Bloomberg big winner in CPA financial journalism contest
The New York State Society of Certified Public Accountants announced Wednesday the winners for its Excellence in Financial Journalism Awards that recognize reporters from the national and local press who contribute to a better understanding of business topics. Twelve judges, representing the NYSSCPA and the New York Financial Writers Association, selected winners. Journalists will be […]
Pay sites can work
Jack Shafer of Slate writes about the pay model for online news and information and notes that some of the most successful ventures in this area have been in business and consumer journalism. Shafer writes, “Wildly unique and immensely useful describes the paid site ConsumerReports.org. If you’re in the market for a new sewing machine, […]
Kass defends Cramer
Doug Kass, a money manager who writes for TheStreet.com, defends CNBC “Mad Money” host Jim Cramer and his investment picks on Monday while noting that he does so without any prodding from TheStreet.com, where Cramer is a major investor and board member. Cramer’s picks were the subject of a Barron’s article this weekend. Kass writes, […]
The CNBC vs. Barron's fight continues
Barron’s published another story this weekend that argued that CNBC “Mad Money” host Jim Cramer‘s record of picking stocks has underperformed the market. It’s not the first time that the weekly business newspaper has done so. Steve Krakauer of TV Newser posted Monday afternoon a copy of the e-mail exchange between reporter Bill Alpert and CNBC vice president of […]
Cramer's picks still underperforming
Bill Alpert of Barron’s, which has long been a critic of “Mad Money” host Jim Cramer, takes a look at his recent picks again in its Saturday issue and determines that they’re still underperforming when compared to the overall market. Alpert writes, “Cramer’s recommendations underperform the market by most measures. From May to December of […]
Dow Jones to seek wage freeze for union newsroom workers
Dow Jones & Co., the parent of The Wall Street Journal, Dow Jones Newswires, Barron’s and Marketwatch, said Friday that it would seek a salary freeze for union-represented staff as it conducts negotiations for successor collective-bargaining agreements going forward. The measure was one of many outlined by the company in its attempts to lower its expenses in the […]
WSJ, Dow Jones continues to grow
News Corp. CEO Rupert Murdoch made the following comments about Dow Jones & Co. and The Wall Street Journal on the company’s earnings conference call Thursday. Murdoch stated, “Over the past year, the Wall Street Journal has added new pages and launched a luxury magazine that has attracted 30 new advertisers for the franchise. We […]
Barron's confesses to poor performance
Barry Ritholtz, writing on his Big Picture blog, applauds Barron’s for having the guts to admit that its stock picks have badly underperformed the stock market. Ritholtz writes, “So whenever a major media outlet fesses up for their past advice — good and bad — the rarity of the event nearly make it a cause […]
Changes made to Barron's Web staff
Barron’s announced Thursday some editorial staff changes to its Web site operation that it hopes will increase subscriptions and traffic. Randall W. Forsyth has been named editor-in-chief of Barrons.com. Forsyth, who has served as editor of the site since 2006, will continue to write his popular online column, “Up and Down Wall Street Daily,” which […]
Dow Jones freezes salaries for 2009
Patrick Gavin of FishBowlDC has posted a memo from Dow Jones & Co. CEO Les Hinton in which the owner of The Wall Street Journal, Marketwatch and Barron’s says it is freezing salaries for 2009. In the memo, Hinton states, “Therefore, as we continue to look for further cost efficiencies, I have decided to implement […]
