NWS 0.62% $40.34 news corporation..

Latest results unimpressive-profit up to USD832m, up a measly 1%...

  1. 480 Posts.
    Latest results unimpressive-profit up to USD832m, up a measly 1% on pcp. So much for the much vaunted growth story. It's not likely to get much better as the good ship USS Economy sinks. I can't believe I actually made a (small) profit going long on this turkey. I wonder how long it will take before holders realise that the PE ratio has now blown out to 19.
 
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