 | |
Type of site | Financial Information |
|---|---|
| Headquarters | New York City |
| Owner | Dow Jones & Company |
| Editor | Mark DeCambre [1] |
| URL | www |
| Launched | October 30, 1997 |
| Current status | Online |
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with The Wall Street Journal and Barron's.
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4] Thom Calandra was its first editor-in-chief. [5]
In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. [6] 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. [2] In June 2000, the company formed a joint venture with the Financial Times [7] with Peter Bale as managing editor. [8]
In January 2004, Calandra resigned amidst allegations of insider trading. [5] In January 2005, Dow Jones & Company acquired the company for $528 million, or $18 per share. [9]
In May 2016, MarketWatch hired Dan Shar as general manager. [10] In October 2020, MarketWatch announced that it would become a paywalled subscription-based publication, in order to "raise the ambitions of our journalism". [11] Mark DeCambre was named editor in chief on March 21, 2022. [12]
Dow Jones & Company, Inc. is an American publishing firm owned by News Corp and led by CEO Almar Latour.
The original incarnation of News Corporation was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue. It had become a media powerhouse since its inception, dominating the news, television, film, and print industries.
Vedomosti is a Russian-language business daily newspaper published in Moscow.
Factiva is a business information and research tool owned by Dow Jones & Company. Factiva aggregates content from both licensed and free sources. Providing organizations with search, alerting, dissemination, and other information management capabilities. Factiva products claim to provide access to more than 32,000 sources such as newspapers, journals, magazines, television and radio transcripts, photos, etc. These are sourced from nearly every country in the world in 28 languages, including more than 600 continuously updated newswires.
Callaway, legally Topgolf Callaway Brands Corp., is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as bags, gloves, and caps. The company also produces clothing through its subsidiary "Callaway Apparel,” and golf shoes, through its "Cuater" subsidiary. In 2021, the company purchased Topgolf, and thus also operates a chain of golf-related amusement and events centers.
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. TheStreet was founded by Marty Peretz and Jim Cramer, and the site boasts numerous notable former contributors, including Aaron Task, Herb Greenberg, and Brett Arends.
Bloomberg News is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief.
The Standard-Times, based in New Bedford, Massachusetts, is the largest of three daily newspapers covering the South Coast of Massachusetts, along with The Herald News of Fall River and Taunton Daily Gazette of Taunton, Massachusetts.
CNHI, LLC is an American publisher of newspapers and advertising-related publications throughout the United States. The company was formed in 1997 by Ralph Martin, and is based in Montgomery, Alabama. The company is financed by, and is a subsidiary of, the Retirement Systems of Alabama (RSA).
Louis Gordon Crovitz is an American media executive and advisor to media and technology companies. He is a former publisher of The Wall Street Journal who also served as executive vice-president of Dow Jones and launched the company's Consumer Media Group, which under his leadership integrated the global print, online, digital, TV and other editions of The Wall Street Journal, MarketWatch.com and Barron's across news, advertising, marketing and other functions. He stepped down from those positions in December 2007, when News Corp. completed its acquisition of Dow Jones. He writes a weekly column in The Wall Street Journal, titled "Information Age."
Sir William John Lewis is a British media executive who serves as the publisher and chief executive officer of The Washington Post. He was formerly chief executive of Dow Jones & Company and publisher of The Wall Street Journal. Earlier in his career, he was known as a journalist and then editor.
Derek Reisfield is an American media executive. He was the founder and chairman of MarketWatch, a leading financial news and information site and one of the most successful content start ups of the Internet Boom. The company was sold to Dow Jones for more than $500 million. Reisfield was also a founder and principal of i-hatch Ventures, a leading New York City based venture capital company.
Thom Calandra is an 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.
S&P Dow Jones Indices LLC is a joint venture between S&P Global, the CME Group, and News Corp that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investable products, such as exchange-traded funds (ETFs), mutual funds, and structured products. The company currently has employees in 15 cities worldwide, including New York, London, Frankfurt, Singapore, Hong Kong, Sydney, Beijing, and Dubai.
Stockpoint was a provider of online financial information through its websites InvestorsEdge.com and Stockpoint.com. The company also supplied SaaS capabilities which powered market data features for over 200 other websites such as Barclays Global Investors and Piper Jaffray, the San Francisco Chronicle and Wired News.
Marc Frons is the former chief technology officer of News Corp. He was named to the role in May 2017 after serving in an interim capacity since October 2016. Prior to that, he was SVP, deputy head of technology, and global head of mobile platform at the company. Frons was previously chief information officer of The New York Times and former head of both NYTimes.com Digital Technology and The Times's corporate systems and technology. From July 2006 to March 2012, Frons served as the chief technology officer of the New York Times. Since 2006, he has overseen technology and product development at NYTimes.com while continuing to be involved in broader digital strategy initiatives at the company. Before he joined The Times, Frons was the chief technology officer for The Wall Street Journal Online and other Dow Jones consumer Web sites. He is credited for the development of Map of the Market, an innovative financial data visualization interface for smartmoney.com and more recently the latest advancements in the customization algorithms that introduce readers to content based on their archived readings as well as the influx of interactivity within a media-rich foundation of NYTimes.com.
Guardian Australia is the Australian website of the British global online and print newspaper, The Guardian.
Lawrence Stephen Kramer is an American journalist, entrepreneur, and corporate executive based in New York City, USA.
