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News Corp. (NWSA) NewsBite - NWSA Earnings Beat Forecasts

Nov 05, 2009 (Fresh Brewed Media via COMTEX) --

Companies: News Corp (NWSA),

News Corp. (NasdaqNM: NWSA) opened at $12.11. So far today, the stock has hit a low of $11.77 and a high of $12.14. NWSA is now trading at $11.80, up $0.24 (2.08%). Over the last 52 weeks the stock has ranged from a low of $4.95 to a high of $13.09. NWSA reported a first-quarter profit last night of $571 million, or 22 cents per share, beating analysts' forecasts of 18 cents per share. Technical indicators for the stock are neutral and S&P gives NWSA a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on NWSA the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 10 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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Companies: News Corp (NWSA),


Related terms: earnings, forecasts, profit, S&P

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