TheStreet.com, the online business news service, has reported its first profitable year since its inception a decade ago when Jim Cramer and others helped found it.
According to this report on NewYorkbusiness.com, “TheStreet.com earned $246,000, or 1 cent per share, for the year ended Dec. 31, compared with a loss of $2. 2 million, or 9 cents a share, in 2004. Revenue rose 10%, to $33.7 million.
“Its latest annual results were helped by strong profits from its electronic publishing business, which earned $5.8 million, along with the shutdown of its securities research and brokerage business in June. Excluding discontinued operations, the company earned $5.8 million, or 22 cents per share, up from $3.6 million, or 14 cents per share, a year earlier.”
Read the entire report, which includes an item about the CFO leaving, here.
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…
The Austin Business Journal seeks a staff writer to cover economic development in one of…
A Russian court on Saturday placed Sergei Mingazov, a journalist for the Russian edition of…
Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…
Clare Fieseler has been hired by Politico and subsidiary E&E News to cover renewable energy,…