Tag Archives: Marketwatch
by Chris Roush
Jonathan Krim, who has been acting editor of Marketwatch.com since the departure of David Callaway last year, has been given the permanent role.
Raju Narisetti, who oversees all of the Dow Jones digital operations, writes in an employee memo:
We are delighted to note that Jonathan Krim is being named Editor of MarketWatch.com.
Since taking over as Acting Editor six months ago, Jonathan has restructured the MarketWatch newsroom to better position resources for speed, for growing the site’s audience through social, mobile and other platforms, and for significantly closer coordination with the Journal’s newsroom and WSJ.com. And under him, there have also been significant talent additions to its journalism ranks in recent weeks.
Even before joining MarketWatch full time, Jonathan had been involved in evolving its strategy to try and become the best place on the ad-supported Web for individual investors to find high-quality insight and advice on how to use news, in addition to getting the news itself in a timely manner. Among other things, Jonathan has spearheaded making MarketWatch the first major news media site to incorporate tracking of social sentiment of stocks in its quotes pages, as another metric investors can use to help make decisions.
MarketWatch also is expanding coverage for those looking to build and protect their nest eggs, including a new Retirement Center that, in just a few months of launch, has become a market leader, with fresh stories, columns and blog posts every day.
Jonathan’s drive for innovation and deep experience as a digital and print journalist makes him perfect for this role. He came to Dow Jones in 2010 as Sr Deputy Managing Editor of wsj.com, having previously served as an Assistant Managing Editor of The Washington Post’s digital newsroom and prior to that, a technology-policy reporter for the Washington Post. Before that, he was the Executive Editor of TheStreet.com, and an Assistant Managing Editor for business/technology at the San Jose Mercury News during some of Silicon Valley’s formative years. His tenure in San Jose was marked by two Pulitzer Prize-winning projects that he directed.
Please join me in congratulating Jonathan.
by Chris Roush
Andrew Littell, who in 2000 helped the Financial Times and MarketWatch.com start a business-news website, has died. He was 44.
Laurence Arnold of Bloomberg News writes, “In 2000, as head of corporate finance for the Financial Times Group Ltd., Littell helped create Financial Times MarketWatch.com Ltd., a joint venture with MarketWatch.com that established a real-time news and commentary website for European investors, FTMarketWatch.com.
“‘Andrew was a rising star with a bright future,’ Larry Kramer, publisher of USA Today in McLean, Virginia, said yesterday in an e-mail. Kramer founded U.S.-based MarketWatch in 1997 and was chairman of the joint venture with the Financial Times. ‘Andrew was instrumental in building new and creative advertising models, and we were very impressed with him.’
“Though it succeeded in building readership, FTMarketWatch.com couldn’t survive the drop in advertising when Internet stocks crashed in 2001 and 2002, Kramer said. The website was out of business by the time he sold MarketWatch to Dow Jones & Co. in 2005 for about $530 million.
by Chris Roush
Jonathan Krim, the acting editor of Marketwatch.com, sent out the following staff announcement on Wednesday afternoon:
I am delighted to announce that two WSJ/WSJDN stars are taking new roles at MarketWatch:
Silvia Ascarelli, a longtime Wall Street Journalist, will join us as Senior News Editor. Silvia has deep and varied markets experience, serving as a news editor at the Journal since 2005 and responsible for the team that handles the Money & Investing portion of the Asian and European editions.
Before joining the desk, she was a reporter in London and Frankfurt for 17 years for either the Journal or Dow Jones Newswires, writing about everything from banker behavior on IPOs and stock-exchange deals (that often fell apart) to an earlier European currency crisis. She previously worked for the Jersey Journal in Jersey City and The Times in Hammond, Indiana. Silvia will have several duties in her new role, including managing the MarketWatch homepage for portions of the day and helping to coordinate and edit news and special-projects coverage.
A graduate of the University of Missouri, she took off the summer of 2000 to bicycle 4,345 miles across the U.S., but now mostly settles for biking to the train station.
Jessica Marmor Shaw, currently an editor on the WSJ mobile team, will become Mobile Editor for MarketWatch. Jess joined WSJ.com in 2005 on the night news desk, eventually managing the team for two years. She led the online night news desk through pivotal changes for both online and print, including the transition to Methode publishing, the growth of the paper in the form of Greater New York, Off Duty and Review and the launch of the WSJ iPad app.
In 2011, she brought her experience with news production to the WSJ mobile team, and in the past year helped to expand the design and interactive capabilities of the app, helped to launch the “universal” WSJ iPad/iPhone app, and helmed the mobile 2012 election day effort.
In her new role, Jess will oversee all mobile editorial strategy and execution for MarketWatch, including spearheading the launch of a new universal app this spring. Currently based in San Francisco, she is a graduate of the Columbia University Graduate School of Journalism and Williams College. In her off time, Jess is a fanatic about yoga, particularly the kind where the room is about 392 degrees. Celsius. Or something like that.
Start dates on both are being formalized. Please join me in congratulating Silvia and Jess.
by Chris Roush
There are some interesting business journalism facts in the News Corp. filing Friday with the Securities and Exchange Commission that will split its newspaper and media operations into a separate company.
WSJ.com, which offers both free and premium content, averaged more than 34 million visitors per month on average for the 12 months ended September 30, 2012 according to Adobe Omniture.
Barrons.com had more than 165,000 paid subscribers on average for the 12 months ended September 30, 2012.
MarketWatch.com averaged nearly 14 million visitors per month for the 12 months ended September 30, 2012 according to Adobe Omniture.
