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Stockreport

Fox CFO Says Comcast Spinoff ‘Doesn't Change Much' From Competitive Standpoint [Yahoo! Finance]

Fox Corporation - Class B (FOX)  More Company Research Source: Yahoo! Finance
Last fox corporation - class b earnings: 5/10 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: 21cf.com/investor-relations
“I don't think it changes the competitive basis or the basis of competition for us as Fox,” Tomsic said during UBS' Global Media and Communications Conference on Monday. “If I look at it, it seems to be a nod to two things that we have already achieved as Fox. So it seems to be a nod towards focus and simplification, which is what we did five and a half years ago when we split the company and Disney took two thirds of the assets, and we were left with what we have as Fox Corporation today.” “The other nod is, I think, that the special position broadcast has with Comcast electing to continue to retain that as part of a bigger company. And so we continue to believe in the power of broadcast, but we think that we've already got leadership positions in broadcasting, sports and news, and so I think the base of competition, from a Fox perspective, whether it's just the entity that gets spun or if that then leads to further transactions, doesn't change much for us in terms of our directio [Read more]

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Stockreport

Fox CFO Says Comcast Spinoff ‘Doesn't Change Much' From Competitive Standpoint [Yahoo! Finance]

Fox Corporation - Class B  (FOX) 
Last fox corporation - class b earnings: 5/10 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: 21cf.com/investor-relations
“I don't think it changes the competitive basis or the basis of competition for us as Fox,” Tomsic said during UBS' Global Media and Communications Conference on Monday. “If I look at it, it seems to be a nod to two things that we have already achieved as Fox. So it seems to be a nod towards focus and simplification, which is what we did five and a half years ago when we split the company and Disney took two thirds of the assets, and we were left with what we have as Fox Corporation today.” “The other nod is, I think, that the special position broadcast has with Comcast electing to continue to retain that as part of a bigger company. And so we continue to believe in the power of broadcast, but we think that we've already got leadership positions in broadcasting, sports and news, and so I think the base of competition, from a Fox perspective, whether it's just the entity that gets spun or if that then leads to further transactions, doesn't change much for us in terms of our directio [Read more]

IMPACT SNAPSHOT
EVENT TIME:
FOX
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Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Low:
%
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%
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%

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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS