Top Trending Tickers On StockTwits For February 7

Here's a look at the top tickers trending on StockTwits.com

LinkedIn: Strong quarter, weak guidance

Last night, LinkedIn LNKD reported its fourth quarter results. The company announced an EPS of $0.39, beating the consensus estimate of $0.38. Revenue of $447.2 million beat the consensus estimate of $438.28 million. LinkedIn guided for its first quarter revenue to be $455 million to $460 million and 2014 revenue of $2.02 billion to $2.05 billion, below consensus estimates of $470.3 million and $2.16 billion, respectively.

See also: Top Financial Tweets From February 7

Investors showed further signs of frustration when LinkedIn disclosed during its conference call that its site traffic fell quarter over quarter. Unique visitors fell by three million users to 138 million and page views fell by one billion to 10.6 billion. LinkedIn announced that it has acquired Bright, a provider of job search engine/listing platforms for $120 million. The company said that it will use Bright's “data-driven matching technology, machine-learning algorithms and domain expertise.”

Starbucks: Upgrade to Venti from Strong Grande

This morning, Starbucks SBUX was upgraded to Outperform from Market Perform at Wells Fargo. The analysts upped their price target from $74-$76 to $87-$89.

The analysts changed their view after leaving meetings with Starbucks' management believing that the company's loyalty programs and digital offerings is “entering a new era of growth.”

Fairway Group Holdings: Plethora of downgrades following yesterday's earnings and management shuffle

Last night, Fairway Group Holdings FWM reported its third quarter results. The company announced an EPS of -$0.74, not even close to the consensus estimate of a four cent loss. Revenue of $205.7 million missed the consensus estimate of $207.8 million. Fairway Group announced that its Chief Executive Officer Herbert Ruestch will retire and will be replaced by William Sanford, President of the company.

This morning, many analysts issued downgrades: Oppenheimer downgraded shares to Perform from Outperform. Credit Suisse downgraded shares to Underperform from Neutral. BMO Capital Markets downgraded shares to Market Perform from Outperform with a price target lowered to $8 from a previous $24. BB&T downgraded shares to Hold from Buy. Guggenheim downgraded shares to Neutral from Buy. BB&T downgraded shares to Hold from Buy.

Expedia: Strong quarter

Last night, Expedia EXPE reported its fourth quarter results. The company announced an EPS of $0.92, beating the consensus estimate of $0.86. Revenue of $1.15 billion beat the consensus estimate of $1.14 billion. Expedia reported a strong acceleration in gross bookings growth which grew 15 percent from the third quarter and 21 percent year over year. Bookings growth was fueled by a 25 percent year over year increase in hotel room nights which were up from 20 percent in the third quarter.

The company noted a 13 percent increase in air tickets sold. The lone negative, revenue per hotel room night fell nine percent. As part of the company's strategy, it continues to invest heavily on search ads. Sales and marketing spend rose 23 percent year over year to $484 million while technology and content spend rose 15 percent to $155 million.

Apple: Spending some of its cash hoard

his morning, investors woke up to news that Apple AAPL has repurchased $14 billion of its stock in the two weeks since it reported its first quarter results. Reuters, quoting a company spokesman, said that the company bought $12 billion of shares via an accelerated share repurchase program (ASR) and $2 billion of shares from the open market.

Apple has now bought back $40 billion in stock during the past year as part of its $60 billion share authorization. Apple is set to face a showdown with activist investor Carl Icahn who wants the company to repurchase an extra $50 billion of shares by the end of September. The issue will face a shareholder vote during the company's annual meeting at the end of the month.

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Posted In: NewsApple Annual MeetingApple Share RepurchaseCarl IcahnCredit SuisseExpedia EarningsFairway Group HoldingsHerbert RuestchLinkedIn EarningsStarbucks UpgradeWells FargoWilliam Sanford
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