Tiger Global Takes a Chunk of Groupon
courtesy of Groupon Inc.An SEC filing shows that Tiger Global has taken a 65 million share position (9.9%) in Groupon Inc. (NASDAQ: GRPN). That certainly will press its shares higher, at least temporarily.…
courtesy of Groupon Inc.An SEC filing shows that Tiger Global has taken a 65 million share position (9.9%) in Groupon Inc. (NASDAQ: GRPN). That certainly will press its shares higher, at least temporarily.…
courtesy of Hostess Brands Inc.Twinkies Hoarders Disappointed Some Americans hoarded all the Hostess Twinkies they could find once the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the…
thinkstockNew York State will sue Credit Suisse Group (NYSE: CS) over false statements about mortgage-backed securities. (Reuters) France loses its Moody’s Aaa rating. (Reuters) The ITC will go over a judge’s decision…
courtesy of AOLAs a Justice Department investigation of Deepwater Horizon continues, BP PLC (NYSE: BP) may pay a record fine for the results of the disaster. (Reuters) Qatar says it would back…
U.S. equity markets opened higher this morning on a day when most government offices and banks are closed in observance of Veteran’s Day. Asian markets were muddled this morning as reports came…
ThinkstockThe short interest in the actively traded cult stocks and in some of the active low-priced shares is often volatile. We tracked some rather large moves up and down in this group…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Alcatel-Lucent S.A. (NYSE: ALU) maintained Underperform at BofA/ML and maintained Hold at Argus,…
Courtesy of The Washington Post CompanyGroupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and…
U.S. equity markets opened lower this morning, but climbed out of their hole early with a boost from the strong showing on consumer sentiment. In Asia, China posted retail sales and industrial…
ThinkstockThe stock market is up Friday, with the Dow Jones Industrial Average up 0.40%, the Nasdaq up 0.81% and the S&P 500 up 0.65%. All of today’s winners and losers had stock prices move…
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. ADT Corp. (NYSE: ADT) added to the U.S. Focus List at Credit Suisse.…
ThinkstockCarl Icahn is still around, in his seventies and several decades into his place as a famous takeover artist, although he sometimes just scares companies into distributing cash or cutting costs. He…
courtesy of AOLFormer Best Buy Co. Inc. (NYSE: BBY) chairman Richard Schulze will bid for the company, but at a level less than the $8 billion expected. (Reuters) China posts a 9.6%…
ThinkstockWe are tracking many key movers in the after-hours trading this Thursday. Most are earnings but some are not. Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) is up over 7% at $13.20 on about…
ThinkstockGroupon Inc. (NASDAQ: GRPN) reported third-quarter 2012 earnings after markets closed today. For the quarter, the daily deals company posted diluted earnings per share (EPS) of zero on revenues of $568.55 million.…