# Wednesday, November 07, 2007
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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Dow Jones & Company Inc. (DJ)
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Time Warner Inc. (TWX)
Wednesday, November 07, 2007 5:45:57 PM UTC  #     |  Trackback
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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Google Inc. (GOOG)
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LookSmart Ltd. (LOOK)

Wednesday, November 07, 2007 4:35:58 PM UTC  #     |  Trackback
# Tuesday, November 06, 2007
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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Tuesday, November 06, 2007 10:16:28 PM UTC  #     |  Trackback