News Corp.'s sales rise amid hacking scandal

A simmering scandal and disgruntled shareholders weren't enough to hold back News Corp these past few months, as the company reported a 7% increase in revenue that beat analyst estimates. News Corp. said in a statement after the bell Wednesday that its revenue had increased to $7.96 billion for the quarter ending September 30 from $7.43 billion a year ago. Net income was $738 million, or 28 cents per share, down from $775 million and 30 cents per share a year ago.

Source: http://rss.cnn.com/~r/rss/money_latest/~3/xeyicaSD8YE/index.htm

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