Membership growth is down slightly from last year, and sales in lincolns corp. Business core business were up 52 , but trailing last years numbers as well. This is a company that helps to match jobseekers with jobs come a based on data. Cory johnson as well as our immediate are joining me. If facebook blew it out of the water last week and twitter was disappointing this week, where does lincoln fall . It is like goldilocks, right in the middle. Not to not too cold and not too hot. We see slowing growth. You expect from growth for a company that is more than a couple years old. We see a company that is continuing to monetize better. Revenue. Revenue per user is gently picking up every single quarter on a sequential basis. At some point, this might be a story where sequential does not matter, where things are seasonal. To me, a business that is not seasonal like this shows you that they are still growing linkedin has been investing more in its mobile products. In terms of where else they
Slightly from last year, and sales in lincolns core business were up 52 , but trailing last years numbers as well. This is a company that helps to match jobseekers with jobs come a based on data. Cory johnson as well as our immediate are joining me. If facebook blew it out of the water last week and twitter was disappointing this week, where does lincoln fall . It is like goldilocks, right in the middle. Not too cold and not too hot. We see slowing growth. You expect from growth for a company that is more than a couple years old. We see a company that is continuing to monetize better. Revenue per user is gently picking up every single quarter on a sequential basis. At some point, this might be a story where sequential does not matter, where things are seasonal. To me, a business that is not seasonal like this shows you that they are still growing linkedin has been investing more in its mobile products. In terms of where else they can invest, what are the possibilities . Asia is a big m
Washington deal on the debt limit was near. Wall street opens this morning after another strong run on friday. The dow closed at its high 111 points higher nasdaq 31 higher, s p 10 up. Gold continued its fall. Down 27 dollars for a weekly loss of more than 3 percent. Oil ended down around a dollar. Caused by the prediction that next year the United States will overtake russia as the worlds 2nd Largest Oil Producer behind the opec nations. The prediction comes from the International Energy agency. The 2 largest mortgage banks say Rising Interest Rates pushed 4th quarter loan originations to nearly half of what they were a year ago. Wells fargo and jp morgan say home loan applications have been on the downward slide for nearly 6 months. A lot of talk and a lot of hope over the weekend, but as of yet no clear breakthrough in terms of the Government Shutdown or what to do to resolve the debt ceiling crisis. Republicans have been backing down from their earlier demands for large concessions
And oil gained 1. 29 starbucks ceo is feeling frustrated with the lack of action out of washington. So Howard Shultz is starting a petition today available to the public in cafes and online urging lawmakers to reopen the government and pay its bills. Shutlz calls it a platform to give americans a voice their outrage. Investors were busying buying safeway stock in bulk after the bell. Shares rose nearly 5 in heavy volume. Grocery store operator revenues topped expectations, reduced its forecast for the year. And revealed plans to exit all dominicks stores in chicago by next year. Scott shellady of trean is here to talk about the big rally. What a great trading opportunity that was. But was the rally premature . I dont think so. I think that with the rhetoric we saw yesterday we just went back to where we were befor all this garbage in washington started to happen. I think the equity market was one that took the negative washington sentiment the most. You didnt see that move in the 10 ye
Taper timeline. When the fed might be getting ready to execute a new plan for the economy. In todays cover story. A look ahead at 2014, through the eyes of traders. Plus. Simple tips to investing in etfs. And. Why super bowl tickets are the hottest commodity. On wall street. Lets get down to business youre watching First Business financial news, analysis, and todays investment ideas. Good morning its wednesday, december 18th. Im angela miles. In todays first look stocks stall ahead of the Rate Decision and potential taper talk from the fed today. The dow, nasdaq and s p remained close to unchanged for the day. Gold shed 13 dollars and oil 38 cents. Amc raises the curtain on its ipo. The stock begins trading today, alternatives after pricing in 17, 18,19, 20,21 the ticker is amc. Triple aaa predicts 94. 5 Million People will travel during the holidays. Making it the 5th Straight Year of an increase of americans hitting the road and taking to the skies. And today is Free Shipping day mor