Thanks to the unfavorable amending of its .com domain renewal contract, Wells Fargo now sees VeriSign (VRSN -13.8%) growing at a 7% annual clip, down from a prior 11% - .com registrations make up ~85% of VeriSign's revenue. Also, Wells, which is reiterating an Outperform, thinks comments from management about re-evaluating VeriSign's capital structure suggests the company plans to take on more debt and increase its buyback activity.
Thanks to the unfavorable amending of its .com domain renewal contract, Wells Fargo now sees...
From other sites
at CNBC.com (Jan 8, 2015)
Video at CNBC.com (Jan 8, 2015)
at CNBC.com (Oct 8, 2014)
at CNBC.com (Sep 23, 2014)
at CNBC.com (Jun 27, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs