LYCOS RETRIEVER 
Dow Jones: New York
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Dow Jones shares fell 20 cents to $56 at 4 p.m. in New York Stock Exchange composite trading, after surging 55 percent yesterday. Class A shares of New York-based News Corp., owner of Fox News, Fox Television and Twentieth Century Fox, rose 14 cents to $21.59.
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Dow Jones' shares shot up $20.95, or 58 percent, to close at $57.28 in very heavy volume on the New York Stock Exchange after reaching as high as $58.47. They had traded in a 52-week range of $32.16 to $40.08 before Tuesday's news.
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``This is a trophy,'' said fund manager Michael Price, whose MFP Investors LLC in Short Hills, New Jersey, manages about $2 billion and owned 351,000 Dow Jones shares as of Dec. 31. ``This could be a $100 deal.''
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Murdoch's bid represents a significant premium on Dow Jones stock before his offer, when shares were trading in the mid-$30s. Dow Jones stock shot up to more than $60 per share after Murdoch's bid became public; it closed down 54 cents at $56.95 yesterday. Shares of News Corp. closed unchanged at $23.63 yesterday.
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Today, a reporter asked Murdoch if he would abandon the bid for Dow Jones - “You never know,” he said (via Reuters). Later, he told the AP “They keep changing their minds,” referring to the Bancroft family. Also rumors have been swirling that Murdoch may be looking at some sort of deal involving News Corp.’s MySpace and Yahoo, and now all the relevant players are in close proximity.
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"Computers can store, search and display enormous amounts of information, but until recently machines have not been able to understand the meaning of the content," said Dave Clarke, global taxonomy director, Dow Jones. "Now, with the semantic Web being able to capture the meaning in a machine-readable way, users can discover latent information and make new connections between isolated content while benefiting from comprehensive and precise information recall."
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