FOX News and Press, Fox Corporation From 08/16/22

US broadcaster Tegna is getting acquired by a consortium of PE buyers, including Standard General and Apollo. The merger arbitrage setup is currently offering a ~37% annualized return if the transaction closes before the end of the year. Regulatory approval seems likely as the com...

Fox ( NASDAQ: FOX ) declares $0.25/share semi-annual dividend , 4.2% increase from prior dividend of $0.24. Forward yield 1.49% Payable Sept. 28; for shareholders of record Aug. 31; ex-div Aug. 30. See FOX Dividend Scorecard, Yield Chart, & Dividend G...

Fox stock is higher Wednesday - ( NASDAQ: FOX ) +4.3% , ( NASDAQ: FOXA ) +3.7% - after it grew revenues by 5% and offered confidence in the face of an ad-industry slowdown in fiscal Q4 earnings , and raised its semiannual dividend. Revenues overall rose 5...

Fox Corporation (FOX) Q2 2022 Earnings Conference Call August 10, 2022 08:30 AM ET Company Participants Gabrielle Brown - Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & Chief Executive Officer Steve Tomsic - Chief Financial Officer ...

Fox press release ( NASDAQ: FOX ): Q4 Non-GAAP EPS of $0.74 in-line. Revenue of $3.03B (+4.8% Y/Y) misses by $20M . Quarterly Adjusted EBITDA increased 7% to $770M from $717M reported in the prior year quarter, led by higher contributions at the Television seg...

FOX REPORTS FOURTH QUARTER FISCAL 2022 REVENUES OF $3.03 BILLION, NET INCOME OF $308 MILLION, AND ADJUSTED EBITDA OF $770 MILLION PR Newswire FOX REPORTS FULL YEAR FISCAL 2022 REVENUES OF $13.97 BILLION , NET INCOME OF $1.23 BILLION , AND ADJUSTED EBITDA OF $2....

The share price of News Corp. (NASDAQ: NWSA) was up on Tuesday on a day that was otherwise a dreary one for the market. The media company saw its price surge 15% higher at the opening bell to over $20 per share, but by 3 p.m. ET it had fallen back to around $18 per share -- still up...

Fox ( NASDAQ: FOX ) is scheduled to announce Q4 earnings results on Wednesday, August 10th, before market open. The consensus EPS Estimate is $0.74 (+13.8% Y/Y) and the consensus Revenue Estimate is $3.05B (+5.5% Y/Y). Over the last 1 year, FOX has beaten EPS estimat...

ESPN ( NYSE: DIS ) is ending a 40-year partnership with the Big Ten college sports conference, as it's pulled out of negotiations for media rights to the league's sports, according to reports. That puts an end to one of the longest sports rights partnerships - and it ope...

Warner Bros. Discovery is heavily burdened with debt that could destroy common equity values in a deep recession. Rising interest expense on debt and slower-than-expected streaming sign-ups could wreak havoc on already non-existent GAAP income margins. WBD is turning into somethin...