Dow Jones & Company Inc
BRIEF: For the nine months ended 30 September 2007, Dow Jones & Company, Inc. revenues increased 18% to $1.53B. Net income before extraordinary items decreased 41% to $57.4M. Revenues reflect Enterprise Media segment increase of 80% to $180.6M, Consumer Media segment increase of 2% to $253.3M. Net income was offset by Corporate segment loss increase from $9.6M to $22.3M, Community Media segment income decrease of 13% to $12.2M.
Common Stock $1 Par, 9/07, 135M auth., 66,800,926 o/s, net of shs. in Treas. @ $715.6M. Insiders own 6% (incl.1.4M in options). Class B Common Stock $1 Par, 25M auth., 19,374,836 o/s. Insiders own 65%. PO: 4/67, 80K shares @ $62.50 by White Weld. 12/07, Co.acq. by Diamond Merger Sub Corporation @ $60.00/sh.
Provides business and financial news and information. The Company publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires, Dow Jones Indexes, MarketWatch and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva and with Hearst of SmartMoney. Dow Jones also provides news content to CNBC and radio stations in the U.S.