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Australia, New Zealand corporate earnings week ahead

DIARY-Australia, New Zealand corporate earnings week ahead Nov 1(Reuters) - Diary of Australia and New Zealand (.AXJO, .NZ50) corporate earnings for the week ahead AUSTRALIA & NEW ZEALAND EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 08-Nov-2024 NTS MNW.NZ Manawa Energy Ltd Half Year 2025 Manawa Energy Ltd Earnings Release Start Date Start Time(GMT) RIC Company Name Event Name 04-Nov-2024 NTS WBC.AX Westpac Banking Corp Full Year 2024 Westpac Banking Corp Earnings Release 06-No
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ISS urges News Corp investors to back plan to collapse dual-class voting structure

UPDATE 1-ISS urges News Corp investors to back plan to collapse dual-class voting structure Adds details on meeting, Starboard's proposal, background from paragraph 2 By Svea Herbst-Bayliss NEW YORK, Oct 31 (Reuters) - Prominent proxy advisory firm Institutional Shareholder Services ( ISS) on Thursday urged News Corp NWSA.O investors to back a plan to end the company's dual-class voting structure, lending support to an activist hedge fund's push for such a change.
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ISS urges News Corp investors to back plan to collapse dual-class voting structure

ISS urges News Corp investors to back plan to collapse dual-class voting structure NEW YORK, Oct 31 (Reuters) - Prominent proxy advisory firm Institutional Shareholder Services on Thursday urged News Corp NWSA.O investors to back a plan to end the company's dual-class voting structure, lending support to an activist hedge fund's push for such a change.
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Axel Springer boss is media’s key consolidator

BREAKINGVIEWS-Axel Springer boss is media’s key consolidator The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon BERLIN, Oct 28 (Reuters Breakingviews) - Mathias Döpfner will soon have a 4 billion euros war chest to spend. The controlling shareholder of German media group Axel Springer has made no secret of his ambition to keep expanding in English-speaking digital and print media, away from the company’s ageing and slow-growing home marke
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Perplexity says will defend itself in the Dow Jones, New York Post lawsuit

Perplexity says will defend itself in the Dow Jones, New York Post lawsuit Oct 24 (Reuters) - Perplexity said on Thursday the allegations of copyright infringement in a lawsuit filed by Dow Jones and the New York Post were misleading, and vowed to defend itself. The media conglomerate News Corp-owned NWSA.O publishers sued California-based Perplexity on Monday, claiming that the startup engages in a "massive amount of illegal copying" of their copyrighted work.
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Perplexity CEO 'surprised' by Dow Jones, New York Post lawsuit against startup

Perplexity CEO 'surprised' by Dow Jones, New York Post lawsuit against startup Oct 23 (Reuters) - Perplexity CEO Aravind Srinivas was "surprised" by a lawsuit from media baron Rupert Murdoch's Dow Jones and the New York Post against the search startup, he said at the WSJ Tech Live conference on Wednesday. Media conglomerate News Corp-owned NWSA.O publishers sued California-based Perplexity on Monday , claiming that the startup engages in a "massive amount of illegal copying" of their copyrighted
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Perplexity CEO proposes revenue deals for publishers after lawsuit - WSJ

MEDIA-Perplexity CEO proposes revenue deals for publishers after lawsuit - WSJ -- Source link: https://tinyurl.com/k4tnzhdf -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Goldman Sachs says recent data points towards positive Aussie media market

BUZZ-Goldman Sachs says recent data points towards positive Aussie media market ** Analysts at Goldman Sachs see recent data points in the Australian media industry as broadly positive for REA Group REA.AX and Seek SEK.AX ** Brokerage flags there has been a strong start to property listings in Australia, helping REA Group, while job advertisements
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Starboard CEO Jeff Smith Says Consensus Estimates For Revenue From Pfizer's Acquisitions Is $13 Bln Vs Promised $20 Bln In 2030 - CNBC

BRIEF-Starboard CEO Jeff Smith Says Consensus Estimates For Revenue From Pfizer's Acquisitions Is $13 Bln Vs Promised $20 Bln In 2030 - CNBC Oct 22 (Reuters) - STARBOARD CEO JEFF SMITH SAYS WE HAVE SOLICITATION GOING ON FOR POTENTIALLY SEPARATING THE TOOL CLASS STRUCTURE AT NEWS CORP - CNBC STARBOARD CEO JEFF SMITH SAYS RETURN ON INVESTED CAPITAL I
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J.P. Morgan raises PT on Australia's REA Group, upgrades to 'overweight'

