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Stock Market & Financial Investment News

News Breaks
August 1, 2014
11:52 EDTLNKD, FB, TWTR, MEETLinkedIn rallies after results, outlook beat estimates
Shares of social media company LinkedIn (LNKD) are rallying after the company’s second quarter results, and its outlook for both the third quarter and full year, surpassed analysts’ consensus estimates. WHAT'S NEW: Last night, LinkedIn reported second quarter adjusted EPS of 51c and revenue of $534M, topping analysts’ consensus estimates of 39c and $510.98M, respectively. Q2 premium subscription revenue came in at $105M, up 44% year over year, and represented 20% of total revenue in the second quarter. Cumulative members grew 32% in Q2 to 313M. Q2 adjusted EBITDA came in at $145M, or 27% of revenue. WHAT’S NOTABLE: For the third quarter, LinkedIn expects Q3 adjusted EPS of approximately 44c and revenue of $543M-$547M, compared to estimates of 40c and $540.86M, respectively. Q3 adjusted EBITDA is expected to range between $134M-$136M. For fiscal 2014, adjusted EPS is forecast at approximately $1.80 and revenue of $2.14B-$2.15B, versus estimates of $1.64 and $2.13B, respectively. FY14 adjusted EBITDA is expected to range between $545M-$550M. ANALYST REACTION: This morning, research firm Pacific Crest raised its price target on LinkedIn to $250 from $220 and kept an Outperform rating on the shares due to strong Q2 results. The firm said user metrics were “shaky” and still a “big question,” however they were optimistic about the company’s new initiatives such as job listings, international, CRM, and advertising. They felt LinkedIn was the least expensive of the fast-growing internet names. Another firm, JP Morgan, also raised their price target to $241 from $235, and kept an Overweight rating on the shares. They were impressed with the company’s better than expected Q2 results, its marketing reacceleration, and the re-launch of its sales navigator product. PRICE ACTION: In late morning trading, LinkedIn rose $17.63, or almost 10%, to $198.27 on nearly triple its average daily trading volume. Despite today’s advance, the stock has lost approximately 7% over the past twelve months. OTHERS TO WATCH: Other companies in the social media space include Facebook (FB), down 0.5%, Twitter (TWTR), down 1.3%, and MeetMe (MEET), down 4.6%.
News For LNKD;FB;TWTR;MEET From The Last 14 Days
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October 16, 2014
16:44 EDTTWTRTwitter launches Audio Card with third-party streaming services
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16:01 EDTTWTROptions Update; October 16, 2014
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10:54 EDTTWTRTwitter October weekly volatility elevated into Q3 and growth outlook
Twitter October weekly call option implied volatility is at 94, November is at 75, December is at 58, January at 54; compared to its 26-week average of 54 according to Track Data, suggesting large near term price movement into the expected release of Q3 results after the market close on October 27.
10:38 EDTLNKDLinkedin October volatility elevated into Q3 and growth outlook
Linkedin October weekly call option implied volatility is at 71, November is at 55, December is at 47, January at 44; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q3 results after the market close on October 30.
09:39 EDTTWTR, FBActive equity options trading on open
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October 15, 2014
18:26 EDTTWTROn The Fly: After Hours Movers
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16:00 EDTTWTROptions Update; October 15, 2014
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12:02 EDTFBStocks with call strike movement; FB WMB
Facebook (FB) March 80 call option implied volatility increased 4% to 80, Williams (WMB) February 57.5 call option implied volatility increased 5% to 41 according to IVolatility.
09:38 EDTTWTRActive equity options trading on open
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07:20 EDTFBFacebook likely to beat Q3 expectations, says Oppenheimer
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07:11 EDTFBFacebook should be bought into Q3 results, says Deutsche Bank
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06:43 EDTFBFacebook, Samsung could collaborate to develop mobile content, Korea Times says
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October 14, 2014
16:00 EDTTWTROptions Update; October 14, 2014
iPath S&P 500 VIX Short-Term Futures down 40c to 39.11. Option volume leaders: AAPL TSLA TWTR AMZN GILD C JNJ AA NFLX PBR according to Track Data.
11:49 EDTTWTRStocks with call strike movement; TWTR DAL
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09:37 EDTTWTRActive equity options trading on open
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October 13, 2014
13:10 EDTFBGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
10:50 EDTTWTRTwitter reverses lower on the session, levels to watch
Shares are down 2% to $49.38 at time of writing, nearing 1-month lows. Support below is at $47.56, the 1-month low. Resistance is at $50.16.
09:39 EDTTWTR, FBActive equity options trading on open
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05:15 EDTFBFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
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October 12, 2014
18:06 EDTTWTRTwitter, French bank partner to allow money transfers via tweets
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