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  • LinkedIn posts strong second quarter results

    Amid broad market strength, social media giant LinkedIn (NYSE:LNKD) reported its second quarter results after the market close on Thursday. Shares traded higher by 4.52% going into the announcement, however, positive results help propel the company even higher during the after hours session. Second quarter profit rose 32% on a year over year basis to

  • Stocks buoyed by strong manufacturing data

    Stocks in the US surged higher on Thursday as a deluge of better than expected economic news helped buoy the broader indices.  Jobs data along with stronger than expected manufacturing were the catalyst for higher stock prices, despite a surprising earnings miss from oil giant Exxon Mobile. Yield on the 10-year bond also moved higher,

  • Yelp shares rise on an earnings beat
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    Yelp shares rise on an earnings beat

    August 1, 2013, 08:37 GMT

    Yelp (NYSE:YELP) has done especially well since its initial public offering in early 2012. Shares have risen more than 178% on the back of strong revenues and user traffic. While some have feared the company may never be able to monetize its traffic, the company has actively pursued additional revenue streams on top of the

  • Stocks close mixed despite strong economic data

    US stocks started the trading session on a positive note, with the Dow rising triple digits and hitting an all-time high on the heels of a better than expected GDP report.  Investors still needed to focus on the Fed decision on interest rates, but most investors expected the Fed to keep the language simple and

  • US markets hold steady ahead of Fed announcement

    US stocks held steady Tuesday, despite a wave of fresh earnings reports making headlines. Eastman Chemical Co. advanced more than 6 percent as earnings topped expectations. Mosaic Co., America’s largest US fertilizer producer, fell 17 percent after Uralkali, the world’s biggest potash producer, ended its relationship with its partner in Belarus. Agrium Inc., a Canadian-based

  • Facebook and Apple lift Nasdaq
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    Facebook and Apple lift Nasdaq

    July 31, 2013, 12:41 GMT

    Stocks in the US started off on a positive note, moving higher ahead of the Fed interest rate decision which is scheduled to be released to the public at 2PM on Wednesday.  Tech stocks such as Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB) have been the leaders over the past two trading session in a down tape

  • Sprint trades higher on second quarter results

    Shares of Sprint (NYSE:S) traded higher by almost 5% early in the session following the release of the company’s second quarter earnings before the bell on Tuesday morning. This report marks the first release for the company following the Softbank acquisition earlier this year. Sprint’s second quarter wireless service revenue climbed by 8% to a

  • 3D Systems tumble on disappointing results

    Anything and everything with exposure to the 3D printing space has caught a bid over the last few months. If you’re not familiar, 3D printing is the process of taking a digital model and creating a 3-dimensional solid object into virtually any shape. The process has revolutionized the way companies conduct research and development as

  • Stocks edge lower as momentum reverses course

    Stocks in the US continued to consolidate after experiencing a strong run up during the first half of July.  Earnings in the S&P 500 have generally beat expectations with nearly 68% of releases beating estimates and only 23% missing (the balances of the releases were in line).  Economic data continues to come in light, as

  • Sohu slumps on a revenue miss
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    Sohu slumps on a revenue miss

    July 29, 2013, 20:09 GMT

    Shares of (NASDAQ:SOHU) traded sharply lower following the release of the company’s second quarter results early Monday morning. Prior to the announcement shares traded just under the 52-week highs after moving to the upside by 44% this year alone. However, early in the session Monday shares traded lower by as much 10% as the