Chicago, IL  11/4/2012 ( Basicsmedia)  —  Week Earnings: MoneyGram (NYSE:MGI)Sohu.com (NASDAQ:SOHU) and True Relgion (NASDAQ: TRLG) all were scheduled to report before the open this morning, 2 are resheduled due to Hurricane Sandy.  Bless all those effected!!

MoneyGram (NYSE:MGI)   MoneyGram International, Inc. (MGI) announced Friday that it has rescheduled its third quarter fiscal year 2012 earnings release to Friday, November 9, 2012. Pamela H. Patsley, chairman and chief executive officer, and Alex Holmes, executive vice president and chief financial officer, will host a conference call at 9 a.m. EST to discuss the quarterly financial results. A news release detailing the results will be available prior to the call on MoneyGram’s website at www.moneygram.com. MoneyGram had previously announced that it would provide results for the third quarter of fiscal year 2012 on Monday, November 5, 2012.

 

Sohu.com (NASDAQ:SOHU)  Sohu (SOHO) has been a range trader (a banded one) starting 2012 at $50 trading up to $65 and testing the low $30’s in 2012, reported earning this morning.  Shares were up a bit Friday +.80 trading near the years mid-point at $40 p/s and had little trading prior to numbers.

Dr. Charles Zhang, Chairman and CEO of Sohu.com Inc. commented, “We are pleased with the solid financial results we achieved in the third quarter. Total revenues surpassed our expectations, rising 23% year-on-year. Brand advertising revenues met the high end of our guidance and online gaming revenues came in well ahead of our expectations.”

Dr. Zhang added, “By business unit, for online video, our newly set-up dedicated sales team is bringing in results and we expect fourth quarter advertising revenue to be back on growth track. Sogou maintained triple-digit year-on-year revenue growth which was supported by improved monetization. For Changyou, strong performance by both MMO and web games helped post new records for both revenues and profit.”

Ms. Belinda Wang, Co-President and COO added, “In the third quarter, thanks to solid demand from FMCG sector and the recovery of real estate sector, our brand advertising revenues reached the high end of our prior estimate. For the fourth quarter, although we see some weakening signals from the auto sector where Japanese car makers cut spending as a result of sharp decline in their sales volume, the impact is expected to be offset by the contribution from other sectors.”

 

True Religion (NASDAQ:TRLG)—  True Religion Apparel, Inc. (TRLG) today announced that, due to Hurricane Sandy, the Company is rescheduling the release of its financial results for the third quarter ended September 30, 2012, to Monday, November 5, 2012 before the market open. Mr. Jeffrey Lubell, Chairman, Chief Executive Officer and Chief Merchant, Ms. Lynne Koplin, President, and Mr. Pete Collins, Chief Financial Officer, will host a conference call that morning (November 5, 2012) at 11:00 a.m. ET (8:00 a.m. PT) to discuss the financial results.

True Religion Apparel, Inc. is a growing, design-based jeans and jeans-related sportswear brand. The Company designs, manufactures and markets True Religion Apparel products, including its premium True Religion Brand Jeans. Its expanding product line, which includes high-quality, distinctive styling and fit in denim, sportswear, and licensed products, may be found in the Company’s branded retail and outlet stores as well as contemporary department stores and boutiques in 50 countries on six continents. As of June 30, 2012, the Company owned and operated 116 retail stores in the United States and 23 international stores.

Disclaimer:  We have no position in any stock mentioned here.

 

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