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TheStreet.com
''TheStreet'' is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus a stock recommendation portfolio co-managed by Bob Lang and Chris Versace. Former notable contributors include Jim Cramer, Bob Powell, Aaron Task, Herb Greenberg, and Brett Arends. History Early years: going public TheStreet, Inc., (formerly, TheStreet.com, Inc.) was co-founded in 1996 by Jim Cramer and Marty Peretz. It became a public company via an initial public offering in May 1999 under the direction of former CEO Kevin English and former CFO Paul Kothari. Dave Kansas became editor-in-chief in April 1997. Kansas also opened a San Francisco bureau and was a member of the board of directors. In 1999, at the peak of the dot-com bubble, the market capitalization of the company was $1.7 billion. In July 2001, David J. Morrow, a former reporter for ''The New York Times'', joined ...
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Jim Cramer
James Joseph Cramer (born February 10, 1955) is an American television personality and author. He is the host of ''Mad Money'' on CNBC and an anchor on ''Squawk on the Street''. A former hedge fund manager, founder, and senior partner of Cramer Berkowitz, Cramer wrote several books, including ''Confessions of a Street Addict'' (2002), ''Jim Cramer's Real Money: Sane Investing in an Insane World'' (2005), ''Jim Cramer's Mad Money: Watch TV, Get Rich'' (2006), and ''Jim Cramer's Get Rich Carefully'' (2013). He co-founded TheStreet.com, which he wrote for from 1996 to 2021. Cramer hosted ''Kudlow & Cramer'' from 2002 to 2005. Early life Cramer was born in 1955 in Wyndmoor, Pennsylvania (a suburb of Philadelphia), to Jewish parents. Cramer's mother, Louise A. Cramer (1928–1985), was an artist. Cramer's father, N. Ken Cramer (1922–2014), owned International Packaging Products, a Philadelphia-based company that sold wrapping paper, boxes, and bags to retailers and restaurants. ...
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James Cramer
James Joseph Cramer (born February 10, 1955) is an American television personality and author. He is the host of ''Mad Money'' on CNBC and an anchor on ''Squawk on the Street''. A former hedge fund manager, founder, and senior partner of Cramer Berkowitz, Cramer wrote several books, including ''Confessions of a Street Addict'' (2002), ''Jim Cramer's Real Money: Sane Investing in an Insane World'' (2005), ''Jim Cramer's Mad Money: Watch TV, Get Rich'' (2006), and ''Jim Cramer's Get Rich Carefully'' (2013). He co-founded TheStreet.com, which he wrote for from 1996 to 2021. Cramer hosted ''Kudlow & Cramer'' from 2002 to 2005. Early life Cramer was born in 1955 in Wyndmoor, Pennsylvania (a suburb of Philadelphia), to Jewish parents. Cramer's mother, Louise A. Cramer (1928–1985), was an artist. Cramer's father, N. Ken Cramer (1922–2014), owned International Packaging Products, a Philadelphia-based company that sold wrapping paper, boxes, and bags to retailers and restaurants. ...
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Aaron Task
Aaron Task is an American journalist and on-air host. From 2015 to 2016 he was Digital Editor of Fortune and the host of the podcast Fortune Unfiltered. From 2008 to 2015 he was Editor-in-Chief of Yahoo! Finance and the host of The Daily Ticker. In August 2015 he announced that he was leaving Yahoo. He previously worked at TheStreet.com in a variety of roles, including executive editor and SF bureau chief. Task was contributing editor for Barry Ritholtz's book ''Bailout Nation'' (Wiley, 2008). Task received a bachelor's degree in journalism from Rutgers Rutgers University (; RU), officially Rutgers, The State University of New Jersey, is a public land-grant research university consisting of four campuses in New Jersey. Chartered in 1766, Rutgers was originally called Queen's College, and w ... university. References {{DEFAULTSORT:Task, Aaron Living people Yahoo! people Rutgers University alumni Year of birth missing (living people) Place of birth missing (living p ...
