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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

05/04/2012

Caribou Coffee Company Inc. (CBOU)

Caribou Coffee didn't have its caffeine today, looking very lethargic down 13.51% at $12.10. Caribou reported EPS in line with what was expected, however the company's revenue was down. The coffee maker stated there was much slower growth in its K-Cup sales than expected. Along with this the company has found many coffee drinkers are sticking to their present drinking patterns, making it much more difficult for the company to gain customers. Caribou also blamed there poor revenue on the fact that commercial sales were down. This caused the sales forecast to be cut from 20% down to 6%-10%. Caribou Coffee chalked up revenue of $80.5 million. The five analysts polled by S&P Capital IQ expected to see a top line of $81.6 million on the same basis. Caribou needs to drink its product and get a boost upward again.

LinkedIn Corporation (LNKD)

LinkedIn is linked in today, up 7.25% at $117.34. LinkedIn went higher today based on the news that it was going to buy the company SlideShare. In this deal LinkedIn will purchase SlideShare for $118.8 million, comprised of 45% cash and 55% stock. The company's revenue climbed 101% to $188.5 million, making this the seventh consecutive quarter in which revenue has more than doubled. Adjusted earnings soared 191% to $16.9 million or $0.15 a share. Analysts see LinkedIn earnings $0.54 a share next year, $1.34 a share come 2014, and $1.85 a share in 2015. There are 161 million professionals on LinkedIn, and 36% of the dot-com speedster's revenue is now international. This is far from Facebook's 900 million users, but these are movers and shakers that recruiters and advertisers want to reach. LinkedIn is on fire today up quite a bit, especially when considering that the market was down huge today (Dow down 168.32).
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