-
Top 4 Stocks In The Marketing Services Industry With The Highest ROE
Thursday, September 27, 2012 - 1:48am | 125Below are the top marketing services stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Arbitron (NYSE: ARB) is 54.45%. Arbitron's profit margin for the same period is 13.11%. The trailing-twelve-month return on equity at Valassis...
-
Local Corp Reiterates Q3 Guidance
Wednesday, September 26, 2012 - 8:26am | 90Local Corporation (NASDAQ: LOCM), a leading online local media company, today reiterated its expectations for the third quarter 2012 ending Sept. 30, 2012. In line with the company's previous guidance, Local Corporation expects third quarter 2012 revenue to be approximately $24.5 million, an...
-
Morning Market Movers
Thursday, September 20, 2012 - 1:53pm | 162Shares of Apogee Enterprises Inc (NASDAQ: APOG) advanced by 16.46% to $20.52 at 10.05 EDT. The company had on Wednesday reported a return to profits in its fiscal second quarter driven by improved revenues and reduced expenses. Shares of Cyclacel Pharmaceuticals Inc (NASDAQ: CYCCP) rose by 16.86%...
-
Liquidity Services Receives 12 Month Contract Extension
Thursday, September 13, 2012 - 4:02pm | 159Liquidity Services (NASDAQ: LQDT), which operates leading online marketplaces for corporate and government surplus and salvage assets, today announced that the U.S. Defense Logistics Agency (DLA) has exercised the second of two potential 12-month extension periods under its Surplus Useable Property...
-
Morning Market Movers
Thursday, September 13, 2012 - 10:25am | 114RiT Technologies Ltd (NASDAQ: RITT) shares surged 14.34% to $6.30 at 10:20 am. RiT Technologies has reached the final development stage of PV+, its new IIM hardware family. Ampal-American Israel (NASDAQ: AMPL) jumped 11.90% to $1.41. Ampal-American Israel shares have dropped 80.91% over the past...
-
PEEK Says 5.04M Shares Tendered as of September 12
Thursday, September 13, 2012 - 9:52am | 82PEEK Investments LLC today announced the extension of its third-party tender offer to purchase all of the outstanding shares of common stock of LookSmart, Ltd. (Nasdaq: LOOK) for $1.00 per share in cash. As extended, the tender offer is currently scheduled to expire at 5:00 P.M., New York time, on...
-
Benzinga's Top Initiations
Wednesday, September 12, 2012 - 7:45am | 136Morgan Stanley initiated coverage on shares of CarMax (NYSE: KMX) with an “overweight” rating. CarMax's shares closed at $32.21 yesterday. CarMax's PEG ratio is 1.44. Citigroup initiated coverage on shares of Renren (NYSE: RENN) with a “sell” rating. Renren's stock closed at $3.77 yesterday....
-
Limlight Receives Favorable Appeals Court Decision
Friday, August 31, 2012 - 2:10pm | 116Limelight Networks (Nasdaq: LLNW), a leader in Digital Presence Management, today released the following comment regarding today's Court of Appeals for the Federal Circuit en bank opinion in the ongoing litigation with Akamai. "Today's Court of Appeals for the Federal Circuit en bank opinion in...
-
Looksmart Responds to Extension of Unsolicited Offer, Says $1 per Share is Not in Investor Interest, Looking for Interest Above $1
Thursday, August 30, 2012 - 8:38am | 177LookSmart (Nasdaq: LOOK), an online advertising network solutions company, today issued the following statement regarding PEEK Investments LLC's ("Peek") decision to extend, for a second time, its unsolicited tender offer to acquire shares of LookSmart for $1.00 in cash per common share. The...
-
Peek Extends Third-Party Tender Offer to September 12
Monday, August 27, 2012 - 8:38am | 127PEEK Investments LLC today issued the following statement: PEEK has received tenders for a number of shares of LookSmart, Ltd. (Nasdaq: LOOK) which, together with the shares owned by PEEK and its affiliates, represents a majority of the total shares outstanding. Unfortunately for shareholders,...
-
LookSmart Adopts Short-Term Stockholder Rights Plan
Thursday, August 23, 2012 - 4:04pm | 59LookSmart, Ltd. (Nasdaq: LOOK), an online advertising network solutions company, today announced that its Board of Directors unanimously approved the adoption of a stockholder rights plan (the "Rights Plan"), under which all LookSmart stockholders of record as of September 2, 2012 will receive...
-
Local Corporation Releases "Launch by Local"
Wednesday, August 22, 2012 - 7:37am | 106Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the release of “Launch by Local” (“Launch”) its new, full-service digital marketing and advertising solution for small and medium-sized businesses (SMBs). Launch is a...
-
5 Marketing Services Stocks With The Lowest PEG Ratio
Monday, August 20, 2012 - 7:20am | 118Below are the top marketing services stocks in terms of PEG ratio. Valassis Communications (NYSE: VCI) has a PEG ratio of 0.92. Valassis Communications' trailing-twelve-month ROE is 23.54%. AirMedia Group (NASDAQ: AMCN) has a PEG ratio of 0.97. AirMedia's trailing-twelve-month ROE is -5.62%....
-
LookSmart Responds to Extension of Unsolicited Tender Offer by PEEK Investments
Wednesday, August 15, 2012 - 8:35am | 129LookSmart (Nasdaq: LOOK) today responded to the press release issued by PEEK Investments, LLC (PEEK) on August 13, 2012, in which PEEK announced the extension of its unsolicited tender offer to acquire LookSmart for $1.00 per share in cash. Specifically, LookSmart noted that PEEK did not report in...
-
PEEK Extends Tender Offer for Shares of Looksmart; Says 4.97M Shares Deposited
Monday, August 13, 2012 - 9:05am | 94PEEK Investments LLC today announced that, as requested by a number of shareholders of LookSmart, Ltd. (Nasdaq: LOOK) and after discussions with the Lead Independent Director of LookSmart, PEEK has extended its third-party tender offer to purchase all of the outstanding shares of common stock of...