Energy Sourcing for New Data Center, Senior Notes Offerings, Financial Results, and Acquisitions - Research Report on Facebook, Yahoo!, Youku, IAC, and Akamai

Fri Nov 22, 2013 8:00am EST

* Reuters is not responsible for the content in this press release.

Energy Sourcing for New Data Center, Senior Notes Offerings, Financial Results, and Acquisitions - Research Report on Facebook, Yahoo!, Youku, IAC, and Akamai

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, November 22, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Facebook, Inc. (NASDAQ: FB), Yahoo! Inc. (NASDAQ: YHOO), Youku Tudou Inc. (NYSE: YOKU), IAC/InterActiveCorp (NASDAQ: IACI), and Akamai Technologies, Inc. (NASDAQ: AKAM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Facebook, Inc. Research Report

On November 13, 2013, Facebook, Inc. (Facebook) announced that its new data center in Altoona, Iowa will start serving traffic from early 2015, and it expects to receive 100% renewable energy supply for it from a new wind project in nearby Wellsburg, Iowa. The Company stated that it expects the wind project to add up to 138 MW of new renewable wind capacity to the grid in Iowa, once completed in 2014. The Company aims to reach 25% clean and renewable energy in its global data center mix in 2015, and intends to continue working with utilities and other partners on supply options for its other data centers. The Full Research Report on Facebook, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/f38c_FB

--

Yahoo! Inc. Research Report  

On November 19, 2013, Yahoo! Inc. (Yahoo!) announced its proposal to offer $1.0 billion aggregate principal amount of its convertible senior notes due 2018, subject to market conditions and other factors, in a private placement. In addition, the Company stated that it intends to grant the initial purchasers of the notes the right to purchase up to an additional $150.0 million aggregate principal amount of notes, exercisable within 30 days, solely to cover over-allotments. Yahoo! informed that the interest on the notes will be payable semi-annually in arrears on June 1 and December 1 every year, effective from June 1, 2014. The Company plans to use a portion of the net proceeds for payment of the cost of the convertible note hedge transactions, and the remaining net proceeds for general corporate purposes. Further, the Company announced that it has increased its share buyback authorization by $5.0 billion. The Full Research Report on Yahoo! Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/5cdb_YHOO

--

Youku Tudou Inc. Research Report  

On November 14, 2013, Youku Tudou Inc. (Youku) reported Q3 2013 unaudited financial results. In Q3 2013, the Company recorded net revenues of RMB857.7 million, up 13.8% QoQ due to the increased use of advertising services by brand advertisers. Q3 2013 net loss was RMB218.6 million, or RMB0.07 loss per basic and diluted share, compared to net loss of RMB105 million, or RMB0.04 loss per basic and diluted share, in Q2 2013. "We are happy that we grew the topline by a strong 14% quarter over quarter and our mobile traffic surged to over 300 million video views per day. We will continue to drive mobile monetization and ramp up revenue from local advertising clients, content marketing solutions and paid services," said Victor Koo, Chairman and CEO of Youku. "We expect that Youku Tudou will be non-GAAP profitable in the fourth quarter of 2013 after Youku on a stand-alone basis reached the same financial milestone in third quarter of 2012, demonstrating the success of the Youku Tudou merger and solid execution by the team." The Full Research Report on Youku Tudou Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/edab_YOKU

--

IAC/InterActiveCorp Research Report

On November 12, 2013, IAC/InterActiveCorp (IAC) announced its intention to offer $500 million aggregate principal amount of senior notes, guaranteed by certain subsidiaries of IAC, in a private offering. The Company informed that it intends to use the net proceeds of the offering for general corporate purposes, including share repurchases and acquisitions. The Full Research Report on IAC/InterActiveCorp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/c018_IACI

--

Akamai Technologies, Inc. Research Report

On November 11, 2013, Akamai Technologies, Inc. (Akamai) announced that it has acquired Velocius Networks in a cash transaction. The Company stated that it expects the acquisition to complement its hybrid cloud optimization strategy for optimizing IP application traffic across the Internet for remote and branch end-users. "We see this acquisition as an important investment in engineering talent and technology that is intended to complement our hybrid cloud optimization strategy," said Tom Leighton, CEO of Akamai. "We believe Velocius Networks' QoS technology will further enable us to bring enterprise class of service to IP applications accessed over the Internet - an area where we have seen increased demand from our enterprise customer base." The Company expects the Velocius Networks QoS technology to be integrated to its existing technology to provide traffic prioritization and shaping capabilities for IP traffic accessed over Akamai's Intelligent Platform. The Full Research Report on Akamai Technologies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/b3ab_AKAM

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AnalystsCorner.com

SOURCE Analysts' Corner

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.