Key Developments: TheStreet Inc (TST.W)
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18 Jun 2013
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Latest Key Developments (Source: Significant Developments)
TheStreet Inc Announces Strategic Alliance With Philly.com
TheStreet Inc and Philly.com, announced entry into a strategic alliance. TheStreet will begin providing a selection of personal finance coverage as integrated content for business news offered on Philly.com, which is the website owned and operated by The Philadelphia Inquirer's parent company, Interstate General Media. In addition, TheStreet will also provide its content to business news that is featured in The Inquirer. Full Article
TheStreet Inc Appoints John C. Ferrara As Chief Financial Officer
TheStreet Inc announced that John C. Ferrara will join the Company as Chief Financial Officer. Full Article
Law Offices of Todd M. Garber Announces Investigation Of TheStreet Inc
The Law Offices of Todd M. Garber announced that it is investigating potential claims on behalf of shareholders of TheStreet, Inc. (TheStreet or the Company). The investigation concerns possible breaches of fiduciary duties by the Company's Board of Directors. Specifically, the investigation relates to a civil lawsuit filed by the Securities and Exchange Commission against TheStreet alleging the Company improperly recognized revenue throughout 2008 at a former subsidiary of the Company. Full Article
TheStreet Inc Announces Management Change-Form 8-K
TheStreet Inc reported in its Form 8-K that in connection with a mutual decision of TheStreet, Inc. (Company) and Thomas Etergino to end Mr. Etergino’s relationship with the Company, the Company and Mr. Etergino entered into a Separation Agreement and General Release on December 31, 2012 setting forth the terms and conditions of Mr. Etergino’s departure from the Company. Mr. Etergino will continue as an employee of the Company through the filing of the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, and will carry out all duties and responsibilities of his position with the Company as Executive Vice President and Chief Financial Officer (CFO). Full Article
TheStreet Inc Completes Acquisition OF The Deal LLC From Wasserstein & Co.
TheStreet Inc announced that it has completed the acquisition of The Deal LLC from Wasserstein & Co. Full Article
TheStreet, Inc. suspends Third Quarter 2012 Dividend
TheStreet, Inc. announced that it will suspend the third quarter 2012 dividend. On a quarterly basis, this will result in cash savings of approximately $0.9 million, improving the Company's cash flow which will be used to support the Company's growth initiatives. Full Article
TheStreet, Inc. Announces Quarterly Cash Dividend
TheStreet, Inc. announced that its board of directors has declared the Company's quarterly cash dividend on its common stock. The cash dividend of $0.025 per share of common stock will be payable June 29, 2012, to all shareholders of record at the close of business on June 15, 2012. Full Article
TheStreet, Inc. Announces Management Change
TheStreet, Inc. announced the appointment of Elisabeth DeMarse as Chief Executive Officer and President of the Company. She is also joining the Company's Board of Directors. Full Article
TheStreet, Inc. Announces Quarterly Cash Dividend
TheStreet, Inc. announced that its Board of Directors has declared the Company's quarterly cash dividend on its common stock. The cash dividend of $0.025 per share of common stock will be payable March 30, 2012, to all shareholders of record at the close of business on March 15, 2012. Full Article
TheStreet, Inc. Announces Management Transition
TheStreet, Inc. announced that Daryl Otte, the Company’s Chief Executive Officer (CEO) since 2009 and member of the Company’s Board of Directors since 2001, will step down from his positions by March 31, 2012. The Board of Directors has formed a special committee to search for his successor. Otte will assist the Company with its search and with the transition to a new CEO through his date of departure. Full Article

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