FOR IMMEDIATE RELEASE
TheStreet.com Unveils New Suite of Investment Research Tools
Subscribers Can Access Free Real-Time Quotes, Financial Data, and Research from Providers Including Market Guide, Thomson Financial Interactive, and IPO Monitor
Multex.com to Offer Brokerage Research Reports
NEW YORK, May 24, 1999
- TheStreet.com, Inc. (
TSCM:Nasdaq) announced today that the robust package of investment research tools available at
is growing dramatically with the addition of new financial data and analysis resources from industry-leading providers, including Market Guide, Thomson Financial Interactive, IPO Monitor, and Multex.com.
The new tools added to
, a leading online financial and investment news publication, include analyst estimates, company profiles, detailed financial statements, IPO information, real-time stock quotes, near-term options quotes, and more. The data are available free to
subscribers and free-trial members.
Subscribers can determine the outlook for a company with First Call consensus brokerage recommendations and earnings estimates from Thomson Financial Interactive. Prospective IPO investors can research upcoming offerings with new-issue profiles, a calendar of upcoming IPOs, and tracking of aftermarket performance, all from IPO Monitor. Market Guide provides
subscribers with company profiles, along with tracking of insider and institutional trades, data on short-selling, and a full range of detailed financial statements in an easy-to-follow format.
TheStreet.com, Inc. also announced an agreement with Multex.com (
MLTX:Nasdaq), a leading source for commingled brokerage research, to offer full-text commingled brokerage research reports from the Multex Investor Network for purchase through
. Subscribers to
will be able to choose reports from analysts at well-known brokerage firms, including Prudential Securities, Hambrecht & Quist, BT Alex. Brown, and BancBoston Robertson Stephens.
built its reputation by providing top-quality financial news and commentary, and now our portfolio of data and tools is top-rate," said Kevin English, Chairman of the Board and Chief Executive Officer of TheStreet.com, Inc. "With these important new additions to our suite of investment tools, we meet our readers' demands for investment news and information at one comprehensive site."
TSCM:Nasdaq) is publisher of
, a leading Web-based provider of original, timely, comprehensive, and trustworthy financial news and commentary.
www.thestreet.com) was founded in 1996 and is based in New York City, with bureaus in San Francisco and London.
editorial team, with over 50 experienced financial journalists and two dozen outside contributors, publishes approximately 40 original news stories and commentaries every business day, including columns by James J. Cramer, Herb Greenberg and Adam Lashinsky. TheStreet.com, Inc. has established strategic alliances with Yahoo!, America Online, The New York Times Co., Fox News Network L.L.C., Intuit, 3Com, E*TRADE, DLJdirect, and other leading companies.
www.ipomonitor.com), based in Los Angeles, is an Internet service that provides comprehensive information on the new issue market. Included are data on new filings, pending initial public offerings, predictions of which companies might issue securities, new pricing data and aftermarket performance. In addition to analysis and commentary, IPO Monitor maintains a separate web page for each company in its database with company contact information, industry classification, and detailed data about the underwriter and offering.
Thomson Financial Interactive's
flagship product, Thomson Investors Network (
www.thomsoninvest.net), was named as one of the world's top financial Web sites in "Investing Online: Dealing in Global Markets on the Internet" and was honored with a four-star rating from the American Association of Individual Investors. Thomson Real Time Quotes was named the Best Money Site on the Web by NetGuide. Thomson Financial Interactive has established strategic relationships with Time Inc., New Media, AT&T WorldNet Service, MediaOne, CompuServe, TheStreet.com, theGlobe.com, Cox Interactive Media, Netscape Netcenter, and all of the top online brokerages.
Thomson Financial is a US$1 billion provider of information services and work solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (TTC), one of the world's leading information companies. TTC, with annual revenues of more than US $6 billion, has interests in specialized information and newspaper publishing. TTC's common shares are traded on the Toronto, Montreal and London stock exchanges. For more information, visit
Market Guide Inc.
, the benchmark for quality financial information, is the leader in providing the broadest coverage of professional grade financial data over the Internet. Market Guide supplies more professional Web sites with quality investment data than any other database and software company. Market Guide specializes in the compilation, integration, display and delivery of a superior quality database of descriptive and analytic information on over 12,000 publicly traded domestic and foreign corporations. Well known to professional investors for 15 years, the company distributes its services through more than 100 on-line vendors and independent finance oriented Web sites as well as through its own Web site - The Market Guide Investment Center (
www.multex.com) is a leading provider of online investment research and information services designed to meet the needs of individual and institutional investors, including investment banks, brokerage firms and corporations. Multex.com's services enable timely online access to over 1.2 million research reports and other investment information on over 20,000 companies published by more than 500 investment banks, brokerage firms and third-party research providers worldwide. More than 900,000 individual investors, institutional investors and financial professionals, including mutual fund managers, portfolio managers, brokers and their clients have access to Multex.com's services. For the individual investor market, Multex.com has recently launched the Multex Investor Network (
http://www.multexinvestor.com), an Internet service targeting the rapidly growing online individual investor market.
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