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Dave Kansas
David Kansas (born March 28, 1967) was the president of American Public Media until a restructuring in March 2022. He had also served as chief operating officer of American Public Media Group, a position he assumed in 2011. He was formerly an editor with ''The Wall Street Journal'' and TheStreet.com. Career Prior to taking the COO role at American Public Media Group, Kansas was a journalist living in London and working for ''The Wall Street Journal''. While working for ''The Wall Street Journal'', Kansas has written about a number of topics such as European financial systems and the stock market. He was the editor of ''The Wall Street Journal'''s Money & Investing section, author of the books ''The Wall Street Journal Guide to the End of Wall Street as We Know It'' and ''The Wall Street Journal's Complete Money & Investing Guidebook.'' Kansas is also former president of a personal finance online venture FiLife.com between Dow Jones and IAC/InterActiveCorp. Prior to that, he als ...
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Brett Arends
Brett Arends is an American journalist covering finance and investing. Since 2007, Arends has been a columnist for ''The Wall Street Journal'' (WSJ) and other Dow Jones publications, such as MarketWatch. He was a contributing editor and wrote a weekly column for WSJ's personal finance magazine, '' SmartMoney'', until it closed in 2012. He now writes for the Wall Street Journal's online edition's R.O.I. or Return on Investment, daily. Biography Born in Poughkeepsie, New York, he took a "double first" in History at Cambridge University, and did postgraduate research at Oxford University. Prior to joining the Wall Street Journal, Arends was a columnist and reporter for the ''Boston Herald'' and TheStreet.com, a financial news service. He has also written for ''Private Eye'' and the ''Daily Mail'' in London. He is a former analyst and consultant for the McKinsey & Co., a management consulting firm. In 2012, Arends received a Best in Business Journalism award from the Society of A ...
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Marty Peretz
Martin H. Peretz (; born December 6, 1938) is an American former magazine publisher and educator. Formerly an Professor#Assistant professor, assistant professor at Harvard University, he purchased ''The New Republic'' in 1974 and assumed editorial control shortly afterwards. He founded the financial news website TheStreet.com in 1996 with personality and hedge fund manager Jim Cramer. Peretz is known for his strong support of Israel as well as his approval of the 2003 invasion of Iraq, US invasion of Iraq in 2003. He retained majority ownership of ''The New Republic'' until 2002, when he sold a two-thirds stake in the magazine to two financiers. Peretz sold the remainder of his ownership rights in 2007 to CanWest Global Communications, though he retained his position as editor-in-chief. In March 2009, Peretz repurchased the magazine with a group of investors led by ex-Lazard executive Laurence Grafstein. In late 2010, Peretz gave up his title of editor-in-chief at ''The New Republi ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Investor's Business Daily
''Investor's Business Daily'' (''IBD'') is an American newspaper and website covering the stock market, international business, finance and economics. Founded in 1984 by William O'Neil as a print news publication, it is owned by News Corp and is headquartered in Los Angeles, California. Holding a conservative political stance, ''IBD'' provides news and analysis on stocks, mutual funds, exchange-traded funds, commodities, and other financial instruments aimed at individual investors and financial professionals. It also provides tools for financial literacy. The publication focuses on the CAN SLIM investment strategy developed by founder William O'Neil. Every Monday in its weekly edition, the publication publishes the components of ''The IBD 50 Index'', a list of 50 growth stocks that are most attractive based on earnings, stock price performance, and other criteria used in the CAN SLIM strategy. It is the basis for an exchange-traded fund (ETF) called the Innovator IBD 50 ETF (Tic ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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The Baltimore Sun
''The Baltimore Sun'' is the largest general-circulation daily newspaper based in the U.S. state of Maryland and provides coverage of local and regional news, events, issues, people, and industries. Founded in 1837, it is currently owned by Tribune Publishing. The ''Baltimore Sun's'' parent company, '' Tribune Publishing'', was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2021. History ''The Sun'' was founded on May 17, 1837, by printer/editor/publisher/owner Arunah Shepherdson Abell (often listed as "A. S. Abell") and two associates, William Moseley Swain, and Azariah H. Simmons, recently from Philadelphia, where they had started and published the '' Public Ledger'' the year before. Abell was born in Rhode Island, became a journalist with the ''Providence Patriot'' and later worked with newspapers in New York City and Boston.Van Doren, Charles and Robert McKendry, ed., ''Webster's American Biographies''. (Springfiel ...
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Dot-com Bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the 19 ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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