News Corp. Touts Newspaper Improvements

By: Joe Pompeo | Capital New York

News Corp. emphasized improvements in its core newspaper business to Wall Street investors and analysts on Thursday afternoon.

Executives from the global media conglomerate said that advertising was on the upswing within News Corp's Australian newspaper stable, long a blemish on company earnings reports, and at the company's marquee American broadsheet, The Wall Street Journal, which had a strong October thanks to higher print-advertising revenues in the finance and technology categories, they said.