Yelp Beats on Q1 Earnings; Monster Worldwide Misses Estimates


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Companies Mentioned

NASDAQ:JDSU / NYSE:YELP / NYSE:MWW / PK:TNKE
05/02/2014 [ACCESSWIRE]

JDS Uniphase Corporation (NASDAQ: JDSU) – For an in-depth report on JDS Uniphase Corporation follow: www.BullTrends.com/stockquote/JDSU 

Shares of JDSU closed down 14.21% on Thursday with about 27 million shares traded. The stock was one of the biggest decliners on the NASDAQ and hit a new yearly low of $10.53 during intra-day trading. The company reported lower revenue and earnings than expected in its third quarter.

Yelp, Inc. (NYSE: YELP) - For an in-depth report on Yelp, Inc. follow: www.BullTrends.com/stockquote/YELP 

Shares of YELP closed up nearly 10% on Thursday with about 22.4 million shares traded. The stock was one of the biggest gainers on the NYSE. The company reported Q1 earnings per share of $0.04 and revenue of $76.4M, which beat expectations of $0.06 and $75.06M, respectively. The company reported that Q1 cumulative reviews increased 46% to 57 million.

Monster Worldwide, Inc. (NYSE: MWW) – For an in-depth report on Monster Worldwide, Inc. follow: www.BullTrends.com/stockquote/MWW            

Shares of Monster Worldwide Inc. closed down 17.85% on nearly 9 million shares traded on Thursday. The stock was one of the biggest decliners on the NYSE. The drop came after the company released disappointing first-quarter results. Quarterly revenue fell 7% year over year to $198 million, which came to adjusted net income of $7 million, or $0.08 per share. Analysts, on average, had expected adjusted earnings of $0.09 per share on sales of $200.86 million.

Tanke, Inc. (OTC: TNKE) - For an in-depth report on Tanke, Inc. follow: www.BullTrends.com/stockquote/TNKE 

Shares of TNKE closed down 40% on Thursday making it one of the biggest decliners in the OTC market. The stock even hit a new yearly low of $0.03 during intra-day trading. Shares traded were nearly 16.8 million after the company announced its plans to enter the Food & Beverage (F&B) industry through a management, investment and incubation program with ENO Coffee Food & Beverage Co, Ltd. (ENO), a coffee chain leader in China.

 

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