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Weekly Highlights: Apple-Tesla Merger, iPhone Sales Double In Russia, Facebook Buys WhatsApp And More
Sunday, February 23, 2014 - 10:09am | 154This was quite a week in technology. It started with unbelievable rumors surrounding Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL), and concluded with an announcement involving Facebook (NASDAQ: FB) and a multi-billion-dollar acquisition. Rumors of a new Apple TV also resurfaced. Spotfiy could...
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Market Wrap For February 21: Markets End The Week On A Negative Note
Friday, February 21, 2014 - 5:48pm | 2876U.S. stocks finished the week slightly lower as investors gave today's poor housing data a slack, and blame it on the weather. “Investors are willing to cut the market some slack because of the weather; I'm keeping my fingers crossed that the economy heats up as the weather warms up,” Jack...
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Top Trending Tickers On StockTwits For February 21
Friday, February 21, 2014 - 12:43pm | 1097Here's a look at the top tickers trending on StockTwits.com Groupon: Margins under pressure, investors not impressed Last night, Groupon (NASDAQ: GRPN) reported its fourth quarter results. The company announced an EPS of $0.04, beating the consensus estimate of $0.02. Revenue of $768.4...
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#PreMarket Primer: Friday, February 21: Another Truce Reached In Ukraine
Friday, February 21, 2014 - 8:24am | 1113After a triple-digit intraday high, major indices retreated slightly but still ended the day with impressive gains. The Dow gained about 92 points to close at 16,133.23. The S&P was up 0.6 percent, or about 11 points to close at 1,839.78, and the NASDAQ was up 0.7 percent to 4,267.55....
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Groupon's Positive Q4 Results Fail To Reignite Investor Interest
Thursday, February 20, 2014 - 6:08pm | 708Groupon (NASDAQ: GRPN) has failed to overcome its troubles of the previous quarter. While the daily deals giant reported a positive EPS during the third quarter, the stock fell more than 11 percent after Groupon announced its Q4 guidance. At the time Groupon expected to report a fourth quarter...
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Earnings Expectations For The Week Of February 17: Coca-Cola, Hewlett-Packard, Wal-Mart & More
Tuesday, February 18, 2014 - 7:36am | 914The earnings season is winding down, but on the docket this week are Coca-Cola (NYSE: KO), Groupon (NASDAQ: GRPN), Hewlett-Packard (NYSE: HPQ), MGM Resorts (NYSE: MGM), Tesla Motors (NASDAQ: TSLA) and others. Later in the week, the parade of quarterly reports from big retailers kicks off with...
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Big Moves In Social Media Short Interest (EBAY, FB, GOOG)
Wednesday, February 12, 2014 - 4:48pm | 814Late January saw sizable retreats by short sellers in several social media companies based in the United States, including Facebook (NASDAQ: FB) and Google (NASDAQ: GOOG). However, eBay (NASDAQ: EBAY) bucked that trend. The number of shares sold short in Groupon, Pandora Media, Yelp and Zynga...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Groupon's Product Chief To Leave the Company; Shares Tumble 8%
Tuesday, February 11, 2014 - 1:08pm | 452Groupon (NASDAQ: GRPN) on Monday announced that its product chief Jeffrey Holden is leaving the company to pursue opportunities at a non-competing company. Holden joined Groupon after his startup company, Pelago, was acquired in 2011. Holden's prior experience includes nearly 10 years at...
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Market Wrap For January 28: Markets Snap Losing Streak, Apple Tumbles
Tuesday, January 28, 2014 - 5:42pm | 2932U.S. stocks reversed its multi-day losing streak as investors found enough positives in Tuesday's earnings to end the Dow's five day losing streak. The FOMC began its first day of a two-day meeting. The Wall Street Journal's Jon Hilsenrath believes that the central bank will reduce...
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LinkedIn, Twitter On New Year Short Interest Surge (LNKD, TWTR, YELP)
Tuesday, January 28, 2014 - 4:42pm | 910Among the social media companies based in the United States, short sellers were particularly attracted to LinkedIn (NYSE: LNKD), Twitter (NYSE: TWTR) and Yelp (NYSE: YELP) as 2014 got under way. The number of shares sold short in Angie's List, Facebook, Shutterfly and Zynga also increased...
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8 Ways to Build A Company That Google Will Acquire
Monday, January 27, 2014 - 3:53pm | 95Everyone is looking for the big exit. Entrepreneurs, investors, company employees with stock options -- they all want the same thing. Google (NASDAQ: GOOG) has provided some very big exits for a number of startups, including YouTube, Waze and Nest Labs. The search engine giant could provide an...
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Weekly Highlights: Tesla's Cheap Car, Apple Pays Settlement And More
Monday, January 20, 2014 - 11:11am | 173January may not be the most exciting month of the year, but there were some headline-grabbing stories during the third week of the month. Tesla (NASDAQ: TSLA), for example, gained the attention of investors and consumers alike after the company reiterated its plans to release a lower-cost vehicle...
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Groupon's Ideeli Acquisition Could Spell Trouble for Overstock, Others
Tuesday, January 14, 2014 - 5:47pm | 529Groupon (NASDAQ: GRPN) announced this week it had acquired Ideeli, an online flash fashion retailer. The daily deals site paid $43 million for the company. That may be a bit more than some of its earlier acquisitions, but is considerably cheaper than the $260 million that Groupon paid for...
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Market Wrap For January 13: Markets Showing Weakness Ahead Of Major Earning Releases
Monday, January 13, 2014 - 5:52pm | 2370Investors and traders were in clear selling mode today ahead of a very busy week of earnings. The Dow suffered a triple digit point loss while the S&P 500 and Nasdaq suffered losses of more than one percent. There were no key economic data releases today. Related: Earnings Expectations For...