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Yahoo has announced a pending 10 percent reduction in workforce to counter a 64 percent drop in revenue, $54.3 million compared to $151.3 million a year ago. Analyst highlight a rapid detriorating display revenue growth in the weakness.
Yahoo, Bellwether for Bankrate.com?
This made me think Bankrate.com, a notably strong performer in a struggling mortgage lead generation [...]
Continue Reading 1 comment Lead Company, Lead Generation, Lead Market News
On the heels of Bankrate.com’s $15 mm acquisition of Bankaholic.com, essentially a one man blog, other entrants drop into the space.
Paul Knag points to new bank rate comparison sites, like BankAround.com and MyBankTracker.com. Paul highlights that they are user experience remakes of the classic Bankrate.com rate tables paradigm.
Is there room and utility for more than [...]
Amid disappointing news that Bankrate.com (RATE) would cut 2008 revenue guidance by 2%, resetting expectations between $164 to $169 million, some analyst are rushing in with rating upgrades.
Why?
Because Tom Evans is smart and Bankrate.com has a sturdy platform for weathering economic and advertising storms. The masterful management of expectations early sets a nice low bar [...]
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