TheStreet’s earnings beat expectations on lower expenses
Financial news site TheStreet.com reported fourth-quarter earnings on Tuesday that beat analyst expectations on lower expenses. The New York-based company reported a loss of $345,681, or a penny a share, compared to analyst’s expectations of a loss of 4 cents per share. However, subscription revenue declined in the quarter if you exclude an acquisition. Subscription […]
Interim CEO of TheStreet to receive $35,833 a month
Larry Kramer, named interim chief executive officer of TheStreet.com earlier this week, will receive compensation of $35,833 per month while in the position, according to a Securities and Exchange Commission filing on Thursday. While he is interim CEO, Kramer will no longer serve as a member of the financial news firm’s audit committee or the […]
TheStreet CEO DeMarse resigns
TheStreet.com chief executive officer Elisabeth DeMarse resigned from the financial news and information company on Tuesday and has been replaced on an interim basis by former Marketwatch.com founder Larry Kramer. All changes are effective immediately. The company has engaged an executive search firm to assist in identifying a full-time replacement. TheStreet’s chief business officer left […]
TheStreet names Lundberg its CFO
TheStreet.com has named Eric F. Lundberg as its chief financial officer. He replaces John C. Ferrara, who resigned in October 2015 to pursue another opportunity. Lundberg recently held the position of senior vice president and chief financial officer of ALM Media LLC from January 2008 to January 2015. He was also a member of ALM Media’s […]
TheStreet.com hires Dracula to vine the election
Jeremy Greenfield of TheStreet.com writes that the financial news site has hired a person called “Dracula” to cover the 2016 presidential election through Vine postings. Greenfielcd writes, “Many of the candidates have Vine accounts now: Donald Trump has 97,000 followers and nearly 12 million loops; Jeb Bush is at around 3,500 followers and 1.4 million loops; […]
Chief business officer of TheStreet leaves company
Erwin Eichmann, the chief business officer of TheStreet.com, has left the company to pursue other interests, according to a regulatory filing on Tuesday by the financial news company. As part of his departure, Eichmann and the company have agreed that he will work as a consultant for TheStreet for the first three months of 2016 […]
Marketwatch founder named TheStreet chairman
Larry Kramer, who founded what is now MarketWatch.com in the 1990s, was named chairman of the board of financial news company TheStreet.com on Thursday. Kramer, a director of TheStreet since October 2015, founded and led CBS MarketWatch. Most recently, he was the president and publisher of USA Today where he transformed an iconic newspaper from a […]
The Deal seeks assistant managing editor
The Deal LLC, an award-winning financial multi-media division of The Street Inc., is seeking an Assistant Managing Editor with excellent writing and interpersonal skills, a solid working knowledge of sophisticated corporate finance concepts, a facility for working with spreadsheets and data feeds, and an ambition to provide insightful, well-reported and timely stories to a customer […]
TheStreet seeks writer to cover media industry
TheStreet Inc., an award-winning financial media company recently named on Folio’s list of Top Places to Work in Media, is seeking a Financial News Writer to write about the media industry. We’re looking for a writer able to follow and break news while adding insight and commentary to the most important and compelling companies and […]
TheStreet CEO: We’re undervalued compared to competitors
Here are comments made by TheStreet chief executive officer Elisabeth DeMarse on its earnings conference call Wednesday: To sum up, I believe TheStreet is undervalued on its space today. The intrinsic value of the company is substantially higher than it was two years ago. Earlier I mentioned the recent high valuations for digital media company […]
