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Pimco New York Municipal Income Fund III V.PYN


Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.


NYSE:PYN - Post by User

Pimco New York Municipal Income Fund III
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Comment by bigpocketsincon Oct 15, 2012 9:20am
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Post# 20483455

Rumors around Baidu

Rumors around Baidu

Rumor: Baidu To Spin Off LBS Division As It Focuses on Local and Maps

  • 0

With so many web searches being for local things [1], China’s Baidu (NASDAQ:BIDU) is rumored to be focusing more on location-based services (LBS) for local searches. To do this, the search engine giant will spin off its LBS operations as a separate business division. Then, this Baidu LBS department will have a laser focus on online maps, live traffic information, and local listings under its existing Baidu Shenbian (“Local”) service.

This LBS move has been revealed by an unnamed Baidu source to Chinese media such as Sina Tech, but it has not yet been confirmed by the company. An official announcement could come as soon as next week, with Baidu thought to be preparing an event for October 17th. It’s believed that Shen Li will be in charge of this new LBS division, and it’ll see local venue searches and nearby listings developed even faster on both the desktop maps service and within both the Baidu Maps and Baidu Shenbian apps.

The cross-platform Baidu Maps app was updated to v4.0 late last month, bringing with it live traffic for several cities, experimental live public bus info for one city, and built-in discount vouchers for some local stores and restaurants.

The push into maps and local comes at a good time, as Apple’s new maps app does so badly, and users of iOS 6 on iPhones lack a native Google Maps app. Aside from those rivals, Baidu has very strong competition in this LBS area from all directions: from deals sites such as Dianping, from startups doing great listings and coupons apps, and from mapping products from other major Chinese web companies, like Tencent’s Soso Maps.

As for mobile, Baidu’s CEO and founder Robin Li was at Stanford University recently where he said he’s expecting to see three times more mobile revenue in 2012 compared to last year.

Link : https://www.techinasia.com/baidu-lbs-maps-division/

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Industry Report with Poynt : https://www.extensia-ltd.com/reports/Mobile-Local-Search-Market-20112014.aspx

Comprehensive global report, where Poynt is interviewed, covered and used in a case study : https://www.juniperresearch.com/reports/mobile_search_discovery

Poynt is also named in this NR about global mobile search growth along with Qype and Yelp : https://juniperresearch.com/viewpressrelease.php?pr=326

https://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=www.cnpoynt.com

- Poynt's USA mobile search ownership along with Google, Yelp etc https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30949637&l=0&r=0&s=PYN&t=LIST

Juniper Research Report on Global Mobile Commerce promiently contains Poynt see link : https://www.juniperresearch.com/reports/mobile_commerce_markets

Another Global Research Report Containing Poynt : https://www.berginsight.com/ReportPDF/ProductSheet/bi-lba-ps.pdf

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