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Groupon Investors Currently Pricing In An 'Unlikely' M&A Scenario
Tuesday, February 23, 2016 - 3:11pm | 242Shares of Groupon Inc (NASDAQ: GRPN) took a breather on Tuesday after more than doubling in value following a strong earnings print and market chatter of pending sell of the company to its minority stakeholder, Alibaba Group Holding Ltd (NYSE: BABA). Aaron Turner of Wedbush commented in a note...
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Source: Don't Jump To Conclusions On Alibaba's Groupon Stake
Tuesday, February 23, 2016 - 2:27pm | 513Groupon Inc (NASDAQ: GRPN) shares were up over 6 percent on Monday, riding the continued wave from Alibaba Group Holding Ltd (NYSE: BABA)'s disclosure of a 5.6 percent stake on February 12, along with strong earnings. The stock is up almost 80 percent over this time, on apparent hopes that...
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Alibaba-Groupon Merger 'Likely,' Says Report
Friday, February 19, 2016 - 1:17pm | 337A new piece on youngchinabiz.com suggests there could be more to Alibaba Group Holding Ltd (NYSE: BABA)’s relatively small 5.6 percent stake in Groupon Inc (NASDAQ: GRPN) than initially meets the eye. According to the story, Alibaba’s stake in Groupon could be a test of the...
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Alibaba's Groupon Stake Is Passive, But Chinese Giant Willing To 'Exchange Experiences' With Chicago-Based Company
Tuesday, February 16, 2016 - 4:05pm | 266Alibaba Group Holding Ltd (NYSE: BABA) shares are up 9 percent on Tuesday, while Groupon Inc (NASDAQ: GRPN) is up 40 percent after the former unveiled a 5.6 percent stake in the company. In an email to Benzinga, an Alibaba spokesman said the company's stake in Groupon is passive in nature,...
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Groupon CEO Explains His Four-Part Strategy
Friday, February 12, 2016 - 5:49pm | 375Shares of Groupon Inc (NASDAQ: GRPN) skyrocketed nearly 30 percent on Friday after the company reported a strong fourth quarter, which included an earnings beat and EBITDA guidance raise. Speaking to Bloomberg TV on Friday, Groupon CEO Rich Williams discussed how the company plans to continue...
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Cisco, Alcatel And Nokia: Who Can Beat Earnings Expectations?
Monday, February 8, 2016 - 10:15am | 669Three networking giants are on deck to share their latest earnings results this week. Analysts expectations for all three are low, based on the consensus forecasts. After this week's reports, views may change on the two companies that are merging. Although many blue chips have already reported on...
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Vetr Top Raters Upgrade Groupon To 4.5-Star Stock
Wednesday, February 3, 2016 - 1:01pm | 133Shares of Groupon Inc (NASDAQ: GRPN) have lost more than 20 percent since the start of 2016 and are lower by nearly 70 percent over the past year. Despite the under-performance, Vetr top raters upgraded Groupon's stock rating to 4.5-stars out of a possible 5-stars. In fact, shares of Groupon have...
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Vetr Top Raters Upgrade Groupon To 4.5 Star Stock
Thursday, January 21, 2016 - 12:45pm | 131Shares of Groupon Inc (NASDAQ: GRPN) have lost nearly 20 percent since the start of 2016 and are lower by more than 65 percent over the top year. Despite the notable losses, the Vetr crowd upgraded Groupon's stock rating to 4.5-stars out of a possible 5-stars. In fact, shares of Groupon have risen...
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2 Analysts Abandoning Groupon… And 1 Still Buying
Wednesday, November 4, 2015 - 11:25am | 1005Shares of Groupon Inc (NASDAQ: GRPN) were trading lower by more than 30 percent shortly after Wednesday's opening bell. Investors and traders fled the stock after the company announced a poor sales outlook. Wall Street's reaction wasn't all doom and gloom as analysts at Brean...
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Brean Capital Cuts Groupon Price Target, But Remains Optimistic
Wednesday, November 4, 2015 - 9:35am | 383Shares of Groupon Inc (NASDAQ: GRPN) gained 5 percent during Tuesday's session but plunged lower by more than 28 percent early Wednesday morning. Groupon's stock was halted shortly after 4:00 p.m. ET Tuesday as the company announced a weak outlook. Tom Forte of Brean Capital...
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Resurgent Detroit: 5 Reasons To Invest In The Motor City
Monday, October 12, 2015 - 2:12pm | 797Benzinga will be moving its headquarters to the heart of Detroit in just a few short weeks, so this will be the last of our monthly series highlighting establishments and exciting things going on in our new home. To read another cool piece in the series about Detroit being green, click here....
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Road Trip Smarter With These Four Essential Planning Tips
Monday, September 28, 2015 - 1:59pm | 996Vacations are supposed to be a source of rejuvenation, relaxation and reprieve from the real world. However, the stress associated with spending a lot and not working to offset those costs can creep into even the most peaceful destination. Luckily, much of this stress can be avoided simply by...
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Brean Reiterates Buy On Groupon, Sees 'International Changes As Another Sign Of Maturity'
Wednesday, September 23, 2015 - 8:05am | 329Shares of Groupon Inc (NASDAQ: GRPN) fell more than 2 percent on Tuesday after the company announced it will restructure its international operations. Tom Forte of Brean Capital reiterated a Buy rating and $8 price target on Groupon following the announcement. Forte noted the announcement...
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Forte: Groupon Needs To 'Accelerate' Its Buybacks
Monday, August 10, 2015 - 8:21am | 267Tom Forte at Brean Capital said that Groupon Inc (NASDAQ: GRPN)'s earnings report offered "a mixed bag, with a little of everything." However, when looking at the company as a whole, Forte found value – revising the 12-month price target to $8 from $11, but reiterating the...
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Groupon, Alibaba, Tesla & Others On Deck: Earnings Season Rolls On
Sunday, May 3, 2015 - 5:58pm | 1142Many of the blue chips and household names have already reported their first-quarter results, but earnings season continues this week. Highlights on the earnings front will include Comcast Corporation (NASDAQ: CMCSA) and Groupon Inc (NASDAQ: GRPN). Wall Street forecasts call for earnings growth...