VeriSign (VRSN) Dot-Com Renewal is Actually Positive News - Barron's
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November 30, 2012 10:06 AM EST
Verisign, Inc. (Nasdaq: VRSN) shares are getting higher following renewal of its .com registry agreement with Internet Corporation for Assigned Names and Numbers (ICANN).
In part, the renewal stipulates: "...Verisign's current pricing of $7.85 per domain name registration will continue for the six-year term of the Agreement....Verisign no longer has the right to four price increases of up to seven percent over... More
November 30, 2012 8:23 AM EST
VeriSign, Inc. (NASDAQ: VRSN) slammed in early market action on resumption of trading, down about 16 percent of so. The move comes following renewal of its .com license renewal with Internet Corporation for Assigned Names and Numbers (ICANN).
Under the agreement, VeriSign... More
November 30, 2012 8:01 AM EST
VeriSign, Inc. (NASDAQ: VRSN) announced the U.S. Department of Commerce approved the renewal of Verisign's agreement with the Internet Corporation for Assigned Names and Numbers (ICANN) to serve as the authoritative registry operator for the .com registry (the "2012 .com Registry Agreement") for the term commencing on Dec. 1, 2012 through Nov. 30, 2018 with certain new terms and conditions. The Commerce Department determined the 2012 .com Registry Agreement is in... More
