Today, I am back opening a new trade that I have actually done several times, mostly with success as I am opening a new trade featuring 2 online employment posting companies that compete to some degree but are incredibly different in many other ways. Let's start off by looking at the number for Dice Holdings and [...]
It's been a very active year so far, no doubt about it. Things have been decent and much more stable in recent weeks which I guess was to be expected with earnings season now behind us. I had a very tough time deciding on today's trade as I did see 3 great trading opportunities, as [...]
It was revealed on Friday that Monster Worldwide's (NYSE: MWW) U.S. employment index rose 11% in February compared to the previous year, with transportation and warehousing maintaining their positions as top growth markets.
According to the Wall Street Journal, the MWW U.S. employment index is a monthly gauge used to asses online job demand. It looks at millions of employer job opportunities posted on job search websites when collecting the data.
Monster CEO Salvatore Iannuzzi said in a...
Monster Worldwide (MWW) saw a nice bump up in its share price the last couple of days mostly due to with the CEO saying that the company was going after “strategic alternatives to increasing shareholder value”. To Wall Street and other high members in the finance world, this usually means that the company may sell [...]
Monster Worldwide, Inc (NYSE: MWW) manages a portfolio of websites that connect job seekers with employers in approximately 55 countries. With soaring unemployment for the last few years and a dearth of job postings the company has fallen on tough times, with revenues declining 32.6% in 2009 and roughly flat in 2010.
It seems logical to [...]
For a third time this year, I am able to close a trade, the one where I went long Dice Holdings (DHX) and Monster Worldwide (MWW) which currently stands at +29,27%. How did it get to this point? Mainly thanks to Monster which announced disappointing results, as has often been the case lately. They also [...]
Monster Worldwide (MWW) recently launched BeKnown, a professional networking application which is designed to allow Facebook users to establish a professional network on one of the world’s most popular social platform.
This new technology, available in 19 different languages, will allow users to identify and connect with friends and professional contacts from multiple sources and grow [...]
Hi everyone! Wow, it was an interesting day and as I tweeted earlier, at some point I had 3 of my 5 trades that had reached their stop gain or stop loss. However, 2 of them did come back so we are just closing one trade, our position where we were Long Priceline (PCLN) and [...]
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Smiles of yesterweek.
Not a great day to be a jobs site. LinkedIn’s getting slammed and the more venerable Monster Worldwide is also skidding.
Over the weekend, plenty of tart notes questioned LinkedIn’s valuation. Bar...
After being able to close out our trade on Long WebMD (WBMD) & Short IAC Interactive (IACI) last week, it meant that I would be able to open a new trade which was obviously very good news. It was a surprise to see the most recent trade turn to out successful so quickly but given [...]
On CNBC's Fast Money Pops & Drops, Joe Terranova said that Morgan Stanley raised its price target for Starbucks Corporation (NASDAQ: SBUX) to $40. He thinks that Starbucks Corporation (SBUX) can reach this price. Starbucks Corporation (SBUX) gained...
U.S. Monster Worldwide Inc. (NYSE:MWW) Employment Index has risen by 7 percent in January.Monster Worldwide Inc. (NYSE:MWW) On EmploymentMonster Worldwide Inc. (NYSE:MWW) has announced that the Monster employment index for the U.S. increased again in January from the previous year despite an unprecedented decline in public administration.Jesse Harriott, the senior vice president and chief knowledge [...]
The stock market is dominated by traders and investors. Traders simply focus on today's market action. Investors hold a much broader view, finding winning stocks that will ride future trends. In recent sessions, traders have found plenty to dislike about employment search firm Monster Worldwide (NYSE: MWW). Shares were crushed last week and now are [...]
Best month of the year so far.
I guess that might not say much. I can say that I am off to a very good start for the year on several levels. My writing and analysis on stocks is banging the drum hard, my trading is full steam and the chat room has new [...]
Monster Worldwide, Inc. (NYSE:MWW) plunged by 25.43% to close at $15.95 with overall traded volume of 21.28 million shares in the last trading day as compare to its average volume stood at 3.30 million shares. The share price is highly reactive to market index as its beta value stands at 2.16 times till its last [...]
