CME in talks to buy Dow Jones index arm
The group is in negotiations to acquire the division from News Corp for as much as $700m, in a further sign that international exchanges are looking to diversify their sources of revenue
2010. February 2. 2:56
Dow Jones closes above 11,000 [Telegraph.co.uk] Apr. 12. The US bellwether index has closed above 11,000 for the first time since Lehman's collapse nearly 19 months ago. Dow Jones falls below 10,000 for first time since November 4 [Telegraph.co.uk] Febr. 8. Fears that the eurozone's gathering debt crisis will stall the global recovery sent the Dow Jones index of US stocks crashing below 10,000 for the first time since November 4 last night. Ex-Telegraph editor in talks with News Corp [FT.com] Jul. 5. Discussions on a number of possible roles at the group, including a senior position within News Corps UK newspaper division BSkyB takeover: Rupert Murdoch's News Corp talks with Sky investors [Telegraph.co.uk] Jun. 16. Rupert Murdoch's News Corporation has held a series of early-stage talks with BSkyB shareholders about the media giant's£12.6bn approach to the satellite broadcaster. BSkyB takeover: News Corp eye's one-stop shop status in British media [Telegraph.co.uk] Jun. 15. News Corps's ambition to own the whole of BSkyB is part of a bigger plan, writes Neil Midgley. Avatar boost for News Corp [BBC NEWS] May 4. Rupert Murdoch's News Corporation sees third quarter profits helped by the continued success of Avatar 3D movie. Senior web executive leaves News Corp [FT.com] Apr. 1. Jeremy Philips, one of Rupert Murdochs most senior internet executives, is leaving News Corp, highlighting the media empires reduced appetite for the digital deal-making he had been hired to oversee Viacom and News Corp targeting India [FT.com] Febr. 28. The Indian ventures of US media houses Viacom and News Corp are to use cricket and Bollywood as weapons in their battle for the worlds second-largest cable TV market. News Corp buys into Saudi media empire [Telegraph.co.uk] Febr. 24. Rupert Murdoch's News Corp has agreed to buy a 9.09pc stake in Saudi billionaire Prince Alwaleed bin Talal's Rotana television and media empire for $70m (£45m). News Corp buys $70m stake in Saudi group [FT.com] Febr. 23. News Corp, Rupert Murdochs global media empire, is to buy a stake in Rotana Media, the broadcaster and music group owned by Saudi billionaire investor Prince Alwaleed bin Talal Avatar drives News Corp profit upgrade [FT.com] Febr. 3. News Corp sharply increased full-year earnings guidance after double-digit improvements from film and cable TV drove a rebound in second-quarter profits a year after the biggest writedown in its histo... News Corp upgraded on back of Avatar success [Telegraph.co.uk] Jan. 12. Avatar, James Cameron's 3D science fiction epic, has been such a box-office hit that it has prompted analysts to lift earnings estimates for News Corp.
