Monster Worldwide, Inc. (MWW) - NYSE
  • Sep. 28, 2015, 5:14 PM
    • P-E firm H&Q Korea is buying Monster's (NYSE:MWW) remaining 50.01% stake in JobKorea for KRW101B ($85M). Monster sold the other 49.9% to H&Q Korea for $90M in 2013.
    • "The proceeds from this transaction will provide added financial flexibility as we move forward toward our objective of enhancing shareholder returns as part of our capital allocation program," says Monster CEO Tim Yates. The deal is expected to close in October.
    • For reference, Monster currently has a $588M market cap. The company had $127M in cash/investments at the end of Q2, and $209M in debt. Shares have risen to $6.45 after hours, nearly recovering their regular-trading losses.
    | Sep. 28, 2015, 5:14 PM
  • Aug. 24, 2015, 4:29 PM
    • The Nasdaq opened down 7.5%, furiously rallied almost to breakeven, and then sold off again in the afternoon to close down 3.8%. Some tech stocks managed to rise nonetheless, while many others posted 5%+ declines.
    • Major decliners included Citrix (CTXS -9.3%), Solera (SLH -8.9%), NCR (NCR -7.8%), Nuance (NUAN -6.9%), Infinera (INFN -6.4%), HomeAway (AWAY -6.6%), MagnaChip (MX -6.4%), Yandex (YNDX -7.5%), Neustar (NSR -6%), Ebix (EBIX -7.3%), SGI (SGI -8%), Monster (MWW -7.5%), Silver Spring (SSNI -6.6%), Perion (PERI -11%), and Synchronoss (SNCR -7.5%).
    • Solera's decline comes 4 days after the company confirmed it's exploring strategic alternatives, and 5 days after Bloomberg reported a sale is being explored. Yandex has been hit hard in recent weeks by the ruble and crude oil's decline. Infinera is down 20% over the last 3 trading days, albeit still up 34% YTD.
    • See also: Morning decliners, Chinese tech stocks, large-cap decliners
    | Aug. 24, 2015, 4:29 PM | 1 Comment
  • Aug. 19, 2015, 8:35 AM
    • Monster Worldwide (NYSE:MWW) announces a deal to be the exclusive local recruitment content and service provider for the Milwaukee Journal Sentinel.
    • The company reconnected with the organization following the merger of EW Scripps Media and Journal Communications.
    • Additional local content deals are possible.
    | Aug. 19, 2015, 8:35 AM
  • Aug. 11, 2015, 11:02 AM
    • Monster Worldwide (MWW +5.7%) makes a strong move higher on volume 2X normal activity.
    • Shares of the online careers player are now 25% higher over the last month and sit at 52-week highs.
    • New growth initiatives and cost tightening helped Monster in Q2. The company is shooting for an EBITDA margin rate of 18% to 22% by Q4.
    • Previously: Monster beats by $0.02, beats on revenue (Jul. 30 2015)
    | Aug. 11, 2015, 11:02 AM | 1 Comment
  • Jul. 30, 2015, 9:12 AM
    | Jul. 30, 2015, 9:12 AM | 6 Comments
  • Jul. 30, 2015, 7:40 AM
    • Monster (NYSE:MWW): Q2 EPS of $0.10 beats by $0.02.
    • Revenue of $180.41M (-7.2% Y/Y) beats by $0.49M.
    | Jul. 30, 2015, 7:40 AM
  • Jul. 28, 2015, 11:03 AM
    • A dour outlook on the job market as tipped in the consumer confidence report appears to be impacting some staffing stocks.
    • 20% of respondents to the survey expected fewer job openings in six months. A lower percentage of consumers found jobs "plentiful" than last month.