Dow Jones Newswires publishes over 19,000 news items in 14 languages each day via terminals and trading platforms reaching hundreds of thousands of financial professionals. This content also reaches millions of individual investors via customer portals and intranets of brokerage and trading firms, as well as digital media publishers.
The full filing can be found here.
by Chris Roush
The ad included all of their names.
by Chris Roush
Featuring news, advice and analysis targeted toward people saving for retirement, those who should be, and those already retired, the section brings together the expertise of MarketWatch’s retirement reporters and columnists, as well as coverage from The Wall Street Journal and SmartMoney.com, two other business news properties that are part of Dow Jones.
“Each day for the next two decades, people will be stepping into a retirement altogether different from that of their parents’ generations,” said Jonathan Krim, acting editor of MarketWatch, which generates nearly 15 million unique visitors per month, in a statement. “The depth of this new section makes it an indispensible resource for people to make smart, thoughtful steps to maximize their resources for the future.”
The new section includes columns from journalists, including Robert Powell’s ‘Retirement Portfolio’ and Andrea Coombes’ ‘Working Retirement;’ an expanded Encore blog, highlighting news and information for retirement savers and retirees; columns from RetireMentors, financial professionals with perspectives on best ways to navigate retirement; and how-to guides on investing, health-care, managing 401(k)s and credit.
by Chris Roush
The Dow Jones & Co. financial news site Marketwatch.com went dark last night and is now back up and running, but experiencing some technical difficulties.
by Chris Roush
Raju Narisetti, the managing editor of WSJ.com who also was put in charge of Marketwatch.com when its editor David Callaway left for USA Today, sent out the following announcement on Monday afternoon:
I am delighted to name Jonathan Krim as acting editor of MarketWatch.com, effective immediately.
Jonathan is already intimately familiar with MarketWatch, having consulted with the team for the past 18 months on various initiatives that have been instrumental in MarketWatch’s recent, significant audience growth.
In this full-time role, Jonathan will be based in New York and lead the MarketWatch news team in achieving some very ambitious, internal journalistic and audience-development goals that we have set for ourselves in recent weeks, all part of a larger business growth plan for MarketWatch, the free Dow Jones markets and investor portal.
MarketWatch’s co-managing editors for newsroom operations, Anne Stanley (San Francisco) and Tim Rostan (Chicago), will report to Jonathan and, along with Jeff Nash, the editor of SmartMoney.com, who is taking on an expanded role as head of personal finance for both sites, form the core Leadership Team at MarketWatch that will work closely with me, and which will include Liesel Kipp, the general manager of MarketWatch.com.
Jonathan, who is currently senior deputy managing editor of WSJ.com, will continue to report to me in his new MarketWatch role, as we seek a tighter collaboration and deeper integration with the Dow Jones Digital Network’s news operations in coming weeks and months.
Jonathan came to Dow Jones in 2010 with deep roots in financial and technology journalism, both of which will serve MarketWatch well. He has previously served as an assistant managing editor of the Washington Post’s digital newsroom; a technology-policy reporter for the Washington Post; the executive editor of TheStreet.com; and an assistant managing editor for business/technology at the San Jose Mercury News during some of Silicon Valley’s formative years. His tenure in San Jose was marked by two Pulitzer Prize-winning projects that he directed.
Please join me in congratulating Jonathan (firstname.lastname@example.org) on his new mission. He will be on the next MarketWatch monthly all-staff call, details of which will be sent out in early September.
by Chris Roush
David Callaway, the editor in chief of Marketwatch.com who is leaving to become the editor of USA Today, writes about the people he has worked with at the financial news site in his goodbye column.
Callaway writes, “Through it all, the MarketWatch team around the world worked urgently to file headlines, break news, supply data and charts, provide instant and long-form analysis, and generate some of the best commentary out there from our stable of columnists. At the same time the very real men and women behind the coverage for all our readers lived their daily lives together. They helped each other through sicknesses and deaths of fathers and mothers, siblings and friends. They lived the excitement of news assignments around the world and built their careers. They found love, and married — sometimes to each other — “and had beautiful children who transformed their lives.
“There was Julie Rannazzisi, our original bond reporter and later New York bureau chief, who tragically passed away in 2004 from cancer at the age of 35. There was Marshall Loeb, the father of modern business journalism and a MarketWatch columnist, who still writes for us at age 83, and who until just a few years ago appeared in print on the web, on TV and on radio every single day. And there is everybody in between who has dedicated their time, their effort and their careers to making MarketWatch the greatest financial news organization the Internet age has ever known.
“Those are the things I’m most proud of. That I’ve been able to make MarketWatch a secure, challenging and exciting part of their careers and lives. And at the same time, been able to share their hopes and dreams, and successes and hardships.”
Read more here.
by Chris Roush
Steven Yount, the president of the union that represents business journalists working at Dow Jones & Co. properties, sent out the following email to the news staff on Wednesday:
Since the first of the year, Dow Jones has laid off 62 of your co-workers (31 of them in the last week of June) and once again senior manaement is telling you “we simply have to do more with less.” That means they get more and you get less.
The company is counting, as always, on your willingness to work for free: stay late or work weekends and never charge the company.
Those days of free labor have to end.
Not everyone is eligible for overtime (most reporters aren’t eligible for overtime, but all are eligible for, at least, comp time) and everyone is eligible for holiday pay and a premium for working on a scheduled day off.
From now on, you have to file for every dime the contract says that the company owes you.
We have to clearly demonstrate that we’re tired of “Doing More With Less” and that there’s No More Free Labor from Dow Jones employees. I promise you that IAPE will aggressively pursue each and every claim.
If you have any problems or questions, let me know or reach out directly to union organizer Tim Martell.