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Company News for November 10, 2009 – Corporate Summary

Zacks Market Commentaries (November 10th, 2009) Writes:

• Priceline.com (NASDAQ:PCLN) reported adjusted third quarter earnings of $3.45 a share, 55 cents above consensus estimates, on better-than-expected revenues of $730.7 million, ahead of estimates of $$693.97 million on strong summer season travel. The firm provided fourth quarter guidance at about $1.06-$1.16

• Electronic Arts (NASDAQ:ERTS) said it plans to cut 1500 additional jobs. The firm reported second quarter adjusted earnings of 6 cents, a one penny miss, on revenues of $1.15 billion, which slightly topped Street projections of $1.12 billion. The firm forecast 2010 earnings of $0.70-$1.00, topping estimates of 89 cents on revenues of $4.2-$4.4 billion versus estimates of $4.26 billion

• Cadbury (NYSE:CBY) rejected the latest Kraft (NYSE:KFT) bid calling it "derisory"

• Moody's (NYSE:MCO) commented that AIG (NYSE:AIG) will be able to repay its Federal loans

• Wells Fargo (NYSE:WFC) lifted its growth expectations for the semiconductor group following release of third quarter numbers. Intel (NASDAQ:INTC) remained its first

...

Zacks Analyst Blog Highlights: Microsoft, Ford Motor Co, AT&T, Kraft Foods and Best Buy Co. – Press Releases

Zacks Market Commentaries (August 11th, 2009) Writes:

For Immediate Release

Chicago, IL – August 11, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Microsoft (MSFT), Ford Motor Co. (F), AT&T (T), Kraft Foods (KFT) and Best Buy Co. (BBY).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s Analyst Blog:

Microsoft Sells Razorfish

Yesterday, Microsoft (MSFT) announced the sale of Razorfish, the digital advertising firm it received as part of the aQuantive acquisition in 2007. The consideration to be paid by Publicis Group, the acquirer, is around $530 million, partly in the form of cash and

...

Microsoft Sells Razorfish – Analyst Blog

Zacks Market Commentaries (August 10th, 2009) Writes:
Yesterday, Microsoft (MSFT) announced the sale of Razorfish, the digital advertising firm it received as part of the aQuantive acquisition in 2007. The consideration to be paid by Publicis Group, the acquirer, is around $530 million, partly in the form of cash and partly in 6.5 million Publicis Groupe treasury shares.   The agreement creates a win-win situation. Publicis Groupe gets to acquire a digital advertising company, which effectively transforms a quarter of its business to the digital model. With Internet usage increasing the world over, digital advertising is assuming increasing importance in today’s world. The price is also reasonable, given that the company generated around $400 million in revenues in 2008, and is expected to generate $360-370 million in 2009. The revenue decline is recession-related and does not indicate loss of position at customers. In fact, Razorfish’s customer base is another positive, as the company serves ...

Destination Television, Inc. (DSTV.OB) Operates Within in a Rapid-Growth Sector

QualityStocks (June 10th, 2008) Writes:

Destination Television implements an array of private TV networks with digital signage solutions in high-traffic locations outside of its client’s respective domains. American Broadcast Group, a wholly-owned Destination Television subsidiary, operates solely for DSTV’s exclusive networks. These include GymTV, BarTV, and Hotel TV, and all are targeted to specific industries to provide the company with a continuous stream of ad revenue.

According to the company’s sales model, advertisers can purchase six-month contracts which facilitate 10-second spots, five times an hour for about $1,000. Destination Television claims to be capable of serving twenty advertisers a year, per screen, per location. The most recent deal struck by the company is an agreement with PharmaseeTV to utilize DSTV solutions in more than 250 pharmacies nationwide.

This, and other agreements, have led to the rapid expansion of Destination Television’s operations over the past twelve months. While we are well into the digital age,

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Destination Television Inc. (DSTV.OB) – Digital Media Advertising is Proven to Increase Sales in Australian Pharmacy Experiment

QualityStocks (June 5th, 2008) Writes:

More good news for digital media advertising company Destination Television Incorporated (DSTV.OB) today as a month long research study from Australia publishes its results. The study, which combines work by Galaxy Research and Sigma audited point-of-sale data, compared two products (Hydralyte and Blackmores Women’s Vitality) in four pharmacies year-on-year, month-on-month and like-for-like stores. The difference was that two of the pharmacies were outfitted with digital media advertising screens and the other two were not.

The research shows a sales increase of up to 20 percent against comparable stores who do not display the digital media advertising. The study was conducted with as few variables as possible and no additional point-of-sale promotions or catalogs were placed in the pharmacies for the two products participating in the research. Jon Marshall, the manager of an Australian media advertising firm, commented on the study by saying, “There is

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