BUZZ-J.P. Morgan raises PT on Australia's REA Group, upgrades to 'overweight' ** Analysts at J.P. Morgan raise PT on Australia's REA Group REA.AX to A$240 from A$190 ** Brokerage upgrades the Rupert Murdoch-owned News Corp NWSA.O controlled property listing firm to "overweight" from "neutral" ** Expects company to generate solid yield growth with i
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Murdoch's Dow Jones, New York Post sue Perplexity AI for 'illegal' copying of content

UPDATE 3-Murdoch's Dow Jones, New York Post sue Perplexity AI for 'illegal' copying of content Lawsuit claims Perplexity AI engages in illegal copying of copyrighted work Perplexity's AI allegedly substitutes original news sources, harming publishers News Corp-owned publishers among those suing AI firms for copyright infringement Adds further detail from lawsuit By Dawn Chmielewski and Katie Paul Oct 21 (Reuters) - Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against
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Dow Jones, NYP File Lawsuit Against Perplexity Court Filing

BRIEF-Dow Jones, NYP File Lawsuit Against Perplexity AI - Court Filing Oct 21 (Reuters) - DOW JONES, NYP HOLDINGS FILE LAWSUIT AGAINST PERPLEXITY AI FOR COPYRIGHT INFRINGEMENT - COURT FILING Further company coverage: NWSA.O
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Murdoch firms Dow Jones and New York Post sue Perplexity AI

Murdoch firms Dow Jones and New York Post sue Perplexity AI By Dawn Chmielewski Oct 21 (Reuters) - Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a "massive amount of illegal copying" of their copyrighted work. Perplexity's search tools enable users to get instant answers to questions with sources and citations.
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Harris, Trump barnstorm Michigan, spar over who has stamina

UPDATE 5-Harris, Trump barnstorm Michigan, spar over who has stamina Harris and Trump seek Arab Americans' support Trump, Harris see prospects for peace in Middle East 2024 candidates essentially tied in battleground states Adds Obama remarks, paragraph 23 By Andrea Shalal and Steve Holland DETROIT/WATERFORD TOWNSHIP, Michigan, Oct 18 (Reuters) - Democrat Kamala Harris raised questions about Republican Donald Trump's physical stamina to serve effectively as president as the two rivals tore throu
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News Corp Says CEO Robert J. Thomson's Total Compensation Was $20.3 Million In 2024 Versus $19.3 Million In 2023- SEC Filing

BRIEF-News Corp Says CEO Robert J. Thomson's Total Compensation Was $20.3 Million In 2024 Versus $19.3 Million In 2023- SEC Filing News Corp NWSA.O : NEWS CORP SAYS CEO ROBERT J. THOMSON'S TOTAL COMPENSATION WAS $20.3 MILLION IN 2024 VERSUS $19.3 MILLION IN 2023- SEC FILING NEWS CORP SAYS FORMER EXECUTIVE CHAIR K. RUPERT MURDOCH'S 2024 TOTAL COMPEN
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Activist investor Starboard Value takes $1 bln stake in Pfizer, sources say

UPDATE 2-Activist investor Starboard Value takes $1 bln stake in Pfizer, sources say Updates Oct. 6 story to add premarket share move in paragraph 5, analyst comment in paragraph 7 Oct 6 (Reuters) - Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer PFE.N and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Berkshire Hathaway, Brembo, Macquarie, SumUp; Updates: PepsiCo Oct 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Tuesday: ** Berkshire Hathaway BRKa.N will take full ownership of Berkshire Hathaway Energy, after Warren Buffett's conglomerate agreed to acquire the 8% it did not already own from the family of late billionaire philanthropist Walter Scott.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Dutch crop trader Louis Dreyfus raised its buyout offer for Namoi Cotton, with its bid that values the Australian cotton ginning firm at A$159.3 million ($110 million), signalling the end of a months-long bidding war as Singapore's Olam Agri effectively surrendered arms.
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Murdoch leaves Rightmove little room for error

BREAKINGVIEWS-Murdoch leaves Rightmove little room for error The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Oct 1 (Reuters Breakingviews) - When a buyer withdraws an inadequate offer for a house, the seller will typically feel a mixture of relief and anxiety. That’s where Rightmove’s RMV.L board may currently be at.
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Australia's REA rises after walking away from $8.3 bln takeover offer for UK's Rightmove

Australia's REA rises after walking away from $8.3 bln takeover offer for UK's Rightmove Oct 1 (Reuters) - Shares of Australia's REA Group REA.AX rose 4% on Tuesday, after the property listing firm decided to end its $8.29 billion takeover pursuit for Rightmove RMV.L following a fourth bid rejection from the British real estate portal. REA, which is 62% owned by Murdoch's News Corp NWSA.O , decided to walk away from making a formal offer for Rightmove ahead of a 1600 GMT deadline on Sept.
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