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Tokyo Markets Close in:

need to know
China to close market this week to honor WW II
CNN shakes up GOP debate criteria
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

McDonald’s set to offer all-day breakfast


 
Uber drivers lawsuit  endangers much more than Uber
Uber driver suit can proceed as class-action

Never use a market order when stocks are selling off

Texas edges out North Dakota in this oil list

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

New on the shelves of your local Apple Store: drones

Annie Leibovitz is working on UBS’s image

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

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

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

/conga/frontpage.html 353884

Markets »

171.39MDow Volume:
Avg Vol: 111.86M
Unchanged
163
Decliners
5264
Advancers
1172
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 16,058 -470 2.84%
Nasdaq
/quotes/zigman/12633936/realtime 4,636 -140 2.94%
S&P 500
/quotes/zigman/3870025/realtime 1,914 -58 2.96%
GlobalDow
/quotes/zigman/629063/realtime 2,292 -4 0.16%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.19%
Oil
/quotes/zigman/2331095/delayed 44.33 -1.08 2.38%
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 2,697 -21 0.77%
Nikkei 225
/quotes/zigman/5986735/delayed 18,273 +108 0.59%
Hang Seng
/quotes/zigman/2622475/delayed 20,988 -197 0.93%
Shanghai
/quotes/zigman/1859015/delayed 3,072 -95 2.99%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,889 +6 0.21%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 0.00 0.38%
Yen
/quotes/zigman/16008150/realtime/sampled 120.13 +0.76 0.64%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.03%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.13%
DXY Index
/quotes/zigman/1652083/delayed 95.64 +0.27 0.28%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.43 +0.26 0.30%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 +0.00 0.08%
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 0.40 +0.04 10.26%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 2.38%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.19%
Corn
/quotes/zigman/7599553/delayed 371 +2 0.41%
DJIA F
/quotes/zigman/38649152/delayed 16,208 +121 0.75%
S&P F
/quotes/zigman/30356461/delayed 1,931 +15 0.76%
Silver
/quotes/zigman/3134148/delayed 15 0 0.41%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.23 -2.20 -2.46%
AAPL /quotes/zigman/68270/composite 107.72 -5.04 -4.47%
GOOG /quotes/zigman/30194416/composite 597.79 -20.46 -3.31%
BAC /quotes/zigman/190927/composite 15.58 -0.76 -4.65%
C /quotes/zigman/5065548/composite 50.94 -2.54 -4.75%
F /quotes/zigman/264304/composite 13.72 -0.15 -1.08%
T /quotes/zigman/398198/composite 32.32 -0.88 -2.65%
BP /quotes/zigman/247026/composite 32.14 -1.40 -4.17%
GE /quotes/zigman/227468/composite 23.88 -0.94 -3.79%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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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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3 Reasons Facebook Stock Won’t Soar

——————–

Facebook (FB) on Tuesday tumbled another 8.9% to $31 – well below last week’s $38 initial offering price. Shareholders who had bought the stock for a quick flip must now consider whether to defy all those Facebook skeptics and hold it longer.

That has worked out beautifully for anyone who has held Google (GOOG) stock since its 2004 debut. It has multiplied six-fold in price.

Like Facebook, Google is a purely online business with a dominant market share. It makes most of its money from advertising and turns a high percentage of each revenue dollar into operating profits. Its stock was also initially panned by many as too expensive.

But there are also some important differences between the two companies that may prevent Facebook from producing a Google-like performance over the next eight years. Here are three.

1. Facebook is nearly twice as expensive as Google was following its own stock market debut.

When Google came to market in August 2004, it had booked $2.3 billion in revenues over the prior four quarters. The stock ended its first day of trading at a price that valued Google at $27 billion. Those numbers make for a price-to-revenues ratio of about 12.

Facebook ended Tuesday with a value of $85 billion, and it has brought in $4 billion in revenues over the past four quarters. That’s a price-to-revenues ratio of 21.

Google has found a way to multiply its revenues 17 times since its initial stock offering, to $40 billion. If Facebook can do likewise, investors should expect its stock to do half as well, considering that it’s starting at nearly twice the price. That would nonetheless provide a handsome return for investors. But it may be unrealistic to expect that kind of revenue growth from Facebook.

2. Google has already plucked the low-hanging fruit.

Back in 2004, newspapers and magazines together captured 43.8% of advertising spending, versus just 3.7% for websites, according to Zenith Optimedia. That gap has narrowed. This year, 27.3% of advertising dollars are expected to go to newspapers and magazines, and 18.2% is expected to go to websites.

The shift from print to online advertising will continue, but not as quickly. In 2014, newspapers and magazines will collect 24.1% of advertising dollars, versus 22.1% for websites, predicts Zenith Optimedia.

In other words, Google thrived in part by capturing business from vulnerable print publications, but the weakest of these have closed, and others have built thriving websites. Facebook will have to compete for ad dollars with a stronger core of print companies and their websites, and more important, with the likes of Google.

3. The world only needs so much advertising.

Suppose Facebook grows much more skilled in turning its traffic into advertising dollars. Couldn’t it then multiply its revenues 17 times over the next eight years, the way Google has over the past eight? After all, the company’s active user base consists of 13% of humanity.

