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BUSINESS BRIEFS.(TO THE POINT)
REAL ESTATE
Icahn's next play: Fairmont bid
The tycoon investor, who's currently involved in a high-profile dispute with Time Warner's board, said he plans to acquire 51% of Fairmont Hotels & Resorts for $1.19 bil. If he can obtain the stake for about $40 a share, Icahn said he will push to sell the chain to a bigger rival. Icahn already owns 9.3% of Fairmont. Fairmont rose 4.5% to 40.60 and has gained 32% since late Oct.
TECHNOLOGY
Google execs cash in for $4.3 bil
14 Google executives and directors have pocketed billions of dollars selling 18.6 mil of their shares this year. Google co-founders Larry Page and Sergey Brin each collected $1.3 bil by selling 5.3 mil shares, SEC records show. Other notable payouts went to Omid Kordestani, Google's senior VP of sales, $559.6 million; Eric Schmidt, Google's CEO, $344.7 million; and David Drummond, Google's VP of corporate development, $118.7 million. Google rose 1% to 417.70.
Disk-storage demand rises briskly
- UPDATE 2-Yahoo revenue rises 42%; net flat from a year ago.
- News wire article from: The America's Intelligence Wire October 18, 2005 700+ words
...of $170 million, up 55% from a year ago. Shares of Yahoo barely budged after...decline in the third quarter while Google Inc. and Microsoft Corp.'s MSN...and premium email, up 50% from a year ago. The company's goal for the end...
- Number of U.K. Online Videos Viewed Approaches 5 Billion in April 2009, up 47...
- Press release article from: M2 Presswire July 6, 2009 700+ words
...grew 47 percent versus year ago to 4.7 billion videos...online display advertising. Google Sites Leads U.K. in Online Video Viewership Google Sites ranked as the top...increase of 58 percent versus year ago, driven by the popularity...
- Americans View 34 Percent More Online Videos in November 2008 Compared to Year...
- Press release article from: PR Newswire January 5, 2009 700+ words
...increase of 34 percent versus year ago. (Logo: http://www...Retains #6 Ranking In November, Google Sites once again ranked as...Internet 12,677,063 100.0 Google Sites 5,107,302 40.3...progressive download video. Google Sites Draws 98 Million Video...
- Q1 Online Sales Rose As Retailers Refined Web Marketing Skills; Sales Up 28%...
- Magazine article from: Investor's Business Daily May 24, 2004 700+ words
...in the first quarter, up 28% from a year ago and the highest growth rate since the...totaled $835 billion, up 8% from a year ago. Analysts say the rapid growth online...to $5 billion in 2004, up 56% from a year ago. This year, says Jupiter, online retail...
- Viacom 4Q Profit Rises On DreamWorks Purchase, Hefty Year-Ago Charges.
- News wire article from: The America's Intelligence Wire March 2, 2007 700+ words
...Rises On DreamWorks Purchase, Hefty Year-Ago Charges (C)2007 Investrend Communications...NYSE: DWA) movie studio and hefty year-ago charges. Viacom has seen traffic...Web sites since it demanded that Google Inc.'s (NASDAQ: GOOG) YouTube...
- Housing Jitters Manifest: Internet Searches for 'Real Estate Bubble' Rise; Real...
- Press release article from: Business Wire June 16, 2005 700+ words
...market share of these terms across all major search engines like Google, Yahoo! Search, MSN Search and others, skyrocketed 311...sites is up 19 percent the week ending June 11, 2005 versus year-ago. "Increased traffic on real estate sites is reflective of...
- Drivers still wild about Hummers despite gas prices: Midstate's only dealer...
- News wire article from: Macon Telegraph (Macon, GA) May 10, 2006 700+ words
...the local dealership were up 15 percent over the same month a year ago, Goodman said. Hummer sales nationwide have enjoyed monthly...Hummer and other giant SUVs epitomize highway excess. Do a Google search for "Hummer," and the third listed site is one with...
- Nat Geo, other nets jump headfirst in video stream; Was it just a year ago that...
- Magazine article from: Advertising Age STILSON, JANET May 8, 2006 700+ words
...Avenue. By and large, portals like AOL.com, Yahoo.com and Google.com have chosen not to play an active role in the upfront...model,'' says Patrick Keane, director of sales strategy at Google. "We think advertising and ad strategy need to be more fluid...
- One year ago.(BENCHMARKS LAST WEEK)(Brief article)
- Magazine article from: Computerworld October 15, 2007 700+ words
Google Inc. launched its Web-based Docs & Spreadsheets application, which combined the company's stand-alone word processing, spreadsheet and presentation software.
- Tapping the feed: in search of an RSS money trail: a year ago I would have said...
- Magazine article from: EContent Smith, Steve March 1, 2005 700+ words
...LockerGnome offers its subscribers the option of receiving updates via RSS feeds that are sponsored by clients like Microsoft, Google, and PayPal. The ad "is set apart by a line that denotes 'brought to you by,' and the sponsor's message is typically...
