Home | Business News | Browse by Publication | L | Los Angeles Business Journal

DirecTV deal raises balance sheet concerns for Murdoch''s fox brands. (Media & Technology).

Publication: Los Angeles Business Journal
Publication Date: 14-APR-03 		Format: Online - approximately 664 words
Delivery: Immediate Online Access
Full Article Title: DirecTV deal raises balance sheet concerns for Murdoch''s fox brands. (Media & Technology).(New Corp. to acquire Hughes Electronics Corp.)

Article Excerpt
Wall Street is less than thrilled over Rupert Murdoch taking over DirecTV.

One day after News Corp. agreed to buy control of El Segundo-based Hughes Electronics Corp. and its DirecTV business from General Motors Corp. for $6.6 billion, Merrill Lynch & Co. analyst Jessica Reif Cohen wrote a report titled "News Corp.'s Piggy Bank?"

Reif Cohen and at least five other analysts cut their ratings on Fox Entertainment Group, a unit of News Corp. and the entity that operates the 20th Century Fox film studio, the Fox broadcast TV network and regional sports cable channels.

As part of...

Access Full Article, Compliments of Goliath

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Los Angeles Business Journal
Times returns Home with new editorial section. (Media & Technology).(L..., April 14, 2003
Faster dial-up is latest maneuver by United Online. (Media & Technolog..., April 14, 2003
Independent PR firms expect slight bump after slow year. (Media & Tech..., April 14, 2003
Old money: John Moran Auctioneers has built its business by cultivatin..., April 14, 2003
Film producer sees hot opportunity in energy. (Weekly Briefing).(alter..., April 14, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.