Archive for the ‘Internet Stocks’ Category

STOCKS NEWS SINGAPORE-Property shares fall after strong data

Singapore's main index edged lower, with property stocks bearing the brunt on market worries the government might come up with new measures to rein in the buoyant residential property sector.

The benchmark Straits Times Index <.FTSTI. Asian markets eased due to euro zone debt woes.

Shares of CapitaLand, Southeast Asia's > was down 0.5 percent to 2,978.1 points, after a higher openlargest property developer, fell 1.4 percent, while its rival City Developments Ltd shed 1.4 percent.

Among gainers, K-REIT Asia gained 3.2 percent to S$0.97, its highest in six months, boosted by a doubling of first quarter distribution per unit and upbeat broker reports.

1405 (0605 GMT)

(Reporting by Harry Suhartono in Singapore;harry.suhartono@thomsonreuters.com)

**********************************************************

13:09 STOCKS NEWS SINGAPORE-Strong property sales heighten policy risk

Brokers expect booming private residential property sales in Singapore, especially in the mass market segment, to result in the government imposing another round of tightening measures.

"The bulk of the strong volumes represent demand for small mass market units that are substantially investment-driven in our view," CIMB Research said.

Link:
STOCKS NEWS SINGAPORE-Property shares fall after strong data

Stocks decline after uninspiring earnings

By msnbc.com news services

Stocks declined Wednesday after uninspiring earnings from IBM and Intel, while Chesapeake Energy sank after a Reuters report highlighted that its CEO has taken out large and unusual personal loans.

Chesapeake Energy fell and was the most actively traded stock on the New York Stock Exchange after a Reuters report that CEO Aubrey K. McClendon did not disclose loans of as much as $1.1 billion over the last three years against his stake in thousands of the company's oil and natural gas wells.

International Business Machines Corp and Intel Corp were among the biggest drags on the Dow. IBM missed its revenue forecast, while investors said Intel's results failed to make a "bull case" for the stock.

The lackluster reports from the two technology heavyweights came at the start of what has so far been a strong earnings season. The S&P 500 had its best day in a month on Tuesday as Coca-Cola Co led the day's round of solid earnings and concerns eased over the euro zone debt crisis.

Bruce Bittles, chief investment strategist at Robert W. Baird & Co in Nashville, Tennessee, expects the market to continue its back-and-forth moves, possibly trending lower in the second quarter after strong gains earlier in the year.

"A consolidation or correction phase in the second quarter would make the most sense, and probably it would be the most healthy thing for the market," he said.

On the earnings front, 22 companies in the S&P 500 were expected to report results on Wednesday, according to Thomson Reuters data. Of the 56 S&P 500 companies reporting through Wednesday morning, 79 percent beat Wall Street's estimates.

"Investors should not overreact to positive news nor should they be overreacting to really what could be viewed as isolated earnings reports. One report does not make a trend, unfortunately," said Tim Speiss, a partner at EisnerAmper in New York.

Yahoo Inc gained ground a day after reporting that quarterly revenues rose in the first quarterly sales growth in three years, as the new CEO outlined plans to revamp the struggling Internet media company.

The rest is here:
Stocks decline after uninspiring earnings

Stocks to Watch: eBay, Qualcomm, Yahoo!

NEW YORK -- eBay EBAY , the online auctioneer, is expected by analysts Wednesday to report first-quarter earnings of 52 cents a share on revenue of $3.15 billion. Think Equity is bullish on eBay, and it is expecting both PayPal and the company's Marketplaces businesses to do well. "We believe eBay will report 1Q12 results that are above our projections on revenue and in line on pro forma earnings per share," said the firm in a preview of eBay's results. "Intra-quarter channel checks across Marketplaces have come back largely positive and we believe the extra shopping day in February and mix-shift to fixed price should help overall growth." Qualcomm QCOM , the wireless chipmaker, is expected to post fiscal second-quarter earnings of 96 cents a share on revenue of $4.84 billion. Five Down-Days Doesn't Make a Bad Apple Yahoo! YHOO posted better-than-expected first-quarter results. Yahoo! earned 23 cents a share on revenue of $1.08 billion. Analysts were expecting profit of 17 cents a share on revenue of $1.06 billion. The Internet company also gave stronger-than-expected second-quarter revenue guidance. On the Yahoo! conference call Tuesday, CEO Scott Thompson announced the company is cutting 50 properties, but didn't say which properties were being unloaded. Thompson was also asked about the sale of its Asian assets, and noted that Yahoo! is "continuing to pursue active discussions with Alibaba." Five Down-Days Doesn't Make a Bad Apple Intel INTC topped Wall Street's first-quarter expectations but forecast a decline in gross margins in the second quarter. Intel reported non-GAAP earnings of $2.9 billion, or 56 cents a share, on revenue of $12.9 billion for the first quarter; analysts were calling for profit of 50 cents a share in the March-ended quarter on revenue of $12.84 billion. For the second quarter ending in June, Intel said it expects revenue of $13.6 billion, plus or minus $500 million, which compares to the current Wall Street consensus view for revenue of $13.45 billion. Gross margin for the second quarter is forecast at between 62%-63% on a non-GAAP basis, a decline from a non-GAAP gross margin of 65.1% in the first quarter. 5 Most Beautiful Cars of All Time IBM IBM missed Wall Street's first-quarter revenue forecast. IBM, on Tuesday, reported revenue of $24.67 billion and earnings of $2.78 a share, compared with $24.6 billion and $2.41 in the same period last year. Analysts surveyed by Thomson Reuters expected IBM to report revenue of $24.77 billion and earnings of $2.65 a share. First Solar Addresses the Past, Future Still a Mess Two components of the Dow Jones Industrial Average issue results on Wednesday: American Express AXP and United Technologies UTX . -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.

