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

New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 -0.4% /quotes/zigman/38649152/delayed DOW -0.4% /quotes/zigman/30356458/delayed NASDAQ -0.5%

need to know
Market turmoil caused by obscure strategy?
44 million tried Apple Music in its first month
When do markets close for Labor Day?
Amazon to buy video software company
ISM services index slows, but tops forecast
Jobless claims rise to two-month high
U.S. trade deficit shrinks 7.4% to $41.9 billion
L.L. Bean longtime CEO Leon Gorman dies
Treasury's Lew irked by China's FX move
Kentucky clerk jailed over marriage licenses

Oops — Rick Perry says broken clock right once a day

Six actors who were almost cast as James Bond

Sizeable outflow from China adds to fears

Ad war over oil exports heats up as vote nears

What it’s like to play tennis with a ‘smart’ racket

Tom Brady’s ‘Deflategate’ suspension overturned
The real Deflategate verdict? NFL’s in trouble

Immigration to Germany hits highest mark since 1992

Chaos at Budapest train station as migrants rush trains
Budapest and Europe face a migrant crisis
Syrian refugees reach Norway — via the Arctic
Father of drowned Syrian boy describes voyage

Gates: How we can avoid worst of climate change

Watch China’s    90-minute parade in 60 seconds
Xi talks peace, but China parade flexes power
China markets close for war anniversary

Blame Marissa Mayer for maternity-leave shrink

Karl Lagerfeld is coming to a store near you

These are the college majors that are dying

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

Investment risk has changed, so this must change too
Volatility is driving foreign buyers to Treasurys

The search for 1,000 angels to help women startups

43% of U.S. homes are at high risk of natural disaster

Why the U.K. Hugo Chavez will be good for its economy

Why India is worth a look if you’re cooling on China

Apple’s biggest challenge: Topping the iPhone 6
Apple set to join content contest
What to expect from the Apple event on Sept. 9
/conga/frontpage.html 354117

Markets »

109.73MDow Volume:
Avg Vol: 113.10M
Unchanged
224
Decliners
2653
Advancers
3709
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 16,375 +23 0.14%
Nasdaq
/quotes/zigman/12633936/realtime 4,733 -16 0.35%
S&P 500
/quotes/zigman/3870025/realtime 1,951 +2 0.12%
GlobalDow
/quotes/zigman/629063/realtime 2,311 -12 0.51%
Gold
/quotes/zigman/662444/delayed 1,125 +0 0.03%
Oil
/quotes/zigman/2331095/delayed 46.18 -0.57 1.22%
FTSE 100
/quotes/zigman/3173262/delayed 6,194 +111 1.82%
DAX
/quotes/zigman/2380246/delayed 10,318 +270 2.68%
CAC 40
/quotes/zigman/3173214/delayed 4,654 +99 2.17%
FTSE MIB
/quotes/zigman/1482176/delayed 22,177 +565 2.62%
IBEX 35
/quotes/zigman/2759620/delayed 10,042 +104 1.05%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +8 2.37%
Asia Dow
/quotes/zigman/6959860/realtime 2,685 -28 1.02%
Nikkei 225
/quotes/zigman/5986735/delayed 17,792 -390 2.15%
Hang Seng
/quotes/zigman/2622475/delayed 20,855 -80 0.38%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,264 -501 1.94%
Singapore
/quotes/zigman/1709939/delayed 2,872 -35 1.19%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 +0.00 0.14%
Yen
/quotes/zigman/16008150/realtime/sampled 119.37 -0.70 0.59%
Pound
/quotes/zigman/16008140/realtime/sampled 1.52 0.00 0.29%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.63%
DXY Index
/quotes/zigman/1652083/delayed 96.31 -0.09 0.10%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.81 0.00 0.00%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.15 -0.01 0.69%
German 10y
/quotes/zigman/15866409/realtime 0.71 -0.01 1.57%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 0.00 0.21%
Spain 10yr
/quotes/zigman/15866444/realtime 2.09 -0.02 0.96%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.77 -0.03 1.56%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 -0.02 4.26%
Crude Oil
/quotes/zigman/2331095/delayed 46 -1 1.22%
Gold
/quotes/zigman/662444/delayed 1,125 +0 0.03%
Corn
/quotes/zigman/7599553/delayed 361 -1 0.14%
DJIA F
/quotes/zigman/38649152/delayed 16,282 -66 0.40%
S&P F
/quotes/zigman/30356461/delayed 1,939 -7 0.35%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.43%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.15 -1.74 -1.94%
AAPL /quotes/zigman/68270/composite 110.37 -1.97 -1.75%
GOOG /quotes/zigman/30194416/composite 606.25 -8.09 -1.32%
BAC /quotes/zigman/190927/composite 15.94 0.09 0.57%
C /quotes/zigman/5065548/composite 51.79 0.04 0.08%
F /quotes/zigman/264304/composite 13.84 -0.03 -0.22%
T /quotes/zigman/398198/composite 33.04 0.22 0.67%
BP /quotes/zigman/247026/composite 32.41 0.21 0.65%
GE /quotes/zigman/227468/composite 24.51 -0.06 -0.24%
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/87598/composite NFLX-4.15%
  • /quotes/zigman/7601800/composite JOY-14.60%
  • /quotes/zigman/12221594/composite AMBA-10.77%
  • /quotes/zigman/250106/composite WWE+3.08%
  • /quotes/zigman/19452757/composite ORCL+0.41%
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
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

