TheStreet.com (NDAQ:TSCM) announced record traffic of over 6 million unique visitors to its recently-redesigned website each month. The company is benefiting from its acquisition of Corsis and other acquisitions that it has made recently in the financial sector. TheStreet.com reported record revenue of $16.1 million for the quarter - a 24% increase over the same time last year.

"We had a record quarter where our total revenue grew 24% from the same period last year," said Thomas J. Clarke Jr., chairman and chief executive officer of TheStreet.com. "With our recent acquisitions and the many other initiatives we have undertaken, TheStreet.com has dramatically altered and broadened the landscape of opportunities for the Company. I look forward to cohesively and profitably integrating these opportunities as we strive toward becoming the premier online destination for money."

TheStreet.com's acquisition of Corsis, a leading provider of custom solutions for advertisers, enabled it to shift into higher-margin advertising. The acquisition included the internet property Promotions.com, which is known for working with some of the largest brands in the world. The company's subsidiary, StockPickr, also become the first financial social networking website to surpass 100,000 user-generated portfolios.

These acquisitions, combined with a series of new partnerships, has propelled TheStreet.com's earnings and future outlook as it diversifies its revenue base and expands into other markets. All in all, TheStreet.com is definitely a high-growth stock that is worth watching!

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Yahoo Inc. (NDAQ:YHOO) has taken a lot of heat from shareholders lately, but it got a break today with the stellar performance of Alibaba.com in which it owns a 40 percent stake. The recent initial offering of Alibaba.com has propelled Yahoo's stake to a valuate of $7.8 billion - or about 20 percent of Yahoo's current market capitalization! Shareholders are banking on growth in these foreign markets to drive Yahoo's earnings in the future.

Yahoo shares are sharply off of their recent 52-week highs, however, as many believe the good news is already priced into the stock. Many are also concerned that the stake may really not be worth that much to Yahoo shareholders since it cannot be easily sold at market value. More, the Chinese stock markets appear to be overextended and will likely face a retracement over the coming years.

Yahoo has faced a lot of criticism from shareholders lately. Many are concerned about their struggle to keep ahead of Google along with their failure to land a stake in Facebook. Many more are outraged that the company turned over information to the Chinese authorities that led to the arrest of a journalist - an event that the company must now explain in front of a congressional committee. Meanwhile, the stock has remained somewhat stagnant before these developments.

Yahoo is banking on its involvement in foreign markets to boost its share price in the future. The company has a significant presence in China now with Alibaba.com and may have plans to expand with other acquisitions. Since the Chinese web marketplace is not as established as in the United States, these companies can be acquired on the cheap. Yahoo also has stakes in other countries like Japan where it owns an auction site that ousted eBay.

Whether or not this new strategy pays off remains to be seen, but many believe the move overseas is a good one because the anticipated growth rates - especially in China - are far greater than those domestically. Combined, these factors make YHOO a stock worth watching!

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Beazer Homes USA Inc. (NYSE:BZH) may face some opposition soon after CtW Investment Group - a large union affiliate - called for the head of CEO Ian McCarthy after a series of problems with the company. Shareholders are hoping that this type of change can help unlock value in the company and take it out of its current streak of bad luck and mismanagement.

"Taken together, the combination of improper practices, compliance failures and poor corporate governance detailed above constitute a stinging indictment of Beazer’s leadership in general and of Mr. McCarthy in particular," said CtW in a letter to the board. "By swiftly replacing Mr. McCarthy with a qualified CEO and naming an independent director to assume Mr. Beazer’s role as chairman, the board can begin to restore the credibility Beazer desperately needs."

Beazer's stock is down nearly 80% so far this year with cancellations reaching an astounding 68% last quarter. Clearly, there are issues that need to be addressed immediately with this company. CtW proposed that hte company (1) replace CEO McCarthy, (2) name an independent board chairman, and (3) establish a legal and regulatory compliance committee to prevent future problems.

Notably, the company failed to respond to the hedge fund's first letter in early September. However, the hedge fund is continuing to press on with its demands by making them public. Shares in the company were up over 10% on news of these new demands. If changes do take place, BZH could quickly become a stock to watch!

