YELP PARTNERS WITH FEDS, OFFERS “CITIZEN INSIGHTS” OF TSA


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Fiorina is concerned about the “failure rate” of body scanners, not the fact the machines and invasive pat-downs violate the constitutional rights of citizens.

Polls recorded strong opposition after the Department of Homeland Security and the TSA implemented more aggressive “enhanced security measures” at airports around the country in November, 2010.

A Zogby International poll found that 48% of potential travelers would seek alternatives to flying because of the new measures. 61% oppose the use of scanners and invasive pat-downs and 48% said the procedures are a violation of privacy rights.

Fiorina did not address this opposition or the privacy issue. Instead, she said Americans are perturbed by government that “cannot get anything done.”

http://www.infowars.com/yelp-partners-with-feds-offers-citizen-insights-of-tsa/

Twitter soars on strong results; Yelp tanks


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Twitter TWTR, +5.30%  said its second-quarter loss narrowed to $136.7million, or 21 cents a share, from a loss of $144.6 million, or 24 cents a share, a year ago. Excluding certain expenses, Twitter would have earned 7 cents a share, better than the 4 cents a share forecast by analysts. Revenue jumped 61% to $502.4 million. Shares of Twitter surged more than 10% at one point in after hours.

Yelp Inc. YELP, -0.65%  shares tanked after the online reviews service cut its full-year outlook. Yelp swung to a second-quarter loss of $1.3 million, or 2 cents a share, from a profit of $2.7 million, or 4 cents a share, a year ago. Excluding non-recurring items, Yelp would have earned 12 cents a share, better than the penny a share forecast by analysts in a FactSet survey. Revenue rose 51% to $133.9 million. However, the company slashed its full-year sales outlook to a range of $544 million to $550 million from $574 million to $579 million previously. Yelp shares fell 14% in after hours trade.

http://www.marketwatch.com/story/ford-ups-and-twitter-earnings-in-tuesday-focus-2015-07-27?siteid=yhoof2

Yelp gets horrible reviews from investors and potential employees


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Investors gave Yelp Inc. some pretty awful reviews after a second quarter full of unpleasant surprises, and some may now be wondering if its long-term goal to reach $1 billion in revenue is a pipe dream as the company has trouble attracting employees.

Yelp’s YELP, -0.65%  shares fell more than 16% in after-hours trading on Tuesday, after providing a disappointing outlook for the rest of the year. The review site told investors that it was shutting down its display advertising business by the end of the year, not hiring as many sales people as it had originally projected, and its revenue would take a hit as a result of both moves. Yelp lowered its guidance for full-year revenue to a range of $544 million to $550 million, from a previous range of $574 million to $579 million.

http://www.marketwatch.com/story/yelp-gets-horrible-reviews-from-investors-and-potential-employees-2015-07-28?siteid=yhoof2

Analysts are losing hope for Yelp


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Deutsche Bank analysts hit Yelp with a biting downgrade, reducing their price target from from $56 to $31 because of “deteriorating fundamentals” at the company.

The trouble, according to the analysts, comes primarily from Yelp’s local advertising woes. The salesforce at Yelp has been been growing while the number of local advertising accounts has been falling. And the lack of local advertising accounts has real consequences for consumers — you end up not getting ads that are useful to you.

http://www.businessinsider.com/yelp-analysts-losing-hope-2015-7