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Largo Resources hits 52-week the plaza hotel in new york record as Maracas first production nears Lydian International s president and chief executive to step down New Zealand Energy embarks on transformation as Origin deal closes
Yelp Inc. (Yelp), formerly Yelp! Inc., connects people with local businesses. Its users contribute reviews of every type of local business, from restaurants, boutiques and salons to dentists, mechanics and plumbers.
Yelp Inc. ( NYSE:YELP ), operator of a consumer reviews website, tumbled in premarket trades after posting a wider loss in the third quarter, missing estimates, as marketing costs surged and taxes increased.
Yelp fell 9 percent to $62.68 at 5:37 a.m. in New York. The shares the plaza hotel in new york have more than quadrupled since the company went public at $15 a share in March last year. The stock closed up 1.8 percent yesterday, giving the company a market value of $4.49 billion.
Net loss for the three months ended Sept. 30 widened the plaza hotel in new york to $2.3 million, or 4 cents a share, from $2 million, or 3 cents a share, in the year-earlier period, the San Francisco, California-based company said in a statement after market close yesterday. Analysts had forecast a loss of a penny a share.
Yelp 's website posted a 41 percent increase in average monthly unique visitors from the year-ago period to about 117 million. Cumulative reviews for the third quarter grew 42 percent year-over-year to more than 47.3 million. Active local business accounts rose 61 percent to 57,200.
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