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News Corporation (2) Australian Securities Exchange (2)

Fox TV: FCC F-bomb sanctions have "radical ramifications"

October 24, 2008

Fourteen days before "fleeting expletive" judgment day at the Supreme Court, News Corporation's head honcho gives a First Amendment war whoop speech. Still, Peter Chernin conceded, some of what Fox TV broadcasts is kinda gross.

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Times Online - Business

News Corporation’s first-quarter profits down 30% after drop in television advertising revenue

News Corporation, parent company of The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.
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WRAL.com

BHP Billiton abandons bid for Rio Tinto

BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging commodity prices.
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The Sydney Morning Herald ASX high at noon as Wall St soars

The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.
08/06/08
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The Sydney Morning Herald ASX marginally in the red

The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
08/12/08
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The Sydney Morning Herald Orica to demerge consumer products

Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
07/21/08
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Times Online - Business Woolworths dives as it confirms...

Woolworths this morning confirmed a report in The Times that it is in talks to sell its retail business.
11/19/08
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Times Online - Business Woolworths in talks to sell retail...

Woolworths is in talks to sell its entire high street business to Hilco, the specialist distressed fund, for £1.
11/19/08
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Times Online - Business Woolworths investor touts alternative...

Woolworths’ largest shareholder, Ardeshir Naghshineh, is in talks with the retailer’s banks about an alternative plan to a sale the company’s retail arm to Hilco for...
11/24/08
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WRAL.com

Rio Tinto says it is comfortable with debt level

Mining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's share price plummeting.
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The Sydney Morning Herald

Babcock & Brown shares dive on fee flow fears

Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
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Times Online - Business Woolworths' main shareholder in bank...

Ardeshir Naghshineh, Woolworths' largest shareholder, is in last-ditch talks with the retailer's banks about an alternative to a sale of the high street chain's retail arm to...
11/25/08
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Times Online - Business Woolworths stands on brink as wage...

Woolworths is at risk of going into administration as soon as this morning as it scrabbles to find sufficient funds to pay its monthly wage bill.
11/26/08
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Times Online - Business Potential buyers emerge to save...

The new management of Woolworths today revealed it has already received several expressions of interests from parties about buying parts of the business which collapsed last...
11/27/08
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Times Online Woolworths stores to close after...

Woolworths went into administration last night, putting thousands of high street jobs at risk despite last-ditch government efforts to save it.
11/27/08
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Times Online - Business Film distributor is victim of...

The fallout from the collapse of Woolworths spread this morning as Metrodome, a UK-listed film and television distributor, warned it risked losing £320,000 it was owed by the...
11/28/08
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Times Online - Business Bidders sought as beleaguered...

The starting pistol was fired yesterday for the sale of Woolworths and MFI as the court-appointed managers sought buyers for the beleaguered stores.
11/28/08
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Times Online - Business

Woolworths hires finance veteran in shake-up

Woolworths has appointed a new chief financial officer days after the departure of a senior director raised concerns that other executives may leave the troubled retailer.
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Times Online - Business

Woolworths rocked as senior director quits

One of Woolworths’ most senior directors has quit only a month after the high street retailer’s new chief executive savaged the poor performance of the group.
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Times Online - Business BBC in talks with Woolworths as...

The entire Woolworths empire, including its stake in 2Entertain, the BBC joint venture, is likely to be in administration by the end of the week, with its 10,000 pensioners at...
12/03/08
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WRAL.com CEO of Australia's Fairfax Media resigns

The chief executive of Fairfax Media, publisher of the Sydney Morning Herald, quit Friday after three years at the helm of a company that has lost advertising dollars to the...
12/05/08
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Times Online - Business Woolworths lays off staff as search...

Woolworths will make 450 of its staff redundant in what is expected to be the first of many job cuts at the collapsed high street retailer.
12/06/08
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WRAL.com Australia's St. George agrees to...

St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp....
09/08/08
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Times Online - Business Closing-down sales herald end of...

Woolworths will begin a huge closing down sale across its 813 stores today after Deloitte, the administrator, admitted that it had been unable to find a buyer for the...
12/11/08
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Times Online - Business Chaos and tears as Woolworths’ sale...

It is 9.30am and Sandra, assistant manager of Woolworths in the Wiltshire market town of Devizes, is in tears beneath her red-and-white Santa hat.
12/12/08
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