News Review: Unum Group (NYSE:UNM), News Corp (NASDAQ:NWSA)

On Monday, Shares of Unum Group (NYSE:UNM), added 2.57% and closed at $41.43 in the last trading session. The last trading range of the stock ranges between $40.90 and $41.90. Unum Group, together with its auxiliaries, provides group and individual disability insurance products and services mainly in the United States and the United Kingdom. The company operates through three segments: Unum US, Unum UK, and Colonial Life. It provides group long-term and short-term disability, group life, and accidental death and dismemberment; supplemental and voluntary products, such as individual disability and voluntary benefits products; and accident, sickness, disability, life, and cancer and critical illness products. The company also offers group pension, individual life, corporate-owned life insurance, reinsurance pools, administration operations, and other product lines. In addition, it provides a portfolio of other insurance products, counting life insurance, employer- and employee-paid group benefits, and other related services. The company markets its products mainly to employers for the benefit of employees.

News Corp (NASDAQ:NWSA), jumped 0.41% and closed at $12.17 in the last trading session. The last trading range of the stock ranges between $11.98 and $12.32. The company’s Market capitalization is $7.22 Billion with the total Outstanding Shares of 381.71 million. News Corporation (“News Corp” or the “Company”) (NWS) (NWSA) (NWS.AX) (NWSLV.AX) recently stated financial results for the three months ended September 30, 2016.

Commenting on the results, Chief Executive Robert Thomson said:

“News Corp made real progress as it continued to drive higher digital revenues and position the Company for long-term growth. While the quarter presented some obvious challenges, particularly in print advertising and the weakness of the Pound Sterling, our revenues were relatively stable, underscoring the strength and scale of our portfolio and shift to digital.

Our Digital Real Estate Services segment posted another strong quarter with an 18% year-over-year revenue increase and is on a clear path to reshape the character of News Corp. At®, we generated solid revenue growth even as we retooled our product offerings. We expect that momentum to accelerate this year and to contribute meaningfully to EBITDA.

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