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Hot Stocks
LinkedIn beats Street, outstrips social media rivals
SAN FRANCISCO - LinkedIn Corp extended its hot streak on Thursday, announcing both blow-out quarterly profits and a bullish forecast for the new year that exceeded Wall Street's already lofty expectations.
Aquarius Platinum reins in costs, shares rise
- Aquarius Platinum reported a 24 percent drop in core profit for the first half, but said it was able to bring down costs by about a third, sending the miner's shares up as much as 10 percent.
Sony dives over 6 percent after third quarter results disappoint
TOKYO - Shares of Sony Corp dropped more than 6 percent to 1,405 yen on Friday after its profit in the October-December quarter missed market expectations, increasing skepticism that the maker of Bravia TVs and the PlayStation can regain its former status.
Microchip Tech forecasts current quarter above estimates
- Chipmaker Microchip Technology Inc forecast a larger-than-expected profit and revenue for the current quarter after reporting third-quarter results that beat Wall Street expectations on higher sales of its microcontroller chips.
As ads dip, Times Co increases revenue on subscribers
- A surge in subscription revenue - mostly digital - let The New York Times Co easily surpass expectations last quarter giving a positive start to the company's new chief executive officer, Mark Thompson.
Coinstar forecasts results below estimates, shares fall
- Coinstar Inc , the operator of Redbox video rental kiosks, reported lower-than-expected fourth-quarter revenue, and forecast current-quarter results significantly below analysts' estimates.
Riverbed expects profit below estimates as core business slows
- Network gear maker Riverbed Technology Inc's quarterly profit fell 76 percent on costs associated with its $1 billion acquisition of Opnet Technologies Inc, and the company forecast current-quarter profit below estimates.
SunPower expects no revenue growth in 2013, shares fall
- SunPower Corp , majority-owned by Total SA , reported a wider fourth-quarter net loss as it took charges related to the restructuring of its businesses, and said it expects revenue for this year to be same as 2012.
Lanxess jumps on market talk of interest by Dow Chemical
FRANKFURT - Shares in Lanxess AG jumped 4 percent on Thursday, with several traders pointing to market talk of takeover interest by U.S.-based Dow Chemical Co .
Nuance shares fall as first-quarter results miss Wall Street's estimates
- Speech recognition software maker Nuance Communications Inc reported lower-than-expected first-quarter results, hurt by higher expenses.
No related earnings announcements are currently scheduled within the next 7 days.
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