Dow Jones family reaches crossroad
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Members of the far-flung Bancroft family converged in downtown Boston yesterday for a seven-hour meeting to discuss the fate of Dow Jones &amp; Co., the media conglomerate they have controlled for more than a century, and one key family member said he expects a decision to be reached by the end of the week about Rupert Murdoch's $5 billion bid ...
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The New York Stock Exchange's benchmark Dow Jones share index trades above its record closing high.
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Rupert Murdoch is expected to turn on the charm on Monday to reassure the family that controls Dow Jones & Co. Inc.  that his $5 billion offer for the company will not undermine its flagship newspaper, The Wall Street Journal.
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Fidelity Investments yesterday disclosed new posts for two children of its 76-year-old chairman, Edward C. Johnson III, positioning them to have a greater say in the future of the Boston mutual fund giant founded by the Johnson family in 1946.
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The Dow Jones Industrial Average broke a record this week, but that doesn't mean that the technology sector has recovered from its half-decade hangover after the burst of the dot-com bubble.
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NEW YORK, Oct. 3 -- The Dow Jones industrial average leaped into record territory Tuesday, highlighting Wall Street's long recovery from the popping of the technology bubble, the 2001 terrorist attacks and a wave of corporate scandals.
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Rupert Murdoch's News Corp. has reached a tentative deal to buy Dow Jones & Co. Inc. for $5 billion, though its controlling Bancroft family remained divided on the deal, the Wall Street Journal reported.
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The Dow closed at a record on Tuesday, striking above the 14,000 mark for the first time, and the Nasdaq rose to a six-and-a-half-year high on a cascade of stronger-than-expected earnings.
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Rupert Murdoch finally met face-to-face with the controlling family of Dow Jones yesterday, attempting to woo the wary owners into taking his $5 billion bid for the company and its crown jewel, the Wall Street Journal.
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Stocks rose Wednesday afternoon, with the Dow Jones industrial average testing its all-time closing high but struggling to break through that 6-1/2 year old barrier.
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Most high-performing fund families share one important trait.
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Dow Jones and News Corp. reportedly reach a tentative sale agreement, putting the ball in the court of Dow Jones' controlling Bancroft family.
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NEW YORK -- The Dow Jones industrial average reached a milestone Thursday in Wall Street's nearly seven-year recovery from corporate upheaval, economic recession and terrorism, briefly trading above its record high close of 11,722.98 set on Jan. 14, 2000.
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Wall Street soared today, propelling the Standard & Poorâs 500 index and Dow Jones industrials to record highs.
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The Dow Jones industrial average on  Thursday briefly traded above its all-time closing high for the  first time in 6-1/2 years, extending a recent rally on a  bullish view about corporate profits.
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A brief look back at a group of IPO siblings provides lessons for investors now and in the future.
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The Bancroft family that controls Dow  Jones & Co. has been criticized a lot in recent years for not  investing enough in one of the world&#39;s great media brand names  and for picking managers who pursued failed strategies.