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Article: What will become of Dow Jones Markets, and who really cares? (Dow Jones and Company Inc. spending $650 million to boost financial information unit)(FutureBanker)
- Article from:
- American Banker
- Article date:
- April 14, 1997
- Author:
CopyrightCOPYRIGHT 1997 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Here's a riddle: What does no one want, but everyone's pouring money into? Need a hint? Lizzie Goth's inheritance hangs on it. Elizabeth Goth, granddaughter of the late Hugh Bancroft, is heir to the ever-shrinking Dow Jones & Co. fortune. And as widely reported, she-along with most industry analysts-is none too pleased with the poor management decisions driving the company, chiefly the recent decision to dump $650 million down the Telerate drain, which has been experiencing such poor perception in the marketplace that it's been renamed Dow Jones Markets (now we all know that the term "reengineering" has been watered down, but it's not yet synonymous with "renaming" the ...
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Article: DOW JONES MARKETS GEARS UP FOR A BIG NEW ...
NewsInc;
December 8, 1997 ;
700+ words
...Dow Jones Markets, the financial data unit of New ... headed for sale. By its own account, Dow Jones Markets will trim as many as 300 people from ... By its competitors' accounts, Dow Jones Markets missed the boat as the market for ...
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