Top Stock News: Facebook Inc (NASDAQ FB) Records New High As Earning Beats Expectation

Owing to strong advertising gains, Facebook Inc (NASDAQ FB) has posted earnings per share of $0.42 on revenue of $2.91 billion excluding one-time items. After an initial decline following the results, Facebook Inc (NASDAQ FB) is presently trading at $74.07 up $2.78 or 3.91% in extended trading. Prior to the earnings call the company was…

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Active Watch List – Yelp (NYSE:YELP) , Google (NASDAQ:GOOG) , Higher One (NYSE:ONE) , Prudential Bancorp (NASDAQ:PBIP) , Sensata Technologies (NYSE:ST)

Macquarie lifted its price target on Yelp Inc (NYSE:YELP) stock to $82 from $75. The analysts also underscored their “outperform” rating on the shares. Yelp Inc (NYSE:YELP) stock performance was 0.19% in last session and finished the day at $68.70. Traded volume was 1.57million shares in the last session and the average volume of the stock…

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Coin Capital Management Launches New Bitcoin Hedge Fund

As the Winklevoss twins attempt to get regulatory approval for their bitcoin exchange-traded fund, we now have another fund that revolves around the crypto-currency. According to FINalternatives, Coin Capital Management has launched the new fund. Managing Partner Samuel Cahn said they see the digital currency as “an exciting payment technology.” The new hedge fund which…

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