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US stock index futures erased their gains to turn negative Tuesday after Greek party leaders failed to agree on a coalition government, trumping earlier euphoria over a batch of better-than-expected economic news.
Take a look at some of Tuesday's morning movers:
Facebook increases IPO range, Groupon beats estimates, Moody’s downgrades Italian banks, Tepper’s Appaloosa files 13F, private equity titan pays record price for Manhattan co-op.
Nearly two-thirds of active stock investors think Facebook is going to be overvalued when it goes public this week, according to the AP-CNBC poll.
“I don’t love the story but I do like the stock action,” says trader Guy Adami and price is truth.
CNBC's Julia Boorstin has the latest from Groupon's conference call.
Stocks closed sharply lower across the board Monday, with the S&P 500 breaking below the closely-watched 1,340 level, as worries over Greece's potential exit from the euro zone and fears over a slowdown in China kept investors on edge.
Check out which companies are making headlines after-the-bell Monday:
The daily deals site reported quarterly earnings and revenue that beat Wall Street's expectations on Monday, sending its shares higher in extended-hours trading.
Take a look at some of Monday's midday movers:
U.S. stock index futures were sharply lower Monday, as Greece's failure to form a coalition government increased fears that the nation would leave the euro zone.
Get Cramer's earnings expectations for Groupon, Deere, Target and more.
Happy Friday! With a parade of major retailers and some smaller tech firms on tap to post earnings next week, check out what analysts expect and how to trade some of the top companies.
Jim Iuorio, TJM Institutional Services, offers insight on how to trade stocks ahead of their earnings report next week, including Groupon, Wal-Mart and Home Depot.
Chances are Groupon has been on the radar after Starbucks CEO Howard Schultz left the Groupon board. But Schutlz tells us, don't read into the departure.
Howard Schultz, Starbucks founder and CEO discusses his company's business strategies, partnership with Green Mountain Coffee and why he left Groupon's board, with CNBC's Tyler Mathisen. Pete Najarian, TradeMonster.com, also weighs in.
Since the bursting of the Internet bubble over a decade ago, technology stocks have been a relatively safe bet compared to the more volatile financial and energy sectors.
Morgan Stanley, led by its technology investment banking chief, Michael Grimes, has shepherded 28 technology initial public offerings in the past year. The New York Times reports.
Given the large amount of attention on the social networking giant's IPO, investors shouldn't expect to actually get shares or make money on them, USA Today reports.
Here are 10 stocks that may benefit from Facebook’s IPO.