Technical Analysis on News Corp. and Time Warner -- U.S.

Technical Analysis on News Corp. and Time Warner -- U.S.
Entertainment Industry Facing Challenges 
NEW YORK, NY -- (Marketwire) -- 11/08/12 --   A flurry of earnings
reports from U.S. media companies, have been released this week, News
Corp. posted their financial readings on Tuesday whilst Time Warner
unveiled theirs on Wednesday. A number of large advertising companies
lately reported a slowdown in ad spending during the quarter, which
could be bad news for companies such as News Corp. and Time Warner
Inc. StBulls.com has initiated technical analysis on News Corp.
(NASDAQ: NWSA) and Time Warner Inc. (NYSE: TWX). These reports are
free upon registration at 
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The softness in advertising spending is likely a result of the
uncertain economic situation. While in the U.S. the recovery seems to
be gaining traction, the economic climate remains somewhat shaky. The
recession in Europe continues to threaten the macro-economy and at
home election uncertainty and the looming fiscal cliff make for an
unstable situation. Furthermore, the Olympic Games concentrated ad
spending to one network, posing a challenge to competitors. Hurricane
Sandy is also a concern, as it is forecasted to have cost the
advertising market around $500 million. Read our technical analysis
on News Corp. at 
 http://www.stbulls.com/NewsCorp08112012.pdf  
Although the quarter included a few hits, overall box office results
for the period are expected to be lackluster and face some tough
comparisons from last year's successes. Television ratings for the
broadcasting season have also been disappointing, as through week 4,
overall primetime ratings have struggled. Our technical analysis on
Time Warner is accessible at 
http://www.stbulls.com/TimeWarnerInc08112012.pdf  
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