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Dow Jones buys Dutch news service; div. launches NL on accounting.


Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July  (Jersey City, NY), a unit of Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 & Co. (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
), has acquired MoneyView On-Line BV (Amsterdam), a Dutch financial news service, from MoneyView Nederland NV and PCM Uitgevers PCM Uitgevers (English: PCM Publishers) is a Dutch publishing company. Until 2007 Apax Partners held a controlling stake in the company. , each of which held 50%. No terms of the deal were given.

The acquired unit delivers its news service to 50 dealing rooms in the Netherlands as well as to users of Dutch financial Web sites and mobile services. The unit will be renamed Dow Jones Nieuwsdienst and its coverage of Dutch financial markets will be combined with Dow Jones' market news. The combined service is available through the Internet and via a range of market data terminals, including Bloomberg, Beursnet, BIS and FirstQuote.

Dow Jones Newswires provides news services in 11 languages, including Dutch, German, English, French, Spanish, Italian, Portuguese, Japanese, Chinese, Korean and Bahasa Indonesian.

In related news, Dow Jones Newsletters has begun the publication of Dow Jones' Re--Balancing the Books, a weekly newsletter that focuses on accounting practices and the current efforts to reform them. Annual subscriptions and enterprise site licenses are available.

The new title will carry both original articles and information from Dow Jones Newswires and will cover such topics as aggressive accounting, the role of auditors and analysts, executives' responsibilities for accounting and disclosure and government oversight. It will also include information on previously hidden accounting practices, anticipated changes in accounting and corporate disclosure, analysis of financial reporting, auditor changes, going concern statements, earnings restatements and "taking a stand on envelope-pushing accounting tactics some companies use."

The letter is being targeted to accounting and financial professionals at corporations, accounting and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
, investment banks The following is a list of investment banks Financial conglomerates
Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance.
, brokerage houses, as well as institutional investors and asset managers.
COPYRIGHT 2002 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:MoneyView On-Line B.V.
Comment:Dow Jones buys Dutch news service; div. launches NL on accounting.(MoneyView On-Line B.V.)
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 17, 2002
Words:282
Previous Article:Yale Law School to sponsor publication of "Legal Affairs" magazine.(Brief Article)
Next Article:American Lawyer Media reports 2001 rev. & net decline; launches NL.(Brief Article)(Statistical Data Included)
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