Blogs about AOL - Stockpickr! Your Source for Stock Ideas

Blogs about AOL

Blogs	Description	Date Updated
Time Warner Hypocrisy @ AOL	Time Warner (TWX) decides to sell off AOL. At the same time they announce they will reduce the AOL work force by one third. So basically the board of directors knew they had to cut one third if not more and kept these guys around, destroyed shareholder wealth and are now sufficiently hypocritical by trying to unload AOL with the lead headline that the staffing is bloated....	November 20, 2009
U.S. Stocks Drop As Tech Shares Take A Hit	U.S. stocks fall, although late buying limits the losses, as the dollar strengthens and chip stocks drag down tech shares after BofA-Merrill downgrades a number of chip makers. DJIA loses 94 (0.9%) to 10332, S&P 500 falls 15 (1.3%) to 1095, Nasdaq Comp loses 36 (1.7%) to 2157. Treasurys rally, some T-bill rates turn negative. Jobless claims are flat, and continuing claims fall, but applications for extended emergency benefits are rising; that means folks are having a hard time finding jobs. ...	November 19, 2009
AOL to Show 2,500 Employees the Door	With its Dec. 9 spinoff from Time Warner Inc. (NYSE:TWX) looming, AOL LLC wants to be slim and trim once it goes solo.In a filing Thursday with the Securities and Exchange Commission, AOL said it has informed its workforce that it wants to cut a third, or about 2,500, of employees. The company is asking employees to step up to the chopping block on their own (and presumably receive a buyout package), saying the cuts will be "conducted on a voluntary and involuntary basis."...	November 19, 2009
AOL Heads Toward Its IPO, Asks for 2,500 Voluntary Resignations	By Robin WautersAOL CEO Tim Armstrong Thursday informed staff that the company will be looking for 2,500 people to voluntarily hand in their resignations, which would represent about one third of the company’s payroll....	November 19, 2009
As AOL Heads For An IPO, It Leaves 2500 Employees Behind	AOL CEO Tim Armstrong this morning informed staff that the company will be looking for 2,500 people to voluntarily hand in their resignations, which would represent about one third of the company’s payroll. The news comes a mere week after AOL, which is preparing to spin off from Time Warner and go public, said it would be firing at least 1,000 employees and spend about $200 million cleaning house prior to the planned IPO. The voluntary layoff program is to begin on December 4 and end after t...	November 19, 2009
AOL Reportedly Shopping ICQ, Mapquest	In a pair of posts, AllThingsD is reporting that AOL has hired bankers to shop both ICQ, the pioneering instance messaging service, as well as Mapquest. Kara Swisher reports that AOL has hired Allen & Co. and Morgan Stanley to find a buyer for ICQ, and is reportedly seeking $300 million for the business, which AOL bought in 1998 for $287 million, plus another $125 million in earnouts for the execs. She notes that ICQ, while a laggard in the instant messaging space in the U.S., is the leader ...	November 19, 2009
American Express Buying Revolution Money For $300M	American Express (AXP) this morning said it agreed to acquire Revolution Money from founder Steve Case and a group of investors for about $300 million. Revolution provides secure payments over the Internet; AMEX says the company’s online person-to-person payment system is FDIC-insured “and ideally suited for social and instant messaging networks.” Investors in Revolution Money included AOL-founder Case’s company Revolution LLC, as well as Goldman Sachs, Morgan Stanley, Ci...	November 18, 2009
Bing Captures Almost 10 Percent Search Share In U.S.	Remember all that talk about Bing starting to fizzle in September? Well it didn’t happen, and now October numbers and Bing gained another half a point to reach 9.9 percent market share of U.S. searches, according to comScore’s qSearch service. Five months after launch, Bing has steadily gained two points of market share. And it is keeping the pressure on, with deals to index realtime data streams from both Twitter and Facebook (Google also has a deal with Twitter, but not Facebook...	November 16, 2009
Google, Microsoft Gains Search Share In October; Yahoo Loses More Ground	Both Google (GOOG) and Microsoft (MSFT) increased their share of the U.S. search market in October, according to new data from ComScore. Google had 65.4% share, up from 64.9% in September. Microsoft Bing had 9.9% share, up from 9.4% in September. Yahoo (YHOO) dropped to 18%, from 18.8% in September, and 21% in January. Ask.com (IACI) maintained 3.9% share for the sixth straight month. AOL (TWX) slipped to 2.9%, from 3% in September, and 3.9% in January. Total search queries in the the month we...	November 16, 2009
When AOL Spins Off On December 9, It Will Be Worth About $3.4 Billion	It’s been a long decade, but AOL will once again be an independently traded company on December 9, when Time Warner will spin off shares. Every Time Warner shareholder (disclosure: including me, from when I was employed there) will receive shares in AOL using the following formula: one share of AOL will be distributed for every 11 shares held in Time Warner. In other words, we finally have an approximate market capitalization for AOL. The business will be valued at 1/11th the value of T...	November 16, 2009

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