Posted inNews From Around The Web

Yelp takes a hit on $250 million share offering

- 20 hours ago @ marketwatch.com: Yelp's (NYSE:YELP) shares slid nearly 6% in after-hours trading, with much of the decline coming after the company announced plans to sell an additional $250 million in stock for additional “working capital” for the money-losing online review service.- 5 hours ago @ thestreet.com: NEW YORK (TheStreet) -- If you're a long-term…
Posted inNews From Around The Web

Wall Street retreats slightly ahead of Fed announcement

11:34 am by Deborah Bacal This morning, ADP reported that private sector employment gains slowed down in October, as employers added 130,000 jobs, compared to expectations of 138,000, according to Bloomberg. ADP also revised September's gain to 145,000, down from 166,000 previously. U.S. stocks pulled back from earlier gains Wednesday as investors exercised caution ahead…