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MarketWatch
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with ''The Wall Street Journal'' and '' Barron's'', it is a subsidiary of Dow Jones & Company, a property of News Corp. History The company was conceived as DBC Online by Data Broadcasting Corp. in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News run by Larry Kramer and with Thom Calandra as editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues. In June 2000, the company formed a ...
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Thom Calandra
Thom Calandra (born June 8, 1956, in Brooklyn, New York (state), New York) is an United States of America, American journalist, stock investor, and the former editor-in-chief and chief commentator for ''CBS MarketWatch'' from 1996 to January 2004, until his investigation by the U.S. Securities and Exchange Commission. Calandra writes for a number of other publications including the revived ''The Calandra Report''. Early life and career Calandra studied English and journalism at the University of Arizona and English literature from City University of New York at Brooklyn College. Calandra was a financial columnist for ''The San Francisco Examiner'' and a London-based editor and columnist for ''Bloomberg News'' in Europe. He was also the online financial editor of ''USA Today, USAToday.com'', and has contributed to a number of other publications. In 1996, he co-founded MarketWatch, formerly known as DBC News, and served as the founding editor-in-chief. He moved to London in April ...
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Dow Jones & Company
Dow Jones & Company, Inc. is an American publishing firm owned by News Corp and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', ''MarketWatch'', ''Mansion Global'', ''Financial News'' and ''Private Equity News''. It formerly published the Dow Jones Industrial Average. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public - this is one of the reasons why Dow Jones & Company is well known for their publications and transferring of important and sometimes difficult to understand financial information to people across the globe. Nevertheless, the three reporters were joined in control of the organization by Thomas F. Woodlock. Dow Jones was acquired in 1902 by Clarence Barron, the leading financial journalist of t ...
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Peter Bale
Bale at the Freedom of Expression Awards in April 2019 Peter Bale (born 15 September 1962) is a New Zealand-born journalist and editor. In August 2017 he was named the launch editor of '' WikiTribune'', a position he held only briefly. Bale previously served as director of the Center for Public Integrity from 2014–2016 after a long career in journalism. He lives in New Zealand. Early life and career Bale was born in Christchurch, New Zealand, and grew up in One Tree Hill. He graduated from Penrose High School and started in journalism at the Auckland ''Western Leader''. In 1981 he joined the ''Wairarapa Times-Age'', followed by three years at the Wellington '' Evening Post'' covering politics.Heine, Conrad (29 September 2011)Peter Bale Interview ''Noted'' In 1985, he took a position with ''Reuters'' in Sydney, and later moved to Europe, Asia, and the Middle East. After 15 years at ''Reuters'', he then went into online journalism as a founder of FTMarketWatch.com and a ...
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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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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 t ...
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News Corp
News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the original News Corporation, it was formed on June 28, 2013, following a spin-off of the media outlets of the original News Corp as 21st Century Fox. Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company (publisher of ''The Wall Street Journal''), News UK (publisher of '' The Sun'' and ''The Times''), News Corp Australia, REA Group (operator of realestate.com.au), Realtor.com, and book publisher HarperCollins. It is one of two companies that succeeded the original News Corporation, alongside 21st Century Fox—which consisted of broadcasting and media properties such as Fox Entertainment Group. The spin-out was structured so that 21st Century Fox was the legal continuation of the original News Corporation, w ...
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David Callaway (journalist)
David Callaway (born 1963) is an American journalist. Early life and education In 1986, he received a bachelor's degree and in 1987 he received a master's degree, both in journalism from the Medill School of Journalism at Northwestern University. Career From October 1987 to January 1994, Calloway was a reporter for the '' Boston Herald'', where he co-wrote a daily financial column on the Financial District, Boston. From January 1994 to March 1999, Callaway was a reporter at Bloomberg News and led a team of financial reporters throughout Europe covering investing as well as the Northern Ireland peace process and the introduction of the Euro. In March 1999, Callaway joined MarketWatch. He held the positions of executive editor and managing editor. He won two Society of American Business Editors and Writers awards for a weekly commentary column he wrote for 12 years. In July 2012, he became editor-in-chief of USA Today ''USA Today'' (stylized in all uppercase) is an American ...
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Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commo ...
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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 t ...
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 202 ...
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Pearson Plc
Pearson plc is a British multinational publishing and education company headquartered in London, England. It was founded as a construction business in the 1840s but switched to publishing in the 1920s. Spender, J. A., ''Weetman Pearson: First Viscount Cowdray'' (London: Cassell and Company Limited, 1930). It is the largest education company and was once the largest book publisher in the world. In 2013 Pearson merged its Penguin Books with German conglomerate Bertelsmann. In 2015, the company announced a change to focus solely on education. Pearson plc owns one of the GCSE examining boards for the UK, Edexcel. Pearson has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange in the form of American depositary receipts. History Construction business: 1844 to the 1920s The company was founded by Samuel Pearson in 1844 as a building and engineering concern operating in Yo ...
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Economics Websites
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and be ...
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