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need to know
Pope puts abortion forgiveness on the table
Survey may confirm our worst gender fears
GE names first female vice chair
Amgen finds data falsified in diabetes study

NYSE invokes Rule 48 before market open

Never use a market order when stocks are selling off

New on the shelves of your local Apple Store: drones

How LVMH poached Apple digital exec Ian Rogers

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Canada’s economy enters recession — arguably

Construction laborers work on the top floor of a high rise apartment building in New York.
Building is emerging as strongest sector of economy
U.S. manufacturing growth at 2-year low: ISM

Annie Leibovitz goes to work on UBS’s image

How China turned minor yuan issue into global rout
Chinese factory data pull Asian shares lower
Beijing bumbling is China’s biggest problem

These are the cars that get the most Instagram attention

Best time to buy a new car may be just around the corner
U.S. car sales are stronger than expected

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Unlucky lottery winner gets IOU from Illinois

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man


/conga/frontpage.html 353867

Markets »

101.82MDow Volume:
Avg Vol: 109.98M
Unchanged
144
Decliners
5231
Advancers
1183
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,095 -433 2.62%
Nasdaq
/quotes/zigman/12633936/realtime 4,650 -126 2.64%
S&P 500
/quotes/zigman/3870025/realtime 1,919 -54 2.72%
GlobalDow
/quotes/zigman/629063/realtime 2,299 -56 2.38%
Gold
/quotes/zigman/662444/delayed 1,139 +7 0.59%
Oil
/quotes/zigman/2331095/delayed 45.26 -3.94 8.01%
FTSE 100
/quotes/zigman/3173262/delayed 6,059 -189 3.03%
DAX
/quotes/zigman/2380246/delayed 10,016 -244 2.38%
CAC 40
/quotes/zigman/3173214/delayed 4,541 -112 2.40%
FTSE MIB
/quotes/zigman/1482176/delayed 21,451 -491 2.24%
IBEX 35
/quotes/zigman/2759620/delayed 9,993 -266 2.59%
Stoxx 600
/quotes/zigman/2380150/delayed 353 -10 2.73%
Asia Dow
/quotes/zigman/6959860/realtime 2,718 -66 2.38%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.70%
Yen
/quotes/zigman/16008150/realtime/sampled 119.82 -1.40 1.16%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.24%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 1.12%
DXY Index
/quotes/zigman/1652083/delayed 95.44 -0.49 0.51%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.27 -0.16 0.18%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.05 2.20%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.06 8.79%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 +0.08 4.05%
Spain 10yr
/quotes/zigman/15866444/realtime 2.14 +0.08 3.76%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 1.25%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 45 -4 8.01%
Gold
/quotes/zigman/662444/delayed 1,139 +7 0.59%
Corn
/quotes/zigman/7599553/delayed 368 -7 1.87%
DJIA F
/quotes/zigman/38649152/delayed 16,079 -429 2.60%
S&P F
/quotes/zigman/30356461/delayed 1,916 -53 2.71%
Silver
/quotes/zigman/3134148/delayed 15 0 0.08%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.24 -2.19 -2.45%
AAPL /quotes/zigman/68270/composite 108.68 -4.08 -3.62%
GOOG /quotes/zigman/30194416/composite 600.24 -18.01 -2.91%
BAC /quotes/zigman/190927/composite 15.62 -0.72 -4.41%
C /quotes/zigman/5065548/composite 50.92 -2.56 -4.79%
F /quotes/zigman/264304/composite 13.76 -0.11 -0.79%
T /quotes/zigman/398198/composite 32.41 -0.79 -2.38%
BP /quotes/zigman/247026/composite 32.18 -1.36 -4.05%
GE /quotes/zigman/227468/composite 23.94 -0.89 -3.57%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
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Will Groupon Lower Prices on Future IPOs?

Groupon’s accounting woes are doing for its stock what the company normally does for massage prices. And investing pros say the daily deal site’s lowered revenues may also discount enthusiasm for the latest wave of Internet IPOs.

Sources tell the Wall Street Journal that the Securities and Exchange Commission is examining Groupon’s (GRPN) revision of its financial results for its first quarter as a public company after discovering executives did not properly account for customer refunds. Since then, its stock has fallen 20% to $15.30. The changes will reduce the company’s revenue by $14.3 million for the fourth quarter and widen its loss by $22.6 million. Some experts say the news shows how difficult it is to monetize the value of new tech companies. “Too often investors get caught up in the frenzy of a well known company going public,” says Tim Keating, chief executive officer of Keating Capital, Inc, a company that specializes in pre-IPO investments. ”Just because a company is familiar, doesn’t make them a great investment.”

Recently public web companies like Groupon can be especially difficult to value because they are often still trying to figure out how to create steady revenue streams from their services, says Devin Pope, wealth adviser for Albion Financial Group. “They’re not necessarily selling a product that is easy to evaluate,” says Pope. Investors may not want to jump in right after an IPO because these companies may see their revenues and business models change as they mature, he says. Groupon, for example, at first excluded marketing costs from its accounting, which enabled the company to show a profit even though it was generating losses under standard accounting rules. The company also initially counted as revenue everything it took in from daily-deals, but later subtracted the amount it shares with merchants.

