Local.com (LOCM +1.9%) gains after Ladenburg Thalmann initiates it with a Buy rating in...

|About: Local Corporation (LOCM)|By:, SA News Editor

Local.com (LOCM +1.9%) gains after Ladenburg Thalmann initiates it with a Buy rating in anticipation of strong 2012 performance on both revenue and earnings growth. Ladenburg says revenues in 2012 will reach $112.5M, up 41% above calendar 2011, and there's considerable operational leverage in its business model for rapid growth.