Mizuho Securities Remains Bullish on LinkedIn (LNKD) Following 2Q Results

LinkedIn (LNKD) Strong Q2 and Conservative Guidance Create Buying Opportunity, Needham & Company Says

July 31, 2015 9:02 AM EDT

Needham & Company analyst Kerry Rice reiterated his Buy rating and bumped his price target on LinkedIn (NYSE: LNKD) to $260.00 (from $250.00) following strong Q2 results and conservative guidance, which creates a buying opportunity with the stock lower.

Rice commented, "LinkedIn 2Q15 revenue and EBITDA exceeded... More

RBC Capital's Mahaney Reiterates Bullish Stance on LinkedIn (LNKD)

July 31, 2015 8:54 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $275 price target on LinkedIn (NYSE: LNKD) following better than expected Q2 results, but lowered organic H2 guidance, citing ongoing weakness in its high-margin Display Advertising segment.

The keys to the quarter, according to Mahaney: 1)... More

Evercore ISI Downgrades LinkedIn (LNKD) to Hold

July 31, 2015 6:49 AM EDT

Evercore ISI downgraded LinkedIn (NYSE: LNKD) from Buy to Hold with a price target of $220.00 (from $250.00).

Analyst Ken Sena commented, "Last quarter, we entitled our earnings review, Nothing a Couple Bridges Cant Fix. Well, were back with more bridges, which like last time, aim to explain why the FY guidance needs to come down. While we are not keen on making rating changes in response... More

Cowen Affirms LinkedIn (LNKD) at 'Outperform' Following Q2 Results; Display Ad Decline Hampers Outlook

July 31, 2015 6:26 AM EDT

Cowen and Company affirms its Outperform rating and $260 price target on LinkedIn (NYSE: LNKD) following Q2 results issued after markets closed Thursday.

Analyst John Blackledge noted that LNKD topped Q2 revenue and EBITDA expectations, but guided the core business down by about $25 million on larger display ad revenue declines.

On core metrics, Blackledge noted: Talent Solutions (Hiring) customers reached 37.4K, up 33 percent y/y (+8 percent q/q vs. +5 percent in 1Q), ~1 percent... More

Market Wrap: Revised Q2 GDP Misses Mark; SoulCycle Files for IPO; LinkedIn Limps on Premium Sub Slowdown

July 30, 2015 5:28 PM EDT

Market wrap for July 30th

End of the Day: S&P 500 up 0.1 to 2,108.63; Dow Jones down 5.4 to 17,745.98; Nasdaq up 17.1 to 5,128.79

Market Brief: U.S. markets ended flat Thursday as revised Q2 GDP numbers failed to inspire.

Initial jobless claims rose less than expected last week.

Boutique cardio fitness company SoulCycle filed for an IPO, with an initial registration of $100 million shares of its Common Stock.

Earnings were largely mixed on the session. LinkedIn slipped late as growth in Premium Subscriptions... More

After-Hours Stock Movers 07/30: (YRCW) (COLM) (ZLTQ) Higher; (OCLS) (EA) (LNKD) Lower (more...)

July 30, 2015 5:27 PM EDT

YRC Worldwide (NASDAQ: YRCW) 16.3% HIGHER; reported Q2 EPS of $0.80, $0.55 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.31 billion.

Columbia Sportswear (NASDAQ: COLM) 11.7% HIGHER; reported Q2 EPS of ($0.09), $0.14 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $380.2 million versus the consensus estimate of $345.79 million. Columbia Sportswear sees FY2015 EPS of $2.25-$2.35, versus prior guidance of $2.15-$2.25 and the consensus of $2.24.

Oculus Innovative... More

LinkedIn (LNKD) Tops Q2 EPS by 25c

July 30, 2015 4:02 PM EDT

(Updated - July 31, 2015 8:45 AM EDT)

LinkedIn (NYSE: LNKD) reported Q2 EPS of $0.55, $0.25 better than the analyst estimate of $0.30. Revenue for the quarter grew 33% to $712 million versus the consensus estimate of $679.8 million. Revenue on a constant currency basis was up 38% from last year. Adjusted EBITDA was $163 million, or 23% of revenue.

The company highlighted:

Talent Solutions revenue (inclusive of Learning & Development) was $443 million,... More

LinkedIn (LNKD) Ticks Higher Ahead of Q2 Report

July 30, 2015 3:46 PM EDT

LinkedIn (NYSE: LNKD) is seeing a late-day move higher ahead of its Q2 report.

The company is expected to post Q2 EPS of $0.30 with revenue of $680 million, from... More

Wall St. lower at the open after GDP data

July 30, 2015 10:06 AM EDT

By Tanya Agrawal

(Reuters) - U.S. stocks opened lower on Thursday after data showed that the U.S. economy grew at a slower-than-expected pace in the second quarter even as the Federal Reserve left doors open for a possible rate hike in September.

Gross domestic product expanded at a 2.3 percent annual rate, the Commerce Department said, but economists had expected a 2.6 percent rise.

The numbers come a day after the Fed said the U.S. economy and job market continue to strengthen.

The Fed has maintained near-zero interest rates for nearly a decade,... More

Trading Radar for 7/30: P&G (PG), ConocoPhillips (COP), LinkedIn (LNKD), Expedia (EXPE), Electronic Arts (EA), Nokia (NOK) Report

July 29, 2015 2:50 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 272kContinuing Claims - Street sees 2.200MGDP: Adv. - Street sees 2.5%Chain Deflator: Adv. - Street sees 1.5%

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.11
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus EPS $0.06
ADP (NYSE: ADP) - consensus EPS $0.60
Abengoa Yield (NYSE:... More