- Dow Jones's Release of the Market Moving News Caused Commerzbank's Shares to Surge Higher - NEW YORK, May 12 /PRNewswire/ -- On May 7, 2009, Dow Jones Newswires was ahead of the competition in reporting the outcome of negotiations between the E.U. Commission and the German government on state-aid to Commerzbank, Germany's second-largest bank. While there were numerous reports of a possible compromise a few days prior, Dow Jones was first in reporting the actual details, causing Commerzbank's stock to rise 22%. The news caused Commerzbank's stock to rise mainly because traders were relieved that the government aid was finally confirmed, and also because market observers believed the conditions placed upon the state-aid were favorable for the German bank. Dow Jones released the news at 8:08am GMT, giving its readers a head start of more than one hour to act on this news and lock in on early buys into Commerzbank. It was later reported by rival news organizations Thomson Reuters and Bloomberg at 9:30am GMT, who both had to wait for the official announcement. More than 435,000 financial professionals in 66 countries turn to Dow Jones for breaking news, commentary and analysis, including market moving corporate, economic, market, financial and political news. Reporting from nearly 90 bureaus across the globe, Dow Jones publishes up to 12,000 news items each day, in 11 languages, covering all asset classes. Dow Jones' products help its customers build relationships, create market opportunities and enhance trust in their services. For more information about Dow Jones Newswires, visit http://www.dowjonesnewswires.com/ or to learn more about the Dow Jones Enterprise Media Group, visit http://www.solutions.dowjones.com/. ABOUT DOW JONES Dow Jones & Company (http://www.dowjones.com/) is a News Corporation company (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV; http://www.newscorp.com/). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S. DATASOURCE: Dow Jones & Company CONTACT: Tiffany Richardson of Dow Jones Enterprise Media Group, +1-609-627-2101, Web Site: http://www.dowjonesnewswires.com/

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