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On Wednesday, News Corporation. Stock .89 cents or 7 percent to a figure of 13.65 in Afternoon trading after “AVATAR” ticket sales and TV advertising boosted the Media Syndicates fiscal 2nd financial aftermath. News Corps. film, TV broadcasting and cable units showed great improvement in its most recent quarter that ended the 31st of December. Its book publishing segments also saw a rise in assets as well.
News Corp.'s film, broadcast TV and cable units all showed improvement in the most recent quarter, which ended Dec. 31. Its newspaper and book publishing segments also saw operating income rise. News Corp. made a profit of $254 million, turning around a loss of $6.42 million caused by a write down in the value of its assets the year before.
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