Why News Corp. (NWSA) Stock Is Down Today

NEW YORK (TheStreet) -- News Corp.  fell Friday after the company reported fourth-quarter earnings that missed analysts' expectations. The company, which owns The Wall Street Journal, reported net income of $12 million, or adjusted earnings of a penny a share. Revenue fell 3% year-over-year to $2.19 billion from $2.26 billion. Analysts polled by Thomson Reuters expected earnings of 3 cents a share on revenue of $2.17 billion.  A decrease in subscriptions and weaker advertising revenue led...