New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 21, 2014
08:05 EDTBCOR, GOOG, YHOOBlucora renews Google contract with three year extension
Blucora (BCOR) disclosed in a regulatory filing last night that its subsidiary InfoSpace entered into the Google Services Agreement with Google (GOOG). The term of the GSA begins on April 1, 2014 and runs to March 31, 2017, and accordingly it will replace the companies' prior agreement when the prior agreement expires in accordance with its terms on March 31, 2014. In addition, the term of the GSA may be extended until March 31, 2018 upon the mutual agreement of the parties. Under the terms the GSA, InfoSpace can display search results and advertisements from Google on InfoSpace’s owned and operated search websites and provide Google search results and advertisements to the websites in InfoSpace’s distribution network. Google pays InfoSpace a percentage of the revenue collected by Google as a result of Internet users clicking on advertisements provided by Google and displayed by InfoSpace and its distribution partners. In general, the material terms of the Prior Agreement and the GSA are similar, Blucora said. However, beginning on April 1, 2014, InfoSpace will no longer display ads provided by Google’s AdSense for Search for search traffic that originates from mobile and tablet devices. For this mobile and tablet traffic, InfoSpace instead intends to display mobile advertisements from other sources, including Yahoo!’s (YHOO) ad network. "While the impact of this change is limited to a relatively small subset of our current search business and may be partially offset by the alternative advertising sources, we expect this change will result in slowing of InfoSpace’s search business revenue growth rate and, if we are unsuccessful or limited in our ability to transition our search services to provide value to mobile and tablet end-users, this change may result in a longer term negative impact on InfoSpace’s search business," Blucora said. InfoSpace will continue to display ads provided by Google’s AdSense for Search for search traffic that originates from desktops and laptops. This traffic constituted approximately 85% of the revenue generated by InfoSpace’s search business in 4Q13, and the revenue share percentages that determine the payments that InfoSpace receives from Google for this traffic remain unchanged from the prior agreement. The other changes in the GSA consist of revisions to Google’s form of service agreement, minor changes to the legal terms, and updates to reflect changes in the relationship since the prior pact was signed in 2005 and these other changes are not expected to materially affect InfoSpace’s operations or financial results, Blucora stated.
News For BCOR;GOOG;YHOO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
October 20, 2014
09:36 EDTGOOGActive equity options trading on open
Subscribe for More Information
09:31 EDTGOOGRobinhood.org to hold conference
Subscribe for More Information
07:29 EDTYHOOYahoo weekly volatility increases into Q3 and capital outlook
Subscribe for More Information
06:49 EDTYHOOTumblr, TV shows collaborate to broaden reach, NY Times says
Subscribe for More Information
06:26 EDTYHOOYahoo to unveil turnaround, M&A strategy, WSJ reports
Subscribe for More Information
06:22 EDTGOOGYouTube's Robert Kyncl considering leaving company, NY Post reports
Subscribe for More Information
06:01 EDTGOOGGoogle's Hiroshi Lockheimer overseeing Android, Chrome engineering, WSJ says
Subscribe for More Information
October 17, 2014
16:55 EDTGOOGStocks end volatile week lower amid oil price plunge
Subscribe for More Information
13:16 EDTYHOOYahoo weekly volatility elevated into Q3 and capital utilization outlook
Subscribe for More Information
12:17 EDTYHOOMark Cuban says buying Netflix shares, sees company as M&A target
Subscribe for More Information
09:38 EDTGOOGActive equity options trading on
Subscribe for More Information
07:53 EDTGOOGFBI Director urges Apple, Google to change course on encryption, WSJ says
FBI Director James Comey, making his most extensive statements to date on encrypted phones and operating systems in a speech at the Brookings Institution, urged Apple (AAPL) and Google (GOOG) to “take a step back, to pause to consider, I hope, a change of course,’’ and called on lawmakers to update federal rules on how the government can intercept and monitor communication, reported The Wall Street Journal. Reference Link
07:47 EDTGOOGGoogle exec confident in improving YouTube ad sales, BI reports
Subscribe for More Information
07:37 EDTGOOGGoogle price target lowered to $600 from $670 at BofA/Merrill
Subscribe for More Information
07:24 EDTGOOGMacquarie continues to recommend Google for long-term holders
Subscribe for More Information
06:47 EDTGOOGGoogle price target lowered to $620 from $650 at Cantor
Cantor Fitzgerald lowered its price target for Google shares to $620 saying higher operating expenses and elevated Capex pressured margins and earnings in Q3. The firm views the current valuation as attractive and keeps a Buy rating on Google.
06:23 EDTGOOGGoogle price target lowered to $675 from $725 at Pacific Crest
Pacific Crest lowered its price target for Google shares to $675 citing expectations for a higher tax rate following the company's Q3 results. The firm thinks shares are attractively valued at current levels and keeps an Outperform rating on Google.
06:18 EDTGOOGGoogle price target lowered to $652 from $684 at Citigroup
Citigroup lowered its price target for Google (GOOGL) shares to $652 following the company's Q3 results and keeps a Buy rating on the name. Citi calls the results "relatively good."
06:13 EDTGOOGLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMH’s watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
05:44 EDTGOOGGoogle growth story remains intact, says Piper Jaffray
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use