Zynga Goes Public Tomorrow At $10 A Share & A $7 Billion Dollar Valuation - The gaming company Zynga is going public tomorrow on the NASDAQ, after pricing its initial public offering tonight on top of its initially announced range of $8.50 to $10 per share.
The $10 price means Zynga will have a valuation of roughly $7 billion.
Zynga is the operator of many games including Farmville, Cityville, CastleVille has been and a buyer of domains
It will be interesting to see how the stock does tomorrow.
Google+Michael Berkens ... read more ...
Tag Archives: Publicly Traded Domain Co
Fri 16th December 2011
Tue 15th November 2011
Friend Finder Network Report, Shares Sink Another 22% & They Reorganize Into 14 Divisions - FriendFinder Networks Inc. (NASDAQ: FFN) reported its earnings today and they can only be described as brutal.
Revenue for the quarter ending September 30, 2011 was $82.7 million, 5% off third-quarter figures a year ago.
Income from operations for the third quarter was $14.7 million, a 32% drop from third-quarter figures a year ago.
The company had loss for the third quarter of $5.4 million.
The big news out of the report and the earnings conference call that followed is that the company is going ... read more ...
Sun 13th November 2011
Google: Search Share Increases, Sends Invites To Music Event & Announces An Incubator In Israel - Google is in the news this weekend.
According to comScore, Google’s US market share rose to 65.6 % in October, from 65.3% from September.
Yahoo fell to 15.2% which I think is a new low.
Microsoft’s Bing, rose to 14.8%.
Google also sent out invites to the media for an event this week to officially launch its Google Music Service, which is in Beta.
You can read more about Google Music here
The event is going to be held on at 2 p.m. PT (5 p.m. ET) on Wednesday, November 15 in Los Angeles.
Google ... read more ...
Thu 10th November 2011
Highlights From Tucows Earnings Call - Tucows had an earnings call after releasing its financial results for the third quarter of 2011.
Here are the highlights from the call:
Revenue grew by in excess of 18% year-over-year topping $25 million for the first time.
Cash provided by operating activities for the quarter was a healthy $1.6 million.
In OpenSRS domain services revenue and transaction volumes were each up 19% compared to the third quarter of last year.
We processed more than $2.1 million transactions in Q3, the first time we’ve ... read more ...
Wed 9th November 2011
Tucows Swings To a Slight Loss: YummyNames Sells $1.785 Million In Domains & Announces A $10 Million Stock Buy Back Program - Tucows Inc. (NYSE AMEX: TCX, TSX:TC), reported its financial results for the third quarter ended September 30, 2011 after the market closed today.
The company had a $.02 loss per share for the quarter vs a $.02 profit for the same quarter last year
YummyNames sold $1,785,000 in Domains vs only $1.250 million in the same quarter last year
Tucows also announced today a stock buyback program to repurchase up to $10 million of Tucows common stock.
Under the program, Tucows may, during the twelve-month ... read more ...
QuinStreet Misses & Stock Sinks Over 17% - QuinStreet, Inc. (Nasdaq:QNST) a member of our domain name parking index announced its financial results for its fiscal Third Quarter today and missed.
Shares sank over 17% to 9.20 a share.
The Company reported total revenue of $101.2 million, a decrease of 2% over the same quarter last year.
The Company reported GAAP net income of $5.5 million, or $0.11 per diluted share, for the quarter.
Adjusted net income for the quarter was $11.6 million, or $0.24 per diluted share. Adjusted net income excludes ... read more ...
Mon 7th November 2011
Demand Media Reports: Revenue UP 25%; Registrar Revenue Up 20%; Shares Rise 17% - Demand Media, Inc. (NYSE:DMD), reported financial results for the quarter ended September 30, 2011 after the market closed today.
Shares of Demand Media which fell over 9% in trading today are back up over 17% in after market trading since the earnings were released at $8.30 a share.
Demand has a 52 week low of $5.24 and closed today at $7.06
Here are the highlights:
Q311 Financial Summary:
GAAP
Revenue increased 25% to $81.5 million, compared with $65.4 million in Q310.
Loss from operations ... read more ...
Fri 4th November 2011
WSJ.com GroupOn.com To Go Public Tomorrow during $20 Per Share - According to the Wall Street Journal, Groupon.com is going public tomorrow on the Nasdaq and is expected to be priced at $20 a share.
At $20 a share the company will carry a valuation of Groupon at nearly $13 billion.
The company plans on trading under the symbol; GRPN
Groupon is offering up to 34.5 million shares in its IPO, representing just 5.4% of the entire company’s 637.3 million shares outstanding.
Cnet.com is reporting that the IPO is oversubscribed at the $20 per share figure which is ... read more ...
