Dow Jones & Company
Dow Jones & Company, based in New York City, U.S., is the owner of several print and electronic publications, its flagship being the Wall Street Journal, and it partly owns CNBC media. It also produces various stock market indices.
It owns The Wall Street Journal Europe, The Wall Street Journal Asia, and the financial magazine Barron's as well as offering syndicated news, financial information, and stock market data. Competitors of Dow Jones include Bloomberg L.P., Financial Times, and Reuters. [1]
Rupert Murdoch's News Corporation and Dow Jones & Company said in August 2007 that they signed an agreement for the News Corporation to buy Dow Jones for around US$5.6 billion. [2]
Contents
Stock Market Indices
The company is also responsible for several widely used stock market indices, among them:
- Dow Jones Composite Average
- Dow Jones Global Titans
- Dow Jones Industrial Average (DJIA, "Dow Jones 30," or often simply "the Dow")
- Dow Jones Transportation Average
- Dow Jones Utility Average
- Dow Jones U.S. Large Cap Growth
- Dow Jones U.S. Large Cap Value
- Dow Jones U.S. Small Cap Growth
- Dow Jones U.S. Small Cap Value
- Dow Jones Wilshire 5000 Total Market Index
Ownership
The Bancroft family effectively controlled the company class B shares, each with a voting power of 10 regular shares.
Selected Dow Jones holdings: [3]
- The Wall Street Journal
- Barron's
- Far Eastern Economic Review
- SmartMoney (with Hearst)
- Vedomosti
- Dow Jones Newswires
- Ottaway Newspapers Inc.
- In the state of California
- Sentinel (Santa Cruz)
- The Record (Stockton)
- In the state of New York
- Cooperstown Crier
- Daily Star (Oneonta)
- Press-Republican (Plattsburgh)
- Times Herald Record (Middletown)
- In the state of California
Plus 18 more local papers in seven other states.
- Dow Jones Index
- Factiva (with Reuters)
- CNBC (partial)
- The Wall Street Journal Radio Network
Personnel
Key executives and 2006 pay: [4]
- Richard F. Zannino, Chief Executive Officer, $1,780,000
- William B. Plummer, Chief Financial Officer, $403,000
- L. Gordon Crovitz, Head of New Consumer Publishing Unit, $1,000,000
- Paul E. Steiger, Head of Online Editions of Journal, $846,000
- Joseph A. Stern, Secretary and General Counsel, $844,000
Selected members of the Board of Directors: [5]
- M. Peter McPherson, Chairman of the Board, Dow Jones & Company
- Christopher Bancroft, Bancroft Operations
- Eduardo Castro-Wright, President and Chief Executive Officer, Wal-Mart Stores, USA
- Harvey Golub, Chairman Campbell Soup Company
Contact details
200 Liberty Street
New York, NY 10281
Phone: 212-416-2000
Fax: 212-416-4348
Web: http://www.dj.com
Resources
Related SourceWatch articles
References
- ↑ Dow Jones Profile, Hoovers, accessed November 2007.
- ↑ "Dow Jones & Company and News Corporation Enter Into Definitive Merger Agreement", News Corporation, August 1, 2007.
- ↑ Dow Jones Corporation, Columbia Journalism Review, accessed November 2007.
- ↑ Dow Jones Key Executives, Yahoo Finance, accessed November 2007.
- ↑ Board of Directors, Dow Jones, accessed November 2007.
Some information taken from the wikipedia.
External links
- Wikipedia:Dow Jones & Company
- Wikipedia:List of assets owned by Dow Jones
- Eric Dash, "Internet News Sites Are Back in Vogue", New York Times, January 24, 2005. (Sub req'd).
