Long/Short Positions
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Quick news – December 16 2010
Date posted: 12.16.2010 (8:08 pm) | Write a Comment (0 Comments)
Tech news: (concern the stocks we follow)
Research in Motion (RIMM) announced earnings of $17.4 per share (est $1.61) on revenues of $5.49B (est $5.41)
News Corp’s MySpace renewed its ad deal with Google (GOOG)
AOL (AOL) acquired Pictela
Microsoft’s (MSFT) Bing gained 0.3% of search market share to 11.8% while Google (GOOG) dropped to 66.2% and Yahoo (YHOO) to 16.4%
Microsoft’s (MSFT) Kinnect is a huge success selling over 100,000 units per day
Best return: Travelzoo (TZOO) +4,21%
Worst return: AOL (AOL) -1,74%
If you liked this post, you can consider subscribing to our free newsletters hereThis entry was posted on Thursday, December 16th, 2010 at 8:08 pm and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.