Mediaboss Marketing

By Leon Lazaroff - Tue May 15 16:52:56 GMT 2012

Chinese equities rose for the first time in nine days in New York, led by Internet stocks, on prospects Facebook Inc. (FB)s increased offering price will spur demand for industry assets.

The Bloomberg China-US Equity Index (CH55BN) of the most-traded Chinese shares in the U.S. added 0.7 percent to 96.10 by 12:48 p.m. in New York, halting a 9 percent slump in the eight days through May 14. Renren, a social networking website, surged the most in a month, while Internet bookstore E-Commerce Dangdang Inc. (DANG) climbed the most in three months.

Facebook increased the price range on its IPO to as much as $38 a share from $35, a regulatory filing yesterday showed, implying a market value of as much as $104.2 billion. That would make Facebook worth more than Citigroup Inc. (C) and McDonalds Corp. Beijing-based Renren reported yesterday a first-quarter loss of 3 cents a share, below the median forecast for a 4 cents a share by eight analysts surveyed by Bloomberg.

All the talk on the street about Facebook is driving retail investors in particular to look for stocks that might gain on social media in China, Echo He, a New York-based analyst who covers Chinese Internet stocks for Maxim Group LLC, said in a phone interview. Renrens second-quarter outlook is weak because advertising is weak, but investors are hoping it can do as well as Facebook.

The iShares FTSE China 25 Index Fund, the biggest Chinese exchange-traded fund in the U.S., gained 0.6 percent to $34.93 while the Standard & Poors 500 Index added 0.4 percent to 1,343.86. The Shanghai Composite Index fell 0.2 percent yesterday to 2,374.84 while the Hang Seng China Enterprises Index of Chinese companies traded in Hong Kong also broke a string of eight consecutive declines, gaining 1 percent to 10,084.59.

Germanys economy expanded more than forecast in the first quarter, offsetting contractions elsewhere in Europe and helping the region, Chinas largest trading partner, avoid a second recession in three years.

U.S. auto sales running at the fastest pace in four years helped boost manufacturing in the New York region in May more than forecast while strengthening the outlook for a U.S. economic recovery.

Investors do remain very nervous but a better outlook for the U.S. economy is certainly helping to calm matters, Charlie Awdry, portfolio manager of Henderson Global Investors 500 million pound ($801 million) China Opportunities Fund, said in a phone interview from London. We still think Chinese earnings are going to grow, though at a slow pace.

To contact the reporter on this story: Leon Lazaroff in New York at llazaroff@bloomberg.net

Read more from the original source:
Renren Leads ADRs Rebound on Facebook IPO Price: China Overnight

BEIJING--(BUSINESS WIRE)--

SouFun Holdings Limited (NYSE: SFUN - News) (SouFun or the Company), the leading real estate and home furnishing Internet portal in China, today announced its unaudited financial results for the first quarter of 2012.

First Quarter 2012 Highlights

Revenues grew 43.4% to US$58.5 million compared to the first quarter of 2011.

Operating income was US$13.7 million, an increase of 131.3% compared to the first quarter of 2011. Non-GAAP operating income was US$15.0 million, an increase of 89.0% compared to the first quarter of 2011.

Net income attributable to shareholders was US$14.5 million, an increase of 152.9% compared to the first quarter of 2011. Non-GAAP net income attributable to shareholders was US$14.2 million, an increase of 83.3% compared to the first quarter of 2011.

We are happy to deliver the 6th consecutive better than guidance results after IPO, said Vincent Mo, Executive Chairman of SouFun. SouFuns strong market leadership and sound fundamental plus its creative innovations made its great performance, even though Chinas real estate and home furnishing markets were very dynamic. In addition, we are pleased that SouFun successfully passed its first year SOX 404 audit after IPO and the company will continue its efforts to implement tight internal control.

Financial Results for First Quarter 2012

Revenues

For the first quarter of 2012, SouFun had total revenues of US$58.5 million, an increase of 43.4% compared to US$40.8 million for the same period of 2011. The increase primarily came from the New Home business line.

Here is the original post:
SouFun Announces Unaudited First Quarter 2012 Results

This post has been updated.

OMAHA, Neb. Late last Thursday, hours after Mitt Romney had wrapped up a large rally and one of the most successful fundraisers in Nebraska history, Gary Wilwerding was camped out with about a dozen others inside a small office in a strip mall here that was buzzing with activity.

(Mandel Ngan - AFP/Getty Images)

As he has done for six to eight hours most weeks, Wilwerding, a 64-year-old retiree, was working to train other volunteers and help piece together data gathered from neighborhood canvassing and phonebanking.

His objective: To defend the dot.

The dot would be the Omaha-based 2nd Congressional District, an area that then-Sen. Barack Obama (D-Ill.) narrowly won four years ago despite losing Nebraskas statewide vote to Sen. John McCain (R-Ariz.) by a 15-percentage-point margin.

That win wasnt for naught: Nebraska, along with Maine, is one of only two states in the country that award a portion of their electoral college votes by congressional district, meaning that Obama came away from deep-red Nebraska with one of the states five electoral college votes.

Six months out from November 2012, the Obama camp believes that in a close race, Omahas single vote could make all the difference. And volunteers like Wilwerding a self-described independent who has supported Republicans in the past are working to keep their hold on what has come to be known as Obamaha.

I think nationally, if this one little area has that one electoral vote again, it says something about the people of Nebraska ... that there are people in the Midwest here that are very committed to the ideals of the Democratic Party, Wilwerding said late last week in an interview at the Obama campaigns Omaha headquarters. I would hate people to think that thats not the way it is. Nebraskas got an opportunity, and last time, they came through with shining colors.

The 2008 election marked the first time in history that the Cornhusker State had split its electoral votes since a 1991 law made it one of only two states in the country able to do so.

Link:
In Omaha, Obama campaign works to ‘defend the dot’

13-05-2012 20:31 Ali DOT TV Exclusive (Official Video) HD Follow us on twitter:

See the article here:
Ali DOT TV - Hussain - Video

14-05-2012 03:18 Dash H4R Real Talk TV Freestyle For any information email:

Go here to read the rest:
RT.TV - Dash - Freestyle (Round 2) - Video