Is Fox Busines Overtaking CNBC?

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HFA Staff
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Fox Business Network, the finance oriented cable property owned by News Corp (NASDAQ:NWSA), (NASDQ:NWS) has made great strides in popularity and content since it began operation in October 2007. The latest viewing figures show the cable channel may be outpacing its rivals. The incumbent in the sector is CNBC, a property owned by NBC Universal, 51% of which is owned by Comcast Corporation (NASDAQ:CMCSA) with the remaining 49% under the control of General Electric Company (NYSE:GE). Since the inception of Fox Business competition between the two has been a defining feature of programming. The latest ratings figures seem to suggest…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.