Dow Jones Earnings Plunge 33 Percent

Dow Jones & Co., publisher of The Wall Street Journal, saw profits fall 33 percent in the first quarter as difficulties mounted at its Telerate financial information business.

For the three months ended March 31, Dow Jones earned $25.4 million, or 27 cents a share, down from $37.6 million, or 39 cents a share, in the same period a year earlier. Operating income fell 10 percent. Revenue declined to $606.0 million from $584.8 million.