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NEW YORK - When the Bancroft family meets today to consider Rupert Murdoch’s $5 billion bid for Wall Street Journal publisher Dow Jones & Co., relatively few of them will actually be named Bancroft.
NEW YORK - Wall Street turned sharply lower Wednesday, as a bailout of Detroit's Big Three automakers appeared stalled on Capitol Hill, and another round of downbeat economic news disheartened investors.
NEW YORK - Dow Jones & Co. has reached a tentative deal on a new contract with the union representing reporters at The Wall Street Journal, ending several months of sometimes contentious talks.
NEW YORK - Rupert Murdoch's News Corp reached a tentative agreement to buy Wall Street Journal publisher Dow Jones & Co., the Journal reported Tuesday, but he must still win over the company's controlling shareholders.
NEW YORK - Had it continued on its own, The Wall Street Journal would have faced a brutal slump in print advertising that is plaguing the newspaper industry as well as fierce competition in the market for delivering business news.
NEW YORK - The Dow Jones industrial average swept past 14,000 for the first time Tuesday after a relatively tame inflation report gave investors reason to continue a recent run-up that began in earnest last week.
NEW YORK - Dow Jones & Co., publisher of The Wall Street Journal, said Tuesday it has received an unsolicited bid from Rupert Murdoch's News Corp. to buy the company for $60 per share, or $5 billion.
NEW YORK - Wall Street extended its October rally Monday as investors grew more optimistic about upcoming earnings reports and Wal-Mart Stores Inc. said it will cut capital spending to drive overall returns.
NEW YORK - Wall Street surged higher Tuesday, carrying the Dow Jones industrials to their second-best close ever as positive economic data further buoyed a growing sense of optimism among investors.
Traders on the floor of the New York Stock Exchange monitor trades early in the trading day, Monday.
NEW YORK - Rupert Murdoch is poised to win control of Wall Street Journal publisher Dow Jones & Co. after the company’s board approved his $5 billion buyout offer late Tuesday, a person familiar with the matter said.
NEW OWNERSHIP?: Tuesday editions of Barron\'s and The Wall Street Journal are shown on a New York newssatnd.
NEW YORK - The Dow Jones industrial average shot past 13,000 for the first time Wednesday, powered by better-than-expected corporate earnings that boosted investors' confidence in the U.S. economy.
NEW YORK - The Dow Jones industrial average closed above 11,000 Monday for the first time since before the Sept. 11, 2001, terrorist attacks, boosted by a five-day rally that has sent stocks soaring so far in 2006.
NEW YORK - The Dow Jones industrials posted their fourth straight winning week Friday after surprisingly strong home sales and durable-goods orders bolstered investor hopes for a sustainable economic recovery.
NEW YORK - Dow Jones & Co. and News Corp. agreed broadly on measures to protect the editorial independence of The Wall Street Journal under ownership by Rupert Murdoch's media conglomerate, clearing away a major hurdle in the way of a deal, a person familiar with the matter said Tuesday.
NEW YORK -- Wall Street got some good news from Citigroup, and responded with a huge rally. Led by financial stocks, the market made its first big move upward in weeks Tuesday after Citigroup Inc. said it had operated at a profit during the first two months of the year. All the major indexes soared more than 4.5 percent, and the Dow Jones industrials shot up more than 300 points.
NEW YORK - Wall Street surged on a burst of optimism Monday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and comments from Federal Reserve Chairman Ben Bernanke. All the major indexes finished with gains of 3 percent or more.
NEW YORK - Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after a stream of disheartening data convinced Wall Street that a recession, if not already here, is inevitable. The market's despair propelled the Dow Jones industrials down 733 points to their second-largest point loss ever, and the major indexes all lost at least 7 percent.
NEW YORK - Wall Street fell sharply again Thursday after a French bank said it was freezing three funds that invested in U.S. subprime mortgages because it was unable to properly value their assets. The Dow Jones industrials fell more than 270 points.
NEW YORK -- Investors marked the last trading day of 2005 Friday with the same conundrum they faced all year - trying to find a good reason to buy stocks and coming up short. Stocks fell to their December lows, and the Dow Jones industrials finished the year with a loss.
NEW YORK - Wall Street barreled higher Friday, sending the Dow Jones industrials up 138 points to a new six-year high after a report of modest job growth bolstered hopes that the Federal Reserve will end its interest rates hikes. All three major indexes finished the week with gains.
NEW YORK - Blue chip stocks surged to a strong finish Tuesday as upbeat economic news countered some cautious corporate forecasts.
Guest Commentary by Mike McClellan
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By Mark Scarp, contributing columnist
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Guest Commentary by Bill Richardson
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