Welcome to our dedicated page for News news (Ticker: NWSA), a resource for investors and traders seeking the latest updates and insights on News stock.
News Corp (NWSA) delivers authoritative journalism and digital innovation across news media, book publishing, and real estate platforms. This hub provides investors and professionals with essential updates from one of the world's most diversified media enterprises.
Access official press releases and curated news covering financial results, strategic partnerships, leadership changes, and operational developments. Our collection spans NWSA's core segments including digital property services through Realtor.com, HarperCollins publishing insights, and updates from global news brands.
Bookmark this page to monitor NWSA's evolving position in media technology and content distribution. Discover how traditional journalism expertise merges with digital transformation initiatives across multiple continents and business verticals.
News reported third quarter fiscal 2024 results with revenues of $2.42 billion, a 1% decrease, net income of $42 million, a 29% decrease, and total segment EBITDA of $322 million, a 1% increase year-over-year. Despite challenges like lower advertising revenues and ongoing housing market conditions, the company achieved growth in professional information business revenues and digital subscriptions. CEO Robert Thomson highlighted the company's profitability growth and commitment to quality journalism amidst an evolving digital landscape. The extension of the partnership with Google and ongoing structural changes were also mentioned.
Austin, Texas has been ranked as the top rental market for college graduates in 2024. This ranking is based on factors such as high income-to-rent ratio, graduate-friendly job market, and appealing lifestyle. Other top markets include Bloomington, Minn. and Pittsburgh, Pa.
The analysis by Realtor.com® highlighted affordability, job opportunities, and lifestyle as key considerations for recent college graduates. Austin stands out with a low rent-to-income ratio, high rental vacancy rate, and a significant share of college-graduate friendly jobs.
The April Housing Report by Realtor.com reveals that the required household income to purchase a home exceeded $250,000 in four California metros, with San Jose leading at $361,000. The report also highlights the rise in active listings in the South, showing a 43% increase year over year.
Rents declined in March for the eighth consecutive month, with year-over-year prices dropping by -0.3% across all unit sizes. Major markets like Austin, Memphis, St. Louis, Atlanta, Miami, and Phoenix lead the nation with significant rent drops. Despite the decline, the median rent of $1,722 was only $36 less than the peak in August 2022. The Midwest saw steady rents, while the South and West experienced new growth. Studios saw the biggest decline, with a drop of -1.4% year-over-year.
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