News Corp - Class B (CDIs) (NWS.xasx)

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News Corp - Class B (CDIs) (NWS.xasx) Profile

The News Corporation - Class B (NWS.xasx) is a global mass media corporation leading in the news, television, film and print industries with headquarters in New York City, the United States. The company is active in the United Kingdom, the United States, and Australia but particularly with a powerful presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65 per cent-owned), while its 62 per cent-owned REA Group is the dominant real estate classified business in Australia.Τhe company’s key brands include The Wall Street Journal, Herald Sun, and The Times. Furthermore, the company owns HarperCollins, one of the largest book publishers internationally, and has a substantial digital property advertising business (Move) in the U.S. In November 2021, News Corp started to execute the $ 1B (USD) repurchase stock program after the first-quarter earnings release in early November. News Corp. agreed to purchase Oil Price Information Service (OPIS) for $ 1.15B (USD) in cash from S&P Global Inc. and IHS Market Ltd. and expects to receive an estimated tax benefit of $ 180M (USD). The market cap of the company was $ 13.78B (USD) as of November 2021.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 15807

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