QUOTE AND NEWS
Benzinga  Jan 23  Comment 
Analysts at Credit Suisse upgraded E*Trade Financial Corp (NASDAQ: ETFC) from Neutral to Outperform. The price target for E*Trade Financial has been raised from $24 to $28. E*Trade Financial's shares closed at $22.65 yesterday. Analysts at JP...
Benzinga  Jan 23  Comment 
Wunderlich commented on LinkedIn Corp (NYSE: LNKD) Friday and maintained a Buy rating and $250 price target. Analyst Blake T. Harper indicated that the company “should be able to raise prices by single-digit percentages beginning in 2015...
Benzinga  Jan 23  Comment 
Analysts at Raymond James upgraded LinkedIn Corp (NYSE: LNKD) from Market Perform to Strong Buy. The price target for LinkedIn is set to $280. LinkedIn's shares rose 1.48% to $228.26 in pre-market trading. Latest Ratings for LNKD ...
Motley Fool  Jan 23  Comment 
LinkedIn is reportedly working on tools to counter Facebook's new Facebook at Work app.
TechCrunch  Jan 20  Comment 
 A New York and Paris-based startup called Shapr has raised $3 million to build a better way to professionally network with others in your industry. However, unlike business networking giant LinkedIn, Shapr’s software is mobile-first, with apps...
The Hindu Business Line  Jan 19  Comment 
Cybercriminals are now targeting LinkedIn users by scamming them into sharing their credentials by sending out mails claiming to be from the support team of the world’s largest professional networ...
Forbes  Jan 18  Comment 
If you still think of LinkedIn as an online resume for job seekers, it’s time to get real and gain the competitive edge offered by this unparalleled branding resource. LinkedIn is one of your company’s most powerful tools for building...
Motley Fool  Jan 15  Comment 
LinkedIn continues to drive new members to its site, and is monetizing its platform's use better than ever.
Forbes  Jan 15  Comment 
By Satnam Narang, Senior Security Response Manager, Symantec
BBC News  Jan 14  Comment 
Facebook releases an app offering office workers a private alternative to email, challenging Microsoft's Yammer, LinkedIn and others.




 
TOP CONTRIBUTORS

LinkedIn (NYSE:LNKD) is an online professional network. Members of the network can use the platform for free to create and manage their professional identity, engage with other professionals, and access relevant business information. Through the platform, LinkedIn allows professionals to communicate with one another and ultimately find new careers and business opportunities.[1] LinkedIn makes money in three ways. First, it provides organizations with hiring solutions. These solutions allows enterprises to advertise job postings to members based on key qualities, such as location, experience, and education. This allows organizations to contact potential employees who are not actively searching for a job. Next, it sells display advertisement space on the site to marketeers. Finally, it allows members to upgrade to paid, premium subscriptions. Premium subscriptions allow members, acting as an individual or on behalf of a company, to view enhanced search results, gain additional channels of communication, and receive priority customer support.[2]

While LinkedIn remains focused on general professional networking, there is a trend in the industry to move towards specialized knowledge sharing, collaboration, and networking. For example, Stackoverflow provides a question and answer service as well as a career service for computer programmers. Other sites have focused on discussion, collaboration, and interaction between and among employees and potential employers. These services allow members two main benefits. First, they can find specific answers to their specialized questions. Second, they can interact directly with relevant companies in their field. LinkedIn's generality and lack of specialty within the professional network space does provide benefits, but the company may refocus on this trend.[3][4]

The company's initial public offering of stock on the NYSE occurred on May 18, 2011. The company offered 7.8M shares each for $45. This was at the high end of the revised price range of $42-$45. The company had originally announced an initial price range of $32-$35. The offering raised a total of $353M. The final offering was 35% larger than had the pricing occurred at the midpoint of the initial range. The lead managers of the IPO were Morgan Stanley (MS), Bank of America (BAC), and J P Morgan Chase (JPM).[5]

The company's first day 109% return was the fifth largest for an IPO in the post bubble era. [6]

For the full year 2010, LinkedIn reported a total revenue of $243M and a net income of $14.5M. Revenue increased by 103% over the previous year, and net income increased from a net loss $4M.[7]

  1. LNKD S-1/A 2011 PROSPECTUS SUMMARY "LinkedIn Corporation" pg 1-2
  2. LNKD S-1/A 2011 PROSPECTUS SUMMARY "How We Generate Revenue" pg 45-46
  3. LNKD S-1/A 2011 PROSPECTUS SUMMARY "LinkedIn Corporation" pg 1-2
  4. Seeking Alpha "LinkedIn: IPO Will Place Company at Strategic Crossroads" 21 Feb 2011
  5. Renaissance Capital - IPO Home "LinkedIn prices IPO at $45, high end of revised range" 18 May 2011
  6. Template:Cite news
  7. LNKD S-1/A 2011 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pg 10-11
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