The Google Of Russia, Yandex Goes Public Today: IPO Price $25: First Trade: $35 - The company which is commonly referred to as the Google of Russia, search engine Yandex priced its initial public offering above expectations Monday night at $25 a share raising $1.3 billion and putting a market value of $8 Billion before trading began.
The first trade was at $35 up 40%.
At $35 a share the company market value is $11.2 billion.
Shares traded as high as $42 and as low as $31.
At 11am the stock is trading around $33 a share.
Yandex generates 65% of Russia’s Internet search traffic ... read more ...
Tag Archives: Publicly Traded Domain Co
Tue 24th May 2011
Sat 21st May 2011
WSJ: Google Warned On Selling Ads To Rogue Drug Sites & Feds Looking At Whether Company Should Be Charged Criminally - According to The Wall Street Journal, Regulators and industry watchdog groups repeatedly warned Google that it was taking ads from rogue online pharmacies in violation of federal law.
Last week Google took a $500 million charge in its recent quarter to cover potential charges related to resolving an investigation by the Department of Justice.
CNET is reporting at the same time Google was being praised by the White House for cracking down on illegal Internet pharmacies the Justice Department ... read more ...
Google Launches Official Search Blog: Inside Search - Google has just launched its “offical Search blog” entitled Inside Search.
Here is Google’s 1st post:
“””The thirst for knowledge is as old as humanity. It’s only in the past decade that the Internet has made knowledge ubiquitous, and we want to help you find the answers you’re looking for, whether it’s the best price on a new microwave, where to find a great bike ride—or even information about the Internet itself.
Generally, we help you answer questions by refining our algorithms, ... read more ...
Tue 17th May 2011
FriendFinder Networks Almost 50% Off It’s IPO Price In Less Than A Week - Shares of FriendFinder Network, Inc, fell more than 20% today in trading and continued its slide in after hours trading.
Shares of the company that own Penthouse, AdultFriendFinder.com and FacebookofSex.com closed down another $1.45 or over 20% to close at $5.75 a share.
Shares traded as low as $5.35
The company just went public a week ago on May 11th at $10.
I’m not a huge stock market watcher but I would say its pretty rare for a company to lose almost 50% market value in its first week of trading ... read more ...
Fri 13th May 2011
L’Oréal & Demand Team Up & Demand Stock Pops Over 5% - This morning L’Oréal USA and Demand Media put out a press release that Wall Street seems to have loved since shares of Demand bounced up over 5% as of time of publication in a otherwise down day in the market.
Here is the press release:
“Today L’Oréal USA and Demand Media announced an innovative, multi-dimensional partnership combining custom content and exclusive media designed to connect L’Oréal brands with women seeking personalized beauty solutions.”
“The ... read more ...
Thu 12th May 2011
VeriSign Shares Should Pop At Open After CFIT Case Is Settled To Double What It Traded For After The Appeals Court Ruling - Shares of VeriSign are poised to pop this morning after VeriSign announced they Settled the CFIT case which could have resulted in a large price reductions of .com registration and renewal prices.
Yesterday after the Market closed shares of Verisign were trading up over 5% on the news to Around $37.50
Back In June 2009, when the Federal Appellate Court ruled that the suit by CFIT could continue and move back to the trial court, shares of VeriSign plunged from $21 to $19 a share.
With today’s rise ... read more ...
Wed 11th May 2011
Tucows Reports: 2 Million Domain Registrations In 1st Quarter & YummyNames.com Sells $1.4M In Domains -
Here is transcript of the conference call
Operator
Good afternoon, ladies and gentlemen. Welcome to Tucows First Quarter Fiscal 2011 Conference Call.
Earlier this afternoon, Tucows has issued a news release reporting its financial results for the first quarter of fiscal 2011. The news release and financial statements are available on the company’s website at tucowsinc.com under the investor’s heading.
Please note that today’s call is being broadcast live over the Internet and will be ... read more ...
Google Goes With ChromeBook For Its Laptop Without Owning The Domain Name? - Google today announced its long anticipated laptop which it named Chromebook.
“”A little less than two years ago we set out to make computers much better. Today, we’re announcing the first Chromebooks from our partners, Samsung and Acer.
“These are not typical notebooks. With a Chromebook you won’t wait minutes for your computer to boot and browser to start. You’ll be reading your email in seconds. Thanks to automatic updates the software on your Chromebook will get faster over time. ... read more ...
FriendFinder Network Goes Public & Shares Tank At Open - A couple of weeks ago we told you that FriendFinder Networks, was going to go public today and it has started trading under the Symbol FFN.
