New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For ARRS;TIVO;GOOG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | all recent news | >>
May 11, 2015
19:05 EDTGOOGFacebook tests in-house search engine, WSJ says
Facebook (FB) is testing a feature within its app that allows users to search for previously-shared links, reports the Wall Street Journal's Digits blog, citing spokesperson statements. "We’re piloting a new way to add a link that’s been shared on Facebook," said a company spokesperson. The Journal notes that the feature could give Facebook an information edge over search engine leader Google (GOOG). Reference Link
11:03 EDTGOOGLionsgate, Google Play partner on 'The Mad Men Experience'
Subscribe for More Information
06:11 EDTGOOGStudy: Jet.com has lower prices than Amazon '94% of the time,' WSJ reports
Subscribe for More Information
May 8, 2015
13:55 EDTGOOGAnalysts say Yelp sale more likely than not
There is a 60% chance that Yelp (YELP) will be acquired for $59-$85 per share, Deutsche Bank wrote in a note to investors today. Meanwhile, research firm Jefferies contended that Google (GOOG) is the company that is most likely to buy Yelp. WHAT'S NEW: There is a 60% chance that Yelp will be acquired for $59-$85 per share, Deutsche analyst Lloyd Walmsley wrote in a note to investors earlier today. If the company is not acquired, the stock will fall 32% from current levels, the analyst predicted. Given its status as a winner in the local Internet sector, its huge user base and its global presence, Yelp should draw a great deal of interest, the analyst believes. Since its user reviews and community are difficult to replicate, the company should receive a premium from an acquirer, added Walmsley, who raised his price target to $56 from $51 and kept a Buy rating on the shares. Google is the most logical acquirer of Yelp, according to Jefferies analyst Brian Pitz, who noted that it had previously tried to buy the company in 2009. Google has been unable to obtain the local reviews that draw consumers to small and medium businesses, according to Pitz. Traditional search engine marketing through Google is too difficult for these businesses, according to the analyst. The biggest hurdle to a takeover of Yelp by Google is the companies' "rocky historic relationship," he believes. The analyst kept a $79 price target and Buy rating on Yelp. WHAT'S NOTABLE: After The Wall Street Journal reported yesterday that Yelp could be sold for more than $3.5B, Piper Jaffray said it thought there was a greater than 50% chance of the company being acquired. The firm said the most logical buyers of Yelp are Google, Facebook (FB) and Apple (AAPL), since all three would benefit from further traction in local ads and would gain technological synergies from acquiring Yelp. PRICE ACTION: In mid-afternoon trading, Yelp advanced 6.5% to $50.
07:38 EDTGOOGJefferies puts Google atop list of potential Yelp buyers
Jefferies laid out potential buyers for Yelp (YELP) after the Wall Street Journal reported that the company hired bankers to explore a sale. A Google (GOOG, GOOGL), Yelp (YELP) combination makes the most sense, the firm believes. It points out Google unsuccessfully tried to buy Yelp for $550M in 2009. Other potential buyers include Facebook (FB), Priceline (PCLN), GrubHub (GRUB) and Yahoo (YHOO), the firm notes. Jefferies views Yelp as a highly valuable asset and keeps a Buy rating on the stock with a $79 price target. Deutsche Bank today pegged the chances of a Yelp buyout at 60% and estimates a takeout price between $59 and $85 per share. The stock closed yesterday up $8.79 to $47.01 following the Journal's report.
06:12 EDTGOOGGoogle integrates food ordering into search results for some restaurants
Google (GOOG) says on Google+, "Whether you’re craving deep dish pizza or pad thai, starting today you can order food from some of your favorite restaurants directly from Google search results. When you search for a nearby restaurant on your phone, you’ll see an option to 'Place an order' in the search results. Just tap that, choose the delivery service and you’ll be taken to their website to complete the order.Initially, you’ll be able to order via six providers in the U.S. -- Seamless, Grubhub (GRUB), Eat24, Delivery.com, BeyondMenu and MyPizza.com -- but we’ll be looking to add more in the future." Reference Link
<< 1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use