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Murdoch’s Next Steps?

Posted on Friday, May 22nd

Continuing our analysis of media companies’ results, today we discuss Rupert Murdoch’s News Corp (NASDAQ:NWS) and a potential acquisition for it, Monster (NYSE:MWW). For News Corp, revenue for the quarter fell 16% to $7.4 billion and was marginally short of analysts’ expectations of $7.71 billion. EPS of $1.04, however, was higher than the previous year’s $0.91.