InfoAnda - LinkedIn's Q2 results glide past Street view |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

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Credit: Reuters/David Loh LOS ANGELES/NEW YORK | Thu Aug 4, 2011 5:02pm EDT LOS ANGELES/NEW YORK (Reuters) - LinkedIn booked a surprise profit after quarterly revenue more than doubled, as the professional networking site sets off to prove it can fulfill the promise of its splashy IPO and rich valuation. LinkedIn -- used by professionals seeking jobs or contacts and companies searching for qualified applicants to fill slots -- was the first prominent U.S. social networking site to make its public debut. Shares of the company more than doubled its initial public offering price on its first day of trading on the New York Stock Exchange in May, whetting the appetite of investors for a Facebook IPO. It said second-quarter revenue leapt 120 percent to $121.0 million, surpassing an average forecast of $104.73 million according to Thomson Reuters I/B/E/S. The company's first full results report since its May debut will be picked apart by investors for clues as to whether the stock's lofty valuation -- estimated at more than 30 times sales -- is justified. Its membership base -- a closely watched metric as the underpinnings of its hiring and advertising business model -- climbed to 115.8 million, up 61 percent from the second quarter of 2010. In particular, revenue from helping companies hire employees -- which makes up the bulk of the social network's business -- surged 170 percent to $58.6 million, racing past expectations. Second-quarter net profit rose slightly to $4.5 million from $4.3 million a year earlier. Excluding certain items, it earned 4 cents a share, outstripping forecasts for a loss of 3 cents a share. 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LinkedIn's Q2 results glide past Street view |
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