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Profile of the Week

Published on .

News Corp. shares rose slightly on reports it was near a deal with General Motors Corp. that would pair News Corp.'s satellite TV businesses with the DirecTV unit of GM's Hughes Electronics Corp. Also, News Corp. said operating profits for its second quarter, ended Dec. 31, beat forecasts, but it warned a weaker U.S. ad market would dampen results for its fiscal year ended June 30. In trading Friday, News Corp. closed at $38.44 up 0.89% for the week.
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