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Stock Market & Financial Investment News

News Breaks
December 24, 2012
07:08 