News (NWS) Receiving Somewhat Positive News Coverage, Report Shows
Media coverage about News (NASDAQ:NWS) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. News earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the company an impact score of 43.4456859611325 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- News Corp’s Fox Sports and co-owned Foxtel get merger green light (finnewsnetwork.com.au)
- 5 things to know about the closing of Allentown’s Holiday Inn (mcall.com)
- News Corp (NWS) CFO Sells $41,116.88 in Stock (americanbankingnews.com)
- Is 21st Century Fox a Sly Bet? (finance.yahoo.com)
- Lee Enterprises (LEE) vs. News (NWS) Head to Head Analysis (americanbankingnews.com)
NWS has been the subject of several research reports. TheStreet raised News from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th. BidaskClub cut News from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th.
In other News news, CFO Kevin Halpin sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $14.50, for a total transaction of $72,500.00. Following the transaction, the chief financial officer now owns 29,855 shares of the company’s stock, valued at $432,897.50. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last three months, insiders have sold 24,855 shares of company stock worth $385,752. Company insiders own 39.40% of the company’s stock.
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News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.
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