Ad linage up at WSJ and Barron's, down for international
Dow Jones Inc. reported Wednesday afternoon that advertising linage at its flagship Wall Street Journal newspaper was up in April, and its Barron’s publication also saw an increase in advertising. However, advertising was down in the international version of the WSJ. Advertising revenue at The Wall Street Journal, including Weekend Edition, increased 8.3 percent in […]
The point of reading business news
Rocky Mountain News business editor Rob Reuteman, who is a SABEW board member, has a nice round-up of the ethical discussion surrounding using short sellers as sources from last weekend’s Society of American Business Editors and Writers’ annual conference in his Saturday column. Reuteman’s analysis is that SEC Chairman Christopher Cox tried to suck up […]
Forbes magazine seeks an investor
Advertising Age is reporting that business magazine Forbes is seeking an investor to buy a stake in the company, but what the money would be used for is unclear. Reporter Nat Ives writes, “Other executives in the business-magazine category speculated that Forbes may want extra cash to fund a new assault on Europe with a […]
WSJ Online celebrates 10-year anniversary
The Wall Street Journal Online is 10 years old, and the Web site is celebrating by making the site free for the next 10 days, according to a press release. This is a similar move to what fellow site Barron’s Online did earlier this year to try to get more subscribers. In a story on […]
Dow Jones still reporting losses from Weekend Journal
Dow Jones, the parent company of The Wall Street Journal and Barron’s, reported its first quarter earnings on Tuesday and while profits rose due to accounting issues, the company said it was still losing money from the weekend edition of the Journal. The earnings release states, “Advertising revenue at the U.S. Wall Street Journal print […]
Barron's and inflation coverage
New York-based money manager Barry Ritholtz criticizes Barron’s for its recent coverage about the Consumer Price Index, which measures inflation, on his blog called The Big Picture. Ritholtz writes, “Barron’s jumps on the ‘We Have Inflation’ bandwagon this week, with two editorials acknowledging what Big Picture readers have long known: Inflation, undermeasured by the BLS, […]
GM execs blames shorts for negative stories
Robert Lutz, a General Motors executive and one of the most outspoken auto industry executives in the past 25 years, said on CNBC’s “Closing Bell” today that he believes that some analysts with short positions are the impetus behind negative stories about the automaker recently. CNBC, in it’s infinite wisdom, is running an online poll […]
Analyst: Dow Jones won't be sold anytime soon
Merrill Lynch analyst Lauren Rich Fine issued a research report on Wall Street Journal and Barron’s parent Dow Jones Inc. in which she said that the company, the subject of takeover speculation in recent years, is unlikely to be sold anytime soon because of the new management put in place, which is being given a […]
Dow CEO: Ad linage at WSJ up in first two months
New Dow Jones CEO Richard Zannino said Wednesday at an investor conference that advertising for the company’s flagship Wall Street Journal newspaper has been up 13 percent in the first two months. Dwight Ostricher of Dow Jones Newswire reports, “‘We took meaningful market share away from our primary print competitors in 2005 and so far […]
Could Google or Yahoo buy Dow Jones?
JupiterMedia CEO Alan Meckler muses online that eventually Google or Yahoo will need to have content on their respective financial information sites if they are to compete for the eyes of those who want that information. He theorizes that eventually that content could come from Dow Jones, parent company of The Wall Street Journal and […]
