A Barron's story full of errors

Neal Shanske writes on the Seeking Alpha web site about the demise of newspapers and his interest in reading them and cites the various errors in a recent Barron’s article as Exhibit A. Shanske wrote, “Last week, the Bancroft family made much noise opposing News Corp.’s bid for Dow Jones, publisher of Barron’s and the […]

Professor: Remember Clarence Barron

Mitchell Zuckoff, a journalism professor at Boston University, writes in the Saturday Boston Globe that those assessing News Corp. CEO Rupert Murdoch‘s bid for Dow Jones & Co., the parent of The Wall Street Journal, need to remember former owner Clarence Barron. Zuckoff wrote, “It’s worth noting that even as Barron drove himself and his […]

Too soon to tell if Murdoch offer affects Dow Jones' union talks

In an interview with the South Brunswick Post paper in New Jersey, the president of the union that represents business journalists at The Wall Street Journal, Barron’s, Dow Jones Newswires and Marketwatch said it was too early to tell if News Corp. CEO Rupert Murdoch’s offer to acquire Dow Jones & Co. would have any […]

Murdoch first approached Dow Jones CEO back in March

Sarah Ellison and Stephanie Kang of The Wall Street Journal are reporting for Thursday’s paper — but already online Wednesday night — that News Corp. CEO Rupert Murdoch first made overtures to Dow Jones & Co. CEO Richard Zannino as far back as March to acquire the owner of The Journal, Barron’s and Marketwatch. Ellison […]

Analyst: Dow Jones stock plummets if no deal

A Wall Street analyst who follows Dow Jones & Co. believes its stock price will fall below the level it was at before the disclosure that News Corp. had made a $5 billion offer for the company if the deal is eventually turned down. Bloomberg’s Allan Wan wrote that UBS analyst Brian Shipman believes that […]

Murdoch: Dow Jones offer more than fair

News Corp. CEO Rupert Murdoch, on a conference call Wednesday to discuss his company’s earnings, said his $5 billion offer to acquire Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, was more than fair. Peter Loftus of Dow Jones Newswires wrote, “But on a conference call with analysts after News […]

Reuters, Dow Jones not similar

Louis Hau, the media reporter for Forbes.com, writes Wednesday that despite both Reuters Group and Dow Jones & Co. being best known for their business journalism, the companies — which are both currently acquisition targets — are much different. Hau wrote, “Reuters is best known as a news agency, but the news operations accounted for […]

SEC says couple bought Dow Jones stock using inside info

The Securities and Exchange Commission has charged two Hong Kong residents with purchasing $15 million worth of Dow Jones & Co. stock using inside information before it was disclosed the company had received an offer to be bought for $5 billion by News Corp., according to an AP story. Larry Neumeister wrote, “The lawsuit in […]

WSJ ad sales fell 12% in April; Barron's ad sales up 45%

Dow Jones & Co. reported Tuesday morning that ad revenue fell 12.2 percent at The Wall Street Journal, but rose 45.5 percent at Barron’s. The release stated, “Advertising revenue at The Wall Street Journal decreased 12.2% in April on a 12.7% decrease in advertising volume, due to declines in technology, financial and general advertising partially […]

Democrats itching to examine News Corp. offer for Dow Jones

Elana Schor of The Hill newspaper writes that Democrats in Congress want to use the News Corp. offer to purchase Dow Jones & Co. for $5 billion to examine media ownership laws, but they say their interest has nothing to do with News Corp. CEO Rupert Murdoch‘s conservative opinions. Schor wrote, “Murdoch’s offer is unlikely […]