EARNINGS REPORTS

Dow Jones & Co. reports 2d quarter net of $42 million ($.43/share) on revenues of $285.3 million. Income in year-earlier quarter was $38.1 million ($.39/share) on sales of $265.5 million.

Equatorial Communications Co. reports 2d quarter loss of $3.5 million on sales of $13.9 million. In year-ago quarter, Equatorial earned $220,000 ($.02/share) on sales of $15.4 million.

Financial News Network, Inc. reports 3d quarter earnings of $355,168 ($.03/share) on sales of $3.8 million. In year-ago quarter