Thu 27th October 2011
Verisign Reports Earnings: Revenue Up 14%; 112 Million Domain Registrations & Over $1.2 Billion In The Bank - After the market closed today Verisign (NASDAQ: VRSN) reported earnings for the third quarter ended Sept. 30, 2011.
VeriSign, Inc. reported revenue of $197 million for the third quarter of 2011, up 4% from the prior quarter and up 14% from the same quarter in 2010.
As you can see below the quarter closed with over 112 Million domains registered and Verisign having over $1.2 Billion in the bank:
Verisign reported net income of $59 million and diluted earnings per share of $0.36 for the third quarter ... read more ...
Sat 22nd October 2011
WSJ: Google Looking To Buy Yahoo - According to a story just out in the Wall Street Journal, Google has met with at least private equity firms about potentially helping them finance a deal to buy Yahoo.
Of course this would deal would get a good look over by the Feds.
However, as Scott Cleland the author of the book “Dark Side of Google” stated at the TRAFFIC conference this past week, the Feds ultimately allowed Google’s purchase of Doubleclick and Admob.
Mr. Cleland said about those acquisitions by Google:
“Both administrations, ... read more ...
Thu 20th October 2011
Demand Media Hits All Time Low Today - Shares of Demand Media (DMD) went on a wild ride today hitting an all time low of $5.24 before recovering back to its closing price of $5.62 a loss of over 13%.
Volume was almost 10X more today than the three month average of Demand trading over 4,000,000 shares.
Just a couple of weeks ago eHow announced they will be cutting back on the production of content.
Late this afternoon Demand Media released a statement on eHow saying:
“that its eHow.com website has recently experienced a decline in ... read more ...
Wed 19th October 2011
Yahoo Reports Earnings & Beats The Street Estimates & Stocks Up Over 5% - Yahoo! Inc. (NASDAQ:YHOO ) reported results for the quarter ended September 30, 2011 after the market closed yesterday and for the first time in a long time actually beat the street numbers and reported better than expected results.
Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,072 million for the third quarter of 2011, a 5% decrease from the third quarter of 2010.
Income from operations decreased 6% to $177 million in the third quarter of 2011, compared to $189 million ... read more ...
Sat 15th October 2011
Bloomberg: Google Is Getting Audited By The IRS - According to a story in Bloomberg this week, Google (GOOG) is getting audited by the Internal Revenue Service (IRS) to see if they “avoided federal income taxes by shifting profit into offshore subsidiaries”
“The IRS has requested information from Google about its offshore deals after three acquisitions, including its $1.65 billion purchase of YouTube”
“The transfer overseas of these kinds of rights has enabled Google to attribute earnings to foreign units that pay lower taxes”
“Google, ... read more ...
Thu 13th October 2011
Google Reports: Revenue Up 33%; AdSense Up 18%;Paid Clicks Up 28% CPC Up 5%; Stock Up $43 A Share - After the market closed today Google (GOOG), a stock we follow in our domain name stock index, reported earnings and they had a blowout quarter by any measure.
Shares of Google are already up over 7% on the news or $43 a share at $590 in after hours trading.
Google’s revenue was up 33%, Adsense Revenues were up 18%, paid clicks were up 28%, Cost per Click was up 5% and Google ended the third quarter with $42 Billion in the bank.
Google+, now has 40 million users, an increase from the 10 million ... read more ...
Sat 8th October 2011
Demand Media’s eHow Sends Letter To Writers & Editors Telling Then They Are Cutting Back Production Of Articles - According to BusinessInsider.com Demand Media (NYSE: DMD) has sent out a letter to it current writers and editiors telling them they are going to cut back on production of “content”.
“We will have fewer eHow.com assignments for the foreseeable future.”
Demand also stated that we need to make sure of a few things including “That every article is written and copy edited by a qualified professional with background, knowledge or experience in the topic.”
I thought that rule would have been ... read more ...
Wed 5th October 2011
Maybe Microsoft Will Wind Up Buying Yahoo After All - Microsoft (NASDAQ:MSFT) which tried to buy Yahoo (NASDAQ: YHOO) several years ago maybe coming back around for another shot.
According to Reuters, Microsoft is weighing a potential bid for Yahoo.
Of course Yahoo already has a search deal with Microsoft, and Microsoft has tried to buy Yahoo in 2008, offering to pay as much as $47.5 billion or $33 a share, before to be turned down by the company.
As we reported the other day the Chinese Internet giant Alibaba is also interested in Yahoo.
Shares of ... read more ...
Tue 4th October 2011
Google Panda 2.5 Update: eHow & YouTube.com Win: Here Is a List Of The Winners & Losers - Google made a rather big update to Panda search metrics which is being called Panda 2.5 last Thursday.
