Tag: monster


Goldman Sachs downgrades Monster to ‘sell’

Goldman Sachs downgrades Monster to ‘sell’

Monster Worldwide stock (NYSE: MWW) traded lower this morning on news that Goldman Sachs was recommending investors to sell. 

Goldman Sachs analyst Ingrid Chung cut her rating from "neutral" to "sell" with a new target price of $14, down from $18. 

Chung noted "structural risk. ... we believe that pricing for classified recruitment ads will never fully recover from the c


CareerOne finalizes transition to Monster platform

CareerOne finalizes transition to Monster platform

CareerOne.com.au has relaunched its Web site to complete its integration with Monster's global platform.

Michael Harvey, CareerOne CEO, says the new site will deliver users a "world class" experience, "with improved functionality and a raft of enhancements to deliver a far more personalised job-hunting experience".

New features include a personalised homepage for each user,


Monster Index up 10 points in February

Monster Index up 10 points in February

The Monster Employment Index rose by 10 points in February, as employers resumed hiring after January's seasonal lull.

The index was up 2 percent year-over-year for the first time since December 2007, suggesting that U.S. labor is improving.

Monster Worldwide attributed part of the index's increase to seasonality: a rise in hiring in sectors like manufacturing, transportation


New managing director at Monster Finland

New managing director at Monster Finland

Marja Pylkkänen has been appointed managing director at Monster Oy as of March 1. She has worked at Monster Oy and its predecessor Jobline.fi for nearly 10 years, lately as product and development director. Pylkkänen reports to Raimo Mäkilä, SVP of marketplaces and she joins the management group of marketplaces' domestic businesses.

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Reaction mixed on Monster-HotJobs deal

So far, reaction to Monster's plan to buy HotJobs from Yahoo has been positive from the ad-publishing community directly affected by the deal, but rather negative from the investment community because of the upfront expense of the acquisition. 

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Monster acquisition of HotJobs would propel it back on top in traffic

Updated 11:20 EST 02/03/10

 

It was really only a matter of when: Monster Worldwide said it would buy HotJobs from Yahoo for $225 million in cash, in an acquisition expected to close by the third quarter. 

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Monster Career Ad Network extends job post reach

Monster Career Ad Network extends job post reach

Monster.com, one of the leading global online career and recruitment resources has just reported significant growth statistics from its Career Ad Network. via ComScore's Media Metrix Report. As of September 2009, ComScore reported the Monster network as the 25th most visited ad network, with an estimated reach of 84 million, or 43 percent of the U.S. online audience.     .. &


Again with the Monster takeover talk? C’mon, people

Again with the Monster takeover talk? C’mon, people

 

Dow Jones reports shares of Monster Worldwide Inc. rose Wednesday afternoon after message boards rumbled about takeover speculation.

It's hardly the first time. In fact, rumbles have burped up for years -- as far back as 2000, according to our archives.

Monster's shares (NYSE: MWW)


Careerbuilder, Monster flex muscles internationally

Careerbuilder, Monster flex muscles internationally

We've said it before: In times when it's difficult to build new revenue, build new markets. American-born recruitment portals Careerbuilder and Monster have been doing just that, reinforcing their positions both domestically and internationally.  

Careerbuilder signed a multimillion-pound deal with Sykes Global Services to use the Scottish technology firm's  IT, customer-care a


Ex-Monster exec Treacy gets 2 years

Ex-Monster exec Treacy gets 2 years

James Treacy, former president and COO of Monster, was sentenced to two years in a federal penitentiary this week on his May conviction of stock-options fraud.

Treacy was ordered to pay $6.3 million in fines, and and equal sum in restitution. During his trial, prosecutors alleged Treacy made as much as $24 million in the options back-dating scheme.