Market Summary

 

Earning Reports

Total Companies: (64) Stock Center View

Symbol Price EPS
Est.
Reporting
Time
IIIN 0.13 06:30 am ET
DOV 1.01 07:00 am ET
ACU 0.11 09:00 am ET
ACTG 0.04 4:00 pm ET
AMD 0.00 After Mkt
AMNB 0.44 After Mkt
ASBC 0.25 After Mkt
ATHN 0.17 After Mkt
CBF 0.24 After Mkt
CHKE 0.07 After Mkt
CPHD -0.17 After Mkt
HUBG 0.36 After Mkt
INDB 0.56 After Mkt
ISBC 0.24 After Mkt
SCSS 0.32 After Mkt
WHG N/A After Mkt
ADS 2.72 Before Mkt
AMRB 0.09 Before Mkt
AN 0.73 Before Mkt
BAX 1.09 Before Mkt
BBT 0.70 Before Mkt
BHI 0.78 Before Mkt
BLK 4.14 Before Mkt
BX 0.55 Before Mkt
CMG 2.86 Before Mkt
COL 1.07 Before Mkt
CY 0.07 Before Mkt
DD 1.58 Before Mkt
DHR N/A Before Mkt
FCFS 0.66 Before Mkt
FCS 0.03 Before Mkt
FHN 0.15 Before Mkt
FITB 0.41 Before Mkt
GE 0.32 Before Mkt
GS 3.45 Before Mkt
HLSS 0.53 Before Mkt
HOMB 0.42 Before Mkt
HON 1.26 Before Mkt
KEY 0.24 Before Mkt
KNL 0.13 Before Mkt
MAT 0.09 Before Mkt
MS 0.60 Before Mkt
NPBC 0.17 Before Mkt
ORB 0.25 Before Mkt
PEP 0.75 Before Mkt
PM 1.16 Before Mkt
POOL 0.10 Before Mkt
PVTB 0.41 Before Mkt
RBCAA 0.67 Before Mkt
SASR 0.39 Before Mkt
SFNC 0.46 Before Mkt
SHW 1.11 Before Mkt
SLB 1.20 Before Mkt
SNA 1.54 Before Mkt
SON 0.51 Before Mkt
SYNT 1.25 Before Mkt
TZOO 0.36 Before Mkt
UNH 1.09 Before Mkt
UNP 2.37 Before Mkt
WBS 0.49 Before Mkt
WSO 0.47 Before Mkt
BLT 0.09 Unknown
NJR 2.72 Unknown
UBFO N/A Unknown

Convertible Preferred Stocks Highlights

Symbol Name Last Change Volume Premium/
Discount
Est.
Yield
CWH-PD CommonWealth REIT, 6 1/2% Series D Cumul Convertible Preferred Shares 25.76 0.01 (0.04%) 579,104 0.92% 6.31%
FCH-PA FelCor Lodging Trust, $1.95 Series A Cumul Convertible Preferred Stock 24.88 -0.06 (-0.24%) 22,502 -0.22% Suspended
OCR-PB Omnicare Capital Trust II, 4% PIERS Trust Preferred Income Equity Red Securities 70.49 -0.36 (-0.51%) 22,448 0.22% 2.84%
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Social Network IPO's

Posted on 2012-02-14 by Daniel Ho

Social NetworkFacebook, the grand daddy of social networks, is expected to file for IPO on Wednesday. A long anticipated event, this can either energize the technology companies IPO once again, or it can mean that intelligent companies always sell out at the top of the market. The verdict is yet to be known, but it is certain to bring great fortunes for Facebook employees.

Before Facebook, a torrent of social networking companies filed IPOs in 2011, and let's take a look on how some of them do after trading publicly.

LinkedIn (NASDAQ: LNKD)

LinkedIn, often cited as the Facebook for professionals, went public in May of 2011. On the day of the IPO, it traded above $120/share and settled at $94.25/share at the close. The $120 mark, however, was the peak of its share price so far, and the stock was last traded at $72.15/share. This may be disappointing to those who bought above the last traded price, but considering that the company is valued at ~$7 Billion, and has a forward P/E ratio > 100, we can be assured that there are a lot of happy investors who bought it before the IPO.

Zynga (NASDAQ: ZNGA)

Like movies that get released before the end of year so they can get the chance to be nominated for the upcoming Oscar, Zynga, the social-gaming company, went public on Dec 16, 2011 on closed at $9.5/share. It closed on $10.49 on Tuesday, and so far its shares have stayed its course. Zynga's social games are wildly popular, and the company now has a market capitalization of ~7.5 Billion. As the US government might have paved the way for internet gaming, Zynga might be pondering on entering the online gaming market as it already has the highest number of poker players through its Zynga Poker game. If Zynga can overcome the legal hurdles and become a major player, this could be an even more lucrative market for Zynga, and will certain boost its profits and share price.

Pandora Media (NYSE: P)

Pandora Media operates an online music streaming business, and generates its revenue through advertising between songs. It went public on Jun 15, 2001, and closed at $17.42 on the first day of trading. It is now trading at $13.19/share, and has a market capitalization of ~$2 Billion. Pandora's business model is well understood, but its audiences are much less connected to each other, and user loyalty is definitely not as high as that of Facebook or LinkedIn, where network effect is much better exploited. It is also facing increasing competition from Spotify, a music streaming service which allows user to select the songs they want to hear.

RenRen (NYSE: RENN)

RenRen is a Chinese social networking company modeling after Facebook, much like how Baidu (NASDAQ: BIDU) modeled after Google (NASDAQ: GOOG). The company went public in May of 2011, and closed at $18.01/share on the day of IPO. Like most Chinese internet companies, its shares have been slashed significantly last year, as investors started to flee away from Chinese companies listed in the US. It is now trading at $5.55/share, but still spots a market capitalization of ~2 Billion. RenRen also faces stiff competition from Tencent on social networking, the giant in Chinese internet which operates the QQ network.

This article originally appears on benzinga.com

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