Using the business media to hype a penny stock
Tom Anderson, associate editor of Kiplinger’s Personal Finance, writes how a Chinese company that recently began trading in the U.S. markets is using ads in business magazines to pump up its stock price. Anderson wrote, “Full-page advertisements that appeared in BusinessWeek, Forbes and Fortune make Guangzhou Global Telecom (symbol GZGT, quoted on the OTC Bulletin Board) […]
Traders profit best when ignoring financial news
Jonathan Hoenig, a manager at a hedge fund, writes on the SmartMoney.com web site that the best investors do well when they ignore what they read about in the financial press. Hoenig wrote, “While I have plenty of respect for television business news, I simply don’t want to be influenced by it — even by […]
New SABEW board members elected
Miami Herald business editor Lisa Gibbs, University of North Carolina professor Chris Roush, Dow Jones Newswires reporter Dawn Wotapka Hardesty, CNBC reporter Rebecca Jarvis and SmartMoney.com editor Ray Hennessey were elected for the first time to the Society of American Business Editors and Writers board on Tuesday. Re-elected to the board were Seattle Times business […]
Clashing cultures in Murdoch and WSJ
Roger Lowenstein writes in the New Republic that the issue with News Corp. CEO Rupert Murdoch acquiring Dow Jones & Co., the owners of The Wall Street Journal, is the culture clash between old money and new money. Lowenstein wrote, “Though Murdoch, like the Journal‘s editorial page, is famously right-wing, News Corp and Dow Jones […]
Vamos named first O’Neil chair in biz journalism at SMU
Mark Vamos, former editor-in-chief of the national business magazine Fast Company and a former senior editor of both Newsweek and BusinessWeek, has been appointed the William J. O’Neil Chair in Business Journalism and senior lecturer at the Meadows School of the Arts at Southern Methodist University in Dallas. He will start in August with the […]
Dow Jones Newswires editors to lead new editorial team
Dow Jones Newswires assistant managing editor Robert McGough and news editor Pat Sullivan will lead the newly formed editorial team for Dow Jones Wealth Manager, a new news service from the company, according to a release. Dow Jones Wealth Manager maps news from Dow Jones and other leading sources to client-specific investments and professional and […]
Good month for BusinessWeek and Economist, not for Time pubs
Business glossies BusinessWeek and the Economist saw double-digit inccreases in advertising revenue and ad pages in February, according to data from the Magazine Publishers of America, while the business magazines from Time Inc. saw declines. BusinessWeek reported a 16.5 percent increase in ad revenue to $21.5 million and a 12 percent increase in ad pages […]
Biz magazines ad sales sluggish in January
Advertising sales for business magazines in January continued to be sluggish, with many of the major publications falling, according to data from the Magazine Publishers of America. This comes off a 2006 in which the revenue for the 14 biz glossies was down slightly and pages were off as well, Ad sales for the Economist, […]
Mixed results for business magazines in October
Business magazines reported results in terms of ad revenue and pages that were all over the place in October, with publications such as the Economist, Forbes and Fortune showing gains from the same month a year ago, but others reporting a drop, according to data posted on the Magazine Publishers of America web site. The […]
Philly biz editor leaving for Smart Money
Philadelphia Inquirer assistant managing editor of business Bob Rose is leaving the paper to take a job as executive editor of Smart Money magazine, according to a news release put out by the glossy. Rose will start on Nov. 30. Rose had been Atlanta bureau chief of the Wall Street Journal before going to Philadelphia. […]
