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AOL to Think Locally After Spin-Off

53 minutes ago ago from Scott Briscoe Digital Marketing Blog

On eve of split with Time Warmer, CEO Armstrong details how AOL will contend with the likes of CitySearch, Yelp, and Google. Read the rest here: AOL to Think Locally After Spin-Off

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ECU Silver Closes $12 Million Private Placement of Special Warrants

5 hours ago ago from BabyBullTwits

In a press release this afternoon, ECUĀ Silver Mining Inc. (TSX: ECU) announced the closing of a private placement of special warrants for total gross proceeds of approximately $12.2 million. The size of the offering was increased due to the strong market support for the offering. A total of 16,946,000 special warrants were issued at a price of $0.72 per special warrant. Each special warrant entitles its holder to acquire upon exercise ...

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Hyperdynamics Corp. (HDY) to Sell Stock | Stock Market News Stocks to Watch from StraightStocks

15 hours ago ago from Stock Market News & stocks to watch from StraightStocks

Hyperdynamics Corp. recently said that it signed an agreement to issue 7.22 million shares of common stock at a price of $0.90 to several different institutional investors. The company would realize gross proceeds of $6.5 million before expenses. Hyperdynamics Corporation also issued warrants to these investors that entitle the holders to buy an additional 3.25 million shares at a price of $0.98. The warrants must be exercised over a ...

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BAC Common Equivalent - .0467 of a share for $.01

12 hours ago ago from Displaced EMA

The BAC common equivalent security doesn't seem to be a bad deal. It looks like .0467 of a share could be purchased from $.01. If you do the math and multiply both sides by 10,000 to figure it out - it appears that 467 shares could be had from $100 dollars. That works out to a share price of $4.67 per share for the warrants. Not bad, considering that the stock is currently trading around $15.00 or so. The details of the exercise seem ...

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Quick Hits 12.09.09

8 hours ago ago from paidContent

Time Warner believes it can get more revenue out of TMZ once it takes the site over from AOL ( NYSE: TWX ). [ LA Times ] Union Square VC's Fred Wilson doesn't think Vevo can work in its current incarnation. [ A VC ] Newspaper execs at the UBS media conference are trying to put a positive spin on grim news 2009 is shaping up to be the lowest ad sales-producing year since 1986. [ Newsosaur ] Howard Stern is considering his ...

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The new AOL faces a tough fight

20 hours ago ago from CNN Money

Tim Armstrong's AOL is about to be a standalone company for the first time since 2001. Since its 2001 merger with AOL, Time Warner's stock has fallen by nearly 75%. These tech-world luminaries - photographed during our recent Brainstorm Tech conference - aren't just changing the game; they've defined it. Photographs by Robyn Twomey. NEW YORK (CNNMoney.com) ...

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You're Not Gonna Like The Way This Looks

19 hours ago ago from Forbes.com

Men's Wearhouse Q4 Forecast Falls Short Men's suits retailer The Men's Wearhouse, Inc. ( MW - news - people ) late Tuesday reported a 35% jump in third-quarter profit, but its fourth-quarter forecast badly missed expectations, sending its shares lower. The Houston-based company reported third-quarter net income of $19.7 million, or 37 cents per share, compared with $14.6 million, or 28 cents per share, in the year-ago period. Revenue ...

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Novavax closes offering for 6.8 million shares

14 hours ago ago from Good News Now

ROCKVILLE, Md. -Biotech drug developer Novavax Inc. said Wednesday it closed a public offering for 6.8 million shares of common stock. The company announced the offering, at $3.30 per share, Nov. 20. At the time, it was a 12 percent discount to the stock's prior closing price of $3.77 per share. Novavax said it will use net proceeds of $21 million to fund research and development, capital expenses, and for general corporate purposes. Piper ...

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The Hanover Insurance Group, Inc. Announces a $100 Million Increase in its Share Repurchase Program and $100.6 Million Accelerated Share Repurchase

17 hours ago ago from Good News Now

WORCESTER, Mass., Dec. 9 /PRNewswire-FirstCall/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has authorized a $100 million increase to the company's existing share repurchase program. The program initially was authorized by the board in October 2007 and increased in size in September 2009, allowing for the repurchase of up to $200 million of the company's outstanding common stock. This most ...

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Google's new PowerMeter aims to help everyone save energy

11 hours ago ago from DailyFinance

Just in time for the Copenhagen climate summit, Google ( GOOG ) is pushing the new PowerMeter software developed by the company's foundation, Google.org. The search company describes the tool by saying "Google PowerMeter is a free electricity usage monitoring tool that provides you with information on how much energy your home is consuming. Google PowerMeter receives information from utility smart meters and in-home energy management ...

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