All Posts Tagged Tag: ‘Stock’

Oprah Winfrey Tweets About Love of Bread, Weight Watchers Stock Soars

Many diets would have you abstain from carbohydrates like bread – but not Weight Watchers. And this is perfect for Oprah Winfrey, who loves bread. Like, a lot. And she says she’s lost 26 pounds on Weight Watchers while eating bread every single day. “This is the joy for me,” Oprah says in a Twitter video. “I love bread. I …

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Twitter’s User Growth Is Absolutely Anemic

Twitter’s User Growth Is Absolutely Anemic

Once again, Twitter’s earnings have beat expectations. And once again, Twitter is reporting absolutely anemic user growth. In July, Twitter’s then-temporary CEO Jack Dorsey reported 304 million monthly active users (excluding SMS Fast Followers). “We are not satisfied with our growth in audience,” he said. Now, permanent Twitter CEO Jack Dorsey is reporting only 307 million MAUs for Q3. “We …

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Jack Dorsey Is Giving a Third of His Stock Away … to Twitter Employees

Jack Dorsey Is Giving a Third of His Stock Away … to Twitter Employees

Twitter CEO Jack Dorsey isn’t wasting any time making friends among his company’s workforce. Dorsey has announced that he’s giving about one-third of his Twitter stock back to his employees. That’s about $200 million. Dorsey has around 22 million shares. “I’m giving 1/3rd of my Twitter stock (exactly 1% of the company) to our employee equity pool to reinvest directly …

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Oprah Winfrey Buys into Weight Watchers and Stock Soars

Oprah Winfrey has purchased a 10 percent stake in the Weight Watchers diet company, and it’s sent the company’s stock soaring. In speaking with NPR, Winfrey said that she didn’t even have to think about the investment. Weight Watchers asked, and she said yes. “They called me and asked would I be interested in talking to them about establishing a …

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Twitter Stock Falls Below IPO Price

For the first time ever, Twitter shares have fallen below the original IPO price. In November of 2013, Twitter priced its IPO at $26 a share. The company raised $1.8 billion in the offering, selling 70 million shares. The stock opened up at $45.10, 73.5% higher than the set price. Today, it fell below $26. Last month, Twitter reported its …

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Was Yelp Misleading About Its Reviews?

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while misleading shareholders about the legitimacy of reviews. Do you believe Yelp would mislead investors about its reviews, or do you …

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AOL Sees 6th Consecutive Quarter Of Revenue Growth

AOL just released its Q2 earnings report with its sixth consecutive quarter of revenue and adjusted OIBDA growth. Total revenue grew 12% year-over-year. The company attributes this to accelerated global advertising revenue, which grew 20% year-over-year. The company saw 60% growth in third party platform revenue driven by growth in the sale of premium formats across its programmatic platform as …

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Tesla Stock Rockets Despite Hazardous Adapter Recall

The fourth quarter was a definite success for Tesla Motors Inc. The electric car maker indicated yesterday that its Model S sedan deliveries surpassed original predictions by 20 percent. As Tesla delivered about 6,900 sedans during the quarter, shares shot up by almost 16 percent. “We look forward to 2014 with anticipation,” said Jerome Guillen (vice president of global sales …

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Facebook Offers 70 Million More Shares, Heads To Court Over IPO

Facebook announced on Thursday that it is offering 70,000,000 new shares of its Class A common stock, with 27,004,761 shares being offered by the company itself and 42,995,239 shares being offered by certain selling stockholders, including CEO Mark Zuckerberg, who is offering 41,350,000 shares. The company plans to use the net proceeds from the offering for working capital and “other …

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Square Eyeing 2014 IPO, According to Report

Today, everyone is talking about the big Twitter IPO. Next year, we may be talking about Square putting forth an initial public offering. The common thread here is Jack Dorsey, of course. The Twitter co-founder is also the founder and CEO of mobile payments company Square – a company that may be eyeing an IPO of its own. The report …

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Google Stock Hits All-Time High, Surpassing $1K

Google released its quarterly earnings on Thursday, beating Wall Street expectations. Revenues were up 12% year-over-year, hitting nearly $15 billion. GAAP EPS were $8.75 on 339 million diluted shares outstanding, compared to $6.53 in the same quarter last year. Non-GAAP EPS were $10.74, compared to $8.87 last year. You can see the full earnings statement here. The report shot Google’s …

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IBM Stock Leads To Discouraging Results?

IBM has released the 2013 Third-Quarter Earnings, and there is both good and bad news with the recent report. The good news is that the third-quarter net income increased six percent where this year’s third-quarter earnings were $4.04 billion ($3.68 per share) as opposed to last year’s earnings for the same quarter of $3.82 billion ($3.33 per share). The bad …

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Jos. A. Bank Rejected By Men’s Wearhouse

Men’s Wearhouse chose not to take the $2.3 billion offer presented by powerhouse Joseph A. Bank. Though shares for Men’s Wearhouse fell 12 percent during September, company representatives are determined to continue promoting the viability of the company. According to the Lead Director for the Board, Bill Sechrest, the proposal by Joseph A. Bank was viewed as being “opportunistic. The …

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Lumber Liquidators’ Stock Drops Almost 10% Amid Federal Raid

For every action, there’s always a reaction. This week, no one can attest to such a phrase better than Lumber Liquidators. In just two days, the American specialty flooring retailer’s corporate sector has been flipped upside down. On Thursday, federal authorities from both the Department of Homeland Security and Immigration and Customs’ Enforcement, in corroboration with the US Fish and …

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Gold Recovery? What Does This Mean For Business?

Gold has had a resurgence recently. This comes as good news for investors and people that follow the market closely. As of today, gold is on track for its biggest weekly gain in five weeks. Several analysts are saying that the precious metal that we once used to pay for everything may have good times ahead. The Federal Reserve also …

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Netflix’s Original Content Is Making People Want to Stick Around

In the past year, Netflix has released the Emmy-nominated political drama House of Cards, the Eli Roth-produced horror series Hemlock Grove, and the surprise hit of the summer, Orange Is The New Black. They’re also in the process of adding a bunch of exclusive comedy to their streaming options and are about to premiere season 2 of the less-popular but …

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Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business manager and only its 30th employee. Ballmer praised his executive team in a statement this morning, saying that “now is …

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Groupon Earnings Disappoint, Stock Down 28%

Groupon reported its Q4 and fiscal year 2012 earnings on Wednesday afternoon, sending stock plummeting as results missed Wall Street estimates. The company posted a net loss of $81.1 million for the quarter, though revenue was up 30% at $638.3 million. Late last year, Groupon CEO Andrew Mason’s job came into question, and now reports are questioning how long he’ll …

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Zynga Announces Q4 And Year End Results, Will Bring More Games To Mobile In 2013

After the beating Zynga took in 2012, nobody was really looking forward to its year end results. It was assumed that everything would be doom and gloom for the troubled social game developer. The good news is that revenue and DAUs/MAUs are up. Everything else is just kind of middling. Starting off with revenue, Zynga reported that full year 2012 …

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Facebook Stock Tops $30 for First Time in Months

Doesn’t adjust your monitors, Facebook stock is on the move. It’s been a long climb back, but Facebook shares currently sit at over $30, up around $1.40 as of now. That’s an increase of nearly 5%. Of course, “back” is a relative term. To be truly “back” to IPO levels, Facebook would beed to hit their opening mark, which was …

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Twitter IPO Coming by Year’s End Says Analyst

Another analyst has weighed in the expected Twitter IPO, and he thinks that it’s going to come sooner than others have predicted. Sam Hamadeh, CEO of PrivCo, a New York-based private company research firm, says that we can expect Twitter to go public by the end of the year – probably the fourth quarter. He cites a “source high up …

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Amazon Record High Attributed To Morgan Stanley Comments

Amazon stock hit a record high on Monday, reaching as high as $269.30 at one point. Bloomberg attributes the spike to statements made by Morgan Stanely, who said the company’s network of distribution centers will help it gain marketshare as global ecommerce grows. Bloomberg quotes analyst Scott Devitt: Amazon is investing across the company to boost the volume of products …

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Twitter Valued at $11 Billion, IPO Coming in 2014 Says Analyst

Soon after Facebook filed its documents and made its intentions to go public known, people started speculating about when Twitter would take the plunge with their own offering. In a leaked email, Twitter CEO Dick Costolo said that his company didn’t want to be public until they “have very predictable quarterly earnings growth,” and added that Twitter wasn’t “ready to …

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Sheryl Sandberg Sells Nearly a Million Facebook Shares

Facebook COO Sheryl Sandberg has just sold nearly a million shares of Facebook stock, netting her just over $26 million. According to an SEC filing, Sandberg sold 946,588 shares, which came out to be $26.2 million. The shares were sold at prices ranging from $27.30 to $27.90 a share. On Friday, that day that Sandberg sold off her shares, Facebook …

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Netflix Stock on the Rise Following Huge Disney Deal

Today, Netflix and the Walt Disney company made a pretty huge announcement. Starting in 2016, the company will be the exclusive streamers of the first-run of Disney’s huge theatrical catalog – meaning films from Pixar, Marvel, and Walt Disney Animation Studios as well. It’s a big deal because it allows Netflix to stream the films inside the pay TV window. …

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Google Stock Hits Record High On Monday

Google shares hit an all-time high on Monday, at one point reaching $748.90, according to CNN Money. As of the time of this writing, shares are at: $748.21 (+14.22‎, 1.94%‎). The publication attributes the rise to continued search domination and strides made with Android (a reported 68% share of the global smartphone market during the second quarter). Some are pointing …

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Apple Stock Hits All Time High As iPhone 5 Launches

Earlier this week, Apple announced that iPhone 5 pre-orders had topped 2 million in the first 24 hours. That impressive figure broke the record previously held by the iPhone 4S, which saw 1 million pre-orders in its first 24 on the market. That news pushed Apple stock over $700 (in after-hours trading) for the first time in the company’s history. …

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iPhone 5 Ship Time Slips to 3-4 Weeks

If you’re still looking to pre-order the new iPhone 5, I hope you’re not still looking to pre-order the iPhone 5. At this point, you could be waiting up to a month for it to ship if you were to place your order right now. On Apple.com, shipping times for all models (16GB, 32GB, 64GB, Black & White) have slipped …

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Apple Stock Tops $700 After Record-Breaking iPhone 5 Pre-orders

Today, Apple has done something that puts the company in rarified air. In after hours trading, the company briefly broke the $700 barrier following the news that the iPhone had (unexpectedly) become the fastest-selling iPhone of all time. Apple’s share price closed today at $699.78, up $8.50 (1.23%). But in after hours trading, the price has breached $700 a couple …

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Apple Stock Soars as iPhone 5 Sells Out

Apple stock is currently sitting at record highs, thanks to enthusiasm over their new iPhone 5, which was just unveiled earlier this week. Instead of opening up pre-orders on the day of the big media event, Apple decided to wait until Friday, September 14th to allow eager customers to reserve their new device. Pre-order opened this morning at 12:01 am …

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