New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 4, 2014
13:08 EDTLNKD, PCRFYLinkedIn to be used for recruitment by Panasonic, Nikkei says
News For LNKD;PCRFY From The Last 14 Days
Check below for free stories on LNKD;PCRFY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 22, 2014
16:28 EDTLNKDLinkedIn to acquire Bizo for $175M in cash, stock
Subscribe for More Information
July 16, 2014
08:08 EDTLNKDOracle Social Cloud announces LinkedIn support for SRM platform
Subscribe for More Information
July 15, 2014
11:39 EDTPCRFYPanasonic to sell staffing solutions unit, Nikkei reports
Subscribe for More Information
10:33 EDTLNKDFacebook, Twitter slip following cautious valuation comments from Fed
Shares of a number of companies in the social media and biotech industries moved lower following the circulation of cautious comments about their stock valuations that were included in the Federal Reserve's latest Monetary Policy Report. WHAT'S NEW: In the report, presented by the Board of Governors of the Federal Reserve and signed on behalf of the governors by Chair Janet Yellen, the central bank wrote that some broad equity price indexes have increased to all-time highs in nominal terms since the end of 2013, but that valuation measures for the overall market in early July were "generally at levels not far above their historical averages." However, the Fed's report also cautioned that valuation metrics in some sectors do appear substantially "stretched," particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year. As support for its assessment, the Fed noted that ratios of prices to forward earnings for "smaller firms as well as social media and biotechnology firms" remain "high relative to historical norms." PRICE ACTION: Following the circulation of the comments in the Fed report, shares of Facebook (FB) are down 88c, or 1.3%, to $67.02, Twitter (TWTR) is down 24c, or 0.6%, to $38.07 and LinkedIn (LNKD), is down 21c, or 0.1%, to $159.57. Shares of some biotechnology companies including Celgene (CELG) and Amgen (AMGN) also ticked lower following the circulation of the comments from the Fed's report.
10:18 EDTLNKDFacebook, Twitter move lower following comments from Yellen
Subscribe for More Information
July 14, 2014
09:46 EDTLNKDLinkedIn acquires Newsle; Terms not announced
In a blog post, LinkedIn announced that it has acquired Newsle, a machine learning startup that specializes in disambiguation, natural language processing. he terms of the acquisition were not announced, but LinkedIn says that Newsle will continue to operate as a standalone product for the time being. Reference Link
July 11, 2014
06:10 EDTLNKDJPMorgan expects solid Q2 results in Internet space
Subscribe for More Information
July 10, 2014
06:26 EDTPCRFYTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use