Wednesday 02 November 2011 9:50 pm  |  Updated:  Friday 31 May 2019 12:14 am

NEWS CORP PROFITS SLIP BUT EXCEED FORECASTS

By: KCS-content

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RUPERT Murdoch’s News Corp last night posted better-than-expected adjusted quarterly profit, even as the company struggles with speculation about future leadership at the family-controlled media conglomerate. Fiscal first quarter profit came in at $738m (£463m), down from $775m last year.