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Rupert Murdoch

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  1. Analyst Sees Upside for ‘Inexpensive’ News Corp. Stock

    8:26 am 8/19/2011

    “The only way for News Corp. to achieve our $24 price target is by consistently buying back stock and simply not making poor return on investment multibillion dollar acquisitions,” says BTIG’s Richard Greenfield following the reignited phone hacking scandal.Read more

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  2. Rupert Murdoch Sells California Ranch for $17.8 Million (Report)

    7:07 am 8/19/2011

    Elisabeth, Lachlan and James spent their summers at the Carmel Valley home, which Murdoch bought with his second wife, Anna.Read more

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  3. Phone Hacker Sues Rupert Murdoch's News Corp. Over Legal Fees

    5:50 am 8/19/2011

    Glenn Mulcaire says that the entertainment giant breached a contract when it withdrew a guarantee to indemnify him against legal cost, but the company says his claims will be "vigorously contested."Read more

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  4. Rupert Murdoch's Daughter Elisabeth Made $214M From Sale of Shine Group to News Corp. (Report)

    10:53 pm 8/16/2011

    The controversial sale has sparked lawsuits from shareholders claiming the production company wasn't worth the $675 million price tag.Read more

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  5. James Murdoch's Letter to British Parliament Released to Public

    11:06 am 8/16/2011

    The News Corp. exec attempts to further explain the extent of his knowledge of phone hacking practices in the lengthy document.Read more

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  6. James Murdoch Set for Further Questioning as Reporter Alleges Phone Hacking Was 'Widely Discussed' at News Corp.

    5:32 am 8/16/2011

    The House of Commons Committee says it will 'likely' recall BSkyB chairman James Murdoch but not father Rupert Murdoch.Read more

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  7. News Corp.: Phone Hacking Probes Could 'Damage Our Reputation,’ ‘Impair Ability to Conduct Business’

    4:59 am 8/15/2011

    In its annual report filed Monday, Rupert Murdoch's conglomerate gave little new detail about the phone hacking scandal, but provided some latest language on its possible effects.Read more

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  8. Rupert Murdoch's News Corp. Sees Stock Jump in Thursday Trading

    7:29 am 8/11/2011

    UPDATED: The shares gained 18.1 percent amid a broader market rebound as analysts lauded the fiscal-year growth outlook provided by management Wednesday afternoon and signals of potential further stock buybacks.Read more

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  9. Rupert Murdoch Says He and News Corp. Board Believe He Should Continue as Chairman and CEO

    1:48 pm 8/10/2011

    UPDATED: Discussing succession issues, he says "Chase Carey and I run this company as a team," and the latter would take over "if I went under a bus," but he also emphasizes that the two have "full confidence" in son and deputy COO James.Read more

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  10. Rupert Murdoch's Inside Man

    11:27 am 8/10/2011

    The scandal-embroiled News Corp. head has a highly-connected staffer dealing with his hacking probe. Read more

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