Business Services Industry
TheStreet.com Selects CCBN to Provide Corporate Earnings Call Content to Individual Investors
Business Wire, May 2, 2001
Business/Technology Editors
BOSTON--(BUSINESS WIRE)--May 2, 2001
Provides Users with Access to Earnings Calendar and Conference
Call Webcasts from the Industry Leader in Direct-from-the-Source
Investor Information
CCBN (www.ccbn.com), a leading provider of Internet-based shareholder communications services, today announced a content agreement that provides TheStreet.com (Nasdaq:TSCM ) users with access to CCBN's corporate event calendar and extensive library of corporate earnings conference calls. TheStreet.com, a leading multimedia provider of financial commentary, analysis, and news, went live with the content this month.
CCBN populates TheStreet.com event calendar with information sourced directly from more than 6,000 public companies. Content includes the expected dates of earnings releases, consensus estimates, and audio of conference call webcasts. Investors can access the earnings release information at www.thestreet.com.
"TheStreet.com's mission is to provide high-quality analysis, commentary, and tools to help investors make more informed investing decisions," said James Lonergan, Chief Operating Officer of TheStreet.com. "Partnering with CCBN to offer comprehensive earnings release data on thousands of public companies ensures that our readers have timely access to critical financial information."
This agreement comes at a time when the rapidly growing population of online investors is demanding more timely information on which to make investment decisions - and when the SEC is requiring public companies to disclose material information to all investors simultaneously. CCBN now has Web syndication relationships with over 20 investor sites, providing individuals with access to straight-from-the-company information while simultaneously helping public companies gain exposure to individual investors and comply with Regulation FD requirements.
"Many companies we work with are becoming more pro-active about getting their information in front of individual investors," said Jeff Parker, CEO and co-founder of CCBN. "Providing our content to readers of TheStreet.com - one of the most popular investing sites on the Web - allows our corporate clients to reach a targeted audience of active on-line investors."
Parker continued: "Just as importantly, providing our content to TheStreet.com users contributes to our goal of fostering full disclosure of corporate information to all investors."
About CCBN
Co-founded in 1997 by Jeffrey P. Parker, creator of First Call, and Robert Adler, CCBN is a global leader in enabling direct communications between public companies and the investment community over the Internet. CCBN builds, manages and hosts the investor relations sections of Web sites for more than 2,500 public companies, providing detailed shareholder information through interactive, multi-media solutions. In addition, CCBN hosts live and archived quarterly conference calls for more than 3,000 corporations each quarter. Through its StreetEvents institutional event management database, (http://www.streetevents.com) and partnerships with leading retail financial portals, CCBN has created a revolutionary investor distribution network that delivers an unprecedented body of direct corporate information to the largest collective audience of institutional and individual investors in cyberspace. Headquartered in Boston, Mass., CCBN has additional offices in San Francisco and London.
About The Street.com
TheStreet.com, Inc. (Nasdaq:TSCM) is a leading multimedia provider of original, timely, insightful and trustworthy financial commentary, analysis and news. TheStreet.com brand is built on our best-in-class editorial team of experienced financial commentators and journalists. On the Internet, our free, advertising-supported web site, TheStreet.com, is accompanied by our subscription-based site, RealMoney.com. In addition, our content is also available across diverse product offerings, including print media, radio, books and conferences, and our strategic relationships with leading media, technology and financial services companies further assist us in leveraging our content and products.
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