Dow Jones & Co.’s revenues rose sharply in the first quarter, thanks in part to Dow Jones Newswires, the company announced last week.
Overall revenue increased by 12.1 percent in the first quarter of 2004 to $401.6 million, from $358.2 million in the first quarter of 2003.
Peter Kann, chairman and CEO, partially attributed the growth to "a moderately improving, though still somewhat nervous, economic and business environment."
The Dow Jones Newswires unit was one of the segments that benefited
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
- Bloomberg’s Chat Gambit: The Feint Before a Knockout?
- Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
- WatersTechnology Innovation Summit Q&A: Elly Hardwick, Deutsche Bank
- In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind
- Gardening, Uber & Culture: Takeaways from this year's WatersTechnology Innovation Summit