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News Corp Recasts Financials Post-Foxtel Disposition

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News Corp Recasts Financials Post-Foxtel Disposition

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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has submitted a recast of its financial statements to the Securities and Exchange Commission, reflecting the disposition of Foxtel. This move is likely to impact the company’s financial reporting and could influence its market positioning, as stakeholders assess the implications of the Foxtel disposition on News Corp’s overall business strategy.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.70 price target. To see the full list of analyst forecasts on News Corporation Shs B Chess Depository Interests repr 1 Sh stock, see the AU:NWS Stock Forecast page.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation is a global, diversified media and information services company that focuses on creating and distributing authoritative and engaging content. The company operates across various media sectors, including information services, news, digital real estate services, and book publishing. Headquartered in New York, News Corp primarily operates in the United States, Australia, and the United Kingdom, with its products and services consumed worldwide.

Average Trading Volume: 175,915

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.57B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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