Stock Market News & Stocks to Watch from StraightStocks » internet users

Omnicity Corp. (OMCY.OB) Riding the Broadband Wave

QualityStocks — Tue, 17 Nov 2009 15:55:44 +0000

Omnicity Corp., known for bringing wireless broadband services to rural America, is on top of one of the biggest waves in telecommunications, the rapid expansion of broadband services outside of the traditional urban and suburban base areas. It goes without saying that the communications industry is the nervous system of today’s economy, generating global annual [...]

DrStockPick.com Stock Report! 10/01/09, CAR, SCOR, MDR, BJRI, STLK, QUMI

Dr. Stock Pick — Thu, 01 Oct 2009 18:56:23 +0000

Dr Stock Pick HOT News & Alerts! _______________________________________ FREE Daily Stock Alerts From DrStockPick.com _______________________________________ Thursday October 1st, 2009 DrStockPick.com Stock Report! ************************************************************** Avis Budget Group, Inc. (NYSE: CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has closed its $450 million Series 2009-2 asset-backed term notes. The 5.68% notes were priced to yield 5.75%, [...]

PennyOmega.com Stock Report! 8/27/09, EFIR, PLUG, SPIR, SKT, CMCSA, SCOR

PennyOmega.com — Thu, 27 Aug 2009 18:18:39 +0000

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DrStockPick.com Stock Report! 8/14/09, SCOR, TAYC, NBY, ACL, LYTS, FSTR

Dr. Stock Pick — Fri, 14 Aug 2009 15:36:44 +0000

DrStockPick.com Stock Report! Friday August 14, 2009 ************************************************************** Taylor Capital Group, Inc. (Nasdaq: TAYC) will be a featured presenter at the Howe Barnes Hoefer & Arnett 14th Annual Community Bank Conference on Tuesday, August 18, 2009 at 3:10 p.m. central time. The conference will be held at The Ritz-Carlton, 160 East Pearson Street, [...]

Shaw Gets Mountain Cablevision – Analyst Blog

Zacks Market Commentaries — Mon, 20 Jul 2009 21:07:34 +0000

Recently, Shaw Communications (SJR) announced that it has entered into a strategic agreement to acquire Mountain Cablevision Limited, based in Hamilton, Ontario and owned by the Boris Family.

The Boris family has been running the business for the last fifty years, which has approximately 41,000 cable subscribers, 28,000 Internet users and 27,000 telephone customers.

Shaw’s management declared that the purchase consideration will consist of cash and may also involve the issue of Class B Non-Voting Participating Shares of the company. The transaction is subject to approval by the Canadian Radio-Television and Telecommunications Commission (CRTC). The terms of the transaction were not disclosed.

Shaw has a strong foothold in western Canada, and the acquisition of Mountain Cablevision will allow the company to tap the market beyond western Canada into mostly eastern Canada, where the company has lower brand recognition. The move has given Shaw a stronghold in what used to be solely a Rogers Communications (RCI) market.

Shaw’s ongoing capital investments have helped it to expand its operations to include digital programming, Internet, Video-on-Demand (VOD), High Definition Television (HDTV), and digital phone. The company experienced subscriber growth across all its operations during the recently reported third quarter. Basic cable net subscriber additions were 9,622 to 2,283,526, Digital customers increased 110,810 to 1,187,183, and Internet and Digital Phone lines climbed by 24,625 to 1,650,959 and 54,633 to 774,009, respectively. DTH subscribers rose 1,580 to 898,213.

Overall subscriber growth in 2009 is faring better than 2008 and 2007. The growth rates are consistent with the historical trends. We maintain our Hold recommendation on the stock with a six-month price target of $16.75.
Read the full analyst report on "SJR"
Read the full analyst report on "RCI"
Zacks Investment Research

ComScore Claims to have a Larger Panel

Faisal Laljee — Wed, 15 Jul 2009 22:12:00 +0000

ComScore (SCOR) and Nielsen are both market research and audience measurement businesses. They have a "panel" of independent internet users whose activities they monitor (with permission of course) and based on the internet usage of this panel, they pu...