We are on a roll aren't we? After publishing our first two stock picks of the year on Monday (AAPL/NILE) and Tuesday (PCLN/IACI), we are ready to go with a third stock pick, this time between two online job listing websites. They operate in the same business but in very different ways and I honestly [...]
Office Depot, Inc. (NYSE:ODP) jumped up by 2.03% and closed at $5.53 whereas overall traded volume stood at 6.09 million shares for the day. The company maintains strong short term liquidity position with current ratio of 1.32 times till its last trading session. The value of 70.93 times depicts shows that the relative strength index [...]
We recently reiterated our Neutral recommendation on Monster Worldwide Inc., (MWW).
Monster earlier reported better-than-expected results for the third quarter and provided a strong outlook for the fourth quarter and year 2011. Earnings estimates have gone up in the last sixty days and the company is expected to return to profitability in 2011. Monster expects bookings [...]
Shares of Monster Worldwide, Inc. (NYSE: MWW) are skyrocketing today, up over 25% after the online jobs board reported much better than expected earnings.
In the third quarter, Monster reported a loss of 5 cents per share, on revenues of $228.8 million.
Monster also issued higher than expeced guidance for the fourth quarter, saying it expected to earn $258-$272 million.
Analysts expect sales of $251.8 million.
Monster Worldwide, Inc. provides online employment solutions in North...
Shares of Monster Worldwide, Inc. (NYSE: MWW) are currently up 23.3% at $17.75 per share during Friday morning trading. Today's trading range for shares of Monster Worldwide, Inc has been between $17.57 and $19.09 per share. The consensus price target of analysts covering the company's stock is $16.50 per share.
Volume of shares traded is 12 million, compared to the daily average volume of 2.8 million total shares traded.
Monster Worldwide, Inc. (MWW) released financial results on...
Information Services Group Inc (NASDAQ: IIIIU) climbed 74.55% to $2.88 at 10:30 am. IIIIU is all set to report its Q3 results on November 9.
First Mercury Financial Corporation (NYSE: FMR) jumped 43.57% to $16.31. Fairfax Financial Holdings Ltd has announced its plans to acquire FMR for $294 million or $16.50 per share in cash, representing a 45% premium to FMR's closing price on Thursday.
VIVUS Inc (NASDAQ: VVUS) shares surged 25.61% to $7.70. Analysts at JP Morgan upgraded VVUS from...
Oppenheimer has published a research report on Monster Worldwide, Inc. (NYSE: MWW) after the company reported a "stellar" quarter.
In the report, Oppenheimer writes "MWW posted a stellar quarter across all key metrics and provided an encouraging early FY11 revenue/bookings growth view. Organic (excluding HotJobs) bookings growth accelerated to 23% Y/Y and MWW anticipates 20-24% organic bookings growth in 4Q10. Deferred revenue grew organically 7% Q/Q (12% Y/Y). Preliminary FY11...
Among the after hours gainers in Thursday's late trading session are Deckers Outdoor (NASDAQ: DECK), Coinstar (NASDAQ: CSTR), Monster Worldwide (NYSE: MWW), PMI Group (NYSE: PMI), and Power-One (NASDAQ: PWER). Most of the after hours activity today is related to earnings reports. All of these stocks are trading fairly significant volume. Here is how these names are faring in late trading.
DECK +6.32% to $57.40
CSTR +15.09% to $53.24 (wow)
MWW +10.49% to $15.90
PMI +2.10% to...
Monster Worldwide, Inc. (NYSE: MWW) today reported financial results for the third quarter and nine months ended September 30, 2010.
Bookings, which represent the dollar value of contractual orders received, and are considered by the Company to be a key indicator of future revenues, increased 26% to $235 million. Excluding HotJobs, bookings were $229 million, a 23% increase from $186 million reported in the third quarter of 2009. Historical data on bookings for prior quarters is available...
Shares of Monster Worldwide, Inc. (NYSE: MWW) are lower on the session by 0.15%, currently trading at $13.18. The stock has been moving largely lower for the past six months, though has recently bounced off of the $10.00 level and regained the 50-day moving average.
Options traders are buying calls on the name today. A short while ago November $14.00 and $15.00 call strikes were purchased roughly 3,500 times each; volume exceeded open interest on both strikes. This signals new positioning...
