On Tuesday, Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA), lost -0.56% to $32.60.
Twenty-First Century Fox, stated financial results for the three months ended March 31, 2015.
The Company stated quarterly income from ongoing operations attributable to stockholders of $990 million ($0.47 per share), as contrast to $1.07 billion ($0.47 per share) stated in the corresponding period of the preceding year. Current year Equity earnings from associates raised by $160 million and comprises the Company’s share of Sky’s gain on the sale of its ownership stake of Sky Betting & Gaming (“Sky Bet”) in March 2015. Not taking into account the net income effects of Other, net, in addition to adjustments to Equity earnings of associates, counting the elimination of Sky’s gain on its Sky Bet sale and other adjustments related to Sky and Endemol Shine Group in the current year and the elimination of gains from the Company’s participation in the Sky share repurchase program in the preceding year, third quarter adjusted earnings per share was $0.42 as compared to adjusted earnings per share of $0.47 in the same quarter of the preceding year.
Commenting on the results, Chairman and Chief Executive Officer Rupert Murdoch said:
“In the fiscal third quarter, we delivered double-digit associate revenue growth at our cable networks and continued our strong operating performance at our film studio. Our results reflect the underlying strength of our business even as it was influenced by an unfavorable comparison for our broadcast television businesses without the Super Bowl and ongoing currency headwinds. In addition, we’re seeing real momentum from our continued investments in our global channels business, most notably with the ICC Cricket World Cup broadcasts on STAR Sports in India which broke both linear and digital viewing records.”
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming, Television, Filmed Entertainment, and Direct Broadcast Satellite Television segments.
Shares of UnitedHealth Group Incorporated (NYSE:UNH), declined -0.11% to $114.64, during its last trading session.
Chicago Bears Pro Bowl offensive lineman Kyle Long and UnitedHealthcare are partnering to support students from low-income families at St. Malachy School, located on Chicago’s near west side.
UnitedHealthcare donated $22,000 to the Dreambuilders Foundation to assist renovate Starr Park, which serves as St. Malachy School’s playground. The donation is also supporting the school’s Blessings in a Backpack program, which provides bags of nutritious food to 125 students every Friday afternoon over the next three school years, ensuring that these children have healthy food during the weekends.
The improvements to the 1.25-acre park will comprise new playground equipment, walking paths, site lighting, landscape improvements and a water-spray feature.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.
At the end of Tuesday’s trade, Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD), lost -0.99% to $12.06.
A new survey of CIOs worldwide from Brocade Communications Systems, reveals the business impact of legacy infrastructures, and highlights the need for more innovative solutions to businesses network needs. In the Brocade Global CIO Survey 2015, 75 percent of CIO respondents stated their network is an issue in achieving their organizations aims. For almost a quarter of CIO’s polled, it is a “significant” issue.
The continued rise of new technologies, which fundamentally change the way businesses operate and engage with their customers, are responsible for a dramatic renaissance of the IT department. This has led to CIOs facing a range of challenges to contend with, and ultimately highlights a clear need for them to understand and embrace the opportunities offered by the New IP.
Research Methodology
Vanson Bourne conducted a series of in-depth interviews with 200 CIOs from China, France, Germany, Russia, UK and the U.S. in late 2014, to understand the challenges a modern CIO faces in today’s rapidly changing IT environments. All respondents work for organizations with more than 250 employees. 81 percent of respondents work for organizations that have between 500 and 5,000 employees. A broad range of vertical industries are represented.
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol networking solutions for businesses and organizations worldwide. It operates through SAN Products, IP Networking Products, and Global Services segments.
Finally, Catamaran Corporation (NASDAQ:CTRX), ended its last trade with 0.20% gain, and closed at $59.94.
On April 30, Catamaran Corporation, declared its financial results for the three months ended March 31, 2015.
On March 29, 2015, the Company reached a definitive agreement to combine with OptumRx, UnitedHealth Group’s free-standing pharmacy care services business. UnitedHealth Group will acquire, directly or indirectly, all of the Company’s issued and outstanding common shares for $61.50 per share in cash. The combination is predictable to be accomplished during the fourth quarter of 2015.
Catamaran Corporation provides pharmacy benefit administration (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits administration industry in North America. The company operates in two segments, PBM and HCIT.
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