AOL Inc. (NYSE: AOL) reported 57% jump in fourth-quarter earnings and first revenue growth on year-on-year basis, in last eight years thanks to strong growth in search and third party network advertising sales, underpinning the fact that AOL’s quest to become more of an ad-driven digital media company is paying rich dividends.
Micro-Caps in Focus; Medical Marijuana Inc. (MJNA), Worthington Energy Inc. (WGAS), PositiveID Corporation (PSID)
Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are soaring in trading today.
Major Movers on February 8; LNKD, CZR, NUAN, RVBD
Shares of LinkedIn Corp. (NYSE: LNKD), a professional network on the Internet, are soaring in trading today after the company reported better-than-expected fourth-quarter earnings, driven by an 81% increase in revenue.
Continue reading Major Movers on February 8; LNKD, CZR, NUAN, RVBD
LinkedIn Continues to Surprise the Street, Gives Upbeat Outlook (LNKD)
One of the very few bright spots in rather struggling social media and networking sector, LinkedIn Corp. (NYSE: LNKD) announced fiscal fourth-quarter results late on Thursday—and once again it did not fail to surprise the Wall Street. The Professional networking site, which was founded by former Paypal employees in 2002, comfortably beat analysts’ consensus estimate—for the seventh time in a row.
Continue reading LinkedIn Continues to Surprise the Street, Gives Upbeat Outlook (LNKD)
Micro-Caps on Watch; Primco Management Inc. (PMCM), USA Graphite Inc. (USGT), Bourque Industries Inc. (BORK)
Shares of Primco Management Inc. (OTC: PMCM), a development stage company offering real estate management services, are soaring in trading today. At last check, PMCM shares were trading 33.33% higher at $0.200 on above average volume of 10.39 million. The stock hit an intra-day high of $0.23. Despite the rally today, PMCM shares have fallen 20% in the last three trading sessions.
Major Movers on February 7; VSAT, AKAM, ATML, DV, BG, ORLY
Shares of ViaSat Inc. (NASDAQ: VSAT), a provider of high-speed fixed and mobile broadband services, advanced satellite and wireless networks and secure networking systems, products and services, are seeing a huge rally in trading today after the company reported its third-quarter financial results.
Continue reading Major Movers on February 7; VSAT, AKAM, ATML, DV, BG, ORLY
Sprint Nextel’s Q4 Revenue Climbs But Losses Widen (S)
U.S’s third largest wireless carrier, Sprint Nextel Corp. (NYSE: S) reported wider-than-expected losses for the fiscal fourth quarter as it kept losing subscribers while huge charge related to the shuttering down of its Nextel Network also dented the bottom line.
Continue reading Sprint Nextel’s Q4 Revenue Climbs But Losses Widen (S)
Yelp Q4 Revenue Beats Forecast, But Rising Marketing Costs Undermine Profits
Despite Yelp Inc.’s (NYSE : YELP) revenue in the fiscal fourth quarter jumped 65 percent, shares fell almost 3 percent in aftermarket trading on Wednesday as online directory services provider’s marketing costs leaped 59 percent leading to higher-than-expected losses.
Continue reading Yelp Q4 Revenue Beats Forecast, But Rising Marketing Costs Undermine Profits
Micro-Caps on the Move; IceWEB Inc. (IWEB), MediSwipe Inc. (MWIP), Uranium Hunter Corp. (URHN)
Shares of IceWEB Inc. (OTC: IWEB), a manufacturer, marketer and seller of purpose-built appliances, and network and cloud attached storage solutions, are soaring in trading today.
Major Movers on February 6; SFLY, CHRW, TTWO
Shares of Shutterfly Inc. (NASDAQ: SFLY), a provider of a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print and preserve their memories, are seeing a huge rally in trading today after the company reported its fourth-quarter and full-year 2012 financial results.
Continue reading Major Movers on February 6; SFLY, CHRW, TTWO