NYSE:DIS) Chairman and CEO Robert Iger is “firmly in Major League Baseball’s potential lineup” of contenders to fill the commissioner role, reports the New York Post’s Page Six. Iger is said to be a favorite of the league’s succession committee, which is searching for a successor to Bud Selig before his contract expires in January. However, Iger’s contract with Disney extends into mid-2016, when he has said he will leave the media company, the story notes. The Walt Disney Company (NYSE:DIS) shares moved up 0.19% in last trading session and was closed at $82.35, while trading in range of $82.04 – $82.79. The Walt Disney Company (NYSE:DIS) year to date (YTD) performance is 7.79%.
New York Times Co. (NYSE:NYT) Chief Executive Officer Mark Thompson said there’s been no interruption in the newsroom since Jill Abramson was suddenly replaced as executive editor last week. The New York Times Company (NYSE:NYT) ended the last trading day at $14.70. Company weekly volatility is calculated as 2.78% and price to cash ratio as 2.59.The New York Times Company (NYSE:NYT) showed a negative weekly performance of -1.21%.
Lenovo Group Ltd. ORD (OTCMKTS:LNVGF) the world’s largest maker of personal computers, reported a 25 percent jump in fourth-quarter profit as its desktop models and mobile devices gained global market share. On last trading day company shares ended up $1.21.