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Capstone Turbine Corporation (NDAQ:CPST) shares rallied nearly four percent today after Lazard analyst Sanjay Shrestha initiated coverage with a $2.50 price target. The analyst noted that the company is making a turnaround and represents a great way to invest in the anticipated growth of the distributed generation market. Shareholders are clearly betting on the same conclusion that the company's turnaround will lead to substantially improved operating results in the future.

Some investors are concerned that top and bottom line growth in the company has been slowing down considerably in the short-term. Compared to fully year results published three years before, the company's annual revenue grew 66.7% durings its fiscal year while year to year quarterly sales decreased 14.5% in its most recent quarterly report. Similarly, the company's most recent full year loss was reduced by 23.1%; however, the most recent quarterly loss showed an increase of 11.5%.

Sanjay insists, however, that the company is in the process of a turnaround that should start yielding significant results going through 2012. "Our 2.50 price target reflects a 25x multiple on our 2012 EPS estimate of $0.20 discounted back at 25% for three years. We believe it is important to look at a 2012 earnings scenario given the company's growth trajectory and market penetration." So, it comes down to a question of the company's future earnings - is the company really on track to turn itself around?

The distributed generation market definitely seems to be growing as an alternative energy source. DG works be generating electricity from many small energy sources in a process that results in low maintenance, low pollution and high efficiencies. The problem is that they can occasionally have high costs; however, as we know, there are several markets that are willing to pay. Alternative energy sources are only going to grow in popularity as oil prices increase. Combined, these factors make CPST a stock worth watching!

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IAC/InterActiveCorp (NDAQ:IACI) shares rallied over six percent today after the diversified internet company announced that it would split up into five separate entities. Shareholders are hoping that the move will enable them to better capitalize on web media and services. The deal also included a deal with Google to provide sponsored search listings, which is expected to yield in excess of $3.5 billion in advertising revenue for the company.

The new IAC, led by Barry Diller, will be comprised of Ask.com, Citysearch, CursorMania, IAC Advertising Solutions, Evite, Excite, InsiderPages, iWon, My Fun Cards, My Way, Popular Screensavers, Smiley Central, Webfetti, Zwinky, Match.com, ServiceMagic, Shoebuy.com, Entertainment Publications, Reserve America, Black Web Enterprises, BustedTees, CollegeHumor, GarageGames, Gifts.com, Green.com, InstantAction, Primal Ventures, Pronto, Very Short List, Vimeo , and 23/6 along with its investments in Active.com, Brightcove, FiLife, Medem, MerchantCircle, OpenTable, Points.com and SHOP Channel.

The four new operations will include HSN for retailing, Ticketmaster, Interval International and LendingTree. Upon completion of the transaction, IAC's shareholders will own 100% of the equity in all five companies in a transaction that is expected to be tax-free. Shareholders are hoping that this transaction will help unlock value in the company that has been somewhat depressed despite its strong holdings of internet properties. This makes IACI a stock worth watching!

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Entergy Corporation (NYSE:ETR) shares rose four percent today after the company announced that it would be spinning off its non-utility nuclear business from its regulated utility business through a tax-free spin off. Shareholders are hoping that the spin off will provide them with an opportunity to profit in an increasingly difficult marketplace.

The new spin off is expected to consist of the non-utility nuclear assets, including the Pilgrim Nuclear Station, the James A. FitzPatrick plant, Indian Point Energy Center, the Palisades plan, and the Vermont Yankee plant along with a power marketing operation. The new company would be 50 percent owned by Entergy and would generate about 5,000 megawatts in a market that has some of the highest energy prices in the USA.

Interestingly, the new spin off is expected to have $4.5 billion in debt, which Fitch considered too high to give it an investment grade level rating. This means that the new company could have trouble raising money through debt offerings and may have to resort to more-costly equity if it needs funding at any point. However, the parent company will definitely have a large burden off its shoulders, which has many shareholders excited.

The parent company also noted that shareholders should expect a share buyback plan as soon as the deal is completed. Combined, this news has many shareholders excited as shares continue to rally this afternoon. This makes ETR a stock worth watching!

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American International Group Inc. (NYSE:AIG) is facing increased pressure from Hank Greenberg to unlock value for shareholders. The former CEO said late last week that he was considering and evaluating strategic alternatives designed to lead to the maximization of their investment in the company. Shares in the company jumped almost three percent today while options volatility soared on the news.

