Stock Futures Flat After Jobless Claims Data
News Corp owns HarperCollins Publishers and the Journal.
The people described the discussions as preliminary and cautioned that a deal isn't imminent, the newspaper said.
News Corp shares were up 0.54%.
Zale(ZLC) , the jewelry retailer, reported a wider-than-expected fiscal first-quarter loss on Tuesday.
Zale said it expects to be profitable for fiscal 2013.
Shares were falling 14%.
Scholastic(SCHL) , the publishing company, lowered its fiscal-year outlook after Tuesday's closing bell.
Scholastic shares were plunging 23%.
Cirrus Logic(CRUS) shares were popping more than 6% after the board of the high-precision analog and digital signal processing components supplier approved $200 million in share buybacks.
-- Written by Andrea Tse in New York.
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