Shares of Tucows.com (TCX) hit a 52 week high in trading today. Shares of Tucows.com traded as high as $2.31 which is a 52 week high. As of publication Tucows.com is trading at $2.26 up $.10 on the day and has a trading range today of $2.10 to $2.31 Tucows.com has a market cap of $93 million dollars. Tucows.com 52 week low was $1.05 making a very nice return for investors. Tucows … [Read more...]
CentralNic Formally Announces September IPO
Today CentralNic, formally announced its plans for a September IPO on the AIM Market (“AIM”) of the London Stock Exchange. "CentralNic is a registry service provider which supports top level domains (“TLDs” such as .la) and second level domains (“SLDs” such as .uk.com), distributing and powering domain names that end with those TLDs and SLDs, such as www.artweek.la and … [Read more...]
Tucows: Sold .Marketing & .Media New gTLD Applications For “A Substantial Sum”
In its earnings call today Tucows.com (TCX) said that they sold two of their new gTLD applications for a "Substantial Sum" that will be reflected in its YummyNames.com subsidiary revenue in the third quarter of 2013. Tucows.com which was one of the applicants for .Media and .Marketing but withdrew their application for both, and combined with Unregistry's withdrawn for the same two strings, … [Read more...]
Tucows Reports: Revenue Increases 11%; Sells Over $1 Million In Domain Names
Tucows.com reported its financial results for the 2nd Quarter ending June 30, 2013. Net revenue for the second quarter of 2013 increased 11% to a record $31.2 million from $28.2 million for the second quarter of 2012. Net income for the second quarter of 2013 was $0.6 million, or $0.01 per share, compared with $0.7 million, or $0.02 per share, for the second quarter of 2012. Cash and cash … [Read more...]
RBC: Demand Media New gTLD Initiative Could Be Worth More Than Its Registrar Business: enom.com, name.com
RBC issued an Equity Research Report today on Demand Media, Inc., the day after Demand Media, Inc, reported its second quarter earnings. Demand Media announced during the earnings report and the earnings call that followed that Google's Search algorithm continues to impact Demand's owned and operated site traffic negatively and to a greater extent than captured in estimates. Shares of … [Read more...]
ICANN Sends Notice Of Breach Of RAA To PacNames.com (Again)
ICANN has sent a notice to Pacnames Ltd. of Auckland 1052 New Zealand A Notice of Breach of the Registrar Accreditation Agreement (RAA): ""Please be advised that as of 5 August 2013, Pacnames Ltd. (“Pacnames”) is in breach of its Registrar Accreditation Agreement with the Internet Corporation for Assigned Names and Numbers (“ICANN”) dated 26 February 2012 (“RAA”). These breaches result … [Read more...]
ICANN Will Start Enforcing the New Expired Registration Recovery Policy (“ERRP”) At The End Of The Month
On August 31, 2013 ICANN will start enforcing the new Expired Registration Recovery Policy ("ERRP") . The ERRP is expected to promote better understanding of registrants' options and help alleviate common issues related to the expiration of gTLD registrations. This policy is intended to help align registrant expectations with registrar practices by establishing certain minimum communications … [Read more...]