Mixed results for domain name stocks in 2009. The U.S. stock markets returned about 35% in 2009. Domain name stocks were a mixed bag, however. Here's how six publicly traded companies fared last year, based on the closing price December 31 of 2008 ... Continue Reading1 Comment
Blockbusters: Russia.com Sells for $1.5 Million, Marchex Sells Dominio.com for $250,000
· Domain SalesTwo big domain name sales over holiday week. In what should have been a lackluster week thanks to the Thanksgiving holiday, Sedo turned in one of its best performances of the year for domain sales. Leading the pack was a sale you've probably read ... Continue Reading4 Comments
End of Yahoo Paid-Inclusion Hurts Marchex
· ServicesMarchex takes a big hit from product change at Yahoo. Back in August I wrote about potential exposure Marchex has to the Yahoo-Microsoft search deal, particularly around Yahoo's paid inclusion service. Marchex grossed about $2 million from the product ... Continue Reading5 Comments
Yahoo-Microsoft Deal Could Cost Marchex $8M Revenue
· UncategorizedPaid-inclusion's future is questionable. Marchex (NASDAQ: MCHX) saw its revenue plunge 44% this quarter compared to the same one last year, and the Yahoo-Microsoft search deal could make a further dent when it goes into effect. On its earnings ... Continue Reading3 Comments
Marchex Revenue Falls 44%
· UncategorizedRevenue in free-fall, but company still generating cash. Domain name and local search company Marchex (NASDAQ: MCHX) today reported a 44% drop in revenues for Q2 2009 compared to the same quarter last year, but the company still managed to generate ... Continue Reading7 Comments
Most Domain Stocks Down in First Half of 2009
· UncategorizedDomain stocks fail to keep up with broader technology index. The NASDAQ was up 16% in the first half of 2009, but the rally didn't extend to most domain name companies. Here's a look at how they fared. The Winners Tucows (AMEX: TCX) jumped 27% ... Continue Reading4 Comments
UPDATED: Marchex Revenue Sinks, Sells $1M in Domain Names
· UncategorizedEarnings miss estimates while company sells $1M in non-strategic domain names. Online advertising company Marchex (NASDAQ: MCHX) missed analysts' adjusted earnings estimates by 3 cents per share, earning only 2 cents per share in the first quarter of ... Continue Reading5 Comments
Marchex Defends Frontrunners.com Domain Name
· Policy & LawArbitration panel determines Marchex can keep domain name FrontRunners.com. If there ever was a frontrunner for "dubious UDRP domain arbitration case", FrontRunners.com may be it. Bradley D Mittman MD dba FRONTRUNNERS has a trademark to the term ... Continue Reading6 Comments
Marchex Named in Complaint to FTC
· Policy & LawAmended complaint from consumer groups targets call tracking technology. The Center for Digital Democracy (CDD) and the U.S. Public Interest Research Group (USPIRG) amended a petition to the U.S. Federal Trade Commission (FTC) today to launch an ... Continue Reading4 Comments
Microsoft Could Use Domain Channel to Get Leg Up in Search
· Domain ParkingIs Microsoft looking to buy into the domain market? It could be a winning strategy. You may have read a few rumors lately that Microsoft (NASDAQ: MSFT) may be getting into the domain name business. The last time I talked to a Microsoft ... Continue Reading14 Comments