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Green is comin' :)
I'm in if you are *:)...
Pre-earnings should be fun.
AsiaInfo Target Raised To US$37 From US$24.60 By Yuanta
Just hung up with *Carol DeGuzman… “it was an inadvertent mistake and we are working w/ NASDAQ to get the issue resolved within a couple of weeks”.
Bad timing and bad mistake…
*Carol DeGuzman
510-204-7270
$50M in gain...
Sunrise Completes Sale of 21-Community Portfolio
MCLEAN, Va., Nov. 18 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) today announced that it has completed the sale transaction for 21 wholly owned assisted living communities, located in 11 states, with BLC Acquisitions, Inc., an affiliate of Brookdale Senior Living Inc. (NYSE: BKD), or its assignees, for $204 million. At closing, Sunrise received approximately $60 million in net proceeds after payment or assumption of approximately $134 million of mortgage loans, the posting of required escrows, various prorations and adjustments, and payments of expenses by Sunrise. As previously disclosed, Sunrise will use $25 million of the proceeds to pay down its bank credit facility and will place $20 million into a collateral account for the benefit of other creditors.
During the nine months ended September 30, 2009, the 21 communities contributed $13.9 million of net loss to Sunrise (composed of $59.0 million of operating revenue, $42.7 million in operating expenses, $22.5 million in impairment charges, $4.5 million in depreciation expense and $3.2 million in interest expense). Sunrise expects to record a gain of approximately $50 million in connection with the closing of this transaction.
http://phx.corporate-ir.net/phoenix.zhtml?c=115860&p=irol-newsArticle&ID=1357107&highlight=
Coverage initiated on XOMA Limited by Canaccord Adams
http://www.finviz.com/quote.ashx?t=XOMA
Oppenheimer initiates coverage on TeleCommunication Systems (Nasdaq: TSYS) with an Outperform rating. Price target $11.
Berkshire quarterly net income more than doubles
By Alistair Barr
SAN FRANCISCO(MarketWatch) -- Berkshire Hathaway (BRK.A 102,690, +790.00, +0.78%) (BRK.B 3,419, -6.00, -0.18%) said late Friday that third-quarter net income more than doubled as the insurance-focused conglomerate run by Warren Buffett benefited from a rebound in the value of its large equity investments and derivatives exposures. Third-quarter net income came in at $3.24 billion, or $2,087 per Class A equivalent share, versus $1.06 billion, or $682 per Class A equivalent share, a year earlier. Operating earnings, which exclude investment and derivative gains and losses, were $2.06 billion, or $1,325 per Class A equivalent share, in the latest period. That was slightly lower than a year earlier.
http://www.marketwatch.com/story/berkshire-quarterly-net-income-more-than-doubles-2009-11-06?siteid=yhoof2
Yes, .28 and .22 were "good things" and took a lot of "patience". I'm wondering why Doug and his group didn't advise the true longs to abort and not sit here under Caveat Emptor. Do you know?
AsiaInfo Holdings target raised to $29 from $25 at PacCrest
Shares remain Outperform rated.
Nice job w/ JOEZ :) When you get a chance, take a look at BEE.
Thanks for the note, Red :) Congrats to you too… it took some patience but it paid off buying when nobody wanted it :)
52 Week High = 1.28!
Whizzed by June high of $86.00… go RIMM!
My target is 100 USD too but I think I'll unload some in the 90's just to make sure :)
Pretty breakout - we're headed to 86 then to 90's :)
Nice breakout = looking for 30's.
Agreed... every word of it :)
Sohu.com Announces Launch of 'Blade Hero 2' by Changyou.com
6:00a ET September 9, 2009 (PR NewsWire)
Sohu.com Inc. (Nasdaq: SOHU), China's leading online media, communications, search, online games and mobile value-added services company, today announced that its massively multi-player online role-playing game ("MMORPG") subsidiary, Changyou.com Limited ("Changyou") (Nasdaq: CYOU), has launched Blade Hero 2, a new 2.5D martial arts-style fighting massively multi-player online role-playing game.
Blade Hero 2, created as a sequel to Changyou's existing game Blade Online, features a fighting and team-combat system that allows players to experiment with authentic fighting techniques and weapons from different sects of martial arts, including the use of hidden weapons, as well as deploy Chinese combat strategies in battles. Blade Hero 2 also employs Changyou's dynamic graphic technology, which can exhibit detailed fighting moves and other special effects to enhance the virtual fighting experience.
Dr. Charles Zhang, Sohu's chairman and chief executive officer, said, "We are pleased to announce the launch of Blade Hero 2, which supports our strategy to further diversify our game portfolio. Blade Hero 2 includes popular features, and we expect the game to further expand our user base."
Blade Hero 2 began its ultimate closed beta testing today and is now publicly available for game players to download. All game account data will be saved permanently without cancellation.
