Category: Internet

WB Nasdaq WB Weibo Corp
Internet, Stock Movers

SINA’s Weibo to IPO Between $17-$19 a Share

Whispers on the Street put microblogging site Weibo’s IPO price at $17-$19 a share. Known as the Chinese version of Twitter, China-based Weibo is a subsidiary of SINA Corp. (SINA). Weibo has approximately 129 million monthly active users (MAUs), an overwhelming majority of them on mobile MAUs. The company’s revenues increased significantly from $65.9 million in 2012 to $188.3 million in 2013, according to Zacks. … Continue reading SINA’s Weibo to IPO Between $17-$19 a Share

Adam Keintzel
Triplepoint Capital Ventures
Internet, Software

TriplePoint Venture Growth BDC Declares Initial Dividend

TriplePoint Venture Growth BDC (TPVG), a closed-end, non-diversified management investment company, said late Thursday that its board of directors has authorized and declared an initial dividend of $0.09 per share for the period from the pricing of the company’s initial public offering on March 5, 2014, through March 31, 2014. The dividend reflects a quarterly dividend rate of $0.30 per share, prorated for the 27 … Continue reading TriplePoint Venture Growth BDC Declares Initial Dividend

Adam Keintzel
Internet

Pandora Media Gains; Listener Hours Rise 14% in March

Pandora Media (P) shares were higher more than 3% in recent pre-market trade after saying that listener hours rose 14% to 1.71 billion in March while the share of the total U.S. radio listening rose to 9.11% from 8.05% a year ago. The internet radio service said active listeners amounted to 75.3 million and the end of March, up 8% from 69.5 million in the … Continue reading Pandora Media Gains; Listener Hours Rise 14% in March

Jason Knox
Diversified Tech, Internet

Texas Industries Edges Up on Narrower-Than-Expected Adjusted Q3 Loss

Texas Industries (TXI) shares edged up Thursday, after the supplier of construction materials late Wednesday reported a narrower-than-expected adjusted loss for its fiscal Q3 on revenue that topped the Street view. For the quarter ended Feb. 28, the company posted a net loss of $21.8 million, or $0.76 per share, compared with a year-earlier net loss of $5.8 million, or $0.21 per share. Excluding one-time … Continue reading Texas Industries Edges Up on Narrower-Than-Expected Adjusted Q3 Loss

Chris Lewis
Internet, Software

UniPixel Up 3% After Settling Litigation

UniPixel (UNXL), a production-stage company that provides performance engineered film to the display, touch screen and flexible electronics markets, is higher after the company and Conductive Inkjet Technology Limited said they have agreed to settle their on-going litigation in the U.S. and the U.K. Shares are up 2.52% at $8.14, with a 52-week range of $7.56 – $41.42. Conductive Inkjet Technology said it will withdraw … Continue reading UniPixel Up 3% After Settling Litigation

Adam Keintzel
Finance, Internet

Stock in News: Twitter (NASDAQ TWTR) Introduces Periscope App

Twitter stock (NASDAQ TWTR) got a terrific boost this past week, when the micro blogging site launched its new app named Periscope. The stock has since reacted very positively, crossing the $50 mark with ease. The new app was launched on Friday. The new Periscope app helps users stream live content from across social media. This new app should be a great help for the … Continue reading Stock in News: Twitter (NASDAQ TWTR) Introduces Periscope App

Richard Atkins