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BUSINESS
June 30, 1999 | Times Wire Services
CBS MarketWatch.com has signed up veteran business journalist Marshall Loeb as a daily columnist, luring him away from the post of editor of the Columbia Journalism Review. It was the latest coup for up-and-coming Web sites that have been recruiting prominent members of the journalistic community. This month, Lou Dobbs resigned as CNN's top business news executive to work at a Web site focusing on outer space, and former Newsweek Business Editor Mark Vamos is moving to SmartMoney.com.
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BUSINESS
June 30, 1999 | Times Wire Services
CBS MarketWatch.com has signed up veteran business journalist Marshall Loeb as a daily columnist, luring him away from the post of editor of the Columbia Journalism Review. It was the latest coup for up-and-coming Web sites that have been recruiting prominent members of the journalistic community. This month, Lou Dobbs resigned as CNN's top business news executive to work at a Web site focusing on outer space, and former Newsweek Business Editor Mark Vamos is moving to SmartMoney.com.
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BUSINESS
April 5, 2001
* Separately, Viacom Inc.'s CBS News said it eliminated some jobs at its CBSNews.com Web site to reduce costs. A CBS News spokeswoman declined to say how many jobs were cut. Citing unidentified sources, CBS.Marketwatch.com put the number at about 20.
BUSINESS
October 14, 1998 | Bloomberg News
MarketWatch.com Inc., which operates a financial information site on the World Wide Web--http://cbs.marketwatch.com--filed for an initial stock offering that could raise as much as $34.5 million. The San Francisco-based company was formed in 1997 by CBS Broadcasting Inc. and Data Broadcasting Corp. The Web site is aimed largely at individual investors, offering information such as stock quotes, market news, chat rooms and columns. With the Securities and Exchange Commission filing, MarketWatch.
BUSINESS
April 26, 2000 | From Associated Press
CBS Corp. on Tuesday reported big gains in revenue and operating profit for its first quarter but still posted a net loss because of $75 million in expenses related to developing its Internet operations. CBS, which is being acquired by Viacom Inc., had a net loss of $38 million, or 5 cents a share, beating analyst expectations of a loss of 7 cents per share, as reported by First Call/Thomson Financial.
BUSINESS
February 24, 2002 | KATHY M. KRISTOF, TIMES STAFF WRITER
Using the Internet to get advice on managing your personal finances can be convenient, cost-effective--and confusing. That's what Bruce Glasscock, a 45-year-old Modesto pharmacist, discovered when he signed up for three Web-based services that offer financial planning advice: Morningstar, Financial Engines and the Motley Fool.
BUSINESS
July 20, 1999 | WALTER HAMILTON
As an investment tool, the Internet is giving individuals access to truckloads of data that were recently off-limits to them. And nowhere is that more apparent than during quarterly earnings-report season, which is in full swing this week. Thanks to the Net, small investors have access to many companies' earnings data immediately upon release. They also can track Wall Street profit estimates in advance of reports, listen to conference calls with analysts and tap into so-called whisper numbers.
BUSINESS
October 29, 1999 | From Bloomberg News
Hilton Hotels Corp. said Thursday that its third-quarter profit rose 2.4% and cash flow increased as the fifth-largest U.S. hotel company benefited from higher occupancy rates and recent acquisitions. Beverly Hills-based Hilton said diluted earnings--excluding charges associated primarily with the opening of a new hotel at Boston's Logan Airport--climbed to 17 cents, compared with 15 cents in the third quarter of 1998.
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