NEW YORK and LOS ANGELES, Feb. 10, 2025 /PRNewswire/ -- John Nallen has been named President and Chief Operating Officer of Fox Corporation ("FOX" or the "Company") (Nasdaq: FOX, FOXA) and has signed a new long-term employment agreement through June 2028, the Company announced today. Mr. Nallen is a member of the Office of the Chairman and previously served as Chief Operating Officer. "John has been instrumental in the continued evolution of FOX and a key partner to me for many years," said Fox Corporation ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Core Viewpoint - Superbowl LIX is expected to be the most-watched NFL championship, significantly benefiting Fox Corporation (FOXA) as the primary broadcaster [1][2]. Financial Performance - Fox's fiscal Q2 EBITDA reached a record $781 million, more than doubling year-over-year, driven by a 20% revenue growth to $5.07 billion compared to $4.23 billion a year ago, surpassing estimates of $4.88 billion [4]. - Adjusted net income for Fox was $442 million, or $0.96 per share, nearly tripling from the previous year and exceeding the Zacks EPS Consensus of $0.65 by 47% [5][6]. - Fox has consistently exceeded earnings expectations for 10 consecutive quarters, with an average EPS surprise of 24.2% in the last four quarterly reports [5][6]. Advertising and Viewership - All advertising slots for the Superbowl were sold out months in advance, with some brands reportedly paying up to $7 million for a 30-second commercial [3]. - The previous Superbowl in 2023, also broadcasted by Fox, generated $600 million in sales and had a viewership of 114.21 million, making it the third highest in history [2][4]. Future Growth Projections - Fox anticipates continued revenue growth, projecting a 12% increase in total sales for fiscal 2025 to $15.65 billion, up from $13.98 billion last year [8]. - Annual earnings are expected to rise by 24% to $4.26 per share from $3.43 in 2024 [8]. Digital Initiatives - Fox plans to launch a new subscription streaming service by the end of 2025, focusing on sports and news content to compete with Disney's ESPN+ and Paramount Global [9]. Valuation - Despite an 80% increase in stock price over the last year, FOXA trades at a reasonable forward earnings multiple of 12.7X and under 2X sales [10]. Conclusion - Fox is positioned to be the primary beneficiary of the Superbowl, with strong financial performance and growth prospects, supported by a Zacks Rank 1 (Strong Buy) [11].

Core Viewpoint - Copper Fox Metals Inc. plans to raise up to $1,500,000 through a non-brokered private placement, subject to TSX Venture Exchange approval, by offering up to 7,317,073 units at a price of $0.205 per unit [1][6]. Offering Details - Each unit consists of one common share and one-half common share purchase warrant [1]. - The warrants allow the purchase of one common share at an exercise price of $0.25 for the first year and $0.30 for the second year [2]. - If the average share price exceeds $0.29 or $0.33 for specified periods, the expiry date of the warrants may be accelerated [2]. Subscription Eligibility - The offering is available to existing shareholders as of February 5, 2025, and other eligible subscribers under various prospectus exemptions [3]. - Subscribers must meet specific criteria, including being a shareholder on the record date and purchasing for their own account [4]. Subscription Limitations - There is a $15,000 limit on securities purchased under the Existing Security Holder Exemption, with exceptions for those receiving suitability advice from a registered investment dealer [4]. - The company reserves the right to limit large subscriptions in favor of smaller ones if the offering is oversubscribed [5]. Use of Proceeds - The net proceeds will be allocated to exploration and development of the company's projects, including Van Dyke, Eaglehead, Mineral Mountain, and Sombrero Butte, as well as for working capital and general corporate purposes [6]. Insider Participation - The offering may include subscriptions from insiders, including a minimum of 4,390,244 units from director Ernesto Echavarria [7]. - Insider subscriptions may be considered a "Related Party Transaction" under TSX Venture Exchange policies, with the company relying on exemptions from certain requirements [8][9]. Company Overview - Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development, with key assets including the Van Dyke project in Arizona and several other copper exploration projects in Canada and the U.S. [10].

While Fox Corporation's (NASDAQ: FOX ) earnings were strong to close out 2024, the past is frankly less interesting to me than the future. On the subsequent earnings call, Fox management gave us more insight into the future of the company than we'veMax Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, mac ...

With over three years of finance and consulting experience, Nikola is laser focused on finding value in North American public equities that don't have a ton of hype. His professional experience includes corporate credit risk analysis, consulting for government entities, and venture capital analysis in the med-tech space. An avid golf fan, Nikola enjoys picking stocks that need a "mulligan"; a sluggish quarter that sees market sentiment trend downward doesn't scare Nikola. Nikola is not a licensed financial ...

Fox is planning to launch a subscription-based streaming service by the end of 2025, the media company said on Tuesday, entering the Netflix-dominated arena to tap audiences outside its mainstay cable television business.Shares of the Murdoch family-controlled company rose more than 4%, as it also reported second-quarter sales and profit above Wall Street expectations thanks to a surge in election-driven advertising on its news network.The owner of Fox News has largely sat out the streaming race between leg ...

Key TakeawaysFOX shares surged Tuesday after the media giant reported better-than-expected quarterly results and announced on its earnings call that it plans to launch a streaming service by the end of the year.FOX will be televising Super Bowl LIX on its flagship channel Sunday, as well as streaming it on its ad-supported, free Tubi service.CEO Lachlan Murdoch said the company is planning to launch a direct-to-consumer streaming service by the end of 2025. FOX (FOX) shares surged Tuesday after the media gi ...

Fox (FOXA) reported $5.08 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 19.9%. EPS of $0.96 for the same period compares to $0.34 a year ago.The reported revenue represents a surprise of +3.92% over the Zacks Consensus Estimate of $4.89 billion. With the consensus EPS estimate being $0.65, the EPS surprise was +47.69%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Fox (FOXA) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 47.69%. A quarter ago, it was expected that this TV broadcasting company would post earnings of $1.12 per share when it actually produced earnings of $1.45, delivering a surprise of 29.46%.Over the last four quarters, the comp ...