Egyptian telecoms a defensive growth play as markets react to row-related rumors

Jason G. Wulterkens — Tue, 19 May 2009 15:35:52 +0000

Egypt’s benchmark CASE 30 stock index, the EGX 30, gained 2.2% yesterday, primarily on the strength of its telecoms and specifically rumors that a row between Mobinil shareholders will soon be resolved. Orascom Telecom (OT) and France Telecom have been engaged in battle over their joint holding in Mobinil–one of three mobile operators in the [...]

Amazon.com To Outperform Through ‘09

Bullish Bankers — Wed, 22 Apr 2009 11:00:47 +0000

As the economy continues to suffer from lower consumer confidence and weaker consumer spending, many believe that the retail sector has taken a beating from these weaknesses. One segment related to retail is eCommerce, an online version of retail that can be seen with companies such as Amazon.com Inc. [AMZN: 78.74, 0.00 (0.00%)], eBay Inc. [...]

RA’s Daily Russian News Blast – April 22, 2009

Robert Amsterdam — Wed, 22 Apr 2009 07:25:40 +0000

TODAY: Russia to delay NATO council meeting; Ryabko critical on US missile defense; ex-Yukos lawyer released on parole; Medvedev starts Internet discussion group; Lenin's birthday suitRussia has notified NATO of its postponing of the May 7 chief of staff meeting,...

Internet Censorship Intensifies with China Attempts

Contrarian Profits — Tue, 06 Jan 2009 12:40:34 +0000

pWith the onset of 2009, Beijing is cracking down on web portals and search engines that publish material deemed to be too vulgar or subversive for the nation’s 300 million-plus Internet users. Chinese authorities have reportedly implemented new software that lets them more easily track and counter threats, and have issued stern warnings to industry leaders such as Baidu.com Inc. (ADR: a href="http://finance.google.com/finance?q=NASDAQ%3ABIDU" target="_blank"BIDU/a) and Google Inc. (a href="http://finance.google.com/finance?q=NASDAQ%3AGOOG" target="_blank"GOOG/a)./p pThe government earlier this week cited 19 Web sites - including Baidu, Google, Sohu, Sina, and Tianya - as purveyors of vulgar content that is morally or politically destructive./p pSome results produced by search engines had “large amounts of pornographic links [and] after notification from the complaint center, the site did not take effective countermeasures,” the#8230;/p

The Other China Stimulus Package That Could Make You Rich

Irwin Greenstein — Mon, 22 Dec 2008 18:13:25 +0000

pYou’ve probably heard about China’s colossal $600-billion stimulus package intended to jump-start its economy. But chances are you didn’t hear about the new $40-billion initiative by China’s wireless carriers to modernize the national network#8230;/p pThree of China’s largest wireless carriers are making a mad dash to bring the country’s wireless infrastructure into the 21st century with a widespread upgrade to so-called 3G networks./p p3G networks enable high-speed, multimedia services packed with hefty margins for the carriers. Get in now on the program and you’re likely to see healthy returns as the networks come on line./p p3G achieved legendary status in the U.S. and Europe when Apple announced a revised iPhone that was 3G compatible./p pFor example, when strongAT#38;T/strong (NYSE:a title="Open a new browser window to find out more" href="http://finance.google.com/finance?q=NYSE%3AATT" target="_blank"ATT/a) announced Q2 results on July 23,#8230;/p

Stay Off the Phishing Hook

QualityStocks — Tue, 14 Oct 2008 14:09:31 +0000

What does the IRS list as the number-one scam of concern to taxpayers? (Hint: It’s not taxes.) In the run-up to this year’s April 15 tax deadline, taxpayers forwarded more than 33,000 phishing scam e-mails to the IRS, causing the agency to put phishing at the top of its annual list of scams of concern to [...]

Google vs. Baidu

Vlada Kynsky — Thu, 11 Sep 2008 15:42:00 +0000

Google (GOOG) is dominant search engine in US and in many other countries. But there are still some countries where Google plays second role and is well behind local search engine. For example in Russia the number one is Yandex and in China Baidu (BIDU).

