News Corp's adjusted profit edges past analysts estimates

(Reuters) - News Corp , the owner of Dow Jones Newswires and book publisher HarperCollins, posted an adjusted profit that edged past analysts' estimates for the first time in three quarters as the drop in ad sales in its news business was offset by growth in its other businesses. Shares of the media conglomerate were up 1.6 percent at $12.59 after the bell on Thursday as investors looked past the Rupert Murdoch-controlled company posting its second straight quarterly net loss, which was mainly d