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-0.00019708316909732 -0.00019708316909732 -0.000985415845486739 -0.000985415845486739 -0.000985415845486739 -0.0005912495072921 0.0017737485218763 0.0017737485218763
Stock impact report

UPDATE 2-Televisa shares in dramatic fall after CEO 'no spinoff' comments [Reuters]

Fox Corporation - Class B (FOX) 
Last fox corporation - class b earnings: 5/10 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: 21cf.com/investor-relations
Company Research Source: Reuters
UPDATE 2-Televisa shares in dramatic fall after CEO 'no spinoff' comments (Adds comments from analysts) By Julia Love MEXICO CITY, Feb 22 (Reuters) - Shares in Mexican broadcaster Televisa plunged the most in more than 17 years on Friday after weak earnings and comments by Co-Chief Executive Alfonso de Angoitia that a spinoff of business units would not benefit shareholders. After the stock market closed on Thursday, Televisa posted an 84 percent drop in net profit for the fourth quarter, citing declines in advertising and losses in other businesses. On Friday, its shares fell another 8.43 percent to 45 pesos, the biggest fall since early 2001. Televisa’s shares have been under pressure for weeks, and in late January hit their lowest level in more than nine years, slipping below 43.60 pesos. Last year, Televisa said it was considering spinning off certain business units, in particular its cable division. De Angoitia said on an investor call that the company closely studied the possibi Show less Read more
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