A 47-year old woman that has been identified as the former News of the World (NASDAQ:NWSA) executive Rebekah Brooks has been arrested by U.K. police, reported the Wall Street Journal.The arrest is part of long-running probe into alleged wrongdoing at the defunct tabloid.News Corp (NASDAQ:NWSA) has potential upside of 14.6% based on a current price of $18.37 and an average consensus analyst price target of $21.06.