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LinkedIn Shares Soaring

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  • Description

    FBN’s Robert Gray with a look at what’s moving in after-hours trading.

  • Duration 0:54
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I'm Robert Gray with your Fox Business brief.

Linkedin shares are soaring in extended trading after the company's better than expected first quarter results.

And the professional networking -- is raising both its second quarter and full year revenue forecast.

Dow component Kraft also posting better than expected first quarter results earnings for the food company topping estimates at 57 cents a share revenue up 5% to thirteen point one billion dollars.

A bearish tone on Wall Street today following a round of mixed reports on the US economy.

Jobless claims drop more than expected last week though the prior week was revised higher.

Outplacement firm challenger gray and Christmas says plant -- rose more than 7% in April from the prior month.

And the services sector also grew at a slower than expected pace in April.

That is the latest from the Fox Business Network continue to power to.

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