Financial Archives

Jobs Grow by 156K in December; Wages Take Jump

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

LinkedIn Reports Strong Finish to 2014

LinkedIn reported another winning quarter this afternoon, bringing in $643 million in the last three months of 2014, with recruiting sales accounting for 57.4 percent of the total. Both the revenue, and the company’s adjusted earnings per share of 61 cents, handily beat Wall Street’s expectations. Analysts were predicting LinkedIn would earn 53 cents…

LinkedIn Does It Again

LinkedIn reported another winning quarter this afternoon, bringing in $643 million in the last three months of 2014, with recruiting sales accounting for 57.4% of the total. Both the revenue, and the company’s adjusted earnings per share of 61 cents,  handily beat Wall Street’s expectations. Analysts were predicting LinkedIn would earn 53 cents…

Reporting a Strong 3rd Q, Monster Names New CEO

Like so many companies these days, Monster hired a boomerang to be its new leader, announcing Tuesday morning that former CFO and current director Tim Yates will be the company’s new CEO. The announcement was made by Sal Iannuzzi, the company’s chairman, and now former CEO and president, during the quarterly financial conference…

Monster Has Weak 2nd Quarter

Although it’s much too early yet for Monster’s ambitious “three pillars” strategy to become the transformative force executives are predicting, the financial markets were hoping the company did a little better in the 2nd quarter of the year than in the first quarter. It didn’t. After Monster reported earning 8 cents a share…