BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[The battle for Dow Jones continues to heat up]]>http://www.bloggingstocks.com/2007/06/18/the-battle-for-dow-jones-continues-to-heat-up/http://www.bloggingstocks.com/2007/06/18/the-battle-for-dow-jones-continues-to-heat-up/http://www.bloggingstocks.com/2007/06/18/the-battle-for-dow-jones-continues-to-heat-up/#commentsFiled under: , , , , , , ,

Late Friday, Dow Jones & Co (NYSE: DJ) said that Financial Times publisher Pearson Plc (NYSE: PSO) has been trying to find partners to pursue an acquisition of Dow Jones, people familiar with the matter said. Shares of Dow Jones & Co. jumped 3% on the news.

It's amazing what can happen over a weekend.

Today's Wall Street Journal, owned, of course, by Dow Jones, reported that General Electric (NYSE: GE) and Pearson are talking about a joint-bid for Dow Jones that would allow the Dow Jones's controlling Bancroft family to maintain a minority interest. The joint-bid would combine GE's CNBC, the Financial Times and Dow Jones into a privately-held joint venture, owned in three equal parts by the three companies. The potential new company would also control Barron's, half the Economist magazine, MarketWatch.com and interests in various business newspapers around the worldwide

Sound like a business news monopoly? Hum.

Another name recently floated as a potential suitors for Dow Jones was billionaire Ron Burkle, who has teamed with the union representing the employees of Dow Jones, and Philadelphia newspaper executive Brian Tierney. Warren Buffet last month said it was "very, very unlikely" that his Berkshire Hathaway (NYSE: BRK.A) would bid for Dow Jones, citing the $5B bid from Rupert Murdoch's News Corp (NYSE: NWS).

Wait. Does that mean that the Oracle of Omaha considers News Corp's $5 billion bid too much? Jonathan Berr of BloggingStocks believes that Murdoch wants the Journal so badly that he's willing to pay an "outrageously high price." Peter Cohan, also of BloggingStocks, thinks the GE/Pearson bid could prevail.

Regardless of Mr. Buffet's opinion, the "lamest bidding war ever," as coined by CNNMoney's Paul R. La Monica, has just started to heat up.

The battle for Dow Jones continues to heat up originally appeared on BloggingStocks on Mon, 18 Jun 2007 13:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>berkshirebrk.abuffetcnbccnnmoneydjdow jonesDowJoneseconomistfinancial timesFinancialTimesgegeneral electricGeneralElectricmarketwatch.comnews corpNewsCorpnwsomahapaul r la monicaPaulRLaMonicapearsonpsowsjMon, 18 Jun 2007 13:55:00 EST<![CDATA[Merck shareholders dancing in street; new ones join in!]]>http://www.bloggingstocks.com/2007/04/13/merck-shareholders-dancing-in-street-new-ones-join-in/http://www.bloggingstocks.com/2007/04/13/merck-shareholders-dancing-in-street-new-ones-join-in/http://www.bloggingstocks.com/2007/04/13/merck-shareholders-dancing-in-street-new-ones-join-in/#commentsFiled under: , , ,

And I'm one of them...

It was reported today in the WSJ Law blog that Merck's Win Another Loss for Plaintiffs' Bar as the company withstood an onslaught of potential claims when the judge in the case threw out the law suit based, not on Merck's outlined defense, but on the simple timing of the claims which according to statute missed an implied deadline to file of two years. Naturally the case will be appealed but this is a big win and the shares are up over $4 to $50.40 as I write. It closed yesterday at $46.36 per share. More stock highlights are being reported on Marketwatch.com Merck shares jump on Vioxx rulings, raised forecast.

This is sure to be one of the big stories of the day, and should be big news in the coming week as more details unfold.

If you are interested in long-term value investing read Chasing Value.

Sheldon Liber is the CEO of a small private investment company and the vice president for design and research at an architecture & planning firm. Check out my other posts for BloggingStocks here.

Merck shareholders dancing in street; new ones join in! originally appeared on BloggingStocks on Fri, 13 Apr 2007 13:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Marketwatch.comMerck and Co (MRK)MerckAndCo(mrk)Sheldon LiberSheldonLiberValue InvestingValueInvestingWall Street JournalWallStreetJournalFri, 13 Apr 2007 13:38:00 EST<![CDATA[Your first $10,000: Getting Started]]>http://www.bloggingstocks.com/2006/12/20/your-first-10-000-getting-started/http://www.bloggingstocks.com/2006/12/20/your-first-10-000-getting-started/http://www.bloggingstocks.com/2006/12/20/your-first-10-000-getting-started/#commentsFiled under: , , ,

This story is more about saving than investing. If your net worth is less than $10,000, you need to save, save and save some more! Future articles will address larger sums.

I have been asked many times in person and in the comments section about how to get started as an investor. Since it is essential to have something to invest besides your time, two things above all are required: Educate yourself, and be thrifty in your spending habits.

Most people reading the AOL Money & Finance section probably have ten grand to invest. If you do not currently have $10,000 to invest you are in trouble and there is no time to waste.

First: Reduce spending on extras, even extras you think you need to live.

Continue reading Your first $10,000: Getting Started

Your first $10,000: Getting Started originally appeared on BloggingStocks on Wed, 20 Dec 2006 15:19:00 EST. Please see our terms for use of feeds.

Read | Read | Read | Permalink | Email this | Comments]]>aol.combudgetingForbesFortunegoogle.commarketwatch.comMoney MagazineMoneyMagazinemsn.comMutual FundsMutualFundsRoth IRARothIraSavingSheldon LiberSheldonLiberSmart MoneySmartMoneythestreet.comyahoo.comWed, 20 Dec 2006 15:19:00 EST