Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
Coeur Mining reported 1Q15 revenue of $153 million. It missed consensus estimates by $2.55 million. The company reported net loss of $24.4 million in 1Q15.
The investment in silver mining stocks appears to be based on the view that the stocks could outperform the market. This is due to a rise in consumer demand for silver.
In 1Q15, around 23 hedge funds created a new position in Coeur Mining. Over 52 hedge funds added to their position in Coeur Mining including Renaissance Technologies.
Newmont’s (NEM) share price jumped 6.5% after the release of its 1Q15 results. The company reported Q1 revenue of $2 billion and adjusted EPS of $0.46.
In this series, we’ll take a look at Newmont Mining’s performance over the last quarter in order to better understand its current and longer-term drivers.
The new LinkedIn Lead accelerator suite enables marketers to reach their target audiences more effectively. This addition should allow the company to generate more advertising revenues.
JAT Capital Management invests primarily in technology, media and telecom, travel, leisure, and gaming companies. In this series, we’ll take a detailed look at the fund’s top holdings in 1Q15.
Walgreens Boots Alliance reported that net sales in the second quarter of 2015 increased by 35.5% to $26.6 billion. Q2 earnings increased by 21.6% to $1.18 per share.
In 4Q14, around 112 hedge funds created a new position in Priceline Group—including Eton Park. Its other top new positions were CDK Global, EQT, and KLX.
In 4Q14, Coatue Management exited its position in Vipshop Holdings. Coatue sold 3,163,580 shares of Vipshop. It represented 0.61% of the fund’s 3Q14 portfolio.
In 4Q14, Coatue Management exited its position in Level 3 Communications. Coatue sold 3,122,406 shares of Level 3. It represented 1.46% of the fund’s 3Q14 portfolio.
Coatue Management is a privately owned hedge fund sponsor. At the end of 4Q14, its US long portfolio was worth $10.5 billion—up from $9.7 billion in 3Q14.
Coatue Management’s fourth-quarter 13F filing reveals new positions in Actavis (ACT), JD.com (JD), Electronic Arts (EA), Visa (V), and MasterCard (MA).
The Nabors companies own and operate approximately 466 land drilling rigs throughout the world and approximately 543 land workover and well servicing rigs in North America.
Blue Harbour started a new position in Clean Harbors (CLH) in 4Q14, buying 1,434,552 shares worth $68 million. It accounts for 2.21% of the fund’s total portfolio.
In February 2015, Cognizant Technology Solutions announced its 4Q14 results and reported revenues of $2.74 billion, up 16.4% from $2.36 billion in 4Q13.
Maverick Capital increased its position in Northstar Realty Finance (NRF) by more than $21 million in stock. Northstar represented 1.06% of the fund’s total portfolio in 4Q14.
Maverick Capital increased its position in Novartis (NVS) by more than $22 million in stock. It represented 0.75% of the fund’s total portfolio in 4Q14.
Maverick Capital increased its position in Santander Consumer USA Holdings (SC) by more than $70 million in stock. Santander accounts for 4.44% of the fund’s portfolio in 4Q14.
Maverick Capital started a new 4Q14 position in Priceline Group, buying 111,000 shares worth $126 million. Priceline accounts for 1.98% of the fund’s portfolio.
Maverick Capital started a new position in CommScope Holding (COMM) in 4Q14. According to 13F filings, CommScope accounts for 2.53% of the fund’s portfolio.
Increased user engagement is one reason Facebook’s ad pricing has increased. Average price per ad has increased due to its redesigned right-hand column ads.
During the earnings conference call, Yahoo’s management said that in 2014, more than 600,000 applications were integrated with the Flurry software development kit.
Even though Yahoo has added more than 1,000 people from acquisitions, Yahoo’s headcount has been relatively flat throughout the current management’s tenure.
In July 2009, Yahoo (YHOO) signed a ten-year deal with Microsoft (MSFT) with the expectation that the partnership will allow both firms to team up against the dominant player, Google (GOOG).
Yahoo plans to make Tumblr similar to YouTube and is trying to convince some of Google’s top YouTube stars to make Tumblr their exclusive video distributor.
Yahoo’s native ads generated $106 million in 4Q14, up 32% quarter-over-quarter. Revenue for 2014 of $300 million exceeded company estimates of $250 million.
Yahoo (YHOO) has been trying hard to compete in the online advertising market where Google (GOOG) and Facebook (FB) have managed to make rapid strides.
Across its China retail marketplaces, Alibaba’s gross merchandise volume grew by 49% YoY. It was driven by strength in Taobao Marketplace and Tmall.com.
Part of the reason for Alibaba’s GMV growth was the growth in its active user base. The growth was driven by an increase in active buyers throughout China.
For the quarter ending in December 2014, Alibaba achieved 265 million monthly active users on its mobile commerce apps. This is a sequential growth of 22%.
The decline in Alibaba’s operating margin was in part due to investments in new business initiatives, such as a mobile operating system, local services, and digital entertainment.
In the 4Q14 earnings call, eBay’s management gave guidance for its business units, with PayPal’s 2015 revenue growth at 15%–18% on an FX-neutral basis.
eBay’s take rate fell from 3.79% in 2Q13 to 3.53% in 2Q14. However, the company isn’t worried about it since take rate is offset by healthy revenue growth.
To turn around eBay Marketplaces, eBay needs to sharpen its focus on strategies. Marketplaces president Devin Wenig is taking aggressive steps to do that.
Since 4Q14, eBay’s gross merchandise volume (or GMV) has declined 0.07% globally and 0.11% in the US market, eBay’s largest and most competitive market.
Average revenue per user (or ARPU) is another important metric for Internet companies. It provides an idea of how well a company can monetize its user base.
Facebook’s average ad price increased rapidly in 4Q14 mainly because of ad redesign, improved ad targeting, and the launch of accurate measurement tools.
Twitter (TWTR) upgraded its direct messaging tool by allowing users to have private group chats with as many as 20 other friends or strangers who follow them.
Facebook (FB) is losing lot of its teenage demographic, as teens find the social networking site more mature now and are moving to other popular sites.
Facebook’s Mark Zuckerberg is often questioned about Facebook’s high-priced acquisition of WhatsApp, which generated revenue of only $20 million in 2013.
Facebook (FB) is expected to announce its Q4 2014 earnings on January 28, 2015. In this series, we’ll analyze how the last quarter of 2014 could turn out.
On December 15, 2014, Yahoo completed the acquisition of BrightRoll for ~$640 million in cash. It’s the industry’s leading programmatic video advertising platform.
In May 2013, Yahoo announced that it planned to acquire Tumblr, a blogging site, for $1.1 billion. Tumblr is one of the fastest-growing media networks in the world.
During the conference call to announce its 3Q14 earnings, management mentioned that Yahoo’s products are doing well. They have new and improved features.
Yahoo (YHOO) increased the growth rate in its mobile advertising business. By the end of 2014 it will start getting more traffic from mobile than desktop.
