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OpenTable Q4 Revs, Profits Top Estimates; Shares Rally

Shares of restaurant reservation service OpenTable are trading higher Tuesday afternoon on better-than-expected results for the fourth quarter. The company posted Q4 revenue of $37.2 million, up 21% from a year ago, and ahead of the Street at $36.8 million. Non-GAAP profits of 37 cents a share topped the Street consensus at 30 cents. The ...

 

Dow approaches 13,000, and maybe a record to come

Dow Jones Industrial Average

It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession. Now the Dow is within reach of the rarefied 13,000 mark — a level it hasn't seen since May 2008, four months before the financial system almost came apart.

 

Wall Street eases as investors eye Greece

Stocks edged lower on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.

 

Strong jobs report drives Nasdaq to 11-year high

U.S. stocks rose on Friday, propelling the Nasdaq index to an 11-year high, after January's U.S. employment report sailed past expectations, boosting hopes for world's largest economy.

 

Netflix Stock Streaming Back To $126

Our current estimates imply that Netflix may have more or less maintained domestic streaming subscribers in Q4 of 2011 and may have grown internationally. Our price estimate for Netflix stands at $126, implying a premium of more than 30% to the market price.

 

Cruise operators' shares fall on ship disaster

Shares of cruise operator Carnival Corp plunged 15 percent on Tuesday after a ship operated by its unit struck a submerged rock and keeled over off the coast of Italy late on Friday.

 

The best, and worst, Dow stocks for 2012

In order to identify the best and worst stocks in the Dow for 2012, we reviewed the DJIA stocks which had the most and least implied upside.

 

Stocks trim most of earlier losses, end trading flat

Stocks ended trading flat Wednesday, after steadily fighting their way back from an initial drop early in the session. Worries about the European economy seemed to weigh on investors.

 

Stocks surge on first trading day of 2012

Stocks rose sharply on the first trading day of 2012 as upbeat U.S. economic data overshadowed continuing concerns about the European debt crisis.

 

Dow Ends Year of Tumult Up 6%

Top investors stumble, but a strong fourth quarter pushes blue chips into the black. Meanwhile, the S&P 500 ends the year almost exactly where it started.

Senh: At least we're up from last year.

 

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