At press time, Dow Jones & Co. released its earnings report for 1994. The company's information services segment posted a 13 percent increase in revenues, and a 26 percent increase in operating income for the year. Revenues for the year ending Dec. 31 were $976.8 million, up from $861.9 million the previous year. Operating income totaled $198.9 million, compared to $157.4 million in 1993. For the last quarter of the year, revenues were up 17 percent and operating income grew 19 percent.
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails