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September 5, 2008 7:30:16 PM CDT



The Dow track this thread

Started by S Goldstein; Last updated Feb 28, 08 3:25 PM CST by D Lim | View history

The Dow

The highs and lows of the DJIA

The Dow Jones Industrial Average (DJIA) is a stock market index of the 30 largest and most widely held U.S. public companies; its numbers are often used to denote the state of the market at large. Part of Dow Jones & Co., publisher of several business newspapers including the Wall Street Journal, the DJIA is now held by Rupert Murdoch as part of his acquiring the company for $5 billion.

Stories

Stories 281 - 300 of 317

  • July 2007
    • Murdoch Closes in on Journal

      Murdoch Closes in on Journal

      (Newser) - Rupert Murdoch's News Corp. is days away from acquiring the Wall Street Journal , according to the Journal itself. The company has reached a tentative agreement with Dow Jones, whose board will vote on it tomorrow night. After that, all is left is sealing the elusive approval of half the Bancroft Family, who are scheduled to meet this Thursday and reach a final decision next week. More »

    • Retail Reports Catapult Markets

      Retail Reports Catapult Markets

      (Newser) - The Dow soared 283.86 points to 13861.73 today, its largest single-day rally since 2002 and another record close. Traders ignored ongoing bearish rumors from the subprime sector, focusing on better-than-expected June reports from a host of retailers including Wal-Mart, J.C. Penney and American Express. More »

    • Rivals Team Up on 11th-Hour Dow Offer

      Rivals Team Up on 11th-Hour Dow Offer

      (Newser) - Supermarket billionaire Ron Burkle and former MySpace CEO Brad Greenspan may join forces to make at least a partial bid for the Wall Street Journal 's parent company, say sources close to the discussions. The pair met yesterday with members of the Dow Jones board to craft an alternative to Rupert Murdoch's $5 billion proposal, though accounts detailing the potential offer differ. More »

    • Dow Makes Last-Ditch Play for New Offer

      Dow Makes Last-Ditch Play for New Offer

      (Newser) - As Rupert Murdoch tries to finalize a deal to take control of Dow Jones, the company is making a last effort to find an alternate buyer, pushed by a holdout director, Leslie Hill, who's a member of the controlling Bancroft family. The Wall Street Journal reports that among those being wooed are supermarket billionaire Ron Burkle and MySpace co-founder Brad Greenspan. More »

    • Murdoch May Have Dow Jones

      Murdoch May Have Dow Jones

      (Newser) - Rupert Murdoch has succeeded in his bid to take over Dow Jones, according to a report in a British financial magazine . The Wall Street Journal publisher is denying the report, although The Business cites inside sources who say the $5 billion deal will be formally announced next week. More »

    • Deals Excite Nervous Markets

      Deals Excite Nervous Markets

      (Newser) - The Dow rose 126.81 points to 13535.43 today, as several big deals assuaged traders worried the recent LBO spate is coming to an end. Chief among them, the Journal 's Market Watch reports, was a $32.6B buyout of BCE, Canada's largest telecom, by a consortium including two US firms. More »

  • June 2007
    • Stock Sell-Off Rings Out 2nd Quarter

      Stock Sell-Off Rings Out 2nd Quarter

      (Newser) - Stocks slipped slightly today as the tumultuous second quarter ended in a cloud of uncertainty and contradictory economic reports. The Dow fell 13.66 to close at 13,408.62, up over 1,000 points since April, after an early surge in response to optimistic inflation and construction-spending reports. But oil prices soon topped $70 a barrel, cooling things off. More »

    • Journal Employees Stage Anti-Murdoch Protest

      Journal Employees Stage Anti-Murdoch Protest

      (Newser) - Wall Street Journal employees around the country were intentionally late for work today in a job action to protest News Corp.'s impending purchase of Dow Jones. The union representing reporters coordinated the demonstration, Forbes reports, to give a collective thumbs-down to Rupert Murdoch and to protest recent developments in ongoing labor talks with the company. More »

    • Murdoch Says $5B Is Final Offer for Dow Jones

      Murdoch Says $5B Is Final Offer for Dow Jones

      (Newser) - Rupert Murdoch won't raise his $5B bid for Dow Jones, the media mogul said today. Murdoch deflected speculation that he would up the ante to move along negotiations with the openly skeptical Bancroft family, which owns a majority stake in the Journal publisher. Instead, Reuters reports, Murdoch is suggesting he could balk if the Bancrofts dither. More »

    • Murdoch Bid Clears High Hurdle

      Murdoch Bid Clears High Hurdle

      (Newser) - A plan to safeguard the Wall Street Journal 's editorial independence awaits the approval of the Bancroft family now that Dow Jones and News Corp. have "basically agreed" on an arrangement, a source tells Reuters. The Bancrofts still must approve the deal, which also applies to Dow Jones Newswires and removes a significant obstacle to Rupert Murdoch's $5 billion bid. More »

