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Dow Jones And 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''. The company is best known for its historical publication of the Dow Jones Industrial Average (DJIA) and related market statistics. It published the DJIA from 1882 until 2010, when News Corp then sold 90% ownership of the Dow Jones stock market indices business to CME Group; News Corp sold CME its remaining 10% in 2013. History 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 tra ...
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Dow Chemical Company
The Dow Chemical Company is an American multinational corporation headquartered in Midland, Michigan, United States. The company was among the three largest chemical producers in the world in 2021. It is the operating subsidiary of Dow Inc., a publicly traded holding company incorporated under Delaware law. With a presence in around 160 countries, it employs about 36,000 people worldwide. Dow has been called the "chemical companies' chemical company", as its sales are to other industries rather than directly to end-use consumers. Dow is a member of the American Chemistry Council. In 2015, Dow and fellow chemical company DuPont agreed to a corporate reorganization involving the merger of Dow and DuPont followed by a separation into three different entities. The plan commenced in 2017, when Dow and DuPont merged to form DowDuPont, and was finalized in April 2019, when the materials science division was spun off from DowDuPont and took the name of the Dow Chemical Company. H ...
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United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ...
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William Lewis (journalist)
Sir William John Lewis (born 2 April 1969) is a British media executive who serves as the publisher and chief executive officer of ''The Washington Post''. He was formerly chief executive of Dow Jones & Company and publisher of ''The Wall Street Journal''. Earlier in his career, he was known as a journalist and then editor. While editor of ''The Daily Telegraph'', Lewis led the team that broke the story of the MPs' expenses scandal, which led to the resignations of six government ministers and Speaker of the House of Commons Michael Martin, and to the creation of the Independent Parliamentary Standards Authority. From September 2010 to July 2011, Lewis worked as general manager of the newspaper publisher News International, playing a role in the company's response to the phone hacking crisis. In July 2011, following the closure of the '' News of the World'', Lewis left News International to join the Management and Standards Committee, an independent division led by Lord ...
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Industry Classification Benchmark
The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 sectors, which then contain 173 subsectors. The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. The ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe. All ICB sectors are represented on the New York Stock Exchange except Equity Investment Instruments (8980) and Nonequity Investment Instruments (8990). Dow Jones divested itself of its 50% interest in the ICB in 2011 and announced it was cre ...
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Dow Jones Indexes
S&P Dow Jones Indices LLC is a joint venture between S&P Global and the CME Group, that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investable products, such as exchange-traded funds (ETFs), mutual funds, and structured products. The company currently has employees in 15 cities worldwide, including New York, London, Frankfurt, Singapore, Hong Kong, Sydney, Beijing, and Dubai. The company's best known indices are the S&P 500 and the Dow Jones Industrial Average (DJIA), which were created in 1957 and 1896, respectively. The company also manages the oldest index in use, the Dow Jones Transportation Index, created in 1882 by Charles Dow, the founder of ''The Wall Street Journal''. S&P Global (formerly McGraw Hill Financial, Inc.), owner of Standard & Poor's, controls 73% of the joint venture, CME Group owns 24.4% through its affiliates. Recent history In December 2020, DJI ...
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The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821), are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'' were founded independently and have had common ownership only since 1966. It is considered a newspaper of record in the UK. ''The Times'' was the first newspaper to bear that name, inspiring numerous other papers around the world. In countries where these other titles are popular, the newspaper is often referred to as or , although the newspaper is of national scope and distribution. ''The Times'' had an average daily circulation of 365,880 in March 2020; in the same period, ''The Sunday Times'' had an average weekly circulation of 647,622. The two ...
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News Corporation
The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American Multinational corporation, multinational mass media corporation founded and controlled by media mogul Rupert Murdoch. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law following a successful shareholder vote on November 12, 2004; it had since been headquartered at 1211 Avenue of the Americas in New York City. On June 28, 2012, after concerns from shareholders in response to its 2011 News Corporation scandals, recent controversies and to "unlock even greater long-term shareholder value", Rupert Murdoch announced that News Corporation's assets would be restructured into two publicly traded companies, one oriented towards media, and the other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consis ...
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Bancroft Family
The Bancroft family are the former owners of Dow Jones & Company, which is now owned by Rupert Murdoch's News Corporation (NewsCorp). Biography The Bancroft family were publicly reclusive Boston socialites who inherited ''The Wall Street Journal'' from Clarence W. Barron, who had built up a notable reputation for the newspaper as its publisher. Upon Barron's death in 1928, control of the company passed to Barron's stepdaughters Jane and Martha, who were children of his wife, Jessie Waldron. Barron's son-in-law and Jane's husband, lawyer Hugh Bancroft (1879–1933), ran the company and the paper for the next five years. Suffering from depression, Bancroft committed suicide in 1933 at the age of 54. The family members maintained ownership of the company through ensuing generations, though management was placed in the hands of professionals, including ''The Wall Street Journal'' editor Bernard Kilgore. A notable family member of the following generation was Mary Bancroft (1903 ...
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Clarence Barron
Clarence Walker Barron (July 2, 1855 – October 2, 1928) was an American financial editor and publisher who founded the Dow Jones financial journal, ''Barron's National Financial Weekly'', later renamed ''Barron's Magazine''. He was one of the most influential figures in the history of Dow Jones. As a career newsman described as a "short, rotund powerhouse", he died holding the posts of president of Dow Jones and '' de facto'' manager of ''The Wall Street Journal''. He is considered the founder of modern financial journalism. Early life and education Barron was born in Boston and graduated from Boston English High School in 1873. Career Barron began his journalism career as a reporter for the ''Boston Daily News'' from 1875 to 1878 and the '' Boston Evening Transcript'' from 1878 to 1887. At the ''Transcript'', Barron gradually focused on financial news. He founded the Boston News Bureau in 1887 and the Philadelphia News Bureau in 1897, supplying financial news to brokers. ...
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Thomas F
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Idaho * Thomas, Illinois * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts and entertainment *Thomas (Burton novel), ''Thomas'' (Burton novel) ...
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CME Group
CME Group Inc. is an American financial services company based in Chicago that operates financial derivatives exchanges including the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, and the Commodity Exchange. The company also owns 27% of S&P Dow Jones Indices. It is the world's largest operator of financial derivatives exchanges. Its exchanges are platforms for trading in agricultural products, currencies, energy, interest rates, metals, futures contracts, Option (finance), options, stock indexes, and cryptocurrencies futures. In addition to its headquarters in Chicago, the company also has offices in New York, Houston, and Washington D.C., in the U.S., as well as abroad in Bangalore, Beijing, Belfast, Calgary, Hong Kong, London, Seoul, Singapore, and Tokyo. History The Chicago Mercantile Exchange (CME), was founded in 1898 as a nonprofit corporation. In 1919, it established its clearing house. In 2000, CME demutualized (became a joint stock ...
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Stock Market Indices
In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors may be able to invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called '' tracking error''. Types of indices by coverage Stock market indices may be classified and segmented by the set of underlying stocks included in the index, sometimes referred to as the "coverage". The underlying stocks are typically grouped together based on their underlying economics or underlying investor demand that the index is seekin ...
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