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Yelp To Sell $250 Million In Secondary Offering

– 9 hours ago @ SAN FRANCISCO, Oct. 29, 2013 /PRNewswire/ — Yelp Inc. (NYSE: YELP) announced today that it is commencing an underwritten registered public offering of approximately $250.0 million of its shares of Class …

– 8 hours ago @ Yelp Inc.’s third-quarter loss widened partly due to higher taxes, overshadowing the online business review site’s robust growth on smartphones and tablets. The company also said it intends to raise …

– 3 hours ago @ Shares of Yelp, Inc. (YELP) declined 10 percent after the consumer review website reported a loss for the third quarter that widened from last year and also came in wider than analysts’ expectations. However, revenue for the quarter surged 68 percent and beat analysts’ estimates.

– 9 hours ago @ Updated from 4:16 p.m. to include updated share price and news of secondary offering.NEW YORK (TheStreet) — Yelp shares fell 5.4% to $65.10 despite third-quarter revenue that beat Wall Street estimates, and the company raising 2013 revenue guidance. The company also announced it would be doing a secondary offering, as it seeks to bolster its balance sheet. The San Francisco-based online urban …


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Mystic Maggie

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