According to the Wall Street Journal Demand Media has raised $151 million by offering 8.9 million shares at $17, above its expected range of $14 to $16. The company originally filed to…
Category: Publicly Traded Domain Co
Demand To Go Public Tomorrow
According to several reports Demand Media is going public tomorrow (another report here). With a target price of between $14-$16 a share, I got a call today from a broker who said…
Yahoo Search Revenue Down 27% & They Cut 1% Of WorkForce
Yahoo reported earnings after the market closed today. Yahoo had net revenue of $1.21 billion, down 4% drop from the 4th quarter of 2009. 4th Q net income rose to $312 million,…
Google: Content Farms & Mini-Sites We Are Gunning For For You
Today Matt Cutts who is the Principal Engineer at Google, posted on Google’s blog that they was gunning to eliminate junk sites, including what many would refer to as mini-sites and content…
Google: Revenues Up 26%; Paid Clicks Up 22%; Cost Per Click up 5% & Eric Schmidt Is Out as CEO
After the market closed today Google reported earnings for the 4th Quarter of 2010 ending on December 31, 2010. Google reported revenues of $8.44 billion for the quarter ended December 31, 2010,…
QuinStreet Hits $1 Billion Dollars In Market Cap
Just 10 months after starting trading at $15 a share, QuinStreet, the company that bought, Insurance.com, CarInsurance.com and Insure.com has hit an all time high of $23.40 a share today (current sitting…
DemandMedia Files Amended Prospectus, Now Looking To Raise $138 Million & Prices Its IPO
According to the New York Times, Demand Media in an amended prospectus with the SEC yesterday. In the document, Demand Media says it hopes to raise $138 Million dollars and price its…