Email address

Password

Forgot password?

SmartMoney Blogs

Real-Time Advice
Our real-time advice on how market shifts and news impact you and your money

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.”

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (1 of 1)

View all Comments »
    • By WebOsPublisher

      articles by author lindsy emery articlebeach.html.html.html.html.html – U Informatika
      /**
      * thumbnail-title related posts style
      **/
      #alrp-related-posts h3, #alrp-related-posts h2font-size:1.2em;font-style:normal;margin-bottom: 10px;
      .alrp-content-captionbackground:none repeat scroll 0 0 #FFF;border:1px solid rgba(255,255,255,0.5);box-shadow:1px 1px 3px rgba(0,0,0,0.5);float:left;line-height:18px;margin:0 10px 15px 0;max-width:124px;padding:5px;text-align:center;width:124px;
      .alrp-content-caption:hoverborder:1px solid rgba(255,255,255,0.5);box-shadow:0px 0px 1px rgba(0,0,0,0.5);
      .alrp-content-caption imgmargin:5px 5px 0;width:114px;height: 90px;
      .alrp-content-caption pfont-size: 11px;margin:5px
      .alrp-content-caption acolor:#252525;text-decoration: none
      .alrp-content-caption a:hovercolor:#252525;text-decoration: none
      .broken_link, a.broken_link
      text-decoration: line-through;

      U Informatika
      Digital University For Smart People
      home
      articles by author lindsy emery articlebeach.html.html.html.html.html – U Informatika
      Advertisement
      Not Found
      Sorry, but you are looking for something that isn’t here.
      Subscribe Via Email
      Free Feed Subsricber Via Email!
      Latest Reads:software fc untuk merubah file vidioUniversity north america located in bennedownload template joomla 1 5 kerenlowongan dosen freelance pajakhow to make parol using strawCategories
      Brand New
      Campus Corner
      Comics
      Ebook
      Event
      Freebies
      Game
      Graphic Design
      Healty
      Joomla
      Linux
      Lowongan Kerja
      Macintosh
      Magazine
      Movies
      Scholarships
      Simple Machine Forum
      Software
      Tutorials
      Wordpress
      U Informatika
      Free Download
      Downloads
      You might also likecloseSaturday, 08/12/2012 1:18 AMCollege Grants and ScholarshipsFriday, 07/12/2012 1:18 PMKate Middleton’s Wedding Dress Is Going To Reveal

About Real-Time Advice

  • How breaking news — in the markets, Washington, and around the world — affects you and your money. Have a question about how current events may change your financial future? Email us at ask@smartmoney.com.

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

New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 -0.4% /quotes/zigman/38649152/delayed DOW -0.4% /quotes/zigman/30356458/delayed NASDAQ -0.5%

need to know
Market turmoil caused by obscure strategy?
44 million tried Apple Music in its first month
When do markets close for Labor Day?
Amazon to buy video software company
ISM services index slows, but tops forecast
Jobless claims rise to two-month high
U.S. trade deficit shrinks 7.4% to $41.9 billion
L.L. Bean longtime CEO Leon Gorman dies
Treasury's Lew irked by China's FX move
Kentucky clerk jailed over marriage licenses

Oops — Rick Perry says broken clock right once a day

Six actors who were almost cast as James Bond

Sizeable outflow from China adds to fears

Ad war over oil exports heats up as vote nears

What it’s like to play tennis with a ‘smart’ racket

Tom Brady’s ‘Deflategate’ suspension overturned
The real Deflategate verdict? NFL’s in trouble

