And in contrast to last quarter’s post-earnings pop after another big beat , shares are down more than 9% in after-hours trading as of this writing as investors mulled lighter-than-expected revenue guidance from the local business-review specialist. Let’s take a closer look, then, at what Yelp had to say, and what investors can expect going forward.
Category: Sales
Twitter, Inc.’s Revenue Growth Nearly Grinds to a Halt
But there were a few bright spots in the company’s earnings release as well. Here’s an overview of Twitter’s fourth-quarter performance.
Is Your Broker a Trusted Adviser or Just Another Salesperson? Finance Industry Wants it Both Ways
In a report Tuesday, two consumer groups said the same financial companies portraying themselves as trusted advisers to customers are arguing in court papers that they’re nothing more than salespeople. Want to drive your brokerage or insurance firm nuts? Send a letter telling them to put the stuff they say in their marketing and advertising in writing to you — or risk losing your business.
Morgan Stanley Said to Cut Bonuses, Jobs for Equities Traders
Morgan Stanley, Wall Street’s biggest stock-trading firm by revenue, is cutting its global bonus pool for the equities division by as much as 4 percent and dismissing some employees after the industry’s results flagged last year, according to people with knowledge of the plans. The firm, which is set to pay annual bonuses next month, has been fine-tuning calculations for pay packages since November, according to the people, who asked not to be identified describing the deliberations.