Fund that used CNBC’s Cramer picks is closing

An exchange-traded fund that mimics CNBC “Mad Money” anchor Jim Cramer’s stock picks is shutting down after failing to attract investors, reports Ariel Zilber of The New York Post. Zilber reports, “In the press release, Tuttle said the goal of launching both ETFs was to ‘facilitate a conversation’ with Cramer and his host network. “‘Unfortunately, Mr. Cramer […]

Investing with, or against, CNBC’s Jim Cramer

Katherine Greifeld of Bloomberg News writes about two new ETFS that allow investors to bet either on or against the stock picks of Jim Cramer, the host of CNBC’s “Mad Money” show. Greifeld writes, “The Inverse Cramer Tracker ETF seeks to deliver returns that correspond to ‘the inverse of securities mentioned by Cramer’ by either short-selling […]

CNBC launches Cramer paid section of its website

CNBC announced Tuesday the launch of the “CNBC Investing Club with Jim Cramer” subscription product. The cost is $49 a month or $399 for the year. The website gives subscribers Cramer’s analysis of portfolio management and investing. Jeff Nash, who has been named managing editor of the “CNBC Investing Club with Jim Cramer,” will be […]

CNBC’s Cramer tests positive, will host “Mad Money” from home

CNBC “Mad Money” host Jim Cramer has tested positive for the COVID-19 virus and will host his show from home, reports A.J. Katz of Katz reports, “Cramer says he is ‘triple-vaccinated from Moderna’ and seems to be feeling OK. While he would prefer to be in the office, he realizes that he is contagious and will host his […]

Cramer signs new deal with CNBC, leaving TheStreet

CNBC announced Thursday that anchor Jim Cramer has signed a multi-platform deal that brings his media assets into the CNBC portfolio. Terms were not disclosed. In addition to his on-air duties for “Mad Money w/Jim Cramer” and “Squawk on the Street,” CNBC will partner with Cramer to create exclusive subscription products and content aimed at […]

CNBC’s Cramer apologizes for “Crazy Nancy” comment

CNBC’s Jim Cramer apologized Tuesday after critics derided his use of the epithet “Crazy Nancy” during an interview with House Speaker Nancy Pelosi, reports Brian Steinberg of Variety. Steinberg reports, “Cramer was questioning Pelosi about negotiations for new coronavirus relief, and appeared to use the ‘Crazy Nancy’ phrase in describing the White House position. But he quickly realized he had […]

Deal for TheStreet closes, Cramer to continue

Maven closed its acquisition of TheStreet Inc. on Thursday for $16.5 million in cash. As part of the closing, Maven and TheStreet co-founder Jim Cramer announced a new partnership between TheStreet and Cramer Digital, a new production company featuring the digital rights and content created by Cramer and his team. The partnership will allow Cramer […]

TheStreet to pay Cramer at least $2 million royalty, $300,000 license fee

Financial news site will pay cofounder Jim Cramer an annual royalty fee no less than $2 million and an annual $300,000 license fee as part of his new four-year contract, according to a filing Monday with the Securities and Exchange Commission. In addition, Cramer will receive 1 million shares of restricted stock that he […]

TheStreet extends contact with Cramer through 2021

Financial news site has signed a new contract with Jim Cramer for another four years at an undisclosed amount. The new contract takes effect Jan. 1, 2018 and will expect Dec. 31, 2021. Cramer, who is one of TheStreet’s co-founders, provides commentary and analysis for the site and for some of its subscription products. […]

Cramer survives shareholder uprising at TheStreet

Jim Cramer, the perspicacious host of CNBC’s “Mad Money” and the co-founder of The, has survived an uprising by a disgruntled shareholder at his financial news company, reports Keith Kelly of the New York Post. Kelly writes, “But shareholders at last week’s annual meeting sided with The Street’s nominees over Cannell’s people. “But that doesn’t mean […]