Dow Jones shareholders approve deal
Sarah Ellison of The Wall Street Journal reports Thursday that more than 60 percent of Dow Jones & Co. shareholders have approved selling the parent of The Journal, Barron’s and Marketwatch to News Corp. Ellison wrote, “At the conclusion of a half-hour meeting at a Manhattan hotel, Dow Jones’s general counsel Joe Stern said shareholders […]
Murdoch may need three years to show profit from Dow Jones deal
Gillian Wee of Bloomberg News writes Thursday that News Corp. CEO Rupert Murdoch may need as much as three years to show his shareholders that the purchase of Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, was worth more than $5 billion. Wee wrote, “By that time, Murdoch’s News […]
Crovitz memo to staff: We kicked butt
Wall Street Journal publisher Gordon Crovitz sent the following message to employees Friday after it was announced he would step down from his position after Dow Jones & Co. is sold next week to News Corp. Crovitz wrote: “I am gratified by what we have achieved together. We set out to integrate our brands and […]
Hinton to lead Dow Jones; Thomson to be WSJ publisher
Sarah Ellison of The Wall Street Journal reports Thursday that News Corp. executive Les Hinton will become the new CEO of Dow Jones & Co. in the wake of current CEO Richard Zannino‘s resignation, and Robert Thomson, currently the editor of The Times of London, will become The Journal’s publisher after Dow Jones is acquired […]
At least my kids will be happy
Standard & Poor’s on Wednesday said video game retailer GameStop Corp. will replace Dow Jones & Co., the parent of The Wall Street Journal, Marketwatch and Barron’s, in the S&P 500 at a date yet to be announced, according to an Associated Press story. Dow Jones is being bought by Rupert Murdoch‘s News Corp., although the […]
Smart Money editor returns to Barron's
The New York Post’s Keith Kelly also reports that Smart Money editor Fleming Meeks is returning to Barron’s. Kelly wrote, “Meeks had been a top editor at Barron’s when he was dispatched to be the editor of Smart Money. “But then four years ago Jonathan Dahl was brought in as Smart Money’s editor- in-chief above […]
WSJ posts best ad revenue month in seven years
The following memo from Dow Jones & Co. CEO Richard Zannino was distributed within the company on Monday: “Dear friends and colleagues: “Everyday we see more evidence of the success of our efforts. The latest is a strong month of October where we posted a 23% increase in our total revenue. This included strong growth […]
Some business media more impressive than others
Syndicated columnist Malcolm Berko advises a reader pare his business media offerings down to just a few publications when looking for investment information. He likes The Economist, Fortune, BusinessWeek and Forbes, among others, but doesn’t like Investor’s Business Daily and The Wall Street Journal. Berko wrote, “Business Week presents topical information, well-written with enough depth […]
Dow Jones shareholders to vote on News Corp. deal on Dec. 13
Dow Jones & Co. shareholders will vote Dec. 13 to sell the parent company of The Wall Street Journal, Marketwatch and Barron’s to News Corp., according to an amended News Corp. S-4 filed Tuesday with the Securities and Exchange Commission. The Bancroft family that controls Dow Jones has agreed to vote 37 percent of its […]
24/7 Wall St. names top business news bloggers
Douglas MacIntyre of 24/7 Wall St. has compiled his top 10 business and financial news bloggers, and while the list includes some well-known names such as Eric Savitz of Barron’s and Herb Greenberg of Marketwatch, he’s also got some names on his list that may not ring a bell with business journalism junkies. The list […]
