BUZZ-U.S. STOCKS ON THE MOVE-Cambrex, Twitter, Rentrak, Yelp

Fri Feb 6, 2015 11:48am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock indexes were up on Friday, after a stronger-than-expected monthly payrolls report lent weight to a belief that the U.S. Federal Reserve would hike interest rates in June. The Dow Jones industrial average was up 0.25 percent at 17,929.67, the S&P 500 was up 0.39 percent at 2,070.65 and the Nasdaq Composite was up 0.38 percent at 4,783.14.

** TWITTER INC, $48.09, +16.55 pct

The microblogging website company said on Thursday that it was signing up users as quickly as most of last year after a fourth-quarter slowdown. Twitter beat Wall Street's profit and revenue targets in the fourth quarter. User growth weakened in the quarter, but picked up in the new year, Chief Executive Dick Costolo said in a statement.

At least 12 brokerages raised their price targets by as much as $10 to as high as $67.

** LINKEDIN CORP, $270.38, +13.62 pct

The corporate networking site reported a higher-than-expected 44 percent jump in quarterly revenue as more businesses used its services to assess candidates for employment.

  Continued...