Jennifer's Feed
Aug 2, 2012

LinkedIn beats on revenue, raises outlook

Aug 2 (Reuters) – Professional networking site LinkedIn Corp
reported better-than-expected revenue and raised its
full year guidance as it pocketed more money from its hiring
services.

“Another fantastic quarter,” said Rick Summer, analyst with
Morningstar. “This is a company that continues to execute quite
well with surprising visibility into demand.”

Jul 31, 2012

Thomson Reuters says Europe business worse than expected

By Jennifer Saba

(Reuters) – Thomson Reuters Corp (TRI.N: Quote, Profile, Research, Stock Buzz) (TRI.TO: Quote, Profile, Research, Stock Buzz) said it expects net sales to financial institutions to continue to decline for the rest of this year as conditions in Europe have deteriorated more than anticipated and major banks are still slashing costs.

Shares of the company fell about 3 percent after it said net sales in its Financial & Risk division were still negative in the second quarter and likely to remain so through the fourth quarter. Net sales, which are total sales minus cancellations, are an important indicator because of Thomson Reuters’ subscription-based business model. Its revenue typically lags sales by about 12 months.

Jul 31, 2012

Thomson Reuters second-quarter profit rises, reaffirms 2012 outlook

By Jennifer Saba

(Reuters) – Thomson Reuters Corp (TRI.N: Quote, Profile, Research, Stock Buzz) (TRI.TO: Quote, Profile, Research, Stock Buzz) said its 2012 revenue growth was on track after reporting strong software sales to tax and accounting firms, even as revenue from financial institutions was weak but making progress.

The global news and information provider said on Tuesday that revenue from ongoing businesses rose 3 percent before currency changes to $3.2 billion in the second quarter, which was in line with analysts’ expectations.

Jul 31, 2012

Thomson Reuters 2nd-qtr profit rises, reaffirms 2012 outlook

July 31 (Reuters) – Thomson Reuters Corp
said its 2012 revenue growth was on track after reporting strong
software sales to tax and accounting firms, even as revenue from
financial institutions was weak but making progress.

The global news and information provider said on Tuesday
that revenue from ongoing businesses rose 3 percent before
currency changes to $3.2 billion in the second quarter, which
was in line with analysts’ expectations.

Jul 27, 2012

Exclusive – Huff Po exec Lauren Kapp to exit after just 3 months

By Jennifer Saba and Peter Lauria

(Reuters) – Lauren Kapp, one of Arianna Huffington’s key advisors at the Huffington Post Media Group, is leaving the company, effective August 1.

She is leaving for personal reasons, an AOL spokeswoman confirmed.

Kapp was hired by AOL’s influential news site in April as senior vice president global strategy, marketing and communications.

Jul 27, 2012

Exclusive: Huff Post executive Lauren Kapp to exit after just three months

By Jennifer Saba and Peter Lauria

(Reuters) – Lauren Kapp, one of Arianna Huffington’s key advisors at the Huffington Post Media Group, is leaving the company, effective August 1.

She is leaving for personal reasons, an AOL spokeswoman confirmed.

Kapp was hired by AOL’s influential news site in April as senior vice president global strategy, marketing and communications.

Jul 26, 2012

New York Times revenue beats estimates, despite writedown

By Jennifer Saba

(Reuters) – Higher paper and digital subscriptions lifted quarterly revenue at the New York Times Co (NYT.N: Quote, Profile, Research, Stock Buzz), even after the company wrote down the value of its Internet property, About.com.

The publisher of the New York Times and the Boston Globe said on Thursday second-quarter revenue grew almost 1 percent to $515.2 million as circulation revenue climbed 8 percent. That exceeded analysts’ average expectation of revenue of $510.9 million, according to Thomson Reuters I/B/E/S.

Jul 26, 2012

New York Times revenue beats despite About troubles

July 26 (Reuters) – New York Times Co reported
better than expected growth in revenue on Thursday as more
readers paid for its news, showing its plan to charge for its
digital products helped offset declining ad sales.

The company, which publishes its namesake newspaper and the
Boston Globe, said second-quarter revenue rose almost 1 percent
to $515.2 million as circulation revenue climbed 8 percent. That
beat analysts’ average estimate of revenue of $510.9 million,
according to Thomson Reuters I/B/E/S.

Jul 25, 2012
via MediaFile

Bluefin Labs names former Razorfish, Publicis exec as CEO

Photo

Bluefin Labs– a company that tracks a brand’s perception on social media sites while a commercial airs on TV– has named a new CEO.  JP Maheu has signed on with the fledgling company as CEO while its co-founder Deb Roy will take up the role of chairman.

Maheu was most recently the global CEO of Publicis Modem, the digital marketing arm of Publicis Worldwide, and has also served stints as CEO of Razorfish and chief digital officer at Ogilvy & Mather.

Jul 25, 2012

AOL swings to quarterly profit on patent sale

July 25 (Reuters) – The sale of its patents to Microsoft
helped AOL Inc swing to a profit in the second quarter
from a loss a year ago.

The company reported second quarter net income on Wednesday
of $970.8 million, or $10.17 per share, following a net loss a
year earlier of $11.8 million, or 11 cents per share.