Sep. 3, 2009 (Business Wire) -- TheStreet.com Ratings, the financial safety and investment ratings division of TheStreet.com, Inc. (NASDAQ: TSCM; http://www.thestreet.com), received the “Director’s Choice Award” as part of BNY Convergex’s Jaywalk Independent Research Provider Performance Award Program.
The Director’s Choice Award recognizes TheStreet.com Ratings division's excellence in business strategy and "new initiatives to increase the scope of its offerings to the demanding institutional investor community" in the first half of 2009.
“We are very excited to receive this award from Jaywalk,” said Donald Lucek, Director of Research for TheStreet.com Ratings. “Over the past year we have significantly sharpened our focus on serving individual and professional investors and we’re delighted that Jaywalk’s survey respondents have recognized our efforts.”
TheStreet.com Ratings is a completely independent research provider that does not accept compensation from the companies it rates or give the companies an opportunity to preview the ratings or suppress publication if unfavorable. It offers a complete line of products designed to enable both consumers and business professionals to evaluate the safety of various investment and insurance options to avoid unnecessary risks. Every quarter, TheStreet.com Ratings evaluates the financial strength of more than 13,000 institutions, including life, health, and annuity insurers, property and casualty insurers, HMOs, Blue Cross Blue Shield plans, banks, and savings and loans. In addition, it tracks the risk-adjusted performance of over 16,000 mutual funds and more than 5,000 stocks.
This is the second Independent Research Provider Performance Award TheStreet.com Ratings has received; in April 2009, the Company received “Best Stock Selection” for the period October 2007 through February 2009 from BNY Convergex Jaywalk.
About TheStreet.com
TheStreet.com is a leading digital financial media company. The Company’s network includes the following properties: TheStreet.com, RealMoney.com, Stockpickr.com, BankingMyWay.com, MainStreet.com, Rate-Watch.com and Promotions.com. For more information and to get stock quotes and business news, visit http://www.thestreet.com.