    • Murdoch Kowtows to China

      Murdoch Kowtows to China

      (Newser) - Rupert Murdoch's imperial ambitions in China have been marked by relentless cozying to its communist regime—motivated by equal parts opportunism and sinophilia—the Times reports. Murdoch's China outlets have toed the party line energetically, and the mogul, whose wife is a high-powered mainlander, has even personally lashed the Dalai Lama. More »

    • Murdoch Close on Journal Deal

      Murdoch Close on Journal Deal

      (Newser) - Rupert Murdoch appears close to a deal that could pave the way for his takeover of Dow Jones' Wall Street Journal —a coup that seemed out of the question weeks ago, the New York Times reports. The deal is designed to safeguard the newspaper's editorial independence from Murdoch, who has a reputation for sensationalism. More »

    • Mortgage Worries Drive Markets Down

      Mortgage Worries Drive Markets Down

      (Newser) - The major exchanges plummeted today, wrapping up a week of seesawing during which the Dow and the S&P 500 lost about 2% and the Nasdaq fell 1.4%. Even Bear Stearns' announcement that it will bail out a hedge fund entangled in subprime loans couldn't stop the bleeding. The Dow ended the day at 13,360.26, down 185. 58, or 1.4%. More »

    • GE, Pearson Bail on Bid for Dow Jones

      GE, Pearson Bail on Bid for Dow Jones

      (Newser) - General Electric and Pearson may yet work out an arrangement that takes advantage of their business-media assets, but their plans don't involve Dow Jones. The companies said today they won't pursue a deal with the Wall Street Journal publisher, brightening the outlook for News Corp.'s $5 billion offer, Pearson's Financial Times reports. More »

    • Dow Jones Board Seizes Control

      Dow Jones Board Seizes Control

      (Newser) - After more than a month of dithering by the Bancroft family, the Dow Jones board will take over negotiations with News Corp., greasing the skids for Rupert Murdoch's effort to acquire the company. With a $5 billion bid on the table, the board decided to "take the lead in addressing all aspects of the proposal," the Wall Street Journal reports. More »

    • Dow Jones Scenarios Multiply

      Dow Jones Scenarios Multiply

      (Newser) - Members of the Bancroft family would retain a stake in Dow Jones after selling a majority interest to GE and Pearson if one possible arrangement plays out, media outlets owned by the players are reporting. The Wall Street Journal outlines a venture incorporating Dow Jones, Pearson's Financial Times, and GE's CNBC; the FT reports that GE intends to move quickly. More »

    • Another Player Joins Competition for Dow Jones

      Another Player Joins Competition for Dow Jones

      (Newser) - Another would-be Dow Jones suitor emerged this afternoon: Pearson, which publishes the Financial Times. In a media-company-news hall of mirrors, the Wall Street Journal reports that Pearson is searching for partners in its "longshot" bid and has approached Hearst and GE; the FT reports that its parent company has "sounded out" GE, which owns CNBC. More »

    • Dow Falls as Bond Yields Soar

      Dow Falls as Bond Yields Soar

      (Newser) - US bond yields have hit a five year high—bringing the threat of higher interest rates, costlier home mortgages and a slowing economy, the Wall Street Journal reports. The benchmark 10-year Treasury note rose to 5.25 per cent yesterday. Rising bond yields echo throughout the economy, making stocks less attractive to investors. More »

    • Union Seeks Journal Savior

      Union Seeks Journal Savior

      (Newser) - The Wall Street Journal employees' union, in search of a white knight as Dow Jones and Rupert Murdoch appear to be moving closer to a deal, has enlisted the help of supermarket billionaire Ron Burkle. News Corp. has offered $60 a share for the company, and one analyst tells Bloomberg, "I'm skeptical Burkle and the union can compete with Murdoch." More »

    • Dow Closes Down 80.86 on Inflation Scare

      Dow Closes Down 80.86 on Inflation Scare

      (Newser) - The Dow fell 80.86 points today, closing at 13,595.46 after companies in the retail sector issued warnings of reduced profits and Fed chairman Ben Bernanke commented that inflation risks are still high . "There are a lot of little things out there that are scaring the market," a trader told the Wall Street Journal. More »

Stories 281 - 300 of 317

New York Stock Exchange workers finish up trading minutes before the closing bell at the Exchange, Tuesday, April 3, 2007 in New York. Stocks surged Tuesday on signs of resilience in the housing market...   (Associated Press)
A board on the on the floor of the New York Stock Exchange shows the closing numbers, Wednesday afternoon April 25, 2007. The stock market's best-known indicator surged past its latest milestone shortly...   (Associated Press)
  (Index Stock (http://www.indexstock.com))
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Rupert Murdoch and the News Corp Bid for Dow Jones - CNBC   (seeprogress (YouTube))

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Background

Dow Jones & Company
Wikipedia

Dow Jones & Company (NYSE: DJ) is an American publishing and financial information firm.The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Like The New York Times and the Washington Post, the company is publicly traded but privately controlled. The...

» Read more about Dow Jones & Company at Wikipedia

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2008 Codie Finalist

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