News Corp. Cut at JPMorgan on Lowered Profit Forecast

Bloomberg On The Money: Morning Analyst Calls

Stock news and reports from Wall Street including upgrades, downgrades and market reactions.

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. External site

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