On today’s “The Next Big Trade,” Cantor Fitzgerald Internet Analyst Youssef Squali discusses his trade for eBay. He speaks on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
On today’s “The Next Big Trade,” Cantor Fitzgerald Internet Analyst Youssef Squali discusses his trade for eBay. He speaks on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Posted in Business, Companies, Financial Markets, Stocks
Tagged eBay, Financial Markets, Investing, Stocks
Millionaire Corner surveys investors to obtain insights into their financial needs and preferences. Research is conducted in partnership with Spectrem Group, the premier market research and consulting firm in the wealth and retirement industries. This educational infographic explains the “Fiscal Cliff,” and offers possible solutions.
Source: Millionaires Corner, Visual.ly,
Posted in Business, Economy, Infographic, Life, People, Politics
Tagged Debt, Economy, Finance, Financial Markets, Fiscal Cliff, Politics
LinkedIn Reports Q2 Earnings. Today LinkedIn reported its second quarter financial performance, which included revenues of $228 million, and earnings per share of $0.16. Analysts had expected revenues of $216 million, and earnings per share of $0.16. Essentially, LinkedIn outperformed on its top line, and met expectations on its bottom.
Year over year, its revenues were up some 89%. GAAP earnings per share was $0.03. LinkedIn was down just over 2% in normal trading, and is now rising in after hours trading. LinkedIn reported that it has some 175 million members, making it one of the world’s largest digital relationship networks. US Revenues comprised some 65% of total revenues for the firm’s quarter.
Non-GAAP net income for the quarter was $18.1 million. For comparison, you can read TNW’s coverage of LinkedIn’s last quarterly report here.
Given the market’s reaction, and the fact that LinkedIn did manage to best expectations on one metric, the company performed well. Still, the company is richly valued. According to Google Finance, before this report and its recent stock uptick, LinkedIn’s PE ratio was over 575. LinkedIn’s performance today may buoy its Beauregard Internet brethren, Facebook.
Finally, LinkedIn has boosted its full year fiscal expectations “upward to $915 million to $925 million from the prior range of $880 million to $900 million.” Full speed ahead.
Source: The Next Web
Posted in Business, Economy, Financial Markets, Social Media
Tagged Financial Markets, LinkedIn, Members, Q2 Earnings, revenue, Social Media
Posted in Business, Economy, Financial Markets, Stocks
Tagged Economy, Financial Markets, Stocks
After this week’s Apple event, the writers in the finance world are busy to tell us why Apple should pay a dividend to its shareholders. The reasons brought up range from greed to theories from 1871 and worse. Fact is, Apple is not paying such dividend, and rightly so. Continue reading
Posted in Business, Companies, Financial Markets, Politics
Tagged Apple, Cash, Dividends, Financial Markets, Goldman Sachs, Investors, Morgan Stanley
Posted in Business, Financial Markets
Tagged Financial Markets, Hong Kong, Lunchbreak
Posted in Business, Economy, Financial Markets, Stocks
Tagged Economy, Europe, Financial Markets
Posted in Economy, Financial Markets, Politics
Tagged Bllomberg, Economy, Financial Markets, Greece, Portugal
Posted in Economy, Financial Markets
Tagged Banks, China, Financial Markets, Reserve Ratio
Posted in Business, Financial Markets, Life, People, Politics
Tagged Black Friday, Economy, Financial Markets, Politics
Posted in Economy, Financial Markets, Politics
Tagged Financial Markets, Politics, Stocks, Wall Street
U.S. economy gained 117,000 jobs in July – MarketWatch.
This saves the day on Wall Street. Jobs still weak, but this is an encouragement, at least for today. The economy is on the edge of falling off the cliff again, we need good news. The statement of inability from our party leaders in D.C. during the past weeks, didn’t help the cause.
Posted in Economy, Financial Markets, Stocks
Tagged Economy, Financial Markets, Jobs, Stocks, Wall Street