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5 Things You Need to Know Before the Stock Market Opens

BOSTON ( TheStreet) -- The contraction in eurozone economic activity leads your quick fix of company, market, economic and investing news for Wednesday, Feb. 15.

Wednesday's 5 Biggest Stories

Eurozone GDP fell 0.3% in the fourth quarter after growing only 0.1% in the third quarter. [<a href="" target="blank" rel="nofollow">MarketWatch</a>]

Here we go again: EU finance ministers call off an emergency meeting over Greece's second bailout. [<a href="" target="blank" rel="nofollow">First Post</a>]

Recession? Greek default? Who cares? China is coming to rescue, pledging to invest in Europe's bailout fund. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]

Oh boy. A Goldman Sachs (GS - Get Report) analyst based in Taiwan is being probed for dishing out inside information to hedge funds. [<a href="" target="blank" rel="nofollow">WSJ</a>]

Regulators pull the plug on LightSquared, a nationwide high-speed wireless network backed by hedge fund manager Phil Falcone. [<a href="" target="blank" rel="nofollow">Washington Post</a>]

Company News

The new Yahoo! (YHOO - Get Report) looks a lot like the old Yahoo!, with talks between the company and Alibaba Group falling apart. [<a href="" target="blank" rel="nofollow">Reuters</a>]

Zynga (ZNGA - Get Report) posts a loss in its first quarterly report as a public company and the social gaming company also offers a tepid forecast. [<a href=",0,5751130.story" target="blank" rel="nofollow">LA TImes</a>]

It appears (AMZN - Get Report) doesn't have as many Prime members as previously thought. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]


Here's how Apple (AAPL - Get Report) is clouding the rest of the market, and why analysts are pulling Apple from their broader market forecasts. [<a href="" target="blank" rel="nofollow">WSJ</a>]

Investment Strategy

The best and the worst of the small-cap growth funds. [<a href="" target="blank" rel="nofollow">MarketWatch</a>]

Odds and Ends

Rupert Murdoch's nemesis is a woman who was only 13 years old when she sang at his wedding in 1999. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]

Happy Wednesday. Here's a song by Roxy Music to relax to as we're halfway through this week on our way to a holiday weekend. [<a href="" target="blank" rel="nofollow">YouTube</a>]

-- Written by Robert Holmes in Boston.

>To contact the writer of this article, click here: Robert Holmes.

>To follow Robert Holmes on Twitter, go to

>To submit a news tip, send an email to:
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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