After market closed, SINA Corp. (SINA) reported revenues of $96.4 million in the third quarter of 2009. Revenues was down 8.6% year over year but was up 6.8% sequentially. Revenues exceeded the company's guidance of $91.0 – $94.0 million and easily beat the Zacks Consensus estimate of $94.0 million. This reflects strong execution of the company’s online advertising business in China , which grew double-digits sequentially. We expect a huge improvement in SINA’s advertising business, as advertising spending recovers. SINA expects to benefit from government stimulus packages. Moreover, management is witnessing signs of a strong recovery in the advertising market in China in the second half of this year, which is reflected in the company’s higher-than-expected guidance. Advertising revenues decreased 16.3% year over year but was up 10% quarter over quarter, exceeding the company’s guidance of $60.0 – $62.0 million. Non-advertising ...

SINA Corp. (SINA) is set to announce its third quarter results after the closing bell on Nov 16.   SINA’s third-quarter revenue guidance of $91–$94 million was below the Zacks Consensus Estimate. The company expects Advertising revenues to be $60–$62 million and non-advertising revenues to be $31–$32 million in the third quarter. SINA remains guarded on advertising spending particularly brand advertising as consumers remain cautious.   SINA is a leading provider of online media and value-added information services in China . Although the company’s second quarter results beat Zacks consensus estimates, it has been down on a year over year basis. The company is facing severe competition in its mobile and online brand advertising business.   However, the stock has rallied much and we expect the company to benefit from the growing trends in the wireless business. We expect a huge improvement in SINA’s advertising business, as advertising ...

Yahoo! Inc. (YHOO) is losing top executives to upcoming media and brand advertising companies. Recent announcements included the departure of Patrick Berry, Head of the connected TV group and Josh Jacobs, VP and GM of Marketing Technology and Head of Strategy and Marketing for the Yahoo! Publisher Network (YPN).   While details regarding Berry’s new pursuits were hazy, there was considerably more publicity surrounding Jacobs’ new position at New York-based Glam Media Inc. Jacobs is joining Glam as SVP of brand advertising products and marketing and will report to Jack Rotolo, President of Glam Media North America.   Jacobs’ new responsibilities involve Glam’s owned and operated properties, which include content, technology, social media and mobile advertising assets. He will be responsible for the Glam network of more than 113 million active users globally, as well as the Glam Publisher Network of 1,400 publishers, agencies and brand advertising partners. ...

SINA Corporation (SINA) has been downgraded from Outperform to Neutral, indicating that the stock would be trading in line with the industry. The company is a leading provider of online media and value-added information services to the global Chinese community. Although SINA’s most recent quarter (second quarter) results beat Zacks Consensus Estimates, they have been down on a year-over-year basis. The company provided disappointing guidance, as customer caution is likely to be a hindrance to advertising spending, particularly the brand advertising segment. Economic growth in China has continued to slow down in the face of the protracted global economic downturn. Competition in the online brand advertising field in China is fierce, crowded by big players such as Sohu.com Inc. (SOHU), Shanda Interactive (SNDA) and Baidu, Inc. (BIDU). Moreover, uncertainty regarding the closure of the Focus Media Holding Ltd. (FMCN) acquisition poses ...

Guidance Overview   SINA Corporation’s (SINA) third quarter revenue guidance of $91.0 – $94.0 million was below the Zacks Consensus Estimate of $97.0 million. The shares fell 1.12% and closed at $30 yesterday when the company’s lower third quarter 2009 outlook disappointed investors. SINA expects Advertising revenues to be $60.0 – $62.0 million and non-advertising revenues to be $31.0 – $32.0 million in the third quarter. The company remains guarded on advertising spending, particularly brand advertising, as consumers remain cautious. Economic growth in China has continued to slow down in the global economic downturn. SINA is also facing severe competition in its mobile business and expects it to be flat in the next few quarters. Competition in the online brand advertising field in China is fierce crowded by big players such as Sohu.com Inc. (SOHU), Shanda Interactive (SNDA) and Baidu, Inc. (BIDU)....

