|By PR Newswire||
|March 5, 2014 11:22 AM EST||
NEW YORK, March 5, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Akamai Technologies, Inc. (NASDAQ: AKAM), Sohu.com Inc. (NASDAQ: SOHU), ChinaCache International Holdings Ltd. (NASDAQ: CCIH), Web.com Group, Inc. (NASDAQ: WWWW) and Blucora, Inc. (NASDAQ: BCOR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Akamai Technologies, Inc. Analyst Notes
On March 3, 2014, Akamai Technologies, Inc.'s (Akamai) stock increased by 0.21% to end the day at $61.26, compared to the previous day's closing price. Over the past three trading sessions, the Company's stock has declined by 0.36%, in line with the broader market index Nasdaq Composite which went down by 0.34% during the same trading period. The full analyst notes on Akamai Technologies, Inc. are available to download free of charge at:
Sohu.com Inc. Analyst Notes
On March 3, 2014, Sohu.com Inc. (Sohu) announced the resignation of Belinda Wang as the Company's Co-President and Chief Operating Officer, effective March 31, 2014. The Company informed that Wang, who has held the charge of the online media, mobile, sales and marketing divisions during her 15-year long stint at Sohu, has resigned for personal reasons. Commenting on this resignation, Sohu's Chairman and CEO, Dr. Charles Zhang said, "I would like to thank Belinda for her extraordinary contribution in building and growing the Sohu Group. She was instrumental in leading the Group to achieve its numerous historic milestones. She played key roles in developing our portfolio of successful new businesses and grooming a capable management team. While we deeply regret her departure, we wish her the very best in her future endeavors." Sohu expects Wang to continue serving as a consultant to the Company for a transition period from April 1, 2014 through the end of 2014. The full analyst notes on Sohu.com Inc. are available to download free of charge at:
ChinaCache International Holdings Ltd. Analyst Notes
On March 3, 2014, ChinaCache International Holdings Ltd. (ChinaCache) announced that it has signed a definitive securities purchase agreement with certain Institutional Investors affiliated with one of the world's leading institutional investment management firms. The Company informed that pursuant to this agreement, the Institutional Investors will make an aggregate investment of $55 million in ChinaCache by subscribing for 53.6 million newly issued ordinary shares of the Company, which are represented by 3.4 million American Depositary Shares (ADSs) of the Company. ChinaCache stated that the purchase price for this transaction is $16.34 per ADS, or $1.02 per ordinary share. The Company expects the transaction to close in March 2014, subject to satisfaction of customary closing conditions. The full analyst notes on ChinaCache International Holdings Ltd. are available to download free of charge at:
Web.com Group, Inc. Analyst Notes
On March 3, 2014, Web.com Group, Inc. (Web.com) announced the acquisition of SnapNames, a leader in the daily online auction sales of domain names, from KeyDrive S.A. Commenting on the development, Web.com's Chairman and CEO, David L. Brown said, "This acquisition enables us to enhance our existing domain related assets and provide additional services for customers who are looking for specific domain name addresses. In today's expanding domain resale marketplace, SnapNames is a global industry leader with experience and expertise in domain lifecycle management and auction services." Web.com expects this transaction to be immaterial to its 2014 financial results. The full analyst notes on Web.com Group, Inc. are available to download free of charge at:
Blucora, Inc. Analyst Notes
On February 26, 2014, Blucora, Inc. (Blucora) announced that its affordable tax solutions provider wholly-owned subsidiary, TaxAct has released a donation tracking app called Donation Assistant which aids taxpayers in tracking their non-cash and cash donations throughout the year and maximize their deductions at tax time. Blucora informed that taxpayers can download the free app now to start tracking their 2014 donations so that, at tax time, the data can be quickly and easily transferred to TaxACT Deluxe 2014 for tax returns due April 2015. According to Blucora, the information will automatically transfer to the program's Donation Assistant tool, calculate deduction amounts and complete Schedule A and Form 8283. The free app is available for Android and iOS. The full analyst notes on Blucora, Inc. are available to download free of charge at:
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