Tag Archives: aol

Verizon Downgraded, AOL Ad Tech Seen Lagging Google

Verizon Communications (VZ) overpaid for AOL, says Macquarie Capital, which downgraded Verizon stock on Tuesday, saying the AOL deal is Verizon’s latest questionable strategic move. Despite having cobbled together assets to support mobile video services, Verizon faces an uphill battle in mobile advertising vs. Facebook (FB) and Google (GOOGL), asserts Macquarie. Verizon agreed to buy AOL (AOL) on Tuesday for $4.4 billion. The acquisition will give

Verizon Buys AOL For Mobile Video, Yahoo Seen Out

Verizon Communications (VZ) on Tuesday agreed to buy AOL for $4.4 billion, in a move boosting the wireless phone company’s plans to launch new mobile video services. Acquiring AOL (AOL) will give Verizon key advertising technology as well as content to offer on its mobile video platform, analysts said. “Verizon is zigging while the rest of the industry is zagging. They’re trying to abound the commoditization of wireless by creating something truly

AOL Made ‘The Right Move’ As Q1 Beats, Stock Rises

AOL (AOL) stock spiked on Friday as stronger global advertising sales helped lift Q1 revenue and earnings above estimates. The Web firm earned 34 cents per share ex items, down 3% year over year. Analysts polled by Thomson Reuters were expecting EPS of 32 cents. Revenue grew 7% to $625.1 million, above the $594.6 million that Wall Street had expected, led by 12% growth in global advertising and other revenue. Revenue minus traffic acquisition