Int'l Business Times: LinkedIn Corp (LNKD) Q4 2015 Earnings: Rising Costs Drag Down Profits, Forecasts

Int'l Business Times: LinkedIn Corp (LNKD) Q4 2015 Earnings: Rising Costs Drag Down Profits, Forecasts

Byinfo@50park.com

ON 02/04/16 AT 4:52 PM SAN FRANCISCO — LinkedIn shares plummeted more than 25 percent in after-hours trading Thursday following the release of the company’s fourth-quarter earnings, in which the professional networking site outlined a worse-than-expected forecast entering 2016 and reported net income down from a year prior due to growing expenses. The Mountain View, California, company posted revenue of…

Reuters: Wall Street ends slightly up, helped by materials shares

Reuters: Wall Street ends slightly up, helped by materials shares

Byinfo@50park.com

Markets | Thu Feb 4, 2016 3:32pm EST The S&P 500 and Nasdaq edged lower in choppy trading Thursday after disappointing forecasts from retailers and as investors braced for Friday’s monthly jobs report. Consumer-related shares were among the biggest losers in the S&P 500 after Ralph Lauren (RL.N) and Kohl’s (KSS.N) retailers warned of a…

CNBC: Dow jumps 100 again, S&P positive as oil surges 8%

CNBC: Dow jumps 100 again, S&P positive as oil surges 8%

Byinfo@50park.com

U.S. stocks attempted a massive comeback on Wednesday as oil prices recovered. West Texas Intermediate gained about 8 percent higher in choppy trade after the Energy Information Administration said U.S. inventories rose by 7.8 million barrels last week. Crude prices briefly erased gains following the data release, but surged on a weaker dollar. The dollar…

CNBC: Stocks close narrowly mixed despite oil slide; FB, Alphabet rise

CNBC: Stocks close narrowly mixed despite oil slide; FB, Alphabet rise

Byinfo@50park.com

Mon, Feb 01, 2016 U.S. stocks closed narrowly mixed Monday, stabilizing on the first trading day of February, despite declines in oil prices and soft China manufacturing data. The Nasdaq composite closed higher as Facebook extended recent gains and shares of Alphabet rose ahead of its earnings report, due after the close. Hopes of more…

Week-In-Review: The Oversold Bounce Continues…For Now

Week-In-Review: The Oversold Bounce Continues…For Now

Byinfo@50park.com

The Oversold Bounce Continues…For Now Stocks rallied for the second straight week but ended sharply lower for the month. January 2016 was one of the largest monthly declines in Wall Street’s history. Stocks across the world plunged in the first half of the month on fear of a global recession. Then, on cue, a few powerful…

Reuters: Amazon shares plunge as record profit still misses estimates

Reuters: Amazon shares plunge as record profit still misses estimates

Byinfo@50park.com

Technology | Fri Jan 29, 2016 1:02am EST Amazon.com Inc posted its most profitable quarter ever on Thursday but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as well as the company’s determination to…

Reuters: US Fed keeps rates unchanged, sees inflation low in near-term

Reuters: US Fed keeps rates unchanged, sees inflation low in near-term

Byinfo@50park.com

Markets | Wed Jan 27, 2016 2:32pm EST The Federal Reserve kept interest rates unchanged on Wednesday and said it was “closely monitoring” global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. The central bank’s decision was widely expected after a month-long plunge in U.S. and world equities raised…