News Corp. Cut at JPMorgan on Lowered Profit Forecast
News Corp. Cut at JPMorgan on Lowered Profit Forecast
Thu Nov 06 10:11:46 EST 2008
Nov. 6 (Bloomberg) -- News Corp., the media company controlled by Rupert
Murdoch, was cut to ``neutral'' from ``overweight'' at JP Morgan Chase after
the company lowered its 2009 profit forecast. Included are analysts' calls for
Cisco Systems Inc., Goldman Sachs Group Inc., Amazon.com Inc., Foster Wheeler
Ltd., Health Net Inc., Sovereign Bancorp Inc., McDermott International Inc.
and Gilead Sciences Inc. 




