LinkedIn Corp (NYSE:LNKD) was the topic this week of a Barron’s article titled, “A Gutsy Pre-Earnings Wager on LinkedIn” which highlighted JPMorgan analyst Douglas Anmuth’s positive outlook on this social media company prior to its earnings release. The article published late Tuesday talked about how Anmuth projected a good earnings report, solid financials overall and user growth…
Masco Climbs 6% in Late Trade
Masco (MAS) is higher in after hours trading after the company posted mixed financial results for Q2, or the quarter ended June 30, 2014, with revenue that matched analysts’ expectations, and earnings that came in better than expected. Shares are up 5.57% at $21.40, with a 52-week range of $18.27 – $23.73. The company, which…
Yelp Inc (NYSE:YELP) Shares Soar on OpenTable (NASDAQ:OPEN) Acquisition
Yelp Inc (NYSE:YELP) shares are up over 13.5% on Friday after Priceline (NASDAQ:PCLN) acquired peer OpenTable (NASDAQ:OPEN). At current price next resistance is at $74.90, the high of the day. Support is at $71.25. YELP Equity Analysis Yelp (NYSE:YELP) opened trading today as $65.84 and traded in the range of 71.83-75.68 today and saw over $16…
Company Update: Amazon.com Inc (NASDAQ:AMZN) – Amazon Announces Prime Streaming Music
On Thursday, Amazon.com Inc (NASDAQ:AMZN) added a music streaming service to its list of benefits for those holding an Amazon Prime membership. Prime Music features more than one million songs, with unlimited, ad-free listening at no extra cost to members. Read more here. Amazon.com Inc. (AMZN), currently valued at $149.97B, began trading this morning at $306.85.…
Facebook Inc(NASDAQ:FB) Seeks Review of WhatsApp Deal from EU Regulators
Facebook Inc(NASDAQ:FB) has asked antitrust regulators in the European Union to review its acquisition of mobile messaging service WhatsApp, according to several media reports. Consolidating the review could prove stock-supportive for the social media giant as it may mean fewer hurdles for the acquisition. So far Wednesday, FB is trading slightly lower. European telecom companies have…
Exterran Holdings Up 5%
Exterran Holdings (EXH) has reported First wuarter financial results. The company shares gained 5% today.
The Progressive Corporation March Results: Strong PIF Growth, Good Accident Year Metrics Highlight March Earnings Beat
Progressive’s March results showed a marked improvement versus the first two months of the year, with the accident year loss ratio moving back to 69% from the 73% average over the first two months, and sequential growth accelerating across all key business segments.
Apollo Education Group Positive Investor Day, but Recovery Remains Difficult to Quantify
Apollo Education Group’s first investor day since 2006 helped shed light on a business in transition and the deep and qualified leadership team behind the transition, but lacked incremental quantitative support for the next leg up in the company’s recovery. Management still believes the core domestic degree business can return to modest growth through a…
Bottomline Technologies, Inc. Andera Acquisition Positive Addition to Commercial Banking Solutions
Yesterday, Bottomline Technologies announced that it agreed to purchase Andera, a provider of customer acquisition solutions for banks and credit unions. The company has over 500 customers and has helped process more than 4.5 million new account applications. More specifically this offering will pair with the recent Intuit acquisition and will focus on providing commercial…
UniFirst Corporation Fiscal Second-Quarter Misses on Margin Pressure
UniFirst reported fiscal second-quarter adjusted EPS of $1.27, which were flat year-over-year and below both our $1.36 estimate and the $1.39 Street consensus. The miss was mainly driven by margin pressure, as multiple factors, such as increased natural gas prices, elevated bad debt expense, and lost leverage in the Specialty Garments business, all hit at…