Hot! Dow Jones & Company

Dow Jones & Companyis an American publishing and financial information firm.

The company was founded in 1882 by three reporters: Charles Dow , Edward Jones , and Charles Bergstresser . Like Bancroft family , which effectively controlled 64% of all voting stock, before being acquired by News Corporation .

The company became a subsidiary of News Corporation after an extended takeover bid during 2007. It was reported on August 1, 2007 that the bid had been successful after an extended period of uncertainty about shareholder agreement. The transaction was completed on December 13, 2007. It was worth US$5 billion or $60 a share, giving NewsCorp control of and ending the Bancroft family's 105 years of ownership.

In 2010, the company sold 90% of Dow Jones Indexes to the CME Group , including the Dow Jones Industrial Average .

Its flagship publication, newspaper in print and online covering business, financial national and international news and issues around the globe. It began publishing on July 8, 1889. Other editions of the Journal include:

covering news and business in Asia and around the world;

covering news and business in Europe and around the world;

Latin America ;

the world's first iPad only newspaper;

Other consumer-oriented publications of Dow Jones include Barron's Magazine , a weekly overview of the world economy and markets; MarketWatch.com, the online financial news site; and the consumer magazine SmartMoney which was jointly owned with Hearst Corporation until they sold their stakes to Dow Jones in March 2010.

The monthly journal Far Eastern Economic Review closed in September 2009.

Dow Jones also owns Dow Jones Local Media Group , which publishes several community newspapers in the U.S.

The Dow Jones serves corporate markets and financial markets clients with financial news and information products and services. Its products combine content and technology tools to help drive decisions. Major brands include Dow Jones Newswires, Dow Jones Factiva , Dow Jones Indexes, Dow Jones Client Solutions and Dow Jones Financial Information Services.

Ventures

In 2009 Dow Jones Ventures launched FINS.com , a standalone resource for financial professionals with information about finance careers and the finance industry.

Broadcasting Indices Ownership Buyout offer "Our strategy centers around leaving the print publications of Dow Jones intact to continue serving as the gold standard of financial reporting, and creating additional earnings streams through digital media initiatives that can produce a stock price above 100 dollars a share, The time has come for Dow Jones to break out of its slumber and extend its dominance into the lucrative arena of digital media." Insider trading scandal Corporate governance See also References

P rez-Pe a, Richard (December 13, 2007). . The New York Times.

The Wall Street Journal (February 11, 2010). . Retrieved 2010-07-12.

, SEC Actions, 6 February 2008