| Revision as of 13:42, 27 July 2007 editPiperdown (talk | contribs)1,821 editsm →External links← Previous edit | Latest revision as of 17:29, 23 December 2023 edit undoBuffaloBob (talk | contribs)Extended confirmed users, Rollbackers6,651 edits add link to musician of a similar name | ||
| (154 intermediate revisions by 79 users not shown) | |||
| Line 1: | Line 1: | ||
| {{About|The American journalist|the musician|Tommy Calandra}} | |||
| '''Thom Calandra''' is an American journalist and novelist. He was the founding editor and chief columnist for ] until 2004. The TJFR Group named Calandra one of the top 100 financial journalists in the United States. <ref> {{cite web|url=http://www.marketwatch.com/support/executives.asp?&siteid=mktw | |||
| {{Infobox person | |||
| |title=Executives|author=CBS Marketwatch}}</ref> | |||
| | name = Thom Calandra | |||
| | image = | |||
| | caption = | |||
| | birth_name = | |||
| | birth_date = {{birth date and age|mf=yes|1956|6|8}} | |||
| | birth_place = ], ], United States | |||
| | death_date = | |||
| | death_place = | |||
| | occupation = ], ] | |||
| | spouse = Maura Thurman<ref name="SBC">{{cite web|url=http://www.silverbearcafe.com/private/calandra.html|title=Thom Calandra|website=silverbearcafe.com|accessdate=2015-07-05}}</ref><ref>{{cite web|url=http://www.stockhouse.com/opinion/independent-reports/2014/03/07/the-calandra-report-everything-s-coming-up-stellar|title=The Calandra Report: Everything's coming up Stellar|date=March 7, 2014|author=Thom Calandra|website=stockhouse.com|accessdate=2015-07-05}}</ref> | |||
| | children = 2<ref name="SBC" /> | |||
| | education = ], ] at ] | |||
| | employer = | |||
| | awards = | |||
| }} | |||
| '''Thom Calandra''' (born June 8, 1956, in ], ]) is an ] journalist, ], and the former editor-in-chief and chief commentator for ''] ]'' from 1996 to January 2004, until his investigation by the ]. Calandra writes for a number of other publications including the revived ''The Calandra Report''. | |||
| == Early life and career == | |||
| Calandra has been a commentator on investing topics for almost 25 years, and was the ]'s daily investing columnist. He also appeared on the ], ], and the CBS MarketWatch Weekend television show. Calandra was also a Europe-based columnist for ] and was the financial editor of ]. <ref> </ref> | |||
| Calandra studied English and journalism at the ] and English literature from ] at ].<ref name="TC1">{{cite web|url=http://thomcalandra.com/about-thom-calandra/|title=Who The H Is Thom? |website=thomcalandra.com|accessdate=2015-07-05}}</ref> | |||
| Calandra was a financial columnist for '']'' and a ]-based editor and columnist for '']'' in ].<ref name="MKW2">{{cite web|url=http://www.marketwatch.com/story/marketwatch-commentator-calandra-resigns|title=MarketWatch.com commentator Calandra resigns|website=]|date=January 22, 2004|accessdate=2015-07-05}}</ref><ref name="USAT">{{cite news|url=https://www.usatoday.com/tech/techinvestor/2004-01-22-commentator-quits_x.htm|title=MarketWatch.com's chief commentator quits|author=Michael Liedtke|newspaper=]|date=January 22, 2004|accessdate=2015-07-05}}</ref> He was also the online financial editor of '']'',<ref name="USAT" /> and has contributed to a number of other publications. | |||
| In 2005, the ] settled civil fraud charges filed in 2004 against Calandra. Calandra allegedly profited by selling stocks shortly after his investment newsletter's positive recommendations of the stocks caused their prices to rise, without disclosing the sales. Calandra paid over $540,000 in penalties as a result of the charges. From March to December 2003, Calandra made over $400,000 through buying shares of 23 different small-cap stocks while writing favorable newsletter profiles recommending the stocks, and then selling the his shares after the stocks rose after his columns were published. Calandra also failed to disclose that he was compensated from a stock promoter affiliated with two companies that Calandra profiled. <ref> {{cite web|url=http://www.sec.gov/litigation/litreleases/lr19028.htm | |||
| |title=Thom Calandra, Litigation Release No. 19028 | |||
| |author=SEC | |||
| |date= January 10, 2005}}</ref> <ref> {{cite web|url=http://www.businessjournalism.org/pages/biz/2004/01/commentator_calandra_resigns_a/ | |||
| |title=Commentator Calandra Resigns Amid SEC Trading Probe | |||
| |author=Business Journalism | |||
| |date= January 30, 2004}}</ref> | |||
