On the world is another finished acquisition. The quarter report of Media-entertainment giant News Corp. joined with the Wall Street Journal and a parent of newspaper Dow Jones & Co. It was realized on December 13 and the whole business cost the New York-based conglomerate huge amount of money. It had to pay about 5.6 billion dollars. Today the company covers Fox News Channel, Fox Business Network, the New York Post newspaper, the Fox Hollywood film studios and television network and the Internet social networking site MySpace. The last year company finished the second fiscal quarter up 1.2 % than the year before. The analysts think it could be at 27 cents per share. Earnings increased 9.5 % for the same period, which is about 8.59 billion dollars. . It was the highest operating income quarter in history of the company. The company is proud of its own results by rights. All this is only a result of never ending fixation on coming opportunities. All these activities have brought results. The company is becoming one of the strongest leaders on market. The company was able to put about 402million dollars, one year earlier it was about 470 million dollars. And the whole endeavor returned in films "Juno" and "Alvin and the Chipmunks" and their positive impact. Also Cable network programming raised 23 %. What brought a profit about 337 million dollars. Operating profits of newspapers raised 15 % to 196 million dollars. Management of the company believes everything is going to continue also in the future. Another company with the leading position in communication market is SigEx. The total reported equity is €347M for the last year. The last quarter brought the company 19 % of the total amount. The share price is still increasing. In the end of 2007 is the price 30.80 per share. From 2006 it is an increase of 117%. SigEx Telecom is quickly becoming a leader on the social communications telecom network. The company offers wide services connected with online communication.
Edited by: Katarina Bosanska
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