Read more here:
Stocks to Watch: eBay, Qualcomm, Yahoo!

IIJ Completes Acquisition of Exlayer Global Inc. and Established a New Subsidiary IIJ Exlayer Inc.

TOKYO, April 2, 2012 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (IIJ) (Nasdaq:IIJI - News) (TSE1:3774), one of Japan's leading Internet access and comprehensive network solutions providers, today acquired the stocks of Exlayer Global Inc.("Exlayer Global") from its existing shareholders. Exlayer Global is a holding company with overseas subsidiaries in the system integration industry. The newly acquired company will begin its operation as IIJ's subsidiary under the name IIJ Exlayer Inc.

Exlayer Global owns five overseas subsidiaries and has developed its business with high engineering skills in the SI and IT project management fields and with its reliabilities. Their strength lies in their business development ability in many countries, and with its strong presence among Japanese-owned local corporations, Exlayer Global has been steadily expanding its business.

IIJ, together with IIJ Global Solutions Inc., one of its subsidiaries, is expanding its overseas offices mainly in Asia and is accelerating its global business development by providing services such as Cloud services in the United States, China, and Asia. For IIJ Group to further accelerate its global business, IIJ has decided to make Exlayer Global its subsidiary. We believe the expertise and human resources that Exlayer global and its group companies had built could better help IIJ Group to accelerate its international business development.

IIJ Exlayer will continue to leverage IIJ Group's Cloud services and wide range of network solutions to strengthen business infrastructure in foreign countries and leads IIJ Group's international business development together with IIJ and IIJ Global.

+ Summary of IIJ Exlayer Inc.

About IIJ

Founded in 1992, Internet Initiative Japan Inc. (IIJ) (Nasdaq:IIJI - News) (Tokyo Stock Exchange TSE1:3774) is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group of companies provide total network solutions that mainly cater to high-end corporate customers. The company's services include high-quality systems integration and cloud computing/data center services, security services, Internet access, and content distribution. Moreover, the company has built one of the largest Internet backbone networks in Japan, and between Japan and the United States. IIJ was listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange in 2006. For more information about IIJ, visit the IIJ Web site at http://www.iij.ad.jp/en/.

The Internet Initiative Japan Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4613

The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results. Readers are referred to the documents furnished by Internet Initiative Japan Inc. with the SEC, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

The rest is here:
IIJ Completes Acquisition of Exlayer Global Inc. and Established a New Subsidiary IIJ Exlayer Inc.

The Top Internet Stocks of 2012

By Eric Bleeker | More Articles March 31, 2012 |

Please enable JavaScript to view this video.

This video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker discusses topics around the investing world.

A quarter of the way into 2012, we're already seeing some major winners in the software and services market. Tudou is up 195% on the year thanks to its merger with Youku, while another Chinese company, NetQin, is the second best performer this year. However, what fascinates Eric is that enterprise-themed social-media plays are also soaring. Jive Software is up 69% so far this year, while LinkedIn has seen its own 64% pop. While exuberance around the pending Facebook IPO is surely a cause for these company's success, both of these companies have stronger business models than their social-media peers that rely on advertising. If these companies fall back from their huge gains on the back of any social-media selloff, they're two companies that would be worth investors' attention.

"Social media" is a common buzz phrase in technology, but it has nowhere near the profit potential of another booming technology field that's set to reshape how the world does business' big data. To discover one company Fool analysts believe will rule this emerging area of technology, we've created a free reported named "The Only Stock You Need to Profit from the NEW Technology Revolution." Inside the report we'll reveal a company that has gone on to gains of more than 200% since the Fool first recommended it. Best of all, it still has room to run. You can click here to access your report -- it's totally free.

See the original post here:
The Top Internet Stocks of 2012