Goldman Sachs has published a research report for Monster Worldwide, Inc. (NYSE: MWW).
In the note, Goldman Sachs writes "The company said that it had cut spending on paid sites from $6 mn in 2007 to $2 mn in 2009 and that the number of applicants placed through AdeccoUSA.com via job boards dropped significantly from 2008 to 2009; for example, in 2008 65% of the applicants Adecco placed through AdeccoUSA.com were found through job boards, which compares with 20% in 2009."
Goldman Sachs...
Counter-trend is surely one way to describe this trade. On Friday, Research in Motion (RIMM) dropped nearly 11% after announcing revenues and projections that came slightly below projections. How bad are things for Research in Motion? Not that bad actually. Profits did increase 20% to $769 million. But the dips and analyst downgrades (8 of [...]
Monster Worldwide, Inc. (MWW) reported revenues of $215 million in the first quarter of 2010, down 16% year over year. That decline is the lowest percentage decrease in five quarters. The results beat management expectations and mark the first sequential increase since the first quarter of 2008. Management saw solid improvement across all key geographic [...]
Monster WorldWide Inc. (MWW) announced that the Monster Employment Index rose by ten points in February, as employers resumed their hiring activity after last month’s seasonal lull.
This index observes online job demand on a monthly basis and on a year-over-year basis. The index was up 2% year-over-year for the first time since December 2007. This [...]
It is time for another trade and since I do not carry more than 5 trades live, I will have to wait for one to be closed before entering another one. This one is a play on internet websites dedicated to employment. On one hand, a company known by almost everyone; Monster Worldwide, which already [...]
Monster Worldwide, Inc. (MWW) reported revenues of $213 million in the fourth quarter, down 27% year over year. Total revenues were positively impacted by approximately $8 million due to movement in foreign exchange rates. The company generated 42% of its revenues outside the United States.
The company operates in three business segments: Monster Careers-North America, Monster [...]
The end of a Federal Reserve program that helped unlock credit markets is spurring sales of asset- backed bonds with relative yields five times wider than on debt secured by car loans. The expiration of the Fed’s Term Asset-Backed Securities Loan Facility is driving companies to sell bonds tied to loans [...]
The Monster Employment Index, issued by online job-search giant Monster Worldwide (MWW), shows that the amount of jobs being lost in the U.S. is still rising, but in ever-smaller increments. The Monster Employment Index for December 2009 reached 115, four points lower than the November figure, and 12% below the December 2008 number of 131.
According [...]
Monster WorldWide Inc. (MWW) recently announced that the Monster Employment Index declined one point in November as online demand for workers remained weak across the United States.
This index observes online job demand on a monthly basis and on a year-over-year basis. The index declined 17%.
Headquartered in New York, Monster Worldwide, Inc. is an online recruitment [...]
After closing my trade on Priceline/Travelzoo Friday morning, I was now ready to take on a new one. I was looking at the two dozen companies that I currently screen through. One name that I wanted to look more into was Monster.com (MWW), which as many of you probably know makes money by charging employers [...]
After closing my trade on Priceline/Travelzoo Friday morning, I was now ready to take on a new one. I was looking at the two dozen companies that I currently screen through. One name that I wanted to look more into was Monster.com (MWW), which as many of you probably know makes money by charging employers [...]
According to the latest news from Monster Worldwide Inc. (MWW), online job postings surged in August and registered the highest monthly gain in four years following slow hiring activity in summer. However, it was down 24% year over year.
Monster World Wide is an online recruitment firm and the parent company of Monster.com, the leading career [...]
Ryan Cole, The Investment U Research Team
In the first installment of this series, making sense of the economic data coming at us daily, we dealt with inflation.
Today, we’re looking at the employment numbers.
Some of you might remember, back in June we took a closer look at the way we calculate [...]
Monster Worldwide (MWW) is best known for its monster.com website which matches employers and job seekers over the web. The company has grown quickly in the last decade, stealing share from traditional job placement advertisements and offering more efficient ways for employers and workers alike to find each other. But thanks to the economic slowdown, the stock now trades at a six year low, and sits at a P/E of just 9. But whether it represents a good long-term value investment comes down to...