Tag: Financial

AOL Announces $550M Stock Repurchase Authorization As Dutch Auction Offer Expires
AOL announced on Friday, the expiration of its modified "Dutch Auction" tender offer for the repurchase of up to $400 million in common stock. It expired on 5:00 P.M. (Eastern) on...
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LinkedIn Earnings: Revenue Up 89% YoY
LinkedIn has released its Q2 earnings report. Revenue is up 89% year-over-year at $228.2 million. Net income, on the other hand, was down to $2.8 million for the quarter, from $4.5...
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Yelp Stock Up On Upbeat Q2 Earnings Report
Yelp has released its Q2 earnings report. The company managed to beat Wall Street expectations with revenue of $32.7 million for the quarter, up 67% from the same quarter last year...
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30-Year Mortgage Rates Continue To Hit New Lows, According To Freddie Mac
30-year fixed-rate mortgages are averaging record-breaking lows, according to Freddie Mac. The company has released results of its Primary Mortgage Market Survey showing that a str...
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Amazon Earnings: Q2 Sales Up 29% (But Not Good Enough)
Amazon has released its Q2 financial results, missing analysts' expectations. The report includes net sales of $12.83 Billion, a 29% increase year-over-year. At the same time, net...
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Netflix Stock Continues Downward Spiral
Netflix stock has been taking a beating today, following the company's earn...
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iPhone 5 Rumors Mean Lower iPhone Sales For Apple
Apple released its quarterly earnings report on Tuesday, and i...
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AOL Slows Its Revenue Decline To Lowest Rate In As Much As 7 Years
AOL released its quarterly earnings report this morning for Q2. The company's revenue declined by 2%, which AOL points out is the lowest rate of decline in 7 years. The company man...
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S&P 500 Constituent L-3 Communications Spins Off Engility, Changes Come To S&P SmallCap 600 Index
L-3 Communications announced in June that its Board of Directors had approved the spin-off of systems engineering company Engility Holdings...
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Google To Get Biggest Fine In FTC History?
It looks like Google is about to pay the biggest fine ever to be issued to a company (at least one company) by the FTC. That is if a Wall Street Journal...
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Samsung Predicts Record Second Quarter Earnings
Samsung is planning to announce their earnings for the second quarter on July 27th, but like an eight-year-old a week before Christmas, they couldn't quite wait for the big day. In...
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Apple Announces Third Quarter Earnings Call
Apple has announced the details for their third quarter earnings call. According to a post on their Investor Relations website, Apple's quarterly conference call will take place on...
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Demand Media President Charles Hilliard Steps Down
Demand Media President and CFO Charles Hilliard is stepping down. He will be replaced, at least in the CFO role, by Senior Vice President, Finance and Treasurer Mel Tang, effective...
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Local Search Platform Yext Secures $27 Million In Funding
Yext has secured a new $27 million Series E round of funding. The company says it will use the capital to expand its platform. Yext is in the...
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HP Job Cuts: Company Announces 27,000
HP announced a massive restructuring today, which it says will generate annual savings of $3.0 to $3.5 billion (exiting fiscal year 2014). These savings will be reinvested back int...
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