A Murdoch Discount in News Corp. Stock
Date: 13 July 2011
By Jeffrey Goldfarb, Richard Beales and Hugo Dixon
Jeffrey Goldfarb
Because the company is run at Mr. Murdoch’s whim, its shares trade more cheaply than rivals’, and the phone-hacking scandal has widened that gap.
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News Corp. Newspapers May Face U.S. Inquiry
Date: 14 July 2011
By Brian Stelter
Brian Stelter
A British newspaper’s claim that journalists working for News Corporation tried to obtain phone records of victims of the Sept. 11, 2001 terrorist attacks may prompt an F.B.I. inquiry.
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News Corp. Announces Stock Buyback as Shares Slip Again
Date: 13 July 2011
By Jeremy W. Peters
Jeremy Peters
In a bid to reverse the drop in stock price, News Corporation announced that it would buy back $5 billion in shares. Since last week, the company’s stock has lost about 15 percent of its value.
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News Corp. Drops Bid for BSkyB
Date: 13 July 2011
By Michael J. de la Merced
Michael de la Merced
The decision came as a result of widespread opposition to the deal in Parliament, as the controversy continued over The News of the World phone-hacking scandal.
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Congressmen Call for U.S. Investigation of News Corporation
Date: 13 July 2011
By Brian Stelter
Brian Stelter
Frank Lautenberg and John D. Rockefeller have been critical of News Corporation and Rupert Murdoch in the past.
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Calls for Congress to Investigate the Conduct of the News Corporation
Date: 13 July 2011
By Brian Stelter
Brian Stelter
Peter King is the first Republican to call for an inquiry into the company’s practices, including anonymous allegations that journalists tried to get phone information on 9/11 victims.
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After BSkyB Deal’s Collapse, What’s Next for News Corp.?
Date: 13 July 2011
By Michael J. de la Merced
Michael de la Merced
Though News Corporation has withdrawn its bid for BSkyB, the phone hacking scandal may prompt the media giant to take further action, like spinning off its troubled British newspaper unit.
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Import Prices Fall for First Time in a Year
Date: 13 July 2011
By Bloomberg News
Bloomberg News
The price of imported goods dipped 0.5 percent in June, helped by the declining cost of oil and food, the Labor Department said.
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Armor Settles Claims Over Bribery
Date: 14 July 2011
By Bloomberg News
Bloomberg News
Armor settled United States government claims that it bribed a United Nations official to win contracts related to peacekeeping missions.
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Galleon Case Figure Settles With S.E.C.
Date: 13 July 2011
By Bloomberg News
Bloomberg News
Danielle Chiesi, convicted in the Galleon Group insider trading case, is resolving a suit filed by the Securities and Exchange Commission.
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