There’s a problem with that thinking, however. Google’s rise didn’t prevent print media companies from selling ads. Rather, it cratered the prices for such ads. For example, Google’s AdSense allowed just about any website owner to sell advertising by banding together with a massive jumble of other websites. The result was a flood of new pages available for ads, creating more supply than demand.

For a company of Facebook’s size, that presents a dilemma. If it doesn’t learn how to effectively sell ads against its massive traffic, its revenues won’t grow quickly, but if it does learn, the result may be a glut of ad-space supply and a drop in prices, restraining revenue growth just the same.

Global advertising spending is expected to increase 4.8% this year, according to Zenith Optimedia. Facebook’s revenues, meanwhile, are projected by analysts to increase 36% this year to $5.1 billion. That’s fast growth and it suggests Facebook is indeed taking market share, but it’s early in the company’s publicly traded life. For the stock to pay off over the long term, Facebook will have to continue to outgrow the advertising industry by a similar margin for many years to come.

Google has done it. But then, in its first year as a public company, its revenues didn’t rise a mere 36%. They more than doubled.

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    • By WebOsPublisher

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    • It only seems natural that the eyes and brain will evolve not to pay attention to advertisements.
      When I click on a video and have to wait for an ad, I just do something else for 15 or 30 seconds. Honestly, I’m starting to just ignore all types of ads subconsciously. I can’t be the only one.

      I’m not sure if I would rely on any company that survives just off cheap advertisement that aren’t very effective.

      Here is a test – There is a big ad space on the top right of this site. Do you remember what it was ? Exactly!

    • and you can block the ads which is great.

    • Very good reasons, but there is more: DEFLATION! Deflationary crash is coming. An entire nation cannot borrow non-stop and hope that all will be fine when the pay back time arrives. US dollar is the place to be. There is nowhere to hide. There is no way to diversify. Every asset will decline against the US dollar.Google for “DEFLATIONARY CRASH KONDRATIEFF WAVE” to understand the dangers in this deflationary environment. FED printed trillions! More than tripled the base money supply. Where is the inflation? Does that tell you something?

      http://www.kondratieffwavecycle.com

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

Tokyo Markets Close in:

need to know
China to close market this week to honor WW II
CNN shakes up GOP debate criteria
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

McDonald’s set to offer all-day breakfast


 
Uber drivers lawsuit  endangers much more than Uber
Uber driver suit can proceed as class-action

Never use a market order when stocks are selling off

Texas edges out North Dakota in this oil list

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

New on the shelves of your local Apple Store: drones

Annie Leibovitz is working on UBS’s image

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

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

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

/conga/frontpage.html 353884

Markets »

171.39MDow Volume:
Avg Vol: 111.86M
Unchanged
163
Decliners
5264
Advancers
1172
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 16,058 -470 2.84%
Nasdaq
/quotes/zigman/12633936/realtime 4,636 -140 2.94%
S&P 500
/quotes/zigman/3870025/realtime 1,914 -58 2.96%
GlobalDow
/quotes/zigman/629063/realtime 2,292 -4 0.16%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.19%
Oil
/quotes/zigman/2331095/delayed 44.33 -1.08 2.38%
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 2,697 -21 0.77%
Nikkei 225
/quotes/zigman/5986735/delayed 18,273 +108 0.59%
Hang Seng
/quotes/zigman/2622475/delayed 20,991 -195 0.92%
Shanghai
/quotes/zigman/1859015/delayed 3,072 -95 3.00%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,889 +6 0.22%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 0.00 0.38%
Yen
/quotes/zigman/16008150/realtime/sampled 120.13 +0.76 0.64%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.03%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.14%
DXY Index
/quotes/zigman/1652083/delayed 95.65 +0.27 0.29%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.43 +0.26 0.30%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 +0.00 0.08%
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 0.40 +0.04 10.26%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 2.38%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.19%
Corn
/quotes/zigman/7599553/delayed 371 +2 0.41%
DJIA F
/quotes/zigman/38649152/delayed 16,205 +118 0.73%
S&P F
/quotes/zigman/30356461/delayed 1,930 +14 0.75%
Silver
/quotes/zigman/3134148/delayed 15 0 0.41%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.23 -2.20 -2.46%
AAPL /quotes/zigman/68270/composite 107.72 -5.04 -4.47%
GOOG /quotes/zigman/30194416/composite 597.79 -20.46 -3.31%
BAC /quotes/zigman/190927/composite 15.58 -0.76 -4.65%
C /quotes/zigman/5065548/composite 50.94 -2.54 -4.75%
F /quotes/zigman/264304/composite 13.72 -0.15 -1.08%
T /quotes/zigman/398198/composite 32.32 -0.88 -2.65%
BP /quotes/zigman/247026/composite 32.14 -1.40 -4.17%
GE /quotes/zigman/227468/composite 23.88 -0.94 -3.79%
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-6.30%
  • /quotes/zigman/87598/composite NFLX-8.03%
  • /quotes/zigman/4534424/composite QIHU-6.26%
  • /quotes/zigman/8669138/composite DWTI+19.53%
  • /quotes/zigman/15952148/composite OVAS-10.65%
X
Powered by StockTwits
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As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

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