21st Century Fox (FOX) has reported a sharp boost in 4Q revenue, in its first earnings report since the company was formed following the split of News...

CommSec

Online Stockbroker

21st Century Fox (FOX) has reported a sharp boost in 4Q revenue, in its first earnings report since the company was formed following the split of News Corporation at the end of June. Higher profits at its cable networks and lower restructuring charges saw total revenue rise 15.6% in 4Q13 to US$7.2B. The company gave bullish guidance for FY14 in a conference call in New York while Chairman and CEO Rupert Murdoch also released an upbeat statement. Although a significant amount of time and effort was spent over the past 12 months on this separation, we never lost focus on the operation of our businesses....(and) as a result of these advances, 21st Century Fox is poised to deliver continued innovation for our customers. FOX shares rose against a weaker market on Wednesday. ^JS (VIEW LINK)


1 topic

CommSec
CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.