Immigration to Germany hits highest mark since 1992

Chaos at Budapest train station as migrants rush trains
Budapest and Europe face a migrant crisis
Syrian refugees reach Norway — via the Arctic
Father of drowned Syrian boy describes voyage

Gates: How we can avoid worst of climate change

Watch China’s    90-minute parade in 60 seconds
Xi talks peace, but China parade flexes power
China markets close for war anniversary

Blame Marissa Mayer for maternity-leave shrink

Karl Lagerfeld is coming to a store near you

These are the college majors that are dying

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

Investment risk has changed, so this must change too
Volatility is driving foreign buyers to Treasurys

The search for 1,000 angels to help women startups

43% of U.S. homes are at high risk of natural disaster

Why the U.K. Hugo Chavez will be good for its economy

Why India is worth a look if you’re cooling on China

Apple’s biggest challenge: Topping the iPhone 6
Apple set to join content contest
What to expect from the Apple event on Sept. 9
/conga/frontpage.html 354117

Markets »

109.73MDow Volume:
Avg Vol: 113.10M
Unchanged
224
Decliners
2653
Advancers
3709
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 16,375 +23 0.14%
Nasdaq
/quotes/zigman/12633936/realtime 4,733 -16 0.35%
S&P 500
/quotes/zigman/3870025/realtime 1,951 +2 0.12%
GlobalDow
/quotes/zigman/629063/realtime 2,311 -12 0.51%
Gold
/quotes/zigman/662444/delayed 1,125 +0 0.03%
Oil
/quotes/zigman/2331095/delayed 46.22 -0.53 1.13%
FTSE 100
/quotes/zigman/3173262/delayed 6,194 +111 1.82%
DAX
/quotes/zigman/2380246/delayed 10,318 +270 2.68%
CAC 40
/quotes/zigman/3173214/delayed 4,654 +99 2.17%
FTSE MIB
/quotes/zigman/1482176/delayed 22,177 +565 2.62%
IBEX 35
/quotes/zigman/2759620/delayed 10,042 +104 1.05%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +8 2.37%
Asia Dow
/quotes/zigman/6959860/realtime 2,685 -28 1.03%
Nikkei 225
/quotes/zigman/5986735/delayed 17,792 -390 2.15%
Hang Seng
/quotes/zigman/2622475/delayed 20,858 -77 0.37%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,266 -499 1.94%
Singapore
/quotes/zigman/1709939/delayed 2,872 -35 1.19%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 +0.00 0.14%
Yen
/quotes/zigman/16008150/realtime/sampled 119.37 -0.70 0.59%
Pound
/quotes/zigman/16008140/realtime/sampled 1.52 0.00 0.28%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.61%
DXY Index
/quotes/zigman/1652083/delayed 96.30 -0.10 0.10%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.81 0.00 0.00%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.15 -0.01 0.69%
German 10y
/quotes/zigman/15866409/realtime 0.71 -0.01 1.46%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 0.00 0.21%
Spain 10yr
/quotes/zigman/15866444/realtime 2.09 -0.02 0.96%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.77 -0.03 1.56%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 -0.02 4.26%
Crude Oil
/quotes/zigman/2331095/delayed 46 -1 1.13%
Gold
/quotes/zigman/662444/delayed 1,125 +0 0.03%
Corn
/quotes/zigman/7599553/delayed 361 -1 0.14%
DJIA F
/quotes/zigman/38649152/delayed 16,282 -66 0.40%
S&P F
/quotes/zigman/30356461/delayed 1,940 -7 0.34%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.43%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.15 -1.74 -1.94%
AAPL /quotes/zigman/68270/composite 110.37 -1.97 -1.75%
GOOG /quotes/zigman/30194416/composite 606.25 -8.09 -1.32%
BAC /quotes/zigman/190927/composite 15.94 0.09 0.57%
C /quotes/zigman/5065548/composite 51.79 0.04 0.08%
F /quotes/zigman/264304/composite 13.84 -0.03 -0.22%
T /quotes/zigman/398198/composite 33.04 0.22 0.67%
BP /quotes/zigman/247026/composite 32.41 0.21 0.65%
GE /quotes/zigman/227468/composite 24.51 -0.06 -0.24%
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/87598/composite NFLX-4.15%
  • /quotes/zigman/7601800/composite JOY-14.60%
  • /quotes/zigman/12221594/composite AMBA-10.77%
  • /quotes/zigman/250106/composite WWE+3.08%
  • /quotes/zigman/19452757/composite ORCL+0.41%
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
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

Email address

Password

Forgot password?