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Stock Market & Financial Investment News

News Breaks
February 7, 2013
12:32 EDTLNKDEarnings Preview: LinkedIn shares up over 16% since last earnings report
LinkedIn (LNKD) is expected to report Q4 earnings after the market close on Thursday, February 7 with a conference call scheduled for 5:00 pm ET. LinkedIn is a social networking website that connects more than 200M members that create, manage and share their professional identity... EXPECTATIONS: Analysts are looking for EPS of 19c on revenue of $279.5M. The consensus range is 15c-24c for EPS, and $273.8M-$289M for revenue, according to First Call... LAST QUARTER: LinkedIn reported Q3 EPS 22c against estimates of 11c on revenue of $252M against estimates of $243.9M. The company gave Q4 revenue guidance of $270M-$275M and Q4 adjusted EBITDA $58M-$60M. LinkedIn also raised its FY12 revenue guidance to $939M-$944M from $915M-$925M in its previous earnings release... STREET RESEARCH: Most analyst firms have remained positive on LinkedIn following its strong Q3 results. Looking ahead to Q4, Piper Jaffray said traffic was trending above expectations and Susquenhanna says metric points to the upside in Q4 revenues. ITG Research also said that the company's November strength indicates that it is likely tracking above Q4 consensus numbers. Even though Facebook's (FB) announcement of a jobs application initially caused LinkedIn shares to fall, Piper Jaffray said the app launch would not be a competitive threat to LinkedIn and that its shares should be bought on weakness. In an analyst note this past week, Canaccord analyst Michael Graham said "If the stock repeats Q3's performance (good numbers and a pull-back on valuation), we would be buyers"... PRICE ACTION: LinkedIn shares have gained more than 16% since the first day of trading following the company's Q3 report. In Thursday midday trading ahead of its Q4 report, LinkedIn shares are trading up down over 1%.
News For LNKD From The Last 14 Days
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July 29, 2014
07:07 EDTLNKDLinkedIn August weekly volatility elevated at 116 into Q2
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July 28, 2014
09:14 EDTLNKDCBS Outdoor appoints Punter Chief Revenue Officer
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07:01 EDTLNKDLinkedIn should report strong Q2 results, says Cantor
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July 23, 2014
18:34 EDTLNKDOn The Fly: After Hours Movers
UP AFTER EARNINGS: Fortinet (FTNT), up 7.8%... Hanesbrands (HBI), up 5.4%... 8x8 (EGHT), up 5.1%... Infinera (INFN), up 4.9%... Facebook (FB), reverses and is now trading up 5.1% following second quarter earnings conference call. NOTABLE: Twitter (TWTR), up 1.7%, LinkedIn (LNKD), up marginally, and Yelp (YELP), up 1.6% after Facebook reports second quarter results. ALSO HIGHER: Spectranetics (SPNC), up 7.1% after receiving FDA clearance for atherectomy products, Turbo-Tandem and Turbo Elite... Ariad Pharmaceuticals (ARIA), up 7.1%... Jamba (JMBA), up 3.8% after Engaged Capital reports stake in the company and announced that they had discussions with management. DOWN AFTER EARNINGS: AT&T (T), down 1.2%... Angie's List (ANGI), down 16.4%... Tripadvisor (TRIP), down 11.5%... Orchids Paper (TIS), down 7.4%... Cirrus Logic (CRUS), down 6.6%... Cliffs Natural (CLF), down 1.2%... Teradyne (TER), down 4%. ALSO LOWER: Kandi Technologies (KNDI), down 3.8% after being mentioned negatively in a Seeking Alpha blog post.
July 22, 2014
16:28 EDTLNKDLinkedIn to acquire Bizo for $175M in cash, stock
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July 16, 2014
08:08 EDTLNKDOracle Social Cloud announces LinkedIn support for SRM platform
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July 15, 2014
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
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