Dow Jones & Company: История и Современность

American publishing and financial information company

Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp and led by CEO Almar Latour. The company publishes The Wall Street Journal, Barron's, MarketWatch, Mansion Global, Financial News and Private Equity News. It formerly published the Dow Jones Industrial Average.

The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public this is one of the reasons why Dow Jones & Company is well known for their publications and transferring of important and sometimes difficult to understand financial information to people across the globe. Nevertheless, the three reporters were joined in control of the organization by Thomas F. Woodlock. Dow Jones was acquired in 1902 by Clarence Barron, the leading financial journalist of the day, after the death of co founder Charles Dow. It was reported on August 1, 2007, that the bid had been successful after an extended period of uncertainty about shareholder agreement, with the transaction finalized on December 13, 2007. It was worth US$5 billion or $60 a share, giving News Corp control of The Wall Street Journal and ending the Bancroft family's 105 years of ownership. The company was best known for the publication of the Dow Jones Industrial Average and related market statistics, Dow Jones Newswire, and a number of financial publications. In 2010 the Dow Jones Indexes subsidiary was sold to the CME Group and the company focused on financial news publications, including its flagship publication The Wall Street Journal and providing financial news and information tools to financial companies. In 2005, together with FTSE, Dow Jones launched the Industry Classification Benchmark, a taxonomy used to segregate markets into sectors. In April 2020, Dow Jones CEO William Lewis announced he would be stepping down from his position after nearly six years in the role. On May 7, 2020 News Corp announced that Almar Latour would assume the CEO role on May 15, 2020.

Its flagship publication, The Wall Street Journal, is a daily newspaper in print and online covering business, financial national and international news and issues around the globe. It began publishing on July 8, 1889. There are 12 versions of the Journal in nine languages, including English, Chinese, Japanese, German, Spanish, Portuguese, Malay, Turkish and Korean. The Journal holds 35 Pulitzer Prizes for outstanding journalism. Other consumer oriented publications of Dow Jones include Barron's Magazine, a weekly overview of the world economy and markets, MarketWatch, an online financial news site, and Investor's Business Daily, a newspaper and website covering the stock market, international business, finance and economics. Financial News provides news on investment banking, securities, and asset management. BigCharts, provided by MarketWatch's Virtual Stock Exchange Games, includes stock charts, screeners, interactive charting, and research tools. Professor Journal is a "Journal" in education program for professors to integrate into curriculum. In 2017, Dow Jones launched Moneyish, a lifestyle and personal finance website aimed at millennial readers. Dow Jones also published Heat Street, an online news and opinion website launched in February 2016 that was later folded into MarketWatch. The monthly journal Far Eastern Economic Review closed in September 2009.

Dow Jones Newswires is the real time financial news organization founded in 1882, its primary competitors are Bloomberg L. P. and Thomson Reuters. The company reports more than 600,000 subscribers — including brokers, traders, analysts, world leaders, and finance officials and fund managers — as of July 2011.

In 2009 Dow Jones Ventures launched FINS. com, a standalone resource for financial professionals with information about finance careers and the finance industry. In 2012, the site was acquired by Dice. com.

In broadcasting, Dow Jones provides news content to CNBC in the U. S. It produced two shows for commercial radio, The Wall Street Journal Report on the Wall Street Journal Radio Network and The Dow Jones Report. The network was shut down in 2014. Dow Jones also launched WSJ Live an interactive video website that provides live and on demand videos from The Wall Street Journal Video Network. Programs include "News Hub", "MoneyBeat", and "Lunch Break" among others. WSJ Live was shut down in 2017.

In March 2017, Dow Jones and NewsPicks Inc., a Japanese firm that develops and operates a business news platform of the same name, established a joint venture called NewsPicks USA, LLC. The joint venture is headed by CEO Ken Breen, who is currently the Senior Vice President, Commercial, for the Dow Jones Media Group, together with Chairman Yusuke Umeda, who is also the Director of NewsPicks Inc. The joint venture launched the English version of the NewsPicks platform for the US market on November 13, 2017. Similar to the original Japanese edition, the US edition of NewsPicks combines business news from sources like The Wall Street Journal, Bloomberg, and Reuters with social networking features, such as comments on news articles from top ranked business professionals from around the world ("ProPickers"). The platform currently has a smartphone app for the iPhone with plans for release on Android in the future. The venture was dissolved in October 2018 with the Japanese parent company retaining full ownership.

The company's foundation was laid by Charles Dow, Edward Jones and Charles Bergstresser who, over two decades, conceived and promoted the three products which define Dow Jones and financial journalism: The Wall Street Journal, Dow Jones Newswires and the Dow Jones Industrial Average. Dow Jones was acquired in 1902 by the leading financial journalist of the day, Clarence Barron. Currently, Dow Jones is owned by Rupert Murdoch, owner of News Corp and several other major media companies.

Upon investigating suspicious share price movements in the run up to the announcement, the United States Securities and Exchange Commission alleged that board member Sir David Li, one of Hong Kong's most prominent businessmen, had informed his close friend and business associate Michael Leung of the impending offer. Leung acted on this information by telling his daughter and son in law, who reaped a US$8.2 million profit from an insider trading transaction.

Prior to its sale to News Corp, the last members of the board of directors of the company were Christopher Bancroft, Lewis B. Campbell, Michael Elefante, John Engler, Harvey Golub, Leslie Hill, Irvine Hockaday, Peter Kann, David Li, M. Peter McPherson (chairman), Frank Newman, James Ottaway, Elizabeth Steele, and William Steere.