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Posted inBusiness

Briefcase

Market milestones noted but not much celebrated The stock market reached a couple of milestones this week – Dow 13,000 for the first time since 2008 and Nasdaq 3,000 for the first time since 2000 – but it didn’t achieve much else. Stocks crept lower Friday, and the Dow Jones industrial average turned in its […]

Posted inBusiness

Yelp stock opens to strong demand from investors

Yelp’s stock opened to five-star reviews from investors Friday, soaring 65 percent to $24.77 in the first minutes of trading after pricing at $15 on Thursday night. The online reviews site’s initial public offering priced above its targeted range of $12 to $14 per share. That already suggested strong investor demand for a slice of […]