Nov 04, 2009

NEW YORK -- News Corp. chairman and CEO Rupert Murdoch sees economies and advertising markets around the world "emerging from the bottom," but cautioned on Wednesday that his conglomerate will continue to operate cautiously as the recovery is "still a little fragile" and 2010 is likely to be a "year of stability." President, COO and vice chairman Chase Carey predicted ad revenue to be up "a touch" in the current quarter and also for the whole fiscal year. Murdoch acknowledged that...More