| In 1996, he co-founded ], formerly known as DBC News, and served as the founding editor-in-chief.<ref name="MKW2" /><ref>{{cite news|url=http://talkingbiznews.com/1/thom-calandra-has-seen-the-light/|title=Thom Calandra has seen the light|author=Chris Roush|date=October 12, 2007|publisher=Talking Biz News|accessdate=2015-07-05}}</ref> He moved to London in April 2000 and began a ] with the '']'' called FTMarketWatch.<ref name="MKW2" /> In 2001 the venture folded into the Financial Times and he returned to ] to serve as the chief commentator for CBS MarketWatch.<ref name="MKW2" /> In March 2003 he started the newsletter 'The Calandra Report' that would focus mostly on his own stock recommendations.<ref name="MKW2" /> | |||
| Calandra was also editor of the 2002 book ''How America Made a Fortune and Lost Its Shirt.'' He is currently an investor in ]’s Vator.tv. Calandra's first novel, ''Pablo By Numbers'', was published in 2007. <ref> </ref> | |||
| == MarketWatch resignation and SEC investigation == | |||
| Calandra holds a Master's degree in English from the ] and a Bachelor's degree of Arts from ]. He lives with his wife and two children in ]. | |||
| In January 2004, Calandra resigned from MarketWatch and was subject to an informal regulatory inquiry.<ref name="USAT" /> On January 10, 2005, the ] filed a case against him in the ].<ref name="SEC">{{cite web|url=https://www.sec.gov/litigation/complaints/comp19028.pdf|title=Securities and Exchange Commission v. Thom Calandra|date=January 10, 2005|publisher=]|accessdate=2015-07-05}}</ref> The case involved civil fraud charges citing an illegal trading scheme, a "buy-write-sell" pattern involving 23 different stocks, and was also settled at the time of filing.<ref name="SEC2">{{cite web|url=https://www.sec.gov/news/press/2005-3.htm|title=SEC BRINGS FRAUD CHARGES AGAINST FORMER CBS MARKETWATCH COLUMNIST THOM CALANDRA FOR ILLEGAL TRADING SCHEME|publisher=]|date=January 10, 2005|accessdate=2015-07-04}}</ref> Calandra paid ]416,109.58 in ] of illegal trading profits and a civil penalty of ]125,000.<ref name="SEC2" /><ref>{{cite book|url=https://books.google.com/books?id=zWKY8wkjKY8C&q=%22Thom+Calandra%22+journalist&pg=PT199|title=Regulating Competition in Stock Markets|author1=Lawrence Klein |author2=Viktoria Dalko |author3=Michael Wang |publisher=]|date=2012|isbn = 978-1118236864|accessdate=2015-07-05}}</ref> Calandra's settlement with the SEC did not include an admission or denial of the allegations and agreed to a "permanent injunction from further violations of the antifraud provisions of the ]".<ref name="SEC2" /> In a 2011 interview with Karen Roche of ''The Gold Report'', Calandra apologized for his actions stating it was "no excuse for a trained journalist" and " I acknowledge my errors from back then".<ref name="TGR">{{cite web|url=http://www.mining.com/thom-calandra-taking-calculated-yet-extreme-risks-in-mining/|title=Thom Calandra: taking calculated yet extreme risks in mining|date=November 17, 2011|author=Karen Roche|publisher=The Gold Report|accessdate=2015-07-05}}</ref> | |||
| == Post MarketWatch career == | |||
| In 2008, ''Stockhouse'' announced the launch of 'Ticker Trax By Thom Calandra' in a press release.<ref>{{cite news|url=http://www.bloomberg.co.jp/article/2008-12-03/aN6oSBu6W39o.html|title=Stockhouse Launches Ticker Trax by Thom Calandra Service|date=December 2008|accessdate=2015-07-05}}</ref> Calandra stated he writes for ''BabyBulls.com'' and ''Beforeitsnews.com'' as well as a principal at ''Torrey Hills Capital''.<ref name="TGR" /> On August 11, 2012, Calandra announced the resumption of ''The Calandra Report'' via ].<ref>{{cite web|url=https://twitter.com/thomcalandra|title=TCR returns|author=Thom Calandra|date=August 11, 2012}}</ref> | |||
| ==References== | ==References== | ||
| {{Reflist}} | {{Reflist|2}} | ||
| == External links == | == External links == | ||
| ⚫ | * | ||
| {{authority control}} | |||
| ⚫ | * | ||
| * | |||
| {{DEFAULTSORT:Calandra, Thom}} | {{DEFAULTSORT:Calandra, Thom}} | ||
| ] | |||
| ] | ] | ||
| ] | ] | ||
| ] | ] | ||
| ] | ] | ||
| ] | ] | ||
| ] | ] | ||
| ] | |||
| ] | |||
Latest revision as of 17:29, 23 December 2023
This article is about The American journalist. For the musician, see Tommy Calandra.| Thom Calandra | |
|---|---|
| Born | (1956-06-08) June 8, 1956 (age 68) Brooklyn, New York, United States |
| Education | University of Arizona, City University of New York at Brooklyn College |
| Occupation(s) | Financial journalist, stock investor |
| Spouse | Maura Thurman |
| Children | 2 |
Thom Calandra (born June 8, 1956, in Brooklyn, New York) is an American journalist, stock investor, and the former editor-in-chief and chief commentator for CBS MarketWatch from 1996 to January 2004, until his investigation by the U.S. Securities and Exchange Commission. Calandra writes for a number of other publications including the revived The Calandra Report.
