The Street -
6 Aug 2015 17:13
NEW YORK (TheStreet) -- James Murdoch, the newly appointed CEO of 21st Century Fox , could use a lift. It's been a tough week for media stocks. Buffeted by more evidence of declining advertising revenue, New York-based Fox was plummeting 12% to $28.15 on Thursday, extending the company's 2015 decline to 27%. Eager for some good news, or at least some positive attention, Murdoch will turn to the first major Republican presidential debate Thursday evening, and a most unlikely source of salvatio...
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