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U.S. markets news

LinkedIn's revenue beat fails to connect with investors
LinkedIn Corp (LNKD.N), operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in quarterly revenue on Thursday, driven by strong growth in its business serving recruiters.
CompaniesLinkedIn shares after-hours: +15% turns to -5%  Financial Times
LinkedIn Plunges in After-Hours Despite Earnings Beat, Etsy Jumps Ahead of ...  TheStreet.com
seattlepi.com  
Spring Rebound for US Economy Sets Stage for Fed Rate Hike
The U.S. economy isn't moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year.
Atlanta Fed GDP Tracker Wins Second-Quarter Forecasting Race  Wall Street Journal
Economic Growth in U.S. Picks Up After Better Start to 2015  Bloomberg
Nasdaq up 0.3% after GDP news; Dow, S&P 500 flat
Stocks cut early losses Thursday, with the Nasdaq climbing and the Dow and S&P 500 finishing flat as investors digested a batch of mixed corporate earnings and a report of slightly lower than expected but decent economic growth.
US Stocks End Flat Amid Earnings, GDP Data  Wall Street Journal
Wall Street flat on mixed earnings, data  The Australian
Worms Invade Houston Suburb Water Supply
The faucets, sprinklers and shower heads in Old River-Winfree, a suburb 25 miles east of Houston, have been infested with small red worms—and no one seems to know where they came from.
Homeowners in Old River Winfree are outraged after finding small blood worms ...  Houston Sun Times
Worms Infest Drinking Water of Texas Neighborhood  Investorplace.com
Whole Foods' stock is teetering on the edge of a scary technical cliff
Whole Foods Market Inc. may not have as much time as it hopes to repair its image, because the natural-foods grocer's stock has reached the edge of a technical cliff, that warns of a potentially massive selloff.
Whole Foods Learns A Golden Rule Of Leadership -- The Hard Way  Forbes
Whole Foods was the 'victim' after overcharging customers, says ...  NJ.com
SoulCycle plans to exercise an IPO
SoulCycle Inc., the network of cycling exercise studios, filed Thursday to raise $100 million in an initial public offering, providing details of its fast growth and impressive bottom line for the first time.
The Fitness Chain SoulCycle Files for an Initial Public Offering  New York Times
What is SoulCycle, And Why Are People Obsessed With It?  Bloomberg
Amgen's profit jumps 7% in 2nd quarter as sales rise, costs decline
Thousand Oaks biotech firm Amgen Inc. said its profit jumped 7% in the second quarter as sales of several key drugs increased. The results, released after markets closed Thursday, were better than analysts had expected.
Amgen profit tops Street view, boosts full-year forecast  Reuters
Amgen Raises 2015 Outlook, Results Beat Expectations  Wall Street Journal
Expedia beats Wall Street view, shares rise
Expedia Inc (EXPE.O) on Thursday posted a second-quarter profit above analysts' expectations and announced a larger dividend as travel bookings grow, sending its shares up more than 7 percent in after-market trade.
Expedia tops 2Q profit forecasts  Sacramento Bee
Expedia profit tops expectations  MarketWatch
UPDATE 4-T-Mobile raises 2015 subscriber forecast; results top estimates
... * Reports Q2 revenue of $8.18 bln vs est $7.94 bln. * Raises 2015 postpaid user forecast. * Q2 profit falls 7.7 pct (Adds executive and analyst quotes, updates stock price, adds details on video).
T-Mobile Reports Profit Alongside Customer Growth  Wall Street Journal
Why T-Mobile's Rapid Growth Could Be Great for Everybody's Phone Bill  Slate Magazine (blog)
FireEye posts slowest revenue growth since debut; CFO quits
Cybersecurity company FireEye Inc reported its slowest quarterly revenue growth since going public in 2013, and said Chief Financial Officer Michael Sheridan will step down.
Online 'Cold War' heating up between China, US and Russia, FireEye ...  MarketWatch
Notable Earnings: FireEye (FEYE), YRC Worldwide (YRCW), Expedia (EXPE ...  Wall Street Pit