Tag Archives: news corp

The CME Industrial Index? CME in the lead to buy Dow Jones Indexes

The WSJ reported that the CME Group appears to be the leading contender to purchase the News Corp. stock-index business.  Acquired as part of News Corp.’s $5.2 billion purchase of Dow Jones in 2007, this is the same business that owns the Dow Jones Industrial Average.
The WSJ reports that talks stalled after Dow Jones asked [...]

Dow Jones reorganizes, feeling Bloomberg’s man heat

I believe the Dow Jones mouthpiece when they say that the executive changes announced yesterday weren’t motivated by cost cutting.  Dow Jones chief, Les Hinton was quoted as saying:
This structure will provide the focus to make us faster and better than our rivals at identifying and meeting customer needs.  This isn’t about personalities, and it’s [...]