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News Corp beats revenue estimates as digital subscriptions grow
New York Post· 2024-08-08 23:16
News Corp beat Wall Street estimates for fourth-quarter revenue on Thursday, boosted in part by digital subscription growth at its Dow Jones business. The New York-based media giant — which owns The Post, The Wall Street Journal and Dow Jones — said revenue in the quarter ended June 30 jumped 6% to $2.58 billion, compared to $2.43 billion a year earlier. The company credited much of the revenue bump on 4% growth in its Dow Jones division, which includes The Journal, Barron's and Market Watch. turned in a 6% ...
High Rizz Markets - Realtor.com® Launches New Report Finding the Top 10 Most Popular Markets for Online Home Searchers
Prnewswire· 2024-08-06 10:00
The Top 10 Represent Markets in the South, Northeast and Midwest SANTA CLARA, Calif., Aug. 6, 2024 /PRNewswire/ -- Rizz, Charisma or Clout, whatever you want to call it, a new report by Realtor.com® finds out what markets in the U.S. have that "it" factor. This new report found that of all major U.S. markets, Columbus, Ohio, Knoxville, Tenn, and Louisville, Ky rank one, two and three respectively, in terms of popularity with online searchers in the past year. "With a mix of affordability and growing invento ...
Realtor.com® July Housing Report: Inventory Hits Post-Pandemic High
Prnewswire· 2024-08-01 10:00
Seattle (37.3%), San Jose (30.8%) and Columbus (17.4%) See Highest Gains in New Listings this July SANTA CLARA, Calif., Aug. 1, 2024 /PRNewswire/ -- According to the Realtor.com® July housing data, the market is becoming more buyer friendly through a combination of rising inventory levels and price cut reductions. Homes actively for sale grew 36.6% in July 2024 relative to the same time last year, hitting a postpandemic high, while the share of listings with price cuts reached 18.9%, the highest rate since ...
Verizon Business awarded $77.7M task order to modernize National Weather Service network infrastructure
GlobeNewswire News Room· 2024-07-29 12:30
WASHINGTON, July 29, 2024 (GLOBE NEWSWIRE) -- Verizon Business, a long-term trusted partner of the National Weather Service (NWS), has been awarded a task order valued at nearly $80 million to transition the NWS's current voice and data services from the Networx contract to the Enterprise Infrastructure Solutions (EIS) vehicle. The transition will help support the NWS's mission-critical work by providing weather, water and climate data, forecasts, warnings and impact-based decision support services. Increas ...
Renters Rejoice: Realtor.com® Names the Top 10 Markets for Renters
Prnewswire· 2024-07-24 10:00
"Over the last year, we continued to see strong demand for rental properties, especially among younger generations prioritizing the benefits of renting, like flexibility and relative affordability, while home prices and mortgage rates remain high," said Danielle Hale, Chief Economist at Realtor.com®. "Despite high demand, there are some bright spots in the rental market around the U.S. in cities and towns that offer renters good job opportunities, a decent commute, flexible lease terms, maintenance free ame ...
Realtor.com® June Rental Report: Despite Another Month of Declining Rents, U.S. Renters Still Pay $300 More Than Pre-Pandemic
Prnewswire· 2024-07-18 10:00
The median asking rent for 0-2 bedroom units across the top 50 metro areas in June was 21.2% ($305) higher than the same month in 2019, before the pandemic roiled the housing market. That's roughly in line with the trend in overall consumer prices (+22.6%) during the same period, but pales in comparison to the 52.6% increase in median price-per-square-foot of for-sale home listings in the five years ending June 2024. | --- | --- | --- | --- | --- | |----------|----------------------------------------------- ...
Realtor.com® June Housing Report: The 50 Largest Markets Experience Inventory Growth Compared to Last Year
Prnewswire· 2024-07-09 10:00
Tampa (92.7%), Orlando (81.8%) and Phoenix (77.3%) See Highest Increases in Inventory (to 18.3%) +1.3 percentage points SANTA CLARA, Calif., July 9, 2024 /PRNewswire/ -- According to the Realtor.com® June housing data, the number of homes actively for sale grew for an eighth straight month, increasing by 36.7% year-over-year, while the median home spent 45 days on market, an increase of two days compared to last year. Both factors contribute to a slight directional shift towards a buyer-friendly market. "Wh ...
LSEG and Dow Jones Announce a Multi-year Data, News and Analytics Partnership
Prnewswire· 2024-07-02 14:00
LSEG's flagship digital platform experience, Workspace, enhanced with integrated news and commentary from Dow Jones's leading news brands, LSEG Workspace will also be deployed across Dow Jones newsrooms. LSEG's Deals Intelligence and League Tables to enrich The Wall Street Journal's coverage of global dealmaking. Dow Jones to embed LSEG's world-class data and analytics capabilities across digital and print properties including The Wall Street Journal, Barron's, Investor's Business Daily and MarketWatch. Co- ...
Dow Jones Acquires A2i Systems
Prnewswire· 2024-07-02 13:00
Company Overview - A2i Systems is a provider of PriceCast, a retail pricing solution for fuel, electric vehicle (EV), and convenience stores [2] - A2i has a strong track record of growth and a broad geographical footprint across Europe and North America [5] Acquisition Details - Dow Jones announced the acquisition of A2i Systems, enhancing its energy business with AI capabilities [7] - A2i will operate as a subsidiary of OPIS within Dow Jones's energy business, focusing on innovation and product development [8] Market Impact - A2i's PriceCast platform is operational at over 12,500 fuel sites, EV charging stations, and convenience stores across more than 20 countries [8] - The acquisition is expected to strengthen Dow Jones's position in the evolving retail sector, particularly in the booming EV market [6][8] Financial Performance - Dow Jones reported revenues of $544 million, with a 15% growth in its energy business [4] Leadership Insights - Dow Jones CEO Almar Latour emphasized the ethical AI platform's value and growth opportunities for both the energy vertical and the broader organization [6] - A2i founder Frodi Hammer expressed confidence in scaling technology and impact as part of OPIS and Dow Jones [9]
Realtor.com® Survey Finds 33% of People in the "Sandwich Generation" say their Circumstance has Helped them Buy a Home
Prnewswire· 2024-06-28 10:00
Approximately 1 out of Every 6 Americans Falls into the Sandwich Generation "Unfortunately for home shoppers, affordability is still a big challenge in the current housing market, but for the Sandwich Generation, family support is providing a helping hand when it comes to finances," said Laura Eddy, VP Research and Insight for Realtor.com®. "Over half of adults within the Sandwich Generation who receive financial support from family members report that this support is helping them to afford a home, while a ...