Early life and career
Calandra studied English and journalism at the University of Arizona and English literature from City University of New York at Brooklyn College.
Calandra was a financial columnist for The San Francisco Examiner and a London-based editor and columnist for Bloomberg News in Europe. He was also the online financial editor of USAToday.com, and has contributed to a number of other publications.
In 1996, he co-founded MarketWatch, formerly known as DBC News, and served as the founding editor-in-chief. He moved to London in April 2000 and began a joint venture with the Financial Times called FTMarketWatch. In 2001 the venture folded into the Financial Times and he returned to San Francisco to serve as the chief commentator for CBS MarketWatch. In March 2003 he started the newsletter 'The Calandra Report' that would focus mostly on his own stock recommendations.
MarketWatch resignation and SEC investigation
In January 2004, Calandra resigned from MarketWatch and was subject to an informal regulatory inquiry. On January 10, 2005, the U.S. Securities and Exchange Commission filed a case against him in the United States District Court for the Northern District of California. The case involved civil fraud charges citing an illegal trading scheme, a "buy-write-sell" pattern involving 23 different stocks, and was also settled at the time of filing. Calandra paid US$416,109.58 in disgorgement of illegal trading profits and a civil penalty of US$125,000. Calandra's settlement with the SEC did not include an admission or denial of the allegations and agreed to a "permanent injunction from further violations of the antifraud provisions of the federal securities laws". In a 2011 interview with Karen Roche of The Gold Report, Calandra apologized for his actions stating it was "no excuse for a trained journalist" and " I acknowledge my errors from back then".
Post MarketWatch career
In 2008, Stockhouse announced the launch of 'Ticker Trax By Thom Calandra' in a press release. Calandra stated he writes for BabyBulls.com and Beforeitsnews.com as well as a principal at Torrey Hills Capital. On August 11, 2012, Calandra announced the resumption of The Calandra Report via Twitter.
References
- ^ "Thom Calandra". silverbearcafe.com. Retrieved 2015-07-05.
- Thom Calandra (March 7, 2014). "The Calandra Report: Everything's coming up Stellar". stockhouse.com. Retrieved 2015-07-05.
- "Who The H Is Thom? [& Where?]". thomcalandra.com. Retrieved 2015-07-05.
- ^ "MarketWatch.com commentator Calandra resigns". MarketWatch. January 22, 2004. Retrieved 2015-07-05.
- ^ Michael Liedtke (January 22, 2004). "MarketWatch.com's chief commentator quits". USA Today. Retrieved 2015-07-05.
- Chris Roush (October 12, 2007). "Thom Calandra has seen the light". Talking Biz News. Retrieved 2015-07-05.
- "Securities and Exchange Commission v. Thom Calandra" (PDF). U.S. Securities and Exchange Commission. January 10, 2005. Retrieved 2015-07-05.
- ^ "SEC BRINGS FRAUD CHARGES AGAINST FORMER CBS MARKETWATCH COLUMNIST THOM CALANDRA FOR ILLEGAL TRADING SCHEME". U.S. Securities and Exchange Commission. January 10, 2005. Retrieved 2015-07-04.
- Lawrence Klein; Viktoria Dalko; Michael Wang (2012). Regulating Competition in Stock Markets. John Wiley & Sons. ISBN 978-1118236864. Retrieved 2015-07-05.
- ^ Karen Roche (November 17, 2011). "Thom Calandra: taking calculated yet extreme risks in mining". The Gold Report. Retrieved 2015-07-05.
- "Stockhouse Launches Ticker Trax by Thom Calandra Service". December 2008. Retrieved 2015-07-05.
- Thom Calandra (August 11, 2012). "TCR returns".