Greenberg said that he believes there are opportunities to significantly improve the company's performance and strategic direction, as well as the value of their investment. In this connection, he anticipates holding discussions with stockholders and third parties that may address a number of issues.
 
These discussions include without limitation, their respective views on the company's business and prospects, the suggested disposition of certain of its operations, investment opportunities and concerns over the direction and management of the company generally, and other opportunities to improve or realize on the value of their investment in the company.

Many investors are concerned that the insurance company will face a writedown related to subprime assets; however, the bad news is likely already priced into the stock. This move by Greenberg should help AIG in the long run by refocusing management on ways in which shareholder value can be maximized. Combined, these factors make AIG a stock worth watching!

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Steven Madden Inc. (NDAQ:SHOO) caught the attention of at least one activist investor today after the company announced that it was setting up a strategic review committee and hinted that a sale to a strategic or financial buyer may be in the best interest of the company. The Clinton Group disclosed an increased stake and reiterated that a leveraged stock repurchase would help improve the efficiency of the company's capital structure and create immediate value for shareholders while it explored the possibilities of a sale.

"We would support a sale of the company if the acquisition price reflected Steve Madden’s promising, long-term business prospects," wrote the Clinton Group in a letter to the board. "We think there are potentially multiple buyers who would be interested in the company. Steve Madden may be a logical target for a strategic buyer interested in diversifying its footwear portfolio, or a financial buyer who could steward growth in a flexible, private context."

The Clinton Group was also quick to note that they look forward to working constructively with the board and strategic review committee in order to facilitate this process. The activist hedge fund did not want to make this appear as if it were a hostile campaign at all. Clearly, this is also good news for other shareholders who stand to gain if the company announces a transaction. This makes SHOO a stock worth watching!

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Merrill Lynch & Co. (NYSE:MER) may face heavy fines and prosecution from regulatory authorities after reports surfaced that the firm may have been hiding its losses from investors through a series of transactions resembling the network of lies at Enron. Sources say that Merrill may have hidden its exposure to risky mortgage-backed securities by selling commercial papers through related entities that it agreed to repurchase in a year at a premium.

One of the deals being discussed was a $1 billion commerical paper sale by a Merrill-related entity containing mortgages. The hedge fund who purchased the papers had the right to sell back the paper to Merrill after one year for a guaranteed minimum return. Since the liabilities were never transferred, this transaction should have been reported to shareholders who could then account for them on Merrill's books. But instead, they were hidden for a year.

The issues never came to light until now after Merrill was forced to take a $7.9 billion write-down fueled by mortgage-related issues. Some are projecting that next quarter the firm will be forced to write-down $4 billion more in the fourth quarter after a combined $8.4 billion loss this quarter. Merrill still appears to be making its rounds with hedge funds, however, in an effort to reduce their exposure. But presumably, they will be a little more careful now as regulators begin to take a look into their activities.

In the end, Merrill is in a world of hurt that could get worse if regulators find that the firm took illegal actions to hide its risky mortgage exposure from shareholders and investors. The firm is not likely to close as a result of these allegations, but shares could see even more downside pressure. Combined, these factors make MER a stock worth watching!

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Sprint Nextel (NYSE:S) is reportedly considering a spin-off of its WiMax business amid declining profits and subscribers in its core business. There is speculation that Sprint may be looking to acquire WiMax-partner Clearwire (NDAQ:CLWR) and spin-off the two companies to satisfy investors who are skeptical of WiMax and looking for a separation.

Many technologists love WiMax but the project continues to be seen as a massive cash bonfire on Wall Street. Sprint previously announced that it is committed to spend nearly $5 billion over the next three years to complete the wireless network that is expected to have the same coverage area as standard cell phones. Clearwire is also expected to contribute roughly the same amount to finish its national footprint.

However, there are those that are betting on WiMax becoming the new global standard for wireless. Clearwire has an impressive list of large investors, including Intel and Motorola, who have a great deal to lose if the project gets slowed down. A combination of Sprint and Clearwire would not only result in substantial capital savings from synergies but also likely enable financial support from the companies that have a stake in WiMax's success.

In the end, the WiMax spin-off would satisfy Sprint investors who are skeptical but allow investors who are bullish on the new technology to make a pure-play bet on it. Meanwhile, a combination with Clearwire would provide the spin-off with much greater stability and make additional funding from strategic players much easier. Combined, these factors make S a stock worth watching!

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