Saturday, January 14, 2012

Yahoo! Q3 Rev In Line, EPS $0.21/Sh Beats; Q4 View Light

Yahoo! (YHOO)? this afternoon reported Q3 revenue and EPS ahead of analysts’ expectations, while offering a Q4 revenue view that was short of expectations.
The Internet giant said it earned 21 cents a share on revenue of $1.07 billion.
Analysts were expecting the company to earn 17 cents a share on revenue of $1.07 billion.
For the current quarter, the company sees revenue in a range of $1.13 billion to $1.24 billion, which at the midpoint, $1.185 billion, is below the average $1.22 billion estimate.
Yahoo shares are up 49 cents, or 3.4%, at $15.96 in late trading.
Yahoo! will hold a conference call at 5 pm, Eastern, and you can check it out here.
Of course, despite today’s report, many investors are still more focused what lies ahead for Yahoo!, amid rumorsof varying probability that co-founder Jerry Yang is planning to take it private, the Chinese e-commerce company Alibaba wants to to buy the company, or it may teamup with anyone from Microsoft (MSFT) to AOL (AOL).
In his note, “Will Earnings Even Matter?” Susquehanna analyst Herman Leung writes “Key investor focus will be on the timing and progress of interested parties in the strategic review process.”

Thursday, January 12, 2012

(AMT, WSO, GCO, CRWE) Stock Highlights by DrStockPick.com

American Tower Corp. (NYSE:AMT) announced the pricing of its registered public offering of senior unsecured notes due November 1, 2021 in an aggregate principal amount of $500 million. The notes will have an interest rate of 5.900% per annum and are being issued at a price equal to 99.858% of their face value.
American Tower Corporation, through its subsidiaries, operates as a wireless and broadcast communications infrastructure company.
Watsco Inc. (NYSE:WSO) announced that its Board of Directors has declared a regular quarterly cash dividend of 57 cents on each outstanding share of its Common and Class B common stock. The cash dividend is payable on October 31, 2011 to shareholders of record at the close of business on October 14, 2011.
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating and refrigeration equipment, and related parts and supplies in the United States.
Genesco Inc (NYSE:GCO) The board of directors has declared dividends on the various classes of its preferred stock for the quarter ending October 29, 2011, payable on October 30, 2011, to shareholders of record on October 14, 2011.
Genesco Inc. engages in the retail of footwear, headwear, and sports apparel and accessories; and the wholesale of footwear.
Crown Equity Holdings, Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: “We are excited to deliver VoIP communications s! olutions specifically designed to meet the business and residential market needs in this fast-growing global market.”
Crown Equity Holdings Inc’s selection of Core Link reflects recent diversification beyond CRWE’s original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients’ news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
Crown Equity Holdings Inc. together with its digital network currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Internet marketing helps you to attract prospective customers who are already looking for the products and services that you offer which enables you to reel in those prospects that are ready to make a commitment.
The more that you are able to get those who are interested in your products and services to your web site, the more that you are going to find that you’re able to generate leads and to make sales. Of course, just getting people to your web site is only the first step. Additional benefits of internet marketing begin to show themselves when you have a web site that stands out from those of your competitors, when your site provides the information that your site visitors are looking for and that information is easy for them to ! find.

Tuesday, January 10, 2012

Family Offices Database – Top 7 Reasons For Using One

If you are raising capital you can establish a distinct competitive advantage over others trying to the do the same if you have a high quality family offices database. There are thousands of capital raising groups and banks which are reaching out and selling products to these firms that if you don’t have the right contact details you are already 3 steps behind in this very intense competition for FO business. Within this article we provide the top 7 reasons why you should use a FO database.
1) It can help you spend more time developing relationships and less time trying to find contact details of these firms.
2) The resource can assist you in identifying large vs. small ultra high net worth wealth management groups so you don’t waste your time on too large or small of a firm.
3) It can help you employ multi-modality marketing by sending them a mailing, email, and then calling all in the same day.
4) A database can help make you become more effective during phone calls by quickly getting you to their website where you can learn all about their firm before you place the call.
5) This type of a resource can also enable you to spend more time traveling to see the most important clients you have developed relationships with while your competition is stuck trying to find their contact details online
6) By obtaining contact details to these groups you are able to spend more of your time selling and marketing to a niche market that has an enormous level of wealth and money to spend.
7) Reaching out to FOs with all of their firm information will make you appear more professional and well organized.
This article shows exactly why it can help your team raise capital by using a family offices database, I hope you have found these tips helpful.
Bottom Line…if you are working with family offices or trying to raise capital from family offices you are going to use your time more effectively if you invest it in buildi! ng relat ionships and not having to build your own Family Office Database from scratch.
Our expert team has just released our 4th Version of our Family Office Directory, check it out here: http://FamilyOffices.com

Sunday, January 8, 2012

FCIC Releases Final Report, Says Financial Crisis Was Avoidable

The Financial Crisis Inquiry Commission (FCIC) delivered Thursday to President Obama and members of Congress the results of its investigation into the causes of the financial and economic crisis.
The FCIC concluded that the crisis was avoidable and was caused by:
  • Widespread failures in financial regulation, including the Federal Reserve’s failure to stem the tide of toxic mortgages;
  • Dramatic breakdowns in corporate governance including too many financial firms acting recklessly and taking on too much risk;
  • An explosive mix of excessive borrowing and risk by households and Wall Street that put the financial system on a collision course with crisis;
  • Key policy makers ill prepared for the crisis, lacking a full understanding of the financial system they oversaw;
  • And systemic breaches in accountability and ethics at all levels.
“Despite the expressed view of many on Wall Street and in Washington that the crisis could not have been foreseen or avoided, there were warning signs. The greatest tragedy would be to accept the refrain that no one could have seen this coming and thus nothing could have been done. If we accept this notion, it will happen again” said Phil Angelides, Chairman of the Commission.
The FCIC’s report also said specific components of the financial system contributed significantly to the financial meltdown: collapsing mortgage-lending standards and mortgage securitizations; over-the-counter derivatives; and the failures of credit rating agencies.
The FCIC also examined the role of government sponsored enterprises (GSEs), with Fannie Mae serving as the case study. The Commission found that the GSEs contributed to the crisis but were not a primary cause. “They had a deeply flawed business model and suffered from many of the same failures of corporate governance and risk management seen in other financial firms but ultimately followed rather than led Wall Street and other lenders in purchasing subprime and other risky mortgages,” the report said.
To reach its conclusion, the FCIC reviewed millions of pages of documents, interviewed more than 700 witnesses, and held 19 days of public hearings in New York, Washington, D.C., and communities across the country that were hit hard by the crisis. The reports and accompanying dissents are available to the public on the Commission’s website.
The operations of the FCIC will conclude on Feb. 13.