Shares of the company were sold at the low range of the range set for the IPO at $10 a share and in the 1st hour of trading, shares are already down 17% at $8.30 as of time of publication.
We will update this story later when its first day of trading ends.
FriendFinders Network owns Penthouse, AdultFriendFinder.com, Cams.com, and FacebookOfSex.com to name a few.
Google+Michael ... read more ...
Thu 5th May 2011
Marchex Reports: Revenue, Profits & Stock Price Up & Sells Almost $2M in Domains In 1st Quarter - It’s a busy day for publicly traded domain related companies as Marchex, Inc. (NASDAQ:MCHX) also reported its results for the quarter ended March 31, 2011 today after the market closed.
Its the third company in our Domain Stock Index to report today and like QuinStreet and Demand Media, Wall Street liked Marchex’s report and the stock traded up over 6% in after hours trading.
Here are the highlights:
First Quarter 2011 Consolidated Financial Results:
Revenue was $29.1 million for the ... read more ...
Demand Media Reports: Revenue Up 48%; Registrar Revenue Up 18%: Stock adult Over 15% - Demand Media, Inc. (NYSE:DMD) reported financial results for the quarter ended March 31, 2011 after the Market closed today.
The market loved the report as shares soared up over 15% to $19 a share after hours.
The stock is now trading well above the bottom we called at $13.99 back on April 25th.
Here the highlights:
“We reported better-than-expected results in Q1 2011, driven primarily by continued momentum from our owned and operated sites,” said Richard Rosenblatt, Chairman and ... read more ...
QuinStreet Report: Revenue Up 17%, Education Vertical Up 26%; Shares Up 10% - QuinStreet, Inc. Nasdaq:QNST, reported announced its financial results for the fiscal third quarter ended March 31, 2011 yesterday after the market closed and the market reacted very positively.
The Company reported total revenue of $107.7 million, an increase of 19% over the same quarter last year.
Adjusted EBITDA for the quarter was $23.2 million, or 22% of revenue.
The Company reported GAAP net income of $6.3 million, or $0.13 per diluted share, for the quarter. Adjusted net income for the quarter ... read more ...
Wed 4th May 2011
Blackberry Makes Bing Its Default Search Engine - Give a big check to Microsft today which just beat Goolge out to become the default search engine for all Blackberry devices.
Blackberry devices will use Bing as the preferred search provider in the browser, and Bing will be the default search and map application for new devices presented to mobile operators, both in the US and internationally.
Also, Bing will have regular, featured placement and promotion on the BlackBerry App World carousel.
Bing is already shipping as the default search engine ... read more ...
Thu 28th April 2011
Verisign Reports: Domain Name Registrations (.com & .net) 108 Million Up 9%; Revenue Up 12% - After the market closed today VeriSign, Inc. (NASDAQ: VRSN), reported financial results for the first quarter ended March 31, 2011.
VeriSign, Inc. reported revenue of $182 million for the first quarter of 2011, up 2% from the prior quarter and up 12% from the same quarter in 2010.
Verisign reported net income attributable to Verisign stockholders of $41 million and earnings per share attributable to Verisign stockholders of $0.24 on a diluted basis for the first quarter of 2011, compared to net income ... read more ...
Wed 27th April 2011
China’s Leading Search Engine Baidu.com: Earnings Up 88%, Profit adult 125% & $1.3 Billion in The Bank - After the market closed today, Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, announced its unaudited financial results for the first quarter ended March 31, 2011.
Baidu is one of the companies we track in the domain stock index
First Quarter 2011 Highlights
Total revenues in the first quarter of 2011 were RMB2.436 billion ($372.0 million), an 88.3% increase from the corresponding period in 2010.
Operating profit in the first quarter of 2011 was RMB1.195 billion ... read more ...
FriendFinder Networks, Owner’s Of AdultFriendFinder.com, Cams.com Plans To Go Public On May 11 - According to Bloomberg.com, FriendFinder Networks Inc.,plans to go public on May 11 on the Nasdaq under the symbol FFN
FriendFinder in addition to being the publisher of Penthouse magazine, owns many websites including, AdultFriendFinder.com and Cams.com.
Facebook filed suit last week against FriendFinder Networks, Inc., and one of its subsidiaries over another site ,FacebookofSex.com.
According to a filing with the U.S. Securities and Exchange Commission, the company will seek to raise as much as ... read more ...
