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Goldman Sachs' Global Internet Notables Summary
Tuesday, October 12, 2010 - 7:52am | 253Goldman Sachs has published a research report on Global Internet Notables for the week of October 11, 2010. In the report, Goldman Sachs writes "For the week ending Monday, October 11, 2010, the market-weighted Internet average increased 1.7% week over week, underperforming the NASDAQ, up 2.5%, and...
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Monster Worldwide Slashes Spending
Tuesday, September 28, 2010 - 6:50am | 95Goldman 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...
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Monster Worldwide (MWW) Plunges
Friday, June 4, 2010 - 5:25pm | 132Monster Worldwide (MWW) lost over 10% today as investors sold the stock after the disappointing jobs report. Trading volume surged today as investors rushed to unload shares of Monster. Over 5.4 million shares traded hands compared to the average volume of 2.9 million. But investors rushing to sell...
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Yahoo (YHOO) Streamlines Operations With HotJobs Sale
Wednesday, February 3, 2010 - 6:43pm | 286The sale of Yahoo! Inc.'s (Nasdaq: YHOO) HotJobs jobs listing website to Monster Worldwide, Inc. (NYSE: MWW), the owner of Monster.com, for $225 million is part of the company's ongoing strategy of streamlining its operations. Yahoo has gone through a great deal of turmoil over the last few years...
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Monster.com (MWW) To Buy Yahoo's (YHOO) HotJobs For $225 Million
Wednesday, February 3, 2010 - 5:43pm | 87Monster Worldwide, Inc. (NYSE: MWW), owner of the Monster.com job website, announced that it will buy its Yahoo! Inc. (Nasdaq: YHOO) owned competitor, HotJobs, for $225 million in cash. Monster Worldwide and Yahoo also agreed to terms on a three year “commercial traffic agreement” that would see...