Thomson Reuters announced last November that they were exploring options for their Intellectual Property & Science unit. Today they made a deal with private equity firms Onex Corp and Baring Private Equity Asia for $3.55 billion in cash. The IP & Science unit is headquartered in my hometown of Philadelphia. The division contributed about 8 […]
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Endurance Intl Plummeting On News Report the Stock is worth 0
Gotham City Research put out a report that disclosed, among other things, that: (1) 40%-100%+ of EIGI’s reported profits are suspect; (2) the Company’s organic growth was overstated; and (3) the Company’s revenues per Indian filings are 30%-67% lower than reported in the United States. On this news, shares of EIGI fell $4.94 per share, […]
Continue ReadingGo Daddy opens at $26.15 up over 30%
Go Daddy is out the gate and opened at $26.15 up over 30%, the stock hit a high of $26.84 Leave a comment as to where you think the stock closes.
Continue ReadingA look at publicly traded domain company performance in 2013
By: Raymond Hackney 2013 was a good year for a number of publicly traded companies that operate in the domain space. Below is a look at some companies and how much they were up percentage wise in 2013. TLDH edged out Mchx by a few percentage points for top gainer. Marchex has started off 2014 […]
Continue ReadingHow domain related companies fared in a big market sell off today
Demand Media, symbol DMD has its relationship to domaining through its ownership of ENOM. The stock traded at a new low of $8.27 before closing at $8.46. Marchex Inc., symbol MCHX a large internet advertising play and the company that purchased the domain portfolio of Yun Ye for $165 million, traded off 5.3% to close […]
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