Earnings Release Schedules, Strategic Tie-Ups, New Product Launches, Court Rulings, and Stock Price Updates - Analyst Notes on Google, IBM, Qualcomm, Baidu, and LinkedIn
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Google Inc. (NASDAQ: GOOG), International Business Machines Corp. (NYSE: IBM), Qualcomm Incorporated (NASDAQ: QCOM), Baidu Inc. (NASDAQ: BIDU), and LinkedIn Corp (NYSE: LNKD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Google Inc. Analyst Notes
On March 28, 2014, Google Inc. (Google) announced that it will hold its quarterly conference call to discuss Q1 2014 financial results on April 16, 2014, at 1:30 p.m. PT (4:30 p.m. ET). The search engine giant reported revenues of $16.9 billion for Q4 2013, representing an increase of 17% YoY. Google's GAAP net income during the quarter surpassed analysts' expectations at $3.4 billion versus $2.9 billion in Q4 2012. With effect from April 2, 2014, Google shares began trading under two different symbols - the Class A shares (which will trade under the ticker "GOOGL"); and the new, non-voting Class C shares (which will trade under the ticker "GOOG"), as part of the stock split program announced on January 30, 2014 during its Q4 earnings conference call. As a result of the two-for-one stock split, investors received one class-C share for each class-A and class-B shares they own. Consequently, the old stock price has been halved, and Google is now out of the $1000 stock club. The full analyst notes on Google Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04082014/GOOG/report.pdf
International Business Machines Corp. Analyst Notes
On April 3, 2014, International Business Machines Corp. (IBM) announced that Kids 21, a leading children's fashion retailer, will use the Company's cloud, e-commerce and analytics software to deliver personalized experience while expanding its online presence across Asia-Pacific. According to IBM, its WebSphere Commerce software and cloud-based Digital Analytics will give Kids 21 a powerful customer interaction platform for omni-channel commerce while helping understand real-time shopping trends. "By integrating its e-commerce roadmap with analytics and cloud, Kids 21 is well-prepared to take the lead in the retail industry of the future, deepen engagement with customers and secure greater brand loyalty and advocacy," said Elsie Tan, Country Manager, Software Group, IBM Singapore. The full analyst notes on International Business Machines Corp. are available to download free of charge at:
http://www.AnalystsReview.com/04082014/IBM/report.pdf
Qualcomm Incorporated Analyst Notes
On April 3, 2014, Qualcomm Incorporated (Qualcomm) announced that its subsidiary, Qualcomm Atheros, Inc., is delivering the first Qualcomm VIVE 4-stream 802.11ac solutions with multi-user MIMO (MU-MIMO), designed to boost Wi-Fi performance for the growing number of connected devices in homes, offices and public hotspots. According to the Company, the MU-MIMO helps make more efficient use of available Wi-Fi network capacity and speeding up transmissions. "Great connectivity is not just about increasing the absolute speed. It's about making better use of network and airtime efficiency to support the growing number of connected devices, services and applications," said Dan Rabinovitsj, Senior Vice President, Qualcomm Atheros, Inc. Following the announcement, the stock of Qualcomm gained 0.51% to close at $80.55. The full analyst notes on Qualcomm Incorporated are available to download free of charge at:
http://www.AnalystsReview.com/04082014/QCOM/report.pdf
Baidu Inc. Analyst Notes
On March 27, 2014, Baidu Inc. (Baidu) won a favorable court ruling in a lawsuit filed by some New York writers and video producers ("plaintiffs") who accused the Company of tailoring search engine algorithms to prevent users in the U.S. from viewing content advocating greater democracy in China, according to a Reuters report. According to the news report, the petitioners had sought $16 million in damages for violations of their civil and equal protection rights. However, the U.S. District Judge Jesse Furman in Manhattan concluded that Baidu's search results constituted protected free speech under the U.S. Constitution, warranting dismissal of the May 2011 lawsuit. Stephen Preziosi, a lawyer for the plaintiffs, said his clients will appeal in a higher court. The full analyst notes on Baidu Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04082014/BIDU/report.pdf
LinkedIn Corp Analyst Notes
On April 3, 2014, shares in LinkedIn Corp (LinkedIn) continued the southward journey and ended lower by 3.50% at $176.97. After opening at $182.04, the stock oscillated in the range of $175.41 - $183.33, with a total of 3.51 million shares changing hands. The stock has declined by 12.82% in last one month, in line with the slump in the overall technology sector. The tech-heavy NASDAQ Composite also fell 2.62% in the last one month. Shares in LinkedIn continue to remain under pressure, ever since the Company predicted lower-than-expected revenue for Q1 2014. In a February 6, 2014 earnings release conference (period ended Q4 2013 and full year 2013), LinkedIn said that the Company expects revenue to be in the range of $455 million and $460 million and adjusted EBITDA to be in the range of $106 million and $108 million for Q1 2014. The full analyst notes on LinkedIn Corp are available to download free of charge at:
http://www.AnalystsReview.com/04082014/LNKD/report.pdf
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