Thursday's market selloff was like Wall Street's Ebola outbreak. But the panic is likely to subside, says "Fast Money" trader Jon Najarian.» Read More
SAN FRANCISCO, July 31- Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc was taking notes. Amazon's experiment with services goes back to at least mid-2012 in its hometown of Seattle.
July 30- Yelp Inc, the operator of consumer review website Yelp.com, reported its first quarterly profit as a public company, shrugging of analyst forecasts of a loss as small business customers spent more on advertising. Yelp shares fell as much as 3 percent in extended trading, before recovering most of the lost ground.
SAN FRANCISCO— Yelp Inc. on Wednesday reported a second-quarter profit after posting a loss in the same period a year ago. The San Francisco- based company reported net income of $2.7 million, or 4 cents per share, compared with a loss of $878,000, or 1 cent per share, in the same quarter a year ago.
July 30- Yum Brands Inc said reports of improper food handling by Chinese supplier Shanghai Husi has had a "significant, negative impact" on same-store sales at its KFC and Pizza Hut outlets in China over the past 10 days. Yelp's shares fell 6.5 percent in extended trading.
July 30- Yelp Inc, the operator of consumer review website Yelp.com, reported its first quarterly profit as a public company, shrugging of analyst forecasts of a loss, as it won more small businesses customers. Yelp, which listed almost three years ago, competes with internet search engines from Google Inc, Yahoo Inc and Microsoft Corp's Bing.
July 30- Yelp Inc, the operator of consumer review website Yelp.com, reported its first profit as a public company as more small businesses advertised on its website and mobile app. The company reported a net income of $2.7 million, or 4 cents per share, in the second quarter ended June 30, compared with a loss of $878,000, or 1 cent per share, a year earlier.
BRUSSELS/ SAN FRANCISCO, July 30- European regulators are preparing what could be a stern challenge to Google Inc's mobile software business in the coming months after a nearly four-year investigation into the company's Web search practices left rivals and European politicians dissatisfied.
PayPal co-founder Max Levchin, discusses the Yahoo's growth potential and shares his thoughts on Yelp's platform. Levchin also discusses valuations in today's marketplace.
With Twitter at $38, Cramer says earnings will speak volumes to the Street. But you have to know what to listen for.
Jim Cramer sees plenty of money making opportunities scattered across almost every sector of the market. Here's what's on his calendar.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
July 24- Shares of Angie's List Inc, a review website, fell about 24 percent to a life low after the company forecast current-quarter revenue below analysts' estimates due to higher spending to sign up customers.
Facebook reported earnings and revenue that beat estimates in the second quarter, thanks to its robust mobile ad business.
NEW YORK— What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3- D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking a lot about how phones ought to work. The Fire phone uses Android, but Amazon has modified it to the point that it's barely recognizable.
"My general assessment at this point is that threats to financial stability are at a moderate level and not a very high level," Yellen said.
WASHINGTON, July 15- Federal Reserve Chair Janet Yellen said U.S. labor markets are far from healthy and signaled the Fed will keep monetary policy loose until hiring and wage data show the effects of the financial crisis are "completely gone."
Yellen said there were signs of a production and spending rebound in the second quarter, but 'this bears close watching.'
The unusual comments from the Fed's monetary policy report- the first time in 14 years that the Fed has commented specifically on valuation of a particular equity sector- that accompanied Fed Chair Janet Yellen's semi-annual testimony to Congress, hit stocks in riskier sectors of the market.
The Federal Reserve's unusually targeted comments that biotech and social media stocks are overheated sucked the wind out of a an early rally.
Shares in biotechs and social media stocks fell Tuesday after a Fed report suggested their valuations appear stretched.