News Corp NWS 0.54% reported a 13% increase in its quarterly revenue, boosted by growth in its digital real-estate services, Dow Jones and book-publishing divisions. The New York-based media company, whose holdings include The Wall Street Journal, HarperCollins Publishers and news organizations in the UK and Australia, reported a profit of $235 million, or 40 … Read more
WASHINGTON— Microsoft Corps MSFT -1.12% proposed acquisition of Activision Blizzard Inc. ATVIA 0.85% will be reviewed in the US by the Federal Trade Commission, a person familiar with the matter said, placing the fate of the roughly $75 billion deal in the hands of an agency whose leader has questioned acquisitions by powerful technology companies. … Read more
Font size AT&T shares rose despite “disappointing” earnings outlook. Justin Sullivan/Getty Images AT&T On Wednesday, it reported fourth-quarter results, continuing a string of solid performance for the company, but the merger limbo remains impossible to ignore for many investors watching the cheap stocks. AT&T (ticker: T) showed growth in most of its divisions, leading the … Read more