Stocks closed near highs of the session Wednesday with the S&P finishing at its highest level since July 2011, buoyed by an optimistic report on Greece, which added fuel to an earlier rally after a better-than-expected housing market report.
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Stock index futures cut their gains to turn flat Wednesday following a handful of tepid economic news and amid fears over the ongoing European debt crisis, but Goldman Sachs earnings helped limit losses.
Take a look at some of Wednesday morning's early movers:
Financial company earnings, including Goldman Sachs, could help set the tone for stocks Wednesday.
In the after market shares of Yahoo! landed on the trader radar after word hit the Street that former CEO Jerry Yang resigned, suddenly, from his position on the Yahoo! board.
The Fast Money traders weigh in on the impact of Jerry Yang's resignation from the boards of Yahoo, and Alibaba Group, and how to play it. Also Ken Sena, Evercore Partners, discusses what the resignation means for shareholders and Yahoo's CEO, Scott Thompson. CNBC's Jon Fortt has the latest details on activist investors and Yahoo's future.
The start-up boom means there are more freshly minted millionaires looking to manage their wealth. And Wall Street firms are happy to help, for a fee. The New York times reports.
Tim Armstrong, AOL CEO, discusses the newest technologies coming out of CES this year; plans to monetize Patch; and his company's long-term growth strategy. Also, the Fast Money traders weigh in on the play in the tech space.
WNBC's Jonathan Dienst, reports iPhone sales hurt Verizon Wireless' profit margins; the American car industry had it's best year since 2008; Liz Claiborne is changing its name to Fifth and Pacific; and Eastman Kodak could be on the verge of bankruptcy.
Talk of a possible Yahoo takeover of Netflix led one “Fast Money” trader to highlight the potential of selling calls to boost dividends.
With the naming of a new CEO for Yahoo, Scott Thompson, analysts expect a merger, acquisition or outright sale to follow.
Netflix has been a broken stock since late summer. But new developments may change that.
Is Netflix a possible takeover candidate by Yahoo? Gene Munster, Piper Jaffray, and the Fast Money traders, weigh in on the rumor, and the possible play on the stocks, and options activity. Also a paid to wait options strategy on Yahoo, with Pete Najarian, Fast Money trader.
The Dow and S&P clawed back into positive territory at the close Wednesday, adding to the sharp rally from the previous session, but gains were limited over renewed fears over the euro zone debt crisis.
Rory Maher, Hillside Partners, and Paul Meeks, Winsor Asset Management, discuss whether Yahoo investors should be worried about the new CEO's lack of ad-sales experience, and what the shakeup will mean for Yahoo's Asian partners.
Yahoo names Paypal's Scott Thompson as CEO. Ken Sena, analyst at Evercore Partners, discusses.
Insight on what Yahoo's CEO announcement means for the stock price and business going forward, with Anthony DiClemente, Barclays.
CNBC's Jon Fortt has the story on Yahoo naming Paypal president Scott Thompson, as its new CEO.
Yahoo names Paypal's Scott Thompson as its new CEO this morning, Insight on what this means for the stock, with Gene Munster, Piper Jaffray managing director/senior research analyst.