Tue 26th April 2011
IAC Reports Earnings: Match.com Up 22%: IAC Renews Search Deal With Google & Has $1.6 Billion In Cash - IAC the owner of Ask.com,. Match.com and Chemistry.com just to name a few properties, just reported earnings today before the market opened and here are some of the highlights:
Information Regarding the Results:
Q1 revenue increased 22% reflecting double digit growth across each segment. Operating Income Before Amortization grew 78% driven by strong profit growth at Search, Match and ServiceMagic.
Q1 net income and Adjusted Net Income grew $36.8 million and $33.0 million, respectively, ... read more ...
I’m Going To Call A Market Bottom (at slightest for now) On Demand Media - There is a lot of talk about Demand Media, Inc, and there consistently diminishing share price over the last two weeks of trading (you can click here too)
Today shares of Demand Media hit an all time low at $13.99 before closing at $14.67.
At $13.99 shares are trading at almost 50% of its high and almost 30% off its IPO price of $17.
So I’m going to go against the grain and call a market bottom, at least for the near term of the shares at $14.
Demand still owns Enom.com which is the world’s second ... read more ...
Wed 20th April 2011
Yahoo Revenue Down 6%; Earnings Down 28%; Search Advertising Down 19%: Stock Up 3% - Yahoo reported results for the quarter ended March 31, 2011, after the market closed today.
“Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,064 million for the first quarter of 2011, a 6% decrease from the first quarter of 2010″
“GAAP revenue was $1,214 million for the first quarter of 2011, a 24% decrease from the first quarter of 2010″
Income from operations increased by 1% to $190 million in the first quarter of 2011, compared to $188 ... read more ...
Mon 18th April 2011
Yahoo Now To Keep Your Search History For 18 Months, Not Just 3 - In a blog post on Friday, Yahoo announced that is going to be keeping records of your searches for 18 months now, up from the current policy of 3 months.
Here are the relevant parts of the announcement
“Today, Yahoo! is making an announcement of our intention to change our log file data retention policy to meet the needs of our consumers for personalization and relevance, while living up to their expectations of trust.
“In late 2008, after a careful review of our data systems and needs ... read more ...
Demand Media Issues Statement On Google’s Panda & It’s Effect on eHow - Demand Media has just issued a statement on the roll out of Google’s Panda algorithm and the effect it expects it will have on eHow.com
“Demand Media, Inc. a leading content and social media company, announced today that it is reaffirming its financial outlook for fiscal year 2011 that it previously provided on February 22, 2011.
“Certain third parties that have published reports attempting to estimate the effect of recent search engine algorithm changes made by Google on traffic to the ... read more ...
SearchMetrics: Google Panda’s: Top 100 Winners & Losers: eHow.com Loses More Than 50% Visibility - Searchmetrics.com, just released its study how Google’s Panda Update effected the results of sites in the UK where the change first went into effect and just published a list of the top 100 winners and losers.
“We’ve performed an analysis with millions of different keywords in the short and longtail of the impact of this update.”
“We analyzed the top 100 domains with the greatest gains and losses in our Organic Performance Index (OPI) from the previous week. The OPI is calculated ... read more ...
Fri 15th April 2011
Gold Vs. Google A 1 1/2 Years Later - Back in September 2009, there was a day where Google hit $500 a share, having recovered from the bottom of the market price of $280 and Gold hit $1,000 an ounce.
This prompted us to write a post Google Vs. Gold and ran a poll on which you thought would be a better investment.
Well its been about 18 months later and we posted about Google announcement of earnings yesterday and a reader reminded me about the Google Vs. Gold post so thought it would be a good time for an update.
So Google is trading ... read more ...
Thu 14th April 2011
Google Releases Earnings: Revenues Up 27%; Paid Clicks Up 18%; Cost Per Click Up 8%: Domainers Income Still Down - After the Market closed today Google announced its financial results for the quarter ended March 31, 2011:
The highlights:
“Google reported revenues of $8.58 billion for the quarter ended March 31, 2011, an increase of 27% compared to the first quarter of 2010.”
“Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the first quarter of 2011, TAC totaled $2.04 billion, or 25% of advertising revenues.”
Revenues ... read more ...
Fri 8th April 2011
Story Of The Year? Court Orders Google To Disclose Parked Domain Metrics - Media Post May have just found the story of the year for domainers.
A judge presiding over a potential class-action lawsuit by search marketers against Google, has ordered the company to divulge financial metrics associated with its parked domains program.”
“The data that Google must disclose concerns its assessment of the quality of sites within its AdSense network, including its parked domain and errors pages. ”
“Among other information, Google must reveal the “conversion score ... read more ...