About Changyou
Changyou.com Limited's ("Changyou") (Nasdaq: CYOU) massively multi-player online role-playing games ("MMORPG") business began operations as a business unit within Sohu.com Inc. (NASDAQ: SOHU) in 2003. Changyou was carved out as a separate, stand-alone company in December 2007 and is now a leading developer and operator of online games in China and completed an initial public offering on April 7, 2009. Changyou currently operates three online games, including the in-house developed Tian Long Ba Bu, one of the most popular online games in China, and the licensed Blade Online and Blade Hero 2. Changyou's pipeline games include the licensed Immortal Faith, Legend of the Ancient World, and the in-house developed Duke of Mount Deer, which received an award as one of China's most anticipated online games. Changyou's leading technology platform includes an advanced 2.5D graphics engine, a uniform game development platform, effective anti-cheating and anti-hacking technologies, proprietary cross-networking technology and advanced data protection technology. For more information about Changyou, please visit http://www.changyou.com/en/ .
About Sohu.com
Sohu.com Inc. (NASDAQ: SOHU) is China's premier online brand and indispensable to the daily life of millions of Chinese, providing a network of web properties and community based/web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination http://www.sohu.com ; interactive search engine http://www.sogou.com ; #1 games information portal http://www.17173.com ; the top real estate website http://www.focus.cn ; #1 online alumni club http://www.chinaren.com ; wireless value-added services provider http://www.goodfeel.com.cn ; leading online mapping service provider http://www.go2map.com ; and developer and operator of online games http://www.changyou.com .
Sohu corporate services consist of brand advertising on its matrix of websites as well as paid listing and bid listing on its in-house developed search directory and engines. Sohu also offers wireless value-added services such as news, information, music, ringtone and picture content sent over mobile phones. The Company's massively multiplayer online role-playing game (MMORPG) subsidiary, Changyou.com (NASDAQ: CYOU), currently operates three MMORPGs, Tian Long Ba Bu, Blade Online and Blade Hero 2. Sohu.com, established by Dr. Charles Zhang, one of China's internet pioneers, is in its thirteenth year of operation.
Safe Harbor Statement
This announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the current global financial and credit markets crisis and its potential impact on the Chinese economy, the slower growth the Chinese economy experienced during the latter half of 2008, and first half of 2009 which could continue through the remainder of 2009, the uncertain regulatory landscape in the People's Republic of China, fluctuations in Sohu's quarterly operating results, EPS dilution resulting from Changyou's initial public offering, Sohu's historical and possible future losses, and its reliance on online advertising sales, online games and wireless services (most wireless revenues are collected from a few mobile network operators) for its revenues. Further information regarding these and other risks is included in Sohu's annual report on Form 10-K for the year ended December 31, 2008, and other filings with the Securities and Exchange Commission.
For investor and media inquiries, please contact: In China: Mr. James Deng Senior Finance Director Sohu.com Inc. Tel: +86-10-6272-6596 Email: ir@contact.sohu.com Ms. Cathy Li Ogilvy Financial, Beijing Tel: +86-10-8520-6104 Email: cathy.li@ogilvy.com In the United States: Ms. Jessica Barist Cohen Ogilvy Financial, New York Tel: +1-646-460-9989 Email: jessica.cohen@ogilvypr.com
SOURCE Sohu.com Inc.
http://www.changyou.com/en
This is what I've been waiting for :)...
Changyou.com Announces Launch of 'Blade Hero 2'
6:00a ET September 9, 2009 (PR NewsWire)
Changyou.com Limited ("Changyou" or the "Company") (Nasdaq: CYOU), a leading online game developer and operator in China, today announced that it has launched Blade Hero 2, the Company's new 2.5D martial arts-style fighting massively multi-player online role-playing game.
Blade Hero 2, created as a sequel to the Company's existing game Blade Online, features a fighting and team-combat system that allows players to experiment with authentic fighting techniques and weapons from different sects of martial arts, including the use of hidden weapons, as well as deploy Chinese combat strategies in battles. Blade Hero 2 also employs the Company's dynamic graphic technology, which can exhibit detailed fighting moves and other special effects to enhance the virtual fighting experience.
Mr. Tao Wang, Changyou's chief executive officer, said, "We are pleased to announce the launch of Blade Hero 2, which supports our strategy to further diversify our game portfolio. Blade Hero 2 includes popular features, and we expect the game to further expand our user base."
Blade Hero 2 began its ultimate closed beta testing today and is now publicly available for game players to download. All game account data will be saved permanently without cancellation.
