TheStreet.com shares jump 27%

Eric Savitz of Barron’s reports Tuesday on the 27 percent rise in TheStreet.com stock — 69 cents to $3.21 — due to its earnings release on Monday where it restated earnings for the past year and gave guidance for the fourth quarter. (The stock is now up 28 percent, or 71 cents.) The rise has […]

TheStreet.com reports third-quarter loss, restates earnings from 2008

Financial news site TheStreet.com reported Monday a third-quarter loss on declining revenue and restated its financial results from 2008 after an accounting review. The New York-based company had delayed releasing its third-quarter earnings until the review had been completed. The company reported a net loss of $1.4 million, or 5 cents per share, in the third […]

Kansas: Morrow is one of main reasons why TheStreet.com remains alive

Dave Kansas, who was the first editor in chief of TheStreet.com, said Friday that the person who succeeded him, Dave Morrow, is the reason why the financial news site is so successful. Kansas, who is now with The Wall Street Journal in Europe, was commenting in the wake of the disclosure that Morrow, 49, is suffering from cancer. […]

Cramer: I expect Morrow to get well, work again

TheStreet.com co-founder and “Mad Money” host Jim Cramer believes that David Morrow, the former TheStreet.com editor in chief who is now a business journalism professor at the University of Nevada, will conquer cancer the same way he conquered the Web site’s newsroom. In an e-mail to Talking Biz News Thursday night, Cramer wrote, “First as […]

Reynolds professor Morrow, former editor of TheStreet.com, terminally ill

TALKING BIZ NEWS EXCLUSIVE David Morrow, the editor in chief of TheStreet.com for eight years before becoming the Reynolds Endowed Chair in business journalism at the University of Nevada-Reno this past school year, is terminally ill with cancer. Morrow is home with his family in South Carolina, according to a message sent to TheStreet.com staff […]

Cramer reverses course — again

“Mad Money” host Jim Cramer has reversed his opinion again, writes Kaja Whitehouse of the New York Post, upsetting his readers on TheStreet.com. The issue this time is a proposed tax on stock trading as a way to pay down the national debt. Cramer has been criticized in the past year for changing his views on […]

TheStreet.com has highest gain in visitors in October

TheStreet.com had the highest percentage gain in visitors among all Web sites in October, according to the latest data from the comScore Media Matrix. TheSreet.com reported 8.5 million visitors in October, up 96 percent from the 4.4 million it reported in September. The next-closest increase was the 71 percent increase reported by BuddyTV. General Motors […]

Business news sites gained traffic in August, yearly data strong

Five business news sites were among the top 30 sites in terms of traffic gained in August, according to data from TNS Media. BusinessWeek magazine saw a 21 percent gain to 5.7 million viewers from July. Its viewership is now up 52 percent for the past year. Only three other sites saw a bigger increase […]

New ME named at TheStreet.com

Mike Gannon has been promoted to managing editor at TheStreet and is now overseeing all staff-produced content at the financial news Web site. He previously led TheStreet’s coverage of the financial services industry as a deputy managing editor. Gannon joined TheStreet.com in March 2007, after spending more than six years as a reporter and editor for The […]