Google just leaked its earnings today unintentionally early in a SEC filing and the street doesn't like the news (they were suppose to be released after the market closed today). Excluding sales passed to partner sites, revenue was $11.3 billion. Analysts on average had estimated profit of $10.65 a share on sales of $11.8 billion. The company earned $9.03 per share in the third quarter, … [Read more...]
Directi’s Media.net Teams Up With Yahoo To Launch Yahoo! Bing Network Contextual Ads
Yahoo! (NASDAQ:YHOO) and Media.net announced today "a long-term agreement to launch Yahoo! Bing Network Contextual Ads, powered by Media.net." "The program aims to provide web publishers with a powerful and effective new solution for earning advertising revenue." "Publishers can now use the Media.net platform to create and customize ad units that display relevant text ads from across the Yahoo! … [Read more...]
Shares of Google Hits All Time High
Shares of Google (Goog) traded as high as $748.99 today passing the previous all time high of $747 back in 2007. It was just a couple of weeks ago we posted that Google shares had hit $700 an amount not seen since 2007. So Google is on a tear up over 6% just since our post on September 7th. At the time of publication Google is up over $12 a share at $746.76 … [Read more...]
Google Shares Back Over $700
Shares of Google.com are up almost $10 as the time of publication breaking the $700 mark for the 1st time since 2007. Google all time high is $747 a share in 2007. Google's 52 week low is $480 a share. … [Read more...]
Google Ads Planner Changes Go Into Effect On September 5th & They Don’t Sound Good
According to SearchEngineWatch.com, Google Ad Planner customers have been receiving email notifications that changes are coming to the tool September 5. Including that users will no longer be able to research domains or ad placements that are not part of the Google Display Network. Demographic data is being reduced. Users will no longer have access to Keywords Searched For, Videos Also … [Read more...]
Class Action Lawfirm “Investigating” Demand Media, Inc. To See If It “Violated Securities Laws”
According to a press release, a class action lawfirm, Branham Law, LLP, "announced today it is investigating Demand Media, Inc. (NYSE: DMD) to determine whether it has violated securities laws by issuing false and misleading statements to its shareholders." "This investigation is a result of disclosures made about changes to Google’s search engine methodologies that have significantly reduced … [Read more...]
Report: IAC Gets Into Bidding War With Answers.com Over About.com & Demand Maybe Interested Too
According to a report from Reuters.com today Bary Diller's IAC is getting into a bidding war with Answers.com over About.com and Demand Media, Inc. may have interest in About.com as well. Reuters.com is saying that Interactive corp (IAC) submitted an offer in excess of $300 million to buy About.com from the New York Times Co. Answers.com reportedly offered $270 million a week ago. The … [Read more...]