Currently Baidu share accounts 60% (up from 58% y-o-y) of total searches compared to Google with 26% (up from 17% y-o-y). The question is if the leadership is sustainable. Google already started with introduction its sites in Chinese version. Good example can be Chinese version of Google Finance site. How important is Chinese market the following statistics show. 427 million people search in English and 233 million people in Chinese. Google CEO Eric Schmidt already announced last year the intention to be market leader in 5 years.

Many Internet users are more familiar with Baidu which started earlier and attracted visitors by facilitating access to free music. Download free MP3 files generates huge traffic and this is one of the most popular online activities. Another key driver is seen with educational business practices towards small businesses about keyword search and its monetizing it up front.

Investments in Chinese companies is a part of Google strategy how to expand in the country. Up to now they are focused on social networking projects and mobile Internet. Google invested in Tianya, social networking web site, and Xunlei Network Technology, video and games downloads provider.

CHINA Still Game for Growth

Zacks Market Commentaries — Mon, 18 Aug 2008 11:45:37 +0000

CDC Corp.s (CHINA) loss for the second quarter of 2008 was $0.10 per share. However, its adjusted EPS again exceeded market expectations. We still think CDC is well positioned to leverage the growth opportunities in the small-to-medium business enterprise software market and Chinas online game market.

In addition, its stock is trading under book value and the company will continue to repurchase its shares. Overall, we dont think its current stock price fully reflects the companys intrinsic value. Therefore, we are maintaining our Buy rating on CDC shares.

With a differentiated combination of online games, mobile applications, and Internet portals and media services, CDC's New Media Business is positioned to take advantage of the burgeoning demand for online services and entertainment in the China market.

China has 253 million internet users as of June 30, 2008. The internet users are expected to increase at 15% annually in the next three years. It is expected that Chinas online game market will grow 49% in 2008 over 2007. We forecast Chinas online gaming market would grow to RMB 40.1 billion yuan by 2011.

However, the software business will continue to be pressured under current challenging market conditions. Pirated game servers will reduce the companys revenue from online games. New games may not be as popular as the company expects. The recent earthquake in China will negatively affect its game business in the second quarter. Its expansion strategy through acquisitions or investments may be costly and may not be effective. Also, there is limited synergy between its software business and new media business.

Read the full analyst report on CHINA

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

NetEase.com: “Game On” in China?

Zacks Market Commentaries — Fri, 15 Aug 2008 15:24:55 +0000

NetEase.coms (NTES) revenue and earnings for the second quarter exceeded market expectations due to strong growth from its online games and advertising business and business tax refund.

We think NetEases results demonstrate that it has the ability and experience to expand the life cycle of its online games despite the fierce competition in the Chinese online gaming market. However, we are concerned that NetEases current games have gotten long in the tooth, and new games may not be as successful as its current popular games. We need more time to confirm whether its growth momentum in the fourth quarter is sustainable in the future. Therefore, we are maintaining our Hold rating on NetEase.

The factors in the companys favor are online gaming and advertising revenues. The potential opportunity for online usage in China is huge, with 253 million internet users. This means only 19% of its 1.3 billion citizens use the Internet as of June 2008.

Based on our estimate for fiscal year 2008 earnings per ADS, the stock is trading at 19.1x, which is well below the industry average and similar to its Chinese peers. Based on our estimate for fiscal year 2009 earnings per ADS, the company is trading at 17.4x, which is far below the industry average. Using a P/E multiple of 18.3x our fiscal year 2009 earnings per ADS estimate yields a target price of $25.25 which we believe reflects the companys prospects.

Read the full analyst report on NTES

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

China Tech Strikes Olympic Gold!

Tony Sagami — Tue, 12 Aug 2008 05:57:02 +0000

About 840 million people from around the globe tuned in to watch the opening ceremony for the Beijing Olympics, making it the most watched sporting event in history. I hope you were one of them because it was an amazing $300 million spectacle that condensed 5,000 years of Chinese history into the [...]