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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. MarketWatch

Here we go again: EU finance ministers call off an emergency meeting over Greece's second bailout. First Post

Recession? Greek default? Who cares? China is coming to rescue, pledging to invest in Europe's bailout fund. Bloomberg

Oh boy. A Goldman Sachs (GS - Get Report) analyst based in Taiwan is being probed for dishing out inside information to hedge funds. WSJ

Regulators pull the plug on LightSquared, a nationwide high-speed wireless network backed by hedge fund manager Phil Falcone. Washington Post

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. Reuters

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. LA TImes

It appears (AMZN - Get Report) doesn't have as many Prime members as previously thought. Bloomberg


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. WSJ

Investment Strategy

The best and the worst of the small-cap growth funds. MarketWatch

Odds and Ends

Rupert Murdoch's nemesis is a woman who was only 13 years old when she sang at his wedding in 1999. Bloomberg

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. YouTube

-- Written by Robert Holmes in Boston.

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

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Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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ZNGA $2.79 -2.11%
YHOO $44.13 -0.69%
AAPL $124.25 -0.14%
AMZN $370.26 -0.50%
GS $192.23 2.27%


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