Today we a pretty light day in the market, volume was down and the dow pretty much unchanged. However 3 notable stock developments today Google, part of our Domain Stock Parking Index was up over 10 points to over $700 share Baidu, also part of our Domain Stock Parking Index was up almost 20 points just short of $400 a share. The index itself is also up over 600 when it was as low as … [Read more...]
PPC Companies Agree to Pay Fine for Gambling Ads
Microsoft, Google and Yahoo agreed to pay a civil fine totaling 31.5 million dollars for carrying PPC ads for gambling, going back to 2000. Microsoft paid 21 million, Yahoo share was 7.5 million and Google paid 3 million, less than half of its average daily profit of 11 million dollars. All three companies stopped accepting and serving ads for gambling last year. Full … [Read more...]
FTC OK’S Google DoubleClick Deal
The FTC said today that they will NOT block the proposed acquisition of Double Click by Google for 3.1 Billion Dollars saying that the deal is "unlikely to substantially lessen competition" Full Story … [Read more...]
Communicate.com Added to Domain Parking Stock Index
Communicate.com (CMNN) located in Vancouver Canada, and traded on the NASD, OTCBB. Communicate.com owns many impressive domains … [Read more...]
Tucows Added to Domain Parking Stock Index
We have added Tucows (TCX) to the Domain Parking Stock Index.Tucows is one of the top five domain registrars in terms of numbers of domain registrations.Tucows also offers parking programs for domains. The Parked Pages Program which Tucows share's revenue with domain owners and the Expired Domains Program which it parks expired domains.According to Tucows announcement of November 19, 2007, it … [Read more...]
Baidu breaks $400 a share
Baidu.com broke through the $400 a share level today. After hitting its high of $429 in late October it fell as low as $300 a share just a few weeks ago. For those unfamiliar with Baidu, it is the leading search engine in China. According to reports Baidu had 61.5% of the search market in China in the third quarter up from 58.1% in the previous quarter. Google is the second largest … [Read more...]
Domain Parking Stock Index
We have created what we are calling the Domain Parking Stock Index. The index which is a weighted based on market cap, includes publicly traded companies which either have large domain portfolio's or which make a substantial part of their income from "parked" domains. The initial index includes Google, Inc. (goog), Yahoo, Inc. (yhoo), Baidu.com, Inc. (bidu), Dark Blue Sea (dbs.ax), Marchex, Inc. … [Read more...]