To be sure, Groupon hasn’t been accused of any wrongdoing. And such early accounting blunders may get less attention in the future if Congress passes new rules under the JOBS Act that would allow companies to work out accounting disagreements with regulators before they go public. And many Internet companies can go on to reward investors and demonstrate value as they mature, says Keating, pointing to Facebook, which he says has demonstrated that it can generate steady revenue through advertisements and applications. Groupon did not respond to requests for comment.

Still some advisers recommend waiting until a company has reported earnings for several quarters and shown that it can generate steady profits before they invest in a newly public Internet company.  Jeffrey Bogue, an adviser in North Berwick, Maine, recommends keeping such investments to less than 5% of your overall portfolio. And of course, investors should be patient, pros say. “Overall, people will look at Groupon as a lesson learned,” says Paul Brigandi, senior portfolio manager of the $5 million Direxion Long/Short Global IPO fund, which invests in newly public companies. “There’s great upside but a lot of that is not substantiated yet.”

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Close in:

need to know
Pope puts abortion forgiveness on the table
Survey may confirm our worst gender fears
GE names first female vice chair
Amgen finds data falsified in diabetes study

NYSE invokes Rule 48 before market open

Never use a market order when stocks are selling off

New on the shelves of your local Apple Store: drones

How LVMH poached Apple digital exec Ian Rogers

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Canada’s economy enters recession — arguably

Construction laborers work on the top floor of a high rise apartment building in New York.
Building is emerging as strongest sector of economy
U.S. manufacturing growth at 2-year low: ISM

Annie Leibovitz goes to work on UBS’s image

How China turned minor yuan issue into global rout
Chinese factory data pull Asian shares lower
Beijing bumbling is China’s biggest problem

These are the cars that get the most Instagram attention

Best time to buy a new car may be just around the corner
U.S. car sales are stronger than expected

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Unlucky lottery winner gets IOU from Illinois

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man


/conga/frontpage.html 353867

Markets »

101.79MDow Volume:
Avg Vol: 109.98M
Unchanged
144
Decliners
5231
Advancers
1183
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,095 -433 2.62%
Nasdaq
/quotes/zigman/12633936/realtime 4,650 -126 2.64%
S&P 500
/quotes/zigman/3870025/realtime 1,918 -54 2.72%
GlobalDow
/quotes/zigman/629063/realtime 2,299 -56 2.38%
Gold
/quotes/zigman/662444/delayed 1,139 +7 0.59%
Oil
/quotes/zigman/2331095/delayed 45.26 -3.94 8.01%
FTSE 100
/quotes/zigman/3173262/delayed 6,059 -189 3.03%
DAX
/quotes/zigman/2380246/delayed 10,016 -244 2.38%
CAC 40
/quotes/zigman/3173214/delayed 4,541 -112 2.40%
FTSE MIB
/quotes/zigman/1482176/delayed 21,451 -491 2.24%
IBEX 35
/quotes/zigman/2759620/delayed 9,993 -266 2.59%
Stoxx 600
/quotes/zigman/2380150/delayed 353 -10 2.73%
Asia Dow
/quotes/zigman/6959860/realtime 2,718 -66 2.38%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.70%
Yen
/quotes/zigman/16008150/realtime/sampled 119.82 -1.40 1.16%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.24%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 1.12%
DXY Index
/quotes/zigman/1652083/delayed 95.44 -0.49 0.51%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.27 -0.16 0.19%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.05 2.20%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.06 8.79%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 +0.08 4.05%
Spain 10yr
/quotes/zigman/15866444/realtime 2.14 +0.08 3.76%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 1.25%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 45 -4 8.01%
Gold
/quotes/zigman/662444/delayed 1,139 +7 0.59%
Corn
/quotes/zigman/7599553/delayed 368 -7 1.87%
DJIA F
/quotes/zigman/38649152/delayed 16,079 -429 2.60%
S&P F
/quotes/zigman/30356461/delayed 1,916 -53 2.71%
Silver
/quotes/zigman/3134148/delayed 15 0 0.08%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.17 -2.26 -2.53%
AAPL /quotes/zigman/68270/composite 108.62 -4.14 -3.67%
GOOG /quotes/zigman/30194416/composite 599.62 -18.63 -3.01%
BAC /quotes/zigman/190927/composite 15.62 -0.72 -4.41%
C /quotes/zigman/5065548/composite 50.90 -2.58 -4.82%
F /quotes/zigman/264304/composite 13.76 -0.12 -0.83%
T /quotes/zigman/398198/composite 32.39 -0.81 -2.44%
BP /quotes/zigman/247026/composite 32.17 -1.37 -4.08%
GE /quotes/zigman/227468/composite 23.92 -0.90 -3.63%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/12221594/composite AMBA-7.10%
  • /quotes/zigman/617037/composite UAL+0.32%
  • /quotes/zigman/8669138/composite DWTI+19.58%
  • /quotes/zigman/24849617/composite AAL+1.13%
  • /quotes/zigman/87598/composite NFLX-8.56%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
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