GE, Pearson drop Dow Jones takeover pursuit
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General Electric Co. and Pearson Plc said on Thursday they would not pursue a joint offer for publisher Dow Jones & Co. Inc., removing a potential challenge to a $5 billion bid by Rupert Murdoch's News Corp..
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Leading shares ended a volatile session lower as fears the on-line gaming sector could be rocked by a clampdown in the US offset M&amp;A fuelled gains in heavyweight utilities.
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General Electric Co.  and Microsoft Corp.  discussed joining forces for a competing bid for Dow Jones & Co.  in recent weeks, but the idea was abandoned, the Wall Street Journal reported on Monday.
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U.S. stocks ended modestly lower on Monday as fresh concern about the economic outlook and a rise in oil prices outweighed a frenzy of acquisition activity, including what may become the biggest private equity buyout deal in history.
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U.S. stocks ended modestly lower on  Monday as fresh concern about the economic outlook and a rise  in oil prices outweighed a frenzy of acquisition activity,  including what may become the biggest private equity buyout  deal in history.
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By Connie Guglielmo  Hewlett-Packard, the world's biggest maker of personal computers, said it would withdraw its shares from the Nasdaq Stock Market to reduce its listing fees.
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General Electric Co.  and  Pearson Plc  may challenge News Corp.&#39;s (NWSa.N) $5  billion bid for Dow Jones & Co. , with a plan that could  let Dow Jones&#39;s controlling family to keep an interest in the  company, the Financial Times and Wall Street Journal reported  on their Web sites on Sunday.
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The Dow industrials and the Nasdaq slipped Friday on concerns about retail spending after an index of consumer sentiment fell to a 16-year low.
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Stocks fell on Friday, halting a   four-day rally, as investors sold to lock in profits after the   Dow industrials touched a record high and Wall Street rounded   out its best third quarter in nine years.
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U.S. stocks tumbled to fresh 2005 lows  on Thursday as oil prices climbed, stoking concerns that higher  energy costs will squeeze corporate profits, while General  Motors Corp. GM.N provided a weaker profit outlook.
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The Dow industrials and S&P 500 fell on Monday as a drop in oil prices weighed on shares of energy companies including Exxon Mobil Corp .
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Stocks declined Monday, the last day of a volatile and difficult year on Wall Street.
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NEW YORK -- Shares of Dow Jones &amp; Co. rose after the Wall Street Journal reported Pearson PLC may make an offer for the company to counter Rupert Murdoch's $5 billion bid.
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Pearson , the publisher of the Financial Times, is seeking partners for a possible bid for Dow Jones & Co. , which publishes the FT's main rival, the Wall Street Journal, the Journal reported on its Web site on Friday.
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Financial Times publisher Pearson Plc   is seeking partners to make a possible bid for Wall  Street Journal owner Dow Jones & Co. , the Journal  reported on its Web site on Friday.
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NEW YORK -- General Electric Co. and Pearson PLC may challenge News Corp.'s $5 billion bid for Dow Jones &amp; Co. with a plan that could let Dow Jones's controlling family to keep an interest in the company, the Financial Times and The Wall Street Journal reported on their websites yesterday.
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Stocks fell on Friday, capping their worst week in more than four years, as a rapidly diminishing appetite for risk fueled the latest leg of a global equities sell-off.