Market Currents

• Wednesday, December 9, 2009

• 10:27 AM RealNetworks (RNWK +14.2%) gets a lift from JPMorgan. Firm upgrades shares to Neutral, citing a more favorable than expected ruling in its arbitration with VeriSign (VRSN), which it says removes the risk to RNWK's cash. "We remain cautious about the company's operating outlook, however." Comment!
• 09:00 AM Premarket gainers: AVNR +19%. RNWK +15%. HITK +10%. VNDA +7%. NLST +6%. SQNM +6%. S +5%. RMBS +4%.
  Losers: ECA -44%. NBG -7%. EXXI -5%. MDAS -4%. Comment!

• Thursday, October 29, 2009

• 17:31 PM RealNetworks (RNWK): Q3 EPS of $0.00 beats by $0.06. Revenue of $140M (-8%) vs. $141M. (PR) Comment!
• 00:10 AM Notable post-market earnings: AB, BMC, BYI, CLF, DTE, ELY, GNW, HTZ, IM, KLAC, LVS, MET, MFE, MHK, MTW, MXIM, PKI, POM, RGC, RNWK, SBAC, SPF, STAR, SWN, VAR Comment!

• Thursday, September 10, 2009

• 09:00 AM Premarket gainers: DVAX +82%. RNWK +14%. SWHC +14%. UAUA +13%. VICL +10%. LCC +9%. OCNF +7%. RFMD +6%. BX +5%. YRCW +5%. SWKS +5%. AMR +5%. DAL +4%. AIB +4%. YHOO +4%. ALU +4%.
  Losers: MON -8%. NAV -7%. Comment!

• Wednesday, August 12, 2009

• 08:20 AM A court rules RealNetworks' (RNWK) DVD-copying software violates copyright laws, handing a victory to Walt Disney (DIS) and other movie studios. Comment!

• Wednesday, July 1, 2009

• 10:57 AM Thirteen music companies sue Yahoo (YHOO), Microsoft (MSFT) and Real Networks (RNWK) for copyright infringement, claiming their online music stores (Yahoo Music, Zune store, and Rhapsody) are illegally selling copyrighted music. How, you ask? The suit alleges the trio licensed the recordings, but not the compositions. 2 Comments

• Thursday, February 12, 2009

• 16:11 PM RealNetworks (RNWK): Q4 EPS of -$0.10 misses by $0.07. Revenue of $152.6M (-2.7%) vs. $153.8M. Expects 2009 to be a challenging year for consumer spending, online advertising and corporate IT spending. (PR) Comment!

• Friday, December 5, 2008

• 07:33 AM For those keeping tabs, there have been 33,000 job cuts this week. Culprits include: AT&T (T) (12,000), Credit Suisse (CS) (5,300), State Street (STT) (1,800), Adobe (ADBE) (600), Telecom Italia (TI) (4,000), Viacom (VIA) (850), NBC (GE) (500), Gannett (GCI) (2,000) and RealNetworks (RNWK) (130). 1 Comment

• Wednesday, October 29, 2008

• 16:55 PM RealNetworks (RNWK): Q3 EPS of -$0.03 in-line. Revenue of $152M in-line. (PR) Comment!
• 15:10 PM Notable earnings after the close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!

• Friday, August 1, 2008

• 09:20 AM Pre-market losers: ELN -44% BIIB -23% (bad Tysabri news). RNWK -10% JAVA -9% NT -9% GM -8% OSK -8% NYX -5% (earnings). SGP -7% (FDA letter). Comment!

• Thursday, July 31, 2008

• 15:10 PM Notable earnings after Thursday's close: AOC, ATVID, AVR, CA, CEM, CHK, CQB, CTSH, DCT, ERJ, EXTR, GFIG, GW, KLAC, MEE, MFE, MNST, OIS, PWAV, RNWK, SGMS, SYNA, TMA, VCLK, VPRT, VRTX Comment!
• 00:20 AM Notable earnings after Thursday's close: AOC, AVR, CA, CEM, CHK, CQB, CTSH, DCT, ERJ, EXTR, GFIG, GW, KLAC, MEE, MFE, MNST, OIS, PWAV, RNWK, SGMS, SYNA, TMA, VCLK, VPRT, VRTX Comment!

• Tuesday, July 8, 2008

• 15:43 PM Struggling music subscription services RealNetworks (RNWK) and Napster (NAPS) are betting on new partnerships with wireless carriers Verizon (VZ) and AT&T (T). The benefits look good on paper, but have yet to make a serious impact. Comment!