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crosscourtforehand 3 posts  |  Last Activity: Mar 22, 2013 1:09 PM Member since: May 2, 2000
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  • crosscourtforehand crosscourtforehand Mar 22, 2013 1:09 PM Flag

    Excerpt from the article where RBCN was misidentified:

    Ad Tech

    "Ad tech is an important area for Yahoo to invest against, whether through its existing assets or via acquisitions. Ad tech is generally driving the deterioration of premium display advertising, a sector in which Yahoo has long-been been dominant," said Wieser.

    Potential targets include: Millennial Media (NYCE: MM), Jumptap, Rubicon (Nasdaq: RBCN), Pubmatic, AppNexus, Turn, Mediamath, Brightroll, Adap.TV, and Criteo.

  • crosscourtforehand by crosscourtforehand Mar 21, 2013 3:13 PM Flag

    There is an article about potential Yahoo acquisition targets that lists Rubicon in the Ad Tech space. This is Rubicon Project, not obviously Rubicon Technology.

  • Reply to

    Huge volume today

    by orutra52 Mar 21, 2013 11:32 AM
    crosscourtforehand crosscourtforehand Mar 21, 2013 12:29 PM Flag

    Drybulk shippers are ripping on the session, which may have something to do with results and commentary from Genco Shipping & Trading (NYSE: GNK).

    After markets closed on Wednesday, the company reported Q4 loss of $1.06 per share, wider than expectations calling for a loss of 88 cents per share. Revs of $49.25 million were also lower than expectations.

    Specific guidance wasn't issued, but investors might be taking a peek at the company's Q412 presentation. In part, the company noted:Scrapping increased 45 percent last year on a tonnage basis;

    Chinese iron ore inventories have declined to 69.4 Mt, the lowest level since November 2010;

    Iron ore prices have rebounded to over $150 per ton;

    Chinese industrial production rose 10.3% in December from a year earlier, the fourth consecutive month of improvement;

    Chinese steel production increased by 3.1% in 2012 compared to 2011;

    China'sMinistry of Transportation plans to more than double its network of high-speed railways by 2015;

    China plans to start construction on 6 million social housing units and complete the construction of 4.6 million units in 2013;

    Total seaborne iron ore and coal trade are estimated to grow by 6% and 5% YOY in 2013, respectively;

    Australian iron ore exports are forecast to increase by 13% to 543 Mt in 2013;

    Peak winter season electricity demand has led to robust thermal coal derived electricity production in China;

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