TheStreet acquires DealFlow Media
Financial news company TheStreet Inc. announced Monday that it has acquired the financial newsletters and databases, The DealFlow Report, The Life Settlements Report and the PrivateRaise database from DealFlow Media Inc. Financial terms of the deal were not disclosed. A story from TheStreet states, “TheStreet will integrate the acquired content into The Deal, which TheStreet […]
TheStreet.com to sponsor Nightly Business Report
TheStreet.com has agreed to sponsor “Nightly Business Report,” becoming the first sponsor of the public television show since it was acquired earlier this year by CNBC. “TheStreet is all about helping our users and subscribers become better investors,” TheStreet’s chairman and CEO, Elisabeth DeMarse stated in a prepared statement. “Our audience is naturally aligned with […]
TheStreet names new assignment editor and head of video
The Street.com has named business television journalist Ruben Ramirez as its assignment editor and head of video content. Ramirez will be based at The Street’s New York City headquarters. “The Street is thrilled to have somebody of Ruben’s experience and talent helping guide our state-of-the-art video operations,” said William Inman, editor-in-chief, in a statement. Ramirez will be responsible for […]
At the intersection of Wall and Broad
Debra Borchardt of TheStreet.com worked in the securities business for almost 20 years, spending 15 of those years at Bear Stearns. Borchardt’s work experience covered such diverse areas as equities, fixed income and mutual funds with her last position in the clearing side of the business vetting money managers. During her Wall Street years, she […]
TheStreet.com and the financial advisors that read it
TheStreet.com has more readers who are certified financial advisors than any other financial-media Web site, according to the most recent research from comScore Media Metrix. A story on TheStreet.com states, “TheStreet, the publisher of this Web site, also ranked first among high-net-worth investors and business decision makers, comScore said in its November report, the latest […]
SEC charges TheStreet.com with accounting fraud
The Securities and Exchange Commission charged digital financial media company TheStreet.com and three executives for their roles in an accounting fraud that artificially inflated company revenues and misstated operating income to investors. The SEC alleges that TheStreet Inc., which operates the website TheStreet.com, filed false financial reports throughout 2008 by reporting revenue from fraudulent transactions […]
TheStreet.com journalist linked to insider trading ring
Reed Albergotti of The Wall Street Journal writes Friday about how Michael Baron, a senior editor at TheStreet.com, has been tied to a sophisticated insider trading ring. Albergotti writes, “Mr. Baron — described in the complaint as a co-conspirator, or ‘CC-1,’ and as ‘a reporter at a financial news website’ — hasn’t been identified previously. […]
TheStreet.com acquires The Deal magazine
The Street.com announced Wednesday the acquisition of The Deal LLC, a media company primarily covering the mergers and acquisitions market, from private equity firm Wasserstein & Co. Michael Baron of TheStreet writes, “During a conference call, TheStreet disclosed the purchase price for The Deal was $5.8 million in cash and said it plans to discontinue […]
Be a business journalist, not a political blowhard
Doug Kass writes on Real Money, an online publication of TheStreet.com, about how some business journalists have turned into political commentators. Kass writes, “I have very strongly held political beliefs, but I feel as strongly that my platform in my diary on Real Money Pro is an inappropriate forum for me to deliver and voice […]
Update on TheStreet.com
Later this evening TheStreet.com CEO Elisabeth DeMarse and editor in chief Bill Inman will meet with investors and others at The W Hotel in New York to discuss the financial new website’s latest accomplishments and future aspirations. Talking Biz News asked Inman for an update on what’s happening on the editorial side since he took […]
