Posts Tagged ‘News International’

News Corp shares go down the toilet

July 13, 2011
news corp down the toilet

news corp down the toilet

News Corp shares are in a free fall.

Murdoch plans to buy back News Corp shares in a desperate attempt to stop them going into free fall.

Shareholders fear massive claim for damages following News of the World phone hacking scandal, and further scandals that are rocking the Murdoch Empire on a daily basis.

Questions are now being asked in US and Asutralia about Murdoch.

It is highly unlikely that Murdoch will be allowed to buy BSkyB, which has forced News Corp to withdraw its bid.

Where now without the BSkyB cash cow? BSkyB shares have fallen by 20%!

News Corp withdraws bid for BSkyB
Church of England investment in News Corp
Good riddance News of the World
News of the World sinks to new low


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