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July 26, 2014

finance

Coming Soon: The Money Honey Show

by Bob Sassone, posted Jul 6th 2007 3:22PM

Maria BartiromoIsn't there a rule where you can't say something about yourself or it automatically makes it untrue? Like if you call yourself "hip" or "cool" then that means you're not hip or cool?

I thought of that when I read this piece (scroll down) about CNBC's Maria Bartiromo. Several years ago people gave her the nickname "Money Honey" because she talked about finance on the network and...well, look at her. It was revealed that Bartiromo herself had trademarked the "Money Honey" phrase last year, and now Hamptons mag tells us why. She's starting her own show titled Money Honey.

How is she going to be able to say "Hello and welcome to Money Honey" with a straight face? Will she wear bikinis and evening gowns for various stock segments? Will there be Money Honey Dancers to entertain viewers?

[via TV Newser]

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TiVo reports first ever quarterly profit

by Brad Linder, posted May 30th 2007 6:45PM
TiVoTiVo today reported $835,000 income for the first quarter of 2007, showing he first profit in the company's history. That amounts to about $.01 per share, which is better than the $.02 per share loss many analysts had been predicting.

The company has fewer subscribers than it had during the same period last year. But service and hardware revenues rose while technology revenues fell. At the same time, the company's administrative expenses dropped nearly $4 million from last quarter.

While TiVo faces stiff competition from cable and satellite companies deploying their own personal video recorders, the company has managed to hang on to market share, both by partnering with cable providers and by continuing to offer new services like Universal Swivel Search.


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Trying to make CNBC more hip

by Bob Sassone, posted Jul 4th 2006 12:45PM

CNBC logoThere was about a year and a half when I was completely addicted to CNBC. It was the mid to late 90s, around 97 or 98, when I was starting to write more online and became fascinated by how technology was driving the economy and stock market to new heights. I remember having CNBC on all day along (along with CNN and MSNBC), and I loved seeing all the numbers fly by the bottom of the screen. Sure, I had no idea what any of it meant, but CNBC also had a lighter, pop culture bent to it that made it entertaining. I watched Power Lunch every afternoon, I waited for interviews with the CEOs of companies I was intererested in (like Steve Jobs from Apple - that was a big comeback story), and I even got to know the anchors and reporters (oh, Maria Bartiromo!).

Then the bubble burst and people didn't really enjoy watching CNBC anymore. And now it's really a shadow of what it used to be. But now two guys are trying to make it good again. Ex-Today producer Jonathan Wald and ex-60 Minutes producer Josh Howard have been brought on to pump new life into the business network. The duo plans more documentaries, as well as other big changes for the network.

What do you think needs to be done to CNBC to make it better? 

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Hey kids! It's Warren Buffett!

by Anna Johns, posted Feb 9th 2006 8:53AM
warren buffett cartoonBillionaire investor Warren Buffett has some financial advice... for kids. He is going to provide the voice for a kids' cartoon series that provides basic lessons about finances and economics. Thirteen episodes of the cartoon, called The Secret Millionaire's Club, are already in production. The premise of the show is about a group of kids in Omaha who find a box of sports memorabilia that turns out to be very valuable. After making millions on the sale, the kids each become secret millionaires, investing their money based on advice from Warren Buffet. The company behind the project is DIC Entertainment and they're not sure yet if the cartoons will go directly to DVD or if someone will actually want to air them on television.

I'm not sure what age of kids these cartoons are supposed to target. One of the creators said it's important for kids to understand basic finance so, when they graduate high school, they don't make the mistake of getting a bunch of pre-approved credit cards. I agree. But, do kids watch this kind of stuff? Really?

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