About Changyou
Changyou.com Limited's ("Changyou") (NASDAQ: CYOU) massively multi-player online role-playing games ("MMORPG") business began operations as a business unit within Sohu.com Inc. (NASDAQ: SOHU) in 2003. Changyou was carved out as a separate, stand-alone company in December 2007 and is now a leading developer and operator of online games in China and completed an initial public offering on April 7, 2009. Changyou currently operates three online games, including the in-house developed Tian Long Ba Bu, one of the most popular online games in China, and the licensed Blade Online and Blade Hero 2. Changyou's pipeline games include the licensed Immortal Faith, Legend of the Ancient World, and the in-house developed Duke of Mount Deer, which received an award as one of China's most anticipated online games. Changyou's leading technology platform includes an advanced 2.5D graphics engine, a uniform game development platform, effective anti-cheating and anti-hacking technologies, proprietary cross-networking technology and advanced data protection technology. For more information about Changyou, please visit http://www.changyou.com/en/ .
Safe Harbor Statement
This announcement contains forward-looking statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. The Company cautions that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the current global financial and credit markets crisis and its potential impact on the Chinese economy, the slower growth the Chinese economy experienced during the latter half of 2008 and the first half of 2009, which could continue through the remainder of 2009, the uncertain regulatory landscape in the People's Republic of China, fluctuations in Changyou's quarterly operating results, Changyou's historical and possible future losses and limited operating history, and the Company's reliance on Tian Long Ba Bu as its major revenue source. Further information regarding these and other risks is included in Changyou's Registration Statement on Form F-1 originally filed on March 17, 2009 as amended through March 31, 2009, and other filings with the Securities and Exchange Commission.
For investor and media inquiries, please contact: In China: Ms. Angie Chang Investors Relations Manager Changyou.com Limited Tel: +86-10-5956-3358 Email: ir@cyou-inc.com Ms. Cathy Li Ogilvy Financial, Beijing Tel: +86-10-8520-6104 Email: cathy.li@ogilvy.com In the United States: Ms. Jessica Barist Cohen Ogilvy Financial, New York Tel: +1-646-460-9989 Email: jessica.cohen@ogilvypr.com
SOURCE Changyou.com Limited
http://www.changyou.com/en
RIMM looks good :)
Here's a nice piece by Jeff Andry on Seeking Alpha. Thanks Jeff ;)
http://seekingalpha.com/article/158516-joe-s-jeans-undervalued-stock-at-a-bargain-price?source=yahoo
Thank you for the notes :)
Happy Birthday, Titan! Have a shot ready for you at Crystal City Sports Pub ;)
Take a look at CRXX... let me know what you think. Thanks :)
Not too exciting today... let's see how we do this week :)
Bullish Harami last week... come on PALM :)
Watching this one too.
BTW - board marked :)
Looks like we'll have some fun this week :)
But HotStockAce, it held all day on 25th w/.10 and 26th w/.09.
EOD looked good :)
Vonage Jumps on Talk IPhone Feature Will Revive Sales (Update3)
By Amy Thomson and Jeff Kearns
Aug. 26 (Bloomberg) -- Vonage Holdings Corp. rose 36 percent in New York trading, completing its biggest three-day rally since going public in 2006, after the Internet-phone carrier submitted an application for Apple Inc.’s iPhone.
Vonage submitted the application this week, Natalie Kerris, a spokeswoman for Apple, said today in an interview. It hasn’t been approved yet because of a technical issue with the Vonage software, she said. The solution should be simple and relates to the labeling of an icon, said Charlie Sahner, a Vonage spokesman.
An application on a device as popular as the iPhone, which has sold almost 26.4 million units, may boost Vonage subscriber growth at Vonage and help revenue. The shares rebounded after plummeting to as low as 31 cents earlier this year from $17 at its initial public offering in May 2006.
“It would be significant because the iPhone is just growing so much and the extra revenue might be a big deal to Vonage, iPhone so that’s why the stock really shot up,” said Giri Cherukuri, head trader at Oakbrook Investments LLC in Lisle, Illinois.
Vonage advanced 58 cents to $2.17 at 4 p.m. in New York Stock Exchange composite trading, and has climbed almost fivefold this week. The stock continued to rise in late trading after markets closed, increasing 6 percent to $2.30 at 6:13 p.m. More than 81 million shares changed hands today, 63 times the daily average of the past six months.
Subscriber Defections
Vonage said sales fell 3.3 percent to $220 million last quarter after 89,000 subscribers defected. The Holmdel, New Jersey-based company has lost about 100,000 customers in the past year as subscribers opted for discounted digital-phone service offered by cable-television companies.
Vonage had been at risk of being delisted from the New York Stock Exchange, which requires stocks to have a price of $1 or more. Before this week, the company had traded under $1 since Dec. 19.
Less than 5.1 percent of Vonage shares available for public traded were sold short as of Aug. 14, according to data compiled by U.S. exchanges and Bloomberg. Were it in the Standard & Poor’s 500 Index, it would be the 175th most-shorted.
To contact the reporter on this story: Amy Thomson in New York at athomson6@bloomberg.net
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aiWGi12K_Rt4
No, I haven't been to Yoido.
It's projected to be hitting 3.2 percent net household savings rate in 2010 and the average is 8.5 percent :(