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need to know
Apple's biggest challenge: Topping iPhone 6
Petco gets private equity interest amid IPO
Planet Fitness rises after earnings beat
Five Below shares tank in late trading
Oil stages turnaround to top $46 a barrel
The 11 richest people on the planet under 35
How estate planning can be stress-free
Get last-minute, cheap Broadway tickets
Babe Ruth’s New York apartment is for sale

Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354005

Markets »

133.48MDow Volume:
Avg Vol: 113.01M
Unchanged
201
Decliners
1922
Advancers
4480
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 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,316 +3 0.13%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.09%
Oil
/quotes/zigman/2331095/delayed 46.25 0.00 0.00%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,718 +14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,397 +301 1.66%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,615 +161 0.63%
Singapore
/quotes/zigman/1709939/delayed 2,902 +24 0.82%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 0.00 0.04%
Yen
/quotes/zigman/16008150/realtime/sampled 120.56 +0.23 0.19%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.01%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.27%
DXY Index
/quotes/zigman/1652083/delayed 95.96 -0.03 0.03%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.63 +0.07 0.08%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.01 0.40%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.45%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.41 +0.01 2.83%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.00%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.09%
Corn
/quotes/zigman/7599553/delayed 366 -1 0.34%
DJIA F
/quotes/zigman/38649152/delayed 16,345 +15 0.09%
S&P F
/quotes/zigman/30356461/delayed 1,949 +1 0.07%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.02%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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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

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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

Tokyo Markets Close in:

need to know
Apple's biggest challenge: Topping iPhone 6
Petco gets private equity interest amid IPO
Planet Fitness rises after earnings beat
Five Below shares tank in late trading
Oil stages turnaround to top $46 a barrel
The 11 richest people on the planet under 35
How estate planning can be stress-free
Get last-minute, cheap Broadway tickets
Babe Ruth’s New York apartment is for sale

Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354005

Markets »

133.48MDow Volume:
Avg Vol: 113.01M
Unchanged
201
Decliners
1922
Advancers
4480
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 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,316 +3 0.13%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.09%
Oil
/quotes/zigman/2331095/delayed 46.25 0.00 0.00%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,718 +15 0.56%
Nikkei 225
/quotes/zigman/5986735/delayed 18,393 +297 1.64%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,615 +161 0.63%
Singapore
/quotes/zigman/1709939/delayed 2,903 +25 0.86%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 0.00 0.04%
Yen
/quotes/zigman/16008150/realtime/sampled 120.56 +0.23 0.19%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.01%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.30%
DXY Index
/quotes/zigman/1652083/delayed 95.96 -0.03 0.03%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.63 +0.08 0.09%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.01 0.40%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.45%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.41 +0.01 2.83%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.00%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.09%
Corn
/quotes/zigman/7599553/delayed 366 -1 0.34%
DJIA F
/quotes/zigman/38649152/delayed 16,345 +15 0.09%
S&P F
/quotes/zigman/30356461/delayed 1,949 +1 0.07%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.02%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
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/246199/composite XLE+0.92%
  • /quotes/zigman/107702/composite KNDI-0.63%
  • /quotes/zigman/23556538/composite TWTR+2.92%
  • /quotes/zigman/52940733/composite TDOC-3.06%
  • /quotes/zigman/32032597/composite IMPR-0.20%
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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  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

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