VRSN: VeriSign, Inc. Instablogs

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Thursday, April 25, 4:22 PM VeriSign (VRSN): Q1 EPS of $0.58 beats by $0.03. Revenue of $236M (+15% Y/Y) beats by $3.37M. Shares +3% AH. (PR) Comment! [Earnings, Breaking News, Tech, On the Move]
Monday, April 8, 8:26 AM VeriSign (VRSN) announces a new $600M offering of senior unsecured notes to be sold in a private placement to institutional buyers. Comment! [Tech]
Thursday, January 24, 4:12 PM VeriSign (VRSN): Q4 EPS of $0.59 beats by $0.08. Revenue of $230M (+13% Y/Y) beats by $0.72M. (PR) Comment! [Earnings, Breaking News, Tech]
Thursday, January 24, 12:10 AM Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN 1 Comment [Earnings]
Wednesday, January 23, 5:35 PM Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN Comment! [Earnings]
Monday, January 7, 7:07 AM VeriSign (VRSN) could see its business model copied as the Internet domain name landscape is opened up with new suffixes such as .MOVIE, .CASINO, and .BEER set to potentially challenge the domination of .COM. Venture capitalists are backing smaller players in the TLD land rush, while big companies such as Amazon and Google are also looking to win strategic suffixes. Comment! [Tech]
Wednesday, December 19, 2012, 4:31 PM VeriSign (VRSN) announces .net domain registration fees will rise 10% on July 1, 2013, to $5.62 from $5.11. The company's shares were recently clocked thanks to an agreement with the DoC to curtail price hikes for .com domain registrations - their price currently stands at $7.85. Comment! [Tech]
Wednesday, December 19, 2012, 1:39 PM The index-makers at the Nasdaq are good at selling the bottom: The average one-year return of stocks getting kicked out of the Nasdaq 100 (QQQ) is more than 63%, according to Schaeffer's. "You buy low expectations, not low price," says Ryan Detrick. "Getting kicked out of the QQQ probably is a sign things can't get much worse." Full list of the 10 exiting on Monday. 1 Comment [Tech]
Thursday, December 6, 2012, 9:43 AM VeriSign (VRSN +1.4%) opens higher after disclosing it has increased the size of its buyback authorization by $458.8M to a cool $1B. That leaves VeriSign free to buy back 17.9% of outstanding shares at current levels. Management mentioned last week it was looking to re-evaluate VeriSign's capital structure, something that had led Wells Fargo to think both buybacks and debt offerings are likely. Following last week's bad news, shares are trading near late-2010 levels. Comment! [Tech]
Monday, December 3, 2012, 5:01 PM VeriSign (VRSN +5.1%) recouped some of the giant losses it saw on Friday after Barron's came to its defense, arguing VeriSign's amended .com domain name registration deal still leaves the company with a high-margin business featuring plenty of visibility. It also noted Wells Fargo's continued bullishness, and conference call remarks about the deal freeing VeriSign to focus on finding ways to monetize its patents. Comment! [Tech, On the Move, Quick Ideas]
Friday, November 30, 2012, 1:04 PM Midday top 10 gainers: MARK +38%. MITL +30%. MHH +25%. CBK +24%. PPHM +24%. AMPL +24%. TELK +19%. PLNR +17%. TLAB +15%. FIVE +15%.
Top 10 Losers: RIC -24%. NTLS -23%. FFKY -19%. SUPN -18%. SBLK -14%. VRSN -14%. PSUN -14%. MMYT -13%. HGSH -13%. PWX -11%. Comment! [On the Move]
Friday, November 30, 2012, 12:24 PM 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. Comment! [Tech, Quick Ideas]
Friday, November 30, 2012, 8:23 AM More on VeriSign: The company announces the Department of Commerce has approved a 6-year renewal of its deal to operate the .com domain name registry. VeriSign's current fee of $7.85/registration will continue, but it won't be able to implement four 7% price hikes over the course of the renewal deal, as it had planned. Instead, price hikes will be tied to a new "consensus policy" or "extraordinary expenses," and will require the DoC's approval. VRSN -14.8%. CC at 8:30AM ET (webcast). Comment! [Tech, On the Move]
Friday, November 30, 2012, 8:05 AM Shares of VeriSign (VRSN) are halted with news pending. A conference call to provide a status update on the .com Registry Agreement Renewal is minutes away, according to the company's investor relations website section. (webcast) Comment! [Consumer, Tech]
Monday, November 26, 2012, 11:52 AM VeriSign (VRSN -2.5%) is slumping after receiving a downgrade to Equal Weight from boutique i-bank First Analysis. Shares have been pressured this fall by concerns about regulatory reviews of VeriSign's 6-year renewal contract for handling the Dot.com domain name registry. Comment! [Tech, On the Move]
Thursday, November 1, 2012, 2:20 PM Verisign (VRSN +10.4%) soars after providing details about an '06 amendment to a Cooperative Agreement it signed with the Commerce Department. The amendment states Verisign won't renew its deal to run the .com domain name registry without the department's approval, but also states there's an "expectancy of renewal." Verisign adds it believes the DOJ has "substantially concluded its own review process" - shares had sold off on worries about the DOJ/DOC reviews. (PR) Comment! [Tech, On the Move]

VRSN VeriSign, Inc.

VRSN

VeriSign, Inc.