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LOCM

Local Corporation

5/18/2013, 12:57 PM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Thursday, May 9, 5:12 PM Local (LOCM): Q1 EPS of -$0.15 misses by $0.06. Revenue of $21.8M misses by $0.2M. (PR) Comment! [Earnings, Breaking News, Tech]
Thursday, January 24, 12:45 PM Midday top 10 gainers: JAXB +62%. NFLX +38%. SWFT +25%. TZOO +25%. HMNF +25%. CWBC +16%. YOD +16%. FDML +16%. BIOD +15%. TA +12%.
Midday top 10 Losers: OSIS -14%. CCCL -12%. WHX -12%. FBC -12%. LOCM -11%. AAPL -11%. GV -10%. SNBC -10%. SNFCA -10%. DLHC -10%. Comment! [On the Move]
Thursday, January 24, 9:19 AM Local Corp. (LOCM): Q4 EPS of -$0.04 beats by $0.04. (PR) Comment! [Earnings, Breaking News, Tech]
Friday, October 19, 2012, 12:57 PM Local Corp. (LOCM) is selling its Rovion rich-media ad tech unit to Gannett (GCI) for $3.9M. Rovion's Ad Composer platform allows multimedia ads to be developed without coding ability. Gannett has been stepping up its tech M&A activity: the media conglomerate recently bought loyalty card app developer Mobestream Media and Facebook marketing firm BLiNQ Media. 2 Comments [Tech, M&A, Consumer]
Monday, April 9, 2012, 2:07 PM Local.com (LOCM +0.9%) moves up after Ladenburg comes to its defense, saying the company is an emerging industry leader and the stock's recent weakness is unwarranted. Ladenburg sees the selloff related to Groupon's (GRPN -1.8%) recent issues and is not based on anything fundamental, and recommmends using the weakness as a buying opportunity. Comment! [Tech]
Monday, March 5, 2012, 3:05 PM 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. 1 Comment [Tech, On the Move]
Thursday, January 12, 2012, 9:29 AM Online media company Local.com (LOCM) +5.7% premarket after announcing record Q4 search traffic of 93.7M monthly unique visitors, up from 91.9M in Q3 and 80.1M in the year-ago period. (PR) Comment! [Tech, On the Move]
Monday, July 11, 2011, 8:18 AM Online business directory and local search provider Local.com (LOCM), which shot higher last week following a marketing deal with Google (GOOG), will be acquiring Screamin' Daily Deals for $12.5M in cash, stock, and debt. Shares -1.1% premarket. (PR) 2 Comments [Tech, M&A, On the Move]
Thursday, July 7, 2011, 5:49 PM Local.com (LOCM) spikes +12% AH after announcing a two-year marketing agreement with Google (GOOG). Google will make payments to Local.com for unspecified services. Despite the jump, the stock has a long way go, -50% since the beginning of the year. Comment! [Tech]
Monday, May 2, 2011, 5:33 PM Local.com (LOCM): EPS of $0.00 in-line. Revenue of $16.8M beats by $0.50M. Sees Q2 EPS of -$0.12 vs. consensus of $0.07 and revenue of $17M vs. consensus of $19.2M. Shares -8.5% AH. (PR) Comment! [Earnings, Tech, On the Move]
Monday, May 2, 2011, 9:00 AM Premarket gainers: ICO +31%. TIVO +15%. TGE +12%. ZSL +11%. STEM +8%. LOCM +8%. SPPI +8%. CTIC +7%. DRL +7%. CEPH +5%. HRBN +5%. TLCR +5%. MOVE +4%. PCX +4%. TEVA +4%. AEZS +3%. MPEL +3%. NFLX +3%. CPST +4%.
Losers: AGQ -12%. VRX -9%. GPL -7%. THC -6%. EXK -6%. SLV -6%. SIVR -6%. AG -5%. SLW -5%. GRS -4%. SVM -3%. SIFY -4%. HL -3%. ACI -3%. PAAS -3%. Comment! [On the Move]
Tuesday, April 26, 2011, 9:05 AM Premarket gainers: SMOD +14%. MSPD +8%. REDF +7%. AGCO +7%. UBS +6%. INVE +5%. ITW +6%. CMI +6%. SIFY +5%. CLMS +6%. OCZ +5%. ZSL +4%. AKS +4%. CS +4%. VECO +4%. F +3%. LOCM +3%. IRE +3%. ACI +3%.
Losers: WIBC -17%. LXK -12%. LWSN -7%. NFLX -5%. TLAB -4%. UA -4%. ETFC -4%. AGQ -4%. GPL -3%. AIG -3%. EXK -3%. Comment! [On the Move]
Friday, January 21, 2011, 7:59 AM After failing to snare Groupon, Google (GOOG) will test its own rival marketing service to cater to local restaurants and other businesses. Dubbed Google Offers, it's one of a number of initiatives Google is launching to expand beyond its core search engine operation. Premarket GOOG +1.7%. Comment! [Tech]
Friday, January 14, 2011, 8:16 AM After closing a $950M funding round, online advertiser Groupon is mulling a 2011 IPO, say sources, and is even meeting with securities firms to discuss the transaction. The IPO cash raised could go towards greater international expansion. Groupon walked away from a Google (GOOG) buyout last year. Comment! [Tech]
Friday, January 7, 2011, 9:31 AM Citing lower than expected revenues from its Yahoo (YHOO) and Bing (MSFT) search engine integration, Local.com (LOCM) cuts its Q4 outlook. Local.com predicts Q4 revenue of $19.9M and a GAAP loss of $750K, down from its prior estimate of $22M to $23M in revenue, and income of from $3.4M to $3.7M. Premarket, Local.com is -16.8%. Comment! [Tech]
Friday, December 31, 2010, 8:15 AM Web advertising company Groupon has raised $500M in an equity stake sale. Most of the cash will be used to buy back investor shares, according to a regulatory filing. But fast-growing Groupon still plans to raise another $450M. Comment! [Tech]