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Groupon's Stock Slips on Slowing Growth

Groupon

Groupon’s quarterly loss narrowed as the online-coupon service cut marketing costs but revenue growth continued to slow. Its shares tumbled after hours.

 

AOL shares jump on ad revenues

AOL

Shares in AOL have jumped 14% after the US internet firm reported a sharp rise in advertising revenues. Advertising sales jumped 7% to $340m (£212m), boosting net profit for the third quarter to $20.8m, compared with a loss of $2.6m a year ago.

 

Comcast 3Q profit, sales top Street on upbeat subs

Cable giant Comcast Corp., the nation's largest provider of TV and high-speed Internet services, more than doubled its net income in the third quarter, helped by fewer cancelations of video service than expected and by breaking even on the expensive-to-produce London Olympics.

 

Facebook shares soar 22% in early trading

Facebook lost $59 million in the third quarter, but the newly publicly traded social networking site saw its shares soar on Wall Street early Wednesday. Facebook shares gained $4.35, or 22%, to $23.85 in early trading, after the company reported gains from mobile advertising.

 

Facebook reports better than expected earnings

Facebook reported better than expected third quarter earnings Tuesday, giving investors hope that the company might find positive momentum. In after hours trading, Facebook stock is up 67 cents, or 3.4%, to $20.16.

 

Google says RR Donnelley filed draft earnings statement without authorization

Google Inc said its financial printer RR Donnelley filed a draft of its third quarter earnings statement without authorization on Thursday morning.

 

Google’s 3rd-quarter earnings leak early, send stock plunging as profit misses Street

Google

Google Inc.’s stock plunged suddenly on Thursday afternoon after a contractor released the search company’s third-quarter earnings report early, by mistake. The stock fell $68.19, or 9 percent, to $687.30 before trading was halted to give investors a chance to digest the news. Google’s report had been slated for release after the close of regular trading Thursday.

 

Facebook In Free-Fall: Stock At All-Time Low After Swinging To Q2 Loss

Mark Zuckerberg

Facebook‘s first quarterly report is inspiring few new friends. The social network swung to a loss in the most recent period, casting fresh doubts on the company’s ability to monetize its giant user base. The Menlo Park, Calif.-based company posted a $157 million, 8 cents a shares, loss in the quarter, down from a $240 million profit. Excluding hefty stock compensation charges, Facebook earned $295 million, 12 cents a share. That meets the Wall Street forecast.

Senh: Facebook's increased traffic is fool's gold because it's hard to monetize.

 

Amazon Delivers on Revenue but Not on Profit

The company reported net income of $7 million, or 1 cent a share, on sales of $12.8 billion. It was less profit than analysts had estimated, but the revenue was in line with forecasts.

 

Google's Internet biz roars even as ad rates slide

Google

Google Inc's revenue increased 21 percent as strength in its Internet advertising business offset a persisting drop in ad rates, stirring hopes among investors the Web search leader is close to slowing that decline.

 

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