Searchmetrics.com listed the biggest winners and losers on it blog a couple of days ago.
eHow owned by Demand Media, a company we cover in our domain name Parking Stock Index, was actually one of just a handful of winners listed as content farms by SearchMetrics.com although LiveStrong.com another Demand Media Property was a loser.
Here are some of the biggest losers:
Here are some of the biggest ... read more ...
Fri 30th September 2011
Google Rollouts Real Time Stats On Google Analytics - According to a blog post on by Google, Google is upgrading its Google Analytics tool to give users real time information.
Google’s free analytics tool offers a comprehensive data on websites but until now, it has a 24-hour lag on full data reporting.
The new Google Analytics Real-Time tool offers an instant look at a site’s active-visit count.
It began rolling out Thursday to some users and will be available to all users in the next few weeks.:
Today we’re very excited to bring real time ... read more ...
Sat 24th September 2011
Forbes.com: Out Of Google Senate Hearing: “Google’s ‘Bait & Switch’ Deception Exposed” - Forbes.com just wrote a pretty scathing article on Google based off the Senate antitrust hearing on Thursday saying “Google has perpetrated what maybe the largest bait and switch scheme ever.”
“Simply, Google has baited over a billion users to implicitly trust Google Search by continuously promising that its search engine is unbiased and “always does what is best for the user.”
“However, as Google’s market power has grown over time, the evidence shows Google has increasingly switched ... read more ...
Wed 21st September 2011
Google’s Schmidt Faces Senate Hearing Today - Google’s executive chairman and former CEO Eric Schmidt will be speaking before the U.S. Senate Judiciary Committee’s antitrust subcommittee later today as that panel looks to determine whether Google abuses its power in online search.
Antitrust regulators are investigating complaints that Google favors its own commerce services and offerings in its search results, among other allegations.
Some companies has complained that there search ranking dropped when they Paid Ad budget dropped.
According ... read more ...
Sat 17th September 2011
Google Names Its News Reader To Compete With Flipboard & AOL “Propeller”: Problem is AOL Owns Propeller.com & Has the Own NewsReader Called Editions.com - According to various reports yesterday here and here, Google is working on launching a social and news reader app to compete with the very popular Flipboard App as well as Facebook, and is going to call it Propeller.
AOL is the owner of Propeller.com
AOL also has its own similar App already that competes with the leader Flipboard.
The name of AOL apps is Editions by AOL
Editions.com is owned by AOL, which unlike Google seems to understand that when you name an App it’s pretty important to own the ... read more ...
Fri 9th September 2011
Will AOL & Yahoo Merge? - There are a few reports out today including one from Bloomberg that AOL and Yahoo, two struggling companies are in merger talks.
Chief Executive Officer Tim Armstrong of AOL is “talking with advisers to Yahoo! Inc. to gauge its interest in combining the companies after the ouster of CEO Carol Bartz”
According to the story Armstrong was interested in a merger with Yahoo last year but Carol Bartz was not interested.
Now that she is out as CEO of Yahoo, AOL is resuming talks with Yahoo.
Google+Michael ... read more ...
Thu 8th September 2011
VeriSign CFO Quits & Stock Plunges & Quickly As It Soared - The CFO of Verisign (VRSN) resigned today causing shares to fall as quickly as the rose the other day on buyout rumors.
The other day we notice that shares of Verisign rose on take over rumors from around $29 a share to almost $35 a share.
Today the Chief Financial Officer of Verisign, Brian Robins resigned which seemed to end rumors that the company is being bought out.
Shares Verisign was down almost 9% on the news after hours to $31.10 after closing at $33.91 on Thursday on Nasdaq.
Robins’ resignation ... read more ...
Google Acquires Zagat - Google has acquired Zagat for an undisclosed sum.
Google executive Marissa Mayer said in a blog post that Zagat will become a “cornerstone” of Google’s local services, which include listings and maps for restaurants and other small businesses.
Google announced the deal on its blog.
I’m thrilled that Google has acquired Zagat. Moving forward, Zagat will be a cornerstone of our local offering—delighting people with their impressive array of reviews, ratings and insights, while enabling people ... read more ...
Wed 7th September 2011
Rumor Of The Day: Will Verisign Be Bought Out? - Verisign is up big for the 2nd day in a row on rumors that it maybe in play to be bought out.
Yesterday Chief Financial Officer Brian Robins cancelled a planned appearance at a financial conference organized by Citigroup Inc which sparked a rumor that the company maybe a buyout target.
At the time Verisign was trading down to around $29 a share but wound up over $2 a share yesterday and is up over $2 again today to 34.20 so basically a $5 jump in less than 2 days.
Forbes.com, is reporting that “VeriSign ... read more ...