Differing coverage of the Acer-Gateway deal
TheStreet.com’s Marek Fuchs writes Wednesday that the coverage of Acer’s proposed acquisition of Gateway was all over the map, from references to former Chinese leaders to former CEOs of other computer makers. But The Wall Street Journal, wrote Fuchs, got it right. Fuchs wrote, “They don’t indulge themselves with some lead that traces back 60 […]
Biz media could be harder on Countrywide CEO
TheStreet.com’s Marek Fuchs writes Friday that the business media has been a little too soft on home lender Countrywide CEO Angelo Mozilo. Fuchs wrote, “But while Mozilo goes on his one-man campaign of self-interest, the business media need to do a better job of pointing out his long trail of inconsistencies. You, the savvy investor, […]
Wal-Mart, Home Depot stories ignore competitors
TheStreet.com’s Marek Fuchs writes that earnings stories on Wal-Mart and Home Depot where the economy and the weather are blamed for poor results ignore the fact that competitors Target and Lowe’s aren’t having the same issues. Fuchs wrote, “Now let me show you how a whole mess of articles gets this important weighting wrong. Then […]
TheStreet.com's Fuchs and Barron's Savitz in a tiff
Apparently Barron’s writer Eric Savitz didn’t take too kindly to TheStreet.com’s Marek Fuchs criticizing him for writing the same story about Microsoft stock over and over again. Fuchs wrote, “He first said that my coverage was obnoxious. To this, I must say: I resemble that accusation. But beyond that, he only had one point I […]
Biz media forget about Nardelli's problems at Home Depot
TheStreet.com’s Marek Fuchs writes that the coverage being bestowed upon new Chrysler CEO Robert Nardelli seems to be using revisionist history about his time as Home Depot’s CEO. Fuchs wrote, “So how did the business media cover his appointment to lead Cerberus Capital Management’s Chrysler, one that many will be watching to gauge the ultimate […]
Barron's writer needs to stop with Microsoft story
TheStreet.com’s Marek Fuchs wants to know why Barron’s writer Eric Savitz has written the same Microsoft story about the company still being a growth stock three times in the past three years. Fuchs wrote, “The Business Press Maven has a couple of concerns here. These articles appear written from the same template, without enough new […]
TheStreet.com posts better results, will relaunch in 2008
TheStreet.com reported Thursday higher revenues and profits for the second quarter of the year and announced it would unveil a redesigned business news web site in 2008. A story on the web site stated, “For the quarter ended June 30, TheStreet.com reported record revenue of $14.9 million, up from $12.4 million for the second quarter […]
Business press suckered in sequential reporting on earnings
TheStreet.com media critic Marek Fuchs writes that some companies are asking business reporters to cover their earnings sequentially and not year-over-year, and some are being suckered into the tactic. Fuchs wrote, “Texas Instruments reported after the close on Monday. And then there’s the press release. The first two bullet points, coming right after the headline, […]
TheStreet.com lures producer away from CNBC
Bill McCandless, a former senior producer at CNBC, has joined TheStreet.com as executive editor of multimedia. The role is an executive level position that was created as part of TheStreet.com’s initiative to expand its multimedia offerings across its network of properties. As executive editor, McCandless will oversee all of TheStreet.com’s multimedia initiatives, including creating new programs […]
Fox Biz Network will be successful — with or without Dow Jones
Motley Fool contributing writer Rick Munarriz writes Thursday that the new Fox Business Network will be successful with or without the help of Dow Jones & Co., the parent of The Wall Street Journal, which its parent News Corp. wants to buy for $5 billion. Munarriz wrote, “No, FBN’s launch doesn’t need the blessing — […]
