Jim Cramer has got something to say about four leaders that he just doesn’t like.» Read More
NEW YORK, Oct 30- U.S. stock index futures edged higher on Wednesday, a day after the Dow and the S&P 500 indexes hit a new closing record, on expectations that the Federal Reserve's monthly bond purchases of $85 billion will be extended into next year.
Some of the names on the move ahead of the open.
Stocks finished near session highs Tuesday, with the S&P 500 touching a fresh high and the Dow within 50 points of an all-time record, as investors looked ahead to the Federal Reserve's announcement.
Check out which companies are making headlines after the bell Tuesday:
Oct 29- Yelp Inc, operator of a consumer reviews website, reported a wider quarterly loss as it spent more on marketing. Yelp's net loss widened to $2.3 million, or 4 cents per share, in the third quarter, from $2.0 million, or 3 cents per share, a year earlier. Revenue rose 68 percent to $61.2 million.
Discussing whether the market has legs or not, with Jim Lowell, Adviser Investments; Sameer Samana, Wells Fargo Advisors.
Yelp says mobile was a bright spot, however shares are down about 5 percent on its earnings data, reports CNBC's Dominic Chu. The company reported a Q3 loss of ($0.04) ex-items on revenue of $61 million.
Shares of Yelp have tripled this year. Jon Najarian, Optionmonster, and Mike Murphy, Rosecliff Capital, debate whether investors should be long on Yelp.
U.S. stock index futures held their gains Tuesday, with the S&P 500 poised to hit a fresh high, despite a weaker-than-expected retail sales report and ahead of the Federal Reserve's two-day meeting.
As the Fed begins its two-day policy meeting Tuesday, markets will get a look at how consumers behaved just before the government shut down.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
Cramer’s noticed a theme in the market. Certain earnings have included gigantic upside surprises.
*Q3 loss/shr $0.23 vs est $0.20. Oct 23- Online review company Angie's List Inc reported lower-than-expected third-quarter revenue as first-year membership renewal rates fell, and forecast current-quarter revenue that also fell short of market estimates.
Trends emerge this earnings' season: limited Q4 visibility, momentum names slide, oil is dropping, and bond yields break down.
"Some of those names, I think, are presenting attractive opportunities," Mark Mahaney says.
Stocks finished sharply lower for a second session Tuesday, with major averages hitting one-month lows, as investors digested comments from President Barack Obama on the ongoing political impasse in Washington.
Oct 3- Just about everyone in Silicon Valley has dreamed of striking it rich with a well-timed investment. Williams was Twitter's CEO until 2010, when current CEO Dick Costolo took the helm. This stake includes shares owned by partner Peter Fenton, who led the firm's investment in consumer-Internet play Yelp, holds a board seat at Twitter.
Stocks kicked off the first trading day of the month and quarter with modest gains, lifted by an upbeat manufacturing activity report and as investors seemed to shrug off the first partial government shutdown since 1996.
Happy Wednesday. The government may shut down, but the six-pack just keeps on going.
Nineteen companies caught writing fake reviews on websites such as Yelp and Google Local have been snared in a year-long sting operation by the New York Attorney General.