ChinaNet Online Holdings Inc. offers full-service media development, advertising and communications to small and medium-sized companies in the People’s Republic of China. Yesterday, the company posted its second-quarter financials, reporting an increase in revenues, net income and cash flow.

ChinaNet increased its revenues for the second quarter of 2009 by 79 percent to $9.4 million, up from the $5.2 million reported in the same period of 2008. The company attributes the achievement to a boost in its Internet and television advertising, which contributed roughly 45 percent of total revenues for 2009.

Net income for the second quarter of 2009 was $1.3 million, up 73.1 percent from the $0.7 million reported in the second quarter the year prior.

“We are very pleased to report strong revenue and net income growth in the second quarter and year-to-date. While operating margins were modestly impacted by non-recurring and non-cash expenses we were able to

...

Most recently, the Board of Directors of Marchex Inc. (MCHX), a search and media company focused on vertical and local advertising, declared a regular quarterly dividend of $0.02 per share on its common stock. The dividend is payable on August 17, 2009 to shareholders on record as of the close of business on May 4, 2009. The current dividend yield is 1.9%.   Despite lower-than-expected first quarter 2009 results, Marchex has impressed us by continuing to pay a dividend to return more value to its shareholders. Most of its peers such as Akamai Technologies (AKAM) and ValueClick Inc. (VCLK) have not paid dividends as they have been hurt by the current economic recession and reduced consumer spending.   Meanwhile, to increase shareholders wealth, Marchex’s Board of Directors increased its stock repurchase program. During the first quarter of 2009, Marchex increased its stock repurchase plan by 2 million

...

Interpublic Group of Companies Inc.'s (IPG) fourth-quarter net income jumped 22% as a result of improved margins.

The New York-based advertising company earned as much as 30 cents a share, excluding items, which exceeded analysts' estimated profit of 28 cents. Revenue fell 4.1% due to the negative impact from the firm dollar, amounting to $1.9 billion.

The company's profit for 2008 climbed to $265.2 million, or 52 cents per share, from the previous year's $131.3 million, or 26 cents per share. Revenue was up 6% to $6.96 billion from $6.55 billion.

Interpublic also stated that it could maintain its profit margin target this year, provided revenue drops in the range of 2 to 3%.

IPG is a Zacks #3 Rank ("Hold") company.

"IPG" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Sector 10 has been making waves in the emergency response paradigm. The main reason for the success of Sector 10 is its core management team that brings a wealth of expertise and accomplishments to the company.

Leading the way at Sector 10 is Pericles DeAvila who serves as the company’s CEO. He is the founder, inventor and the lead creative thinker at the company. DeAvila is responsible for all strategic, financial and operational aspects of Sector 10 and its associated businesses. The Sector 10 leader has entrepreneurial experience nationally and internationally with his beginnings in the construction industry. He was a construction manager for 11 years on large projects in Silicon Valley and in Seattle — including Safeco Field, the home of the Seattle Mariners.

Larry Madison serves as the company’s CFO and is responsible for all aspects of financial reporting and management. Madison is a revered name in the industry for

...

NetEase.com, Inc. (NTES) is one of the leading providers of online gaming, advertising, web-based communication services, and a variety of interactive content in China.

NetEase is currently trading at 16.8x estimated 2008 EPADR of $1.56, a discount to the industry. Rolling our valuation to fiscal 2009 EPADR estimate of $1.74, the company is trading at 15.1x, which is far below the industry average. NetEase faces intense competition in the gaming and advertising market. Delayed product launches and growing operating expenses have hurt profitability.

NetEase appears to have turned the corner, posting better-than-expected revenue and earnings results in the first half of 2008. The company’s solid execution in its online games and advertising business has helped NTES grow its top and bottom line. We believe that China's online gaming and advertising industry is in the midst of unparalleled growth and NetEase is well positioned to benefit from this trend.

Although

...