Thursday, July 19, 2007

Dow Jones quarterly profit falls, hurt by charges

(Reuters) - Second-quarter profit fell to $21 million, or 25 cents a share, from $28.8 million, or 34 cents a share, a year earlier.




The latest results include a charge of 13 cents per share for stock-based compensation expenses after Dow Jones' share price jumped from around $36 to $60 in early May following news that Rupert Murdoch's News Corp. had made a $5 billion bid for the company.


Read more at Reuters.com Hot Stocks News

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