America Online and TheStreet.com to Feature TheStreet.com's Respected, Edgy Financial News and Commentary in AOL'S Personal Finance Channel.DULLES, Va. and NEW YORK--(BUSINESS WIRE)--April 20, 1998-- TheStreet.com Co-Founder, Wall Street Guru Jim Cramer This article is about the television personality and host of Mad Money. For the champion Scrabble player, see Jim Kramer. James J. "Jim" Cramer (b. to Conduct Live Financial Chat on AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. to Launch Alliance AOL's mission to bring its members top-quality financial content from the best brand name partners continues, as AOL Interactive Services, the Internet online services division of America Online See AOL. , Inc. (NYSE NYSE See: New York Stock Exchange : AOL), and TheStreet.com, a leading subscription-based investment news site, today announced an agreement to feature TheStreet.com's cutting-edge financial analysis and live events through an anchor tenancy in AOL's Personal Finance Channel, the number one personal finance destination in cyberspace Coined by William Gibson in his 1984 novel "Neuromancer," it is a futuristic computer network that people use by plugging their minds into it! The term now refers to the Internet or to the online or digital world in general. See Internet and virtual reality. Contrast with meatspace. . Under the agreement, TheStreet.com will provide AOL's Personal Finance Channel with certain financial news and commentary otherwise accessible only through TheStreet.com's premium Website. AOL members who wish to access the full range of TheStreet.com's features and analysis will receive a 20% discount on subscriptions to TheStreet.com's Website, normally $99.95 per year. To launch this new relationship, TheStreet.com co-founder, hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" manager and consistent Street-beater Jim Cramer will conduct a live AOL chat on Monday, April 20th at 5:00 p.m. to discuss the current market atmosphere and his proven investing strategies. This chat will be accessible through AOL Live or Personal Finance Live (Keyword: Live). Certain features from TheStreet.com's premium Website will be available in AOL's Active Trader and Investing Forums areas when they launch in several weeks, and also through Keyword: TheStreet. TheStreet.com's free offerings on AOL will include: Jim Cramer's popular Wrong! columns, market update stories throughout the day by Senior Financial Columnist Herb Greenberg Herb Greenberg, an American journalist, is a columnist for MarketWatch.com and a frequent guest contributor on various CNBC shows, including Fast Money and Jim Cramer's Mad Money. and Editor-in-Chief Dave Kansas, as well as daily reporting on mutual funds and options. These features will appear in AOL's Personal Finance Channel shortly after they have already appeared on TheStreet.com's site. Regular live chat events on AOL are also a key component of the relationship. In addition to Jim Cramer's live AOL chat on April 20th, Cramer and Herb Greenberg will each participate in a live AOL chat every month. A rotating roster of TheStreet.com staff reporters and editors will also participate in regular weekly chats. These chats will eventually be conducted on a daily basis, giving AOL members the ability to get the latest insight on fast-moving market stories. The Investing Forums and Active Trader areas of AOL's Personal Finance Channel will feature prominent links to TheStreet.com Website, where interested AOL members will receive a 20% discount on subscription fees. "With Jim Cramer at the helm, TheStreet.com has earned a reputation as one of the most respected financial news and commentary sites in the online world and beyond," said Bob Pittman, president and COO of America Online, Inc. "With AOL members becoming more directly involved in their personal finances, TheStreet.com's insightful analysis and unabashed commentary on the financial world should be a valuable tool to help them with financial and investing decisions." "When I first dreamed up TheStreet.com, I hoped that we would one day forge a relationship with the guys who introduced me to the online world, America Online," said Jim Cramer. "Now the dream has come true, and we won't waste a minute in establishing a significant resource for AOL's community of 12 million people, including the five-and-a-half million who regularly use AOL's Personal Finance Channel." "TheStreet.com is a very broad avenue, encompassing the distinctive talents of many different experts on various segments of the investing enterprise, with over 30 reporters producing approximately 35 stories with investable ideas each day," said Martin Peretz Martin H. Peretz, also known as Marty Peretz, (born December 6, 1938), is an American publisher and former Harvard University lecturer. He owned The New Republic from 1975 to 2007, [1] and served for many years as its editor-in-chief. , cofounder co·found tr.v. co·found·ed, co·found·ing, co·founds To establish or found in concert with another or others. co·found of TheStreet.com and the chairman and editor-in-chief of The New Republic. AOL's Personal Finance Channel is one of the most popular and rapidly growing areas on the online service, and is the leading financial destination in cyberspace, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Media Metrix. It provides 70 million stock quotes per trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. , maintains over six million active investment portfolios and generates over 13 million financial graphs per month for AOL users. An average of 650,000 users access the Quotes & Portfolios area each trading day - with that number growing by an average of 10,000 new users of the area each day. The Channel also offers access to financial information from popular sources such as Business Week, Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. , Bloomberg, Standard & Poor's, Hoover's, Disclosure, Morningstar, Reuters, Investor's Business Daily Investor's Business Daily (IBD) is a national newspaper in the United States, published Monday through Friday, that covers international business, finance, and the global economy. Founded in 1984 by William O'Neil, its headquarters are in Los Angeles, California. , The Motley Fool and Sage. The Personal Finance Channel enables members to do their taxes, research and trade stocks and mutual funds, conduct their online banking, get the most up-to-date business and market news, access detailed financial data and chat with other members about market trends and financial information. America Online, Inc., (NYSE: AOL) based in Dulles, Va., is the world's leader in branded interactive services and content. America Online operates two worldwide Internet online services: AOL, with more than 12 million members; and CompuServe, with more than 2 million members. America Online also operates AOL Studios, the world's leading creator of original interactive content. Other branded Internet services operated by America Online include AOL.COM, the world's most accessed Web site from home; AOL Instant Messenger See AIM. , allowing instant communication with all AOL members and Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f using the AOL Instant Messenger product; and AOL NetFind, AOL's comprehensive guide to the Internet. TheStreet.com (www.thestreet.com) is an aggressive online investment and financial news s Located in the heart of the financial dise first investor in Tripod, which has since been sold to Lycos. Dave Kansas is the Editor-In-Chief and Jamie Heller is the Executive Editor. CONTACT: America Online Inc. |
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