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Shares of Internet darling LinkedIn, media stalwart CBS jump
Aug 3rd, 2012
(Reuters) - Shares of professional networking website LinkedIn Corp and broadcaster CBS Corp shot up after both companies delivered better-than-expected results. LinkedIn reported that second-quarter revenue rose almost 90 percent and raised its full-year outlook on Thursday. Its shares were up 12.1 percent at $104.80 on Friday morning on the New York Stock Exchange. "The company just appears to get better in what would otherwise seem to be a very tough environment," Evercore analyst Ken Sena wrote in a note. ... (Source: Reuters) -
MUMBAI (Reuters) - Shares in Tech Mahindra Ltd rose as much as 6.8 percent on Wednesday after its January-March quarter net profit rose 24 percent, beating estimates. Tech Mahindra said its March-quarter consolidated net profit rose 24.4 percent to 3.77 billion rupees. The results came out after the close of markets on Tuesday. (Reporting by Abhish... [Full Article]
BEIRUT (AP) - Syrian rebels attacked the main prison in the northern city of Aleppo Wednesday with a pair of car bombs in an attempt to free hundreds of regime opponents believed to be held in the facility, activists said. (Source: Associated Press)... [Full Article]
SAN FRANCISCO (Reuters) - LinkedIn Corp said its revenue rose 72 percent to $324.7 million in the first quarter from $188.5 million in the year-ago period. Earnings surged to $22.6 million, or 20 cents a share, from $5 million, or 4 cents a share, over the same period. Excluding certain items, LinkedIn said it earned 45 cents a share in the first q... [Full Article]
TOKYO (Reuters) - Japan has started looking into resuming inter-governmental talks with North Korea after a surprise visit to Pyongyang by an aide to Japan's prime minister, the Asahi Shimbun and other newspapers said on Wednesday. Such talks, intended to discuss North Korea's abduction of Japanese citizens decades ago and other issues, w... [Full Article]
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