05.11.2014 - 21st Century Fox lowered profits but increased revenues

Company 21st Century Fox released a statement for the last quarter according to which the company's net profit fell to 1.04 billion dollars, or 47 cents per share, which is worse than last year - 1.26 billion, or 54 cents per share. It is worth noting that the revenues increased by 12% to 7.89 billion. Despite the decline in financials the company's shares remain attractive due to increased sales and growth of the overall growth of consumer spending. We forecast increase in prices by 15-20% per year.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.