Key Developments For TheStreet.com
TheStreet.com (TSCM.O) (Consolidated Issue listed on NASDAQ Global Market)
TheStreet.com Announces Quarterly Cash Dividend
TheStreet.com 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 September 30, 2009, to all shareholders of record at the close of business on September 15, 2009.
TheStreet.com to Reschedule 2009 Second-Quarter Earnings Release
TheStreet.com announced that it will delay its second-quarter 2009 earnings release and investor conference call, previously scheduled for July 29, 2009. The release and call are being delayed in order to allow the Company adequate time to finalize its results for the second quarter ended June 30, 2009. The Company has identified an issue relating to its recording of certain revenue in a non-core business, Promotions.com, that the Company acquired in August 2007. The Company currently is assessing the impact of this issue on the periods since the acquisition and has not yet determined whether it will be required to restate any prior period results.
TheStreet.com Announces Quarterly Cash Dividend
TheStreet.com 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 30, 2009, to all shareholders of record at the close of business on June 15, 2009.
TheStreet.com Appoints Daryl Otte As New Chief Executive Officer
TheStreet.com announced that it has appointed Daryl Otte as Chief Executive Officer(CEO). Mr. Otte had previously been the Company`s Interim CEO, a position he was named to in March 2009.
TheStreet.com Announces Resignation Of Eric Ashman As CFO-Form 8-K
TheStreet.com reported in its Form 8-K that Eric Ashman resigned as the Company's Chief Financial Officer, effective May 8, 2009.