    • Select staffing stocks trailing market average: Monster Worldwide (NYSE:MWW) -5.0%, DHI Group (NYSE:DHI) -3.3%, Professional Diversity Network (NASDAQ:IPDN) -4.6%, Barrett Business Services (NASDAQ:BBSI) -1.6%, Robert Half International (NYSE:RHI) -1.0%, Insperity (NYSE:NSP) -0.9%
    | Jul. 28, 2015, 11:03 AM
  • May 7, 2015, 10:07 AM
    • Monster Worldwide (MWW) reports Core Careers North America bookings grew 6%.
    • Careers North America revenue declined 4.04% to $122.39M.
    • International revenue fell off 13.18%  to $61.30M during the quarter.
    • Adjsuted operating margin rate increased 120 bps to 8.3%.
    • Adjusted EBITDA margin of 14.7% (+130 bps), led by Careers-North America at 27.3% margin rate.
    • Q2 Guidance: Non-GAAP EPS: $0.07 to $0.11.
    • 4Q Guidance: EBITDA margin: 18% to 22%.
    • Q1 results
    | May 7, 2015, 10:07 AM
  • May 7, 2015, 7:36 AM
    • Monster (NYSE:MWW): Q1 EPS of $0.08 beats by $0.01.
    • Revenue of $183.69M (-7.3% Y/Y) misses by $3.37M.
    | May 7, 2015, 7:36 AM
  • Mar. 6, 2015, 10:15 AM
    • Shares of Monster Worldwide (MWW +1.8%) trade higher after the Bureau of Labor Statistics uncorks the February jobs report.
    • Monster has a long history of showing extra volatility on non-farms payroll day.
    | Mar. 6, 2015, 10:15 AM
  • Mar. 5, 2015, 10:24 AM
    • Select staffing stocks are lower after jobless claims came in at +7K to 320K
    • Other movers include Resources Connection (NASDAQ:RECN) -1.3%, Monster Worldwide (NYSE:MWW) -1.2%, Dice Holdings (NYSE:DHX) -1.1%, Manpower (NYSE:MAN) -0.7%.
    • Also in the sector, Cross Country Healthcare (NASDAQ:CCRN) is down 6.6% on heavy volume after reporting earnings yesterday.
    | Mar. 5, 2015, 10:24 AM
  • Feb. 19, 2015, 7:06 AM
    • Evercore ISI upgrades Monster Worldwide (NYSE:MWW) to a Buy rating from Hold.
    • Shares of MWW trade at the mid-point of their 52-week high and low.
    | Feb. 19, 2015, 7:06 AM
  • Feb. 11, 2015, 8:06 AM
    • Monster Worldwide (NYSE:MWW) is lifted to an Outperform rating by FBR Capital.
    • Strong booking trends at Monster are cited as a catalyst.
    • The investment firm takes its price target on the stock to $6.80 from $4.50.
    • MWW +11.1% premarket.
    | Feb. 11, 2015, 8:06 AM
  • Feb. 10, 2015, 7:59 AM
    • Monster Worldwide (NYSE:MWW) reports it saw strong bookings during Q4 in North America from Enterprise and Staffing accounts.
    • International revenue fell off 9% during the quarter.
    • Adjusted EBITDA margin of 14%, led by Careers-North America at 24% margin rate.
    • Mobile traffic +27% Y/Y.
    • Guidance: The company sees EBITDA margin of 30% to 35% by Q2 of 2016.
    | Feb. 10, 2015, 7:59 AM
  • Feb. 10, 2015, 7:49 AM
    • Monster (NYSE:MWW): Q4 EPS of $0.07 beats by $0.01.
    • Revenue of $186.20M (-6.3% Y/Y) misses by $6.42M.
    | Feb. 10, 2015, 7:49 AM
  • Feb. 9, 2015, 5:30 PM
    | Feb. 9, 2015, 5:30 PM | 6 Comments
Company Description
Monster Worldwide, Inc. provides online employment solutions. The company operates the business through three segments: Careers-North America, Careers-International and Internet Advertising & Fees. The Careers North America and Careers-International segments provide online and mobile employment... More
Sector: Services
Industry: Advertising Agencies
Country: United States