Independent voices from the TWT Communities
In a story Aug. 14 about Groupon Inc., The Associated Press reported erroneously that Clayton Moran is an analyst with Benchmark Capital. Moran is an analyst with The Benchmark Co., an unrelated company.
Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.
Groupon's stock is about 26 percent cheaper, but that doesn't make it a bargain.
Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.
Groupon Inc.'s shares soared in trading Monday ahead of the online deals company's first-quarter financial report, which comes out after the market closes.
Faltering Internet icon AOL was able to squeeze out more than $1 billion from Microsoft for a trove of some 800 patents in an auction, the latest sign of just how valuable such portfolios can be for the world's biggest technology companies.
What was supposed to be a celebration of the most prosperous quarter in Google's 13-year history instead turned into a major letdown.
Yahoo keeps losing ground in the fast-moving Internet market, increasing the pressure on the struggling company to abandon its perpetual turnaround attempts and negotiate a sale with one of several prospective bidders.
Google Inc.'s third-quarter earnings demonstrated that the Internet search leader is capable of surpassing investors' short-term expectations while still investing heavily in long-range projects.
"It appears the daily deal business has run into a wall," wrote Clayton Moran, an analyst with The Benchmark Co., in a research note. "From what we can tell, the bears were right."
"It appears the daily deal business has run into a wall," wrote Clayton Moran, an analyst with Benchmark Co., in a research note. "From what we can tell, the bears were right."
