The SPI Extra is a stock index which tracks mid-cap and small-cap companies primarily listed in Switzerland . The index is calculated by SIX Swiss Exchange .
35-619: It includes all the shares from the Swiss Performance Index (SPI) that are not included in the Swiss Market Index (SMI). It is therefore often used in investment portfolios such as exchange-traded funds (ETFs), as a small-cap and mid-cap benchmark that complements the SMI. The SPI Extra was introduced on 29 April 2004, computed back to 3 January 1996 with a baseline value of 1000 points as of 31 December 1999. The index contains all
70-640: A Japanese firm that develops and operates a business news platform of the same name, established a joint venture called NewsPicks USA, LLC. The joint venture is headed by CEO Ken Breen, who is currently the Senior Vice President, Commercial, for the Dow Jones Media Group, together with Chairman Yusuke Umeda , who is also the Director of NewsPicks Inc. The joint venture launched the English version of
105-414: A bid to buy 25% of Dow Jones for $ 60 a share, the same price per share as News Corporation's bid, giving the existing shareholders a $ 1.25 billion cash infusion while maintaining overall ownership of the company. On July 17, 2007, The Wall Street Journal , a unit of Dow Jones, reported that the company and News Corporation had agreed in principle on a US$ 5 billion takeover, that the offer would be put to
140-493: A share, For too long, Dow Jones has limited its focus to the world of print media and allowed other, less established entities to generate millions of dollars in profits by developing financial reporting franchises on the Internet and cable television. The time has come for Dow Jones to break out of its slumber and extend its dominance into the lucrative arena of digital media. Upon investigating suspicious share price movements in
175-489: A weekly overview of the world economy and markets, MarketWatch , an online financial news site, and Investor's Business Daily , a newspaper and website covering the stock market, international business, finance and economics. Financial News provides news on investment banking , securities , and asset management . BigCharts, provided by MarketWatch's Virtual Stock Exchange Games, includes stock charts, screeners, interactive charting, and research tools. Professor Journal
210-784: Is a "Journal" in education program for professors to integrate into curriculum. In 2017, Dow Jones launched Moneyish, a lifestyle and personal finance website aimed at millennial readers. Dow Jones also published Heat Street , an online news and opinion website launched in February 2016 that was later folded into MarketWatch. The monthly journal Far Eastern Economic Review closed in September 2009. Dow Jones serves corporate markets and financial markets clients with financial news and information products and services. Dow Jones owns more than 20 products that combine content and technology to help drive decisions, which include: Dow Jones Newswires
245-522: Is a daily newspaper in print and online covering business, financial national and international news and issues around the globe. It began publishing on July 8, 1889. There are 12 versions of the Journal in nine languages, including English, Chinese, Japanese, German, Spanish, Portuguese, Malay, Turkish and Korean. The Journal has won 35 Pulitzer Prizes for outstanding journalism. Other consumer-oriented publications of Dow Jones include Barron's Magazine ,
280-557: Is also a version of the SPI Extra as a price index. Swiss Performance Index The Swiss Performance Index (SPI) is a wide total-return index that tracks equity primarily listed on SIX Swiss Exchange with a free-float of at least 20%, and excluding investment companies. The index covers large, mid and small caps and is weighted by market capitalization . Most constituents, although not all, are domiciled in Switzerland or
315-416: Is owned by Rupert Murdoch, owner of News Corp and several other major media companies. On May 1, 2007, Dow Jones released a statement confirming that News Corporation , led by Rupert Murdoch , had made an unsolicited offer of $ 60 per share, or $ 5 billion, for Dow Jones. Stock was briefly halted for a pending press release. The halt lasted under 10 minutes while CNBC was receiving data. It was suggested that
350-759: Is registered with the European Securities and Markets Authority , which means that it can be used as an underlying for financial products sold in the EU. The underlying share universe of the SPI is the Swiss All Share Index and includes approximately 230 equity issues. For a company's shares to be included in the SPI, the company must be domiciled in Switzerland and the shares must have a free float equal to or greater than 20%. In 1998, investment companies were taken out of
385-442: Is the real-time financial news organization founded in 1882, its primary competitors are Bloomberg L.P. and Thomson Reuters . The company reports more than 600,000 subscribers – including brokers , traders , analysts , world leaders, and finance officials and fund managers – as of July 2011. In 2009 Dow Jones Ventures launched FINS.com, a standalone resource for financial professionals with information about finance careers and
SECTION 10
#1732869613008420-523: The Dow Jones Industrial Average (DJIA) from 1882 until 2010, when News Corp then sold 90% ownership of the Dow Jones stock market indices business to CME Group ; News Corp sold CME its remaining 10% in 2013. The company was founded in 1882 by three reporters: Charles Dow , Edward Jones , and Charles Bergstresser . Charles Dow was widely known for his ability to break down and convey what
455-612: The Industry Classification Benchmark , a taxonomy used to segregate markets into sectors. In April 2020, Dow Jones CEO William Lewis announced he would be stepping down from his position after nearly six years in the role. On May 7, 2020 News Corp announced that Almar Latour would assume the CEO role on May 15, 2020. In 2021, Dow Jones acquired OPIS and Base Chemicals from IHS Market for $ 1.4 billion dollars. Its flagship publication, The Wall Street Journal ,
490-514: The NewsPicks platform for the US market on November 13, 2017. Similar to the original Japanese edition, the US edition of NewsPicks combines business news from sources like The Wall Street Journal , Bloomberg, and Reuters with social networking features, such as comments on news articles from top-ranked business professionals from around the world ("ProPickers"). The platform currently has a smartphone app for
525-544: The CME Group holding 24.4%, and Dow Jones & Company holding an indirect 2.6% ownership interest in the joint venture. In April 2013, CME Group purchased the Dow Jones & Company interest in the S&;P Dow Jones Indices joint venture for $ 80.0 million, increasing CME Group's interest to 27.0% and removing Dow Jones & Company from all involvement with its namesake indices. In March 2017, Dow Jones and NewsPicks Inc.,
560-559: The Dow Jones Industrial Average. Dow Jones was acquired in 1902 by the leading financial journalist of the day, Clarence Barron. In 2007, Dow Jones was acquired by News Corp., a leading global media company. The Bancroft family and heirs of Clarence W. Barron effectively controlled the company's class B shares, each with a voting power of ten regular shares, prior to its sale to News Corp. At one time, they controlled 64% of Dow Jones voting stock. Currently, Dow Jones
595-523: The Principality of Liechtenstein . The SPI is Switzerland's most closely followed performance index. It is used as a benchmark for mutual funds , index funds and ETFs , and as an underlying index for derivative financial instruments such as options , futures and structured products . In 2020, the SPI, along with other SIX indices, was endorsed under the EU Benchmarks Regulation and
630-501: The SPI 20. The SPI is divided into sectors on the basis of economic activity. This classification is based on the Industry Classification Benchmark ICB from Dow Jones and FTSE , which simplifies international performance comparisons significantly. SPI Stocks are also grouped by security category: registered shares, bearer share, participation certificates. Paid prices are taken into account in calculating
665-483: The SPI Family and put into the specially designed Investment Index in order to avoid double (direct + indirect) listing of SPI components. Exceptions to this rule can be granted to Investment Companies that invest in companies not primarily listed at SIX. The SPI acts in turn as the universe of several other indices offered by SIX Swiss Exchange: Below is the list of the 214 SPI shares as of September 18, 2020. Some of
700-621: The SPI Large, the SPI Middle and the SPI Small. Two more subindices cover Large+Middle as well as Middle+Small. The SPI 20 is another SPI subindex that contains the same companies as in the Swiss Market Index . It mostly overlaps with the SPI Large, but does not fully coincide because of the rules specific to the SMI. For this reason, another subindex, the SPI Extra , includes all SPI companies not in
735-412: The SPI as a whole. If no paid prices are available, the index is calculated on the basis of bid prices. The index is recalculated and published every three minutes. On 1 June 1987, the SPI was standardised at 1000 points. The Swiss All Share Index contains all companies primarily listed at SIX that are headquartered in Switzerland or the Principality of Liechtenstein. It has 232 components. These are all
SECTION 20
#1732869613008770-556: The SPI components, but also equity with less than 20% of free float and investment companies. The additional companies contained in the Swiss All Share Index are listed below, as of November 12, 2019. The following table shows historic milestones of the Swiss Performance Index Total Return. Latest seen values are not final: italic indicates that the value may be seen again if the bear market (-20% from
805-488: The business. The company then became a subsidiary of News Corporation. It was reported on August 1, 2007, that the bid had been successful after an extended period of uncertainty about shareholder agreement, with the transaction finalized on December 13, 2007. It was worth US$ 5 billion or $ 60 a share, giving News Corp control of The Wall Street Journal and ending the Bancroft family's 105 years of ownership. The company
840-664: The buyout offer was related to Murdoch's new cable business news channel Fox Business , which launched in 2007, and that the Dow Jones brand would bring instant credibility to the project. On June 6, 2007, Brian Tierney , CEO and founder of Philadelphia Media Holdings , which then owned The Philadelphia Inquirer , Philadelphia Daily News and Philly.com, went public in an article on Philly.com expressing interest in "joining with outside partners to buy Dow Jones." Tierney said, "We would participate as Philadelphia Media Holdings, along with other investors. We wouldn't do it alone." In June, MySpace co-founder Brad Greenspan put forth
875-464: The companies are primarily listed in Switzerland, but have their headquarters outside Switzerland and were included in the underlying share universe upon request. Some companies have two kinds of shares and thus appear twice in the SPI. SPI components are classified by size, by sector as well as by security category. There are three size categories of SPI components: large-cap, mid-cap and small-cap. Three SPI subindices reflect these sizes, respectively
910-551: The companies that are in the Swiss Performance Index (SPI), but not among the 20 blue chips that are in the Swiss Market Index (SMI), or equivalently the SPI 20 . While the SPI Extra overlaps with the SPI Mid+Small, it does not fully coincide because the SMI criteria are not only based on market capitalisation, but also on liquidity. The following are the tickers for the SPI Extra total return, which takes dividends into account. There
945-638: The finance industry. In 2012, the site was acquired by Dice.com . In broadcasting, Dow Jones provides news content to CNBC in the U.S. It produced two shows for commercial radio , The Wall Street Journal Report on the Wall Street Journal Radio Network and The Dow Jones Report . The network was shut down in 2014. Dow Jones also launched WSJ Live an interactive video website that provides live and on demand videos from The Wall Street Journal Video Network. Programs included " News Hub ", "MoneyBeat", and "Lunch Break" among others. WSJ Live
980-464: The full Dow Jones board on the same evening in New York, and that the offer valued the company at 70% more than the company's market value. Our strategy centers around leaving the print publications of Dow Jones intact to continue serving as the gold standard of financial reporting, and creating additional earnings streams through digital media initiatives that can produce a stock price above 100 dollars
1015-520: The iPhone with plans for release on Android in the future. The venture was dissolved in October 2018 with the Japanese parent company retaining full ownership. The company's foundation was laid by Charles Dow, Edward Jones and Charles Bergstresser who, over two decades, conceived and promoted the three products which define Dow Jones and financial journalism: The Wall Street Journal , Dow Jones Newswires and
1050-568: The peak) persists; parentheses indicate that the value will be seen again if we reenter a bull market (maximum value reached again); Other values may be seen again in case of a crash (assuming a threshold of -50%). Dow Jones %26 Company Dow Jones & Company, Inc. (also known simply as Dow Jones ) is an American publishing firm owned by News Corp and led by CEO Almar Latour . The company publishes The Wall Street Journal , Barron's , MarketWatch , Mansion Global , Financial News and Private Equity News . It published
1085-515: The run-up to the announcement, the United States Securities and Exchange Commission alleged that board member Sir David Li , one of Hong Kong 's most prominent businessmen, had informed his close friend and business associate Michael Leung of the impending offer. Leung acted on this information by telling his daughter and son-in-law, who reaped a US$ 8.2 million profit from an insider trading transaction. Prior to its sale to News Corp,
SPI Extra - Misplaced Pages Continue
1120-462: Was acquired in 1902 by Clarence Barron , the leading financial journalist of the day, after the death of co-founder Charles Dow. Upon Barron's death in 1928, control of the company passed to his stepdaughters Jane and Martha Bancroft. The company was led by the Bancroft family , which effectively controlled 64% of all voting stock, until 2007 when an extended takeover battle saw News Corporation acquire
1155-590: Was best known for the publication of the Dow Jones Industrial Average and related market statistics, Dow Jones Newswire, and a number of financial publications. In 2010 the Dow Jones Indexes subsidiary was sold to the CME Group and the company focused on financial news publications, including its flagship publication The Wall Street Journal and providing financial news and information tools to financial companies. In 2005, together with FTSE, Dow Jones launched
1190-416: Was often considered very convoluted financial information and news to the general public – this is one of the reasons why Dow Jones & Company is well known for their publications and transferring of important and sometimes difficult to understand financial information to people across the globe. Nevertheless, the three reporters were joined in control of the organization by Thomas F. Woodlock . Dow Jones
1225-644: Was shut down in 2017. In February 2010, Dow Jones sold a 90% stake in its Index business for $ 607.5 million to Chicago -based CME Group , which owns the Chicago Mercantile Exchange . A few of the most widely used included: In July 2012, Dow Jones & Company and CME Group contributed the Dow Jones Indices to the formation of the S&;P Dow Jones Indices joint venture, with McGraw–Hill 's Standard and Poor's (S&P) subsidiary holding 73.0%,
#7992