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Stock Market & Financial Investment News

News Breaks
August 1, 2014
11:52 EDTTWTR, FB, MEET, LNKDLinkedIn 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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November 17, 2014
09:36 EDTFB, TWTRActive equity options trading
Active equity options trading according to Track Data: AAPL PBR BHI GILD MU HD AMZN TSLA YHOO FB TWTR
07:52 EDTLNKDLinkedin volatility low into 'Facebook at Work' website report
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06:30 EDTFBFacebook says reducing 'overly promotional' page posts in news feed
Facebook said on Friday that "Our goal with News Feed has always been to show people the things they want to see. That’s why we often look to people on Facebook to tell us how we can improve. As part of an ongoing survey we asked hundreds of thousands of people how they feel about the content in their News Feeds. People told us they wanted to see more stories from friends and Pages they care about, and less promotional content. What we discovered is that a lot of the content people see as too promotional is posts from Pages they like, rather than ads. This may seem counterintuitive but it actually makes sense: News Feed has controls for the number of ads a person sees and for the quality of those ads, but those same controls haven’t been as closely monitored for promotional Page posts. Now we’re bringing new volume and content controls for promotional posts, so people see more of what they want from Pages.... Beginning in January 2015, people will see less of this type of content in their News Feeds. This change will not increase the number of ads people see in their News Feeds. The idea is to increase the relevance and quality of the overall stories – including Page posts – people see in their News Feeds. This change is about giving people the best Facebook experience possible and being responsive to what they have told us. While Pages that post a lot of the content we mention above will see a significant decrease in distribution, the majority of Pages will not be impacted by this change." Reference Link
06:23 EDTLNKD, FBFacebook working on 'Facebook at Work' website, FT reports
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November 14, 2014
17:07 EDTFBSoros Fund Management gives quarterly update on stakes
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16:26 EDTTWTRNasdaq clear leader as major averages end week higher
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16:01 EDTTWTR, FBOptions Update; November 14, 2014
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09:38 EDTTWTRActive equity options trading
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07:32 EDTFBHayman Capital gives quarterly update on stakes
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06:24 EDTFBFacebook implied volatility of 27 at lower end of index mean range
November 13, 2014
16:03 EDTFB, TWTROptions Update; November 13, 2014
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15:42 EDTTWTRTwitter heads for lows of the day following steady decline
The shares have been on a downside move since the start of the session. The initial gap up in price was met with selling that did not really pause for long. Volume is more than double the average. S&P assigned an unsolicited BB- corporate credit rating which has additionally weighed on the shares. At the current price of $40.26 next support is at $40, $39.38, and $37.45.
14:59 EDTTWTRS&P assigns Twitter unsolicited BB- rating
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11:22 EDTFB, TWTRDan Niles says looking to short more of Twitter
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10:05 EDTFBFacebook quietly launches Yelp rival, TNW reports
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09:40 EDTTWTRActive equity options trading
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08:58 EDTTWTRTwitter analyst day yields cohesive growth strategy, says Canaccord
Canaccord said Twitter's analyst day presentation yielded a cohesive strategy, which increased their confidence in management. The firm continues to like the stock, citing the company's broadly defined user base and engagement and the monetization potential of these users. Canaccord reiterated its Buy rating and $56 price target on Twitter shares.
08:58 EDTTWTRTwitter met needs at Investor Day, says RBC Capital
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07:38 EDTFB, LNKDBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
07:24 EDTTWTRTwitter addressed key challenges at analyst day, says JPMorgan
JPMorgan reiterates an Overweight rating on Twitter with a $64 price target saying the company addressed the key challenges around product and monthly active users at its analyst day. The firm it is encouraged that new product launches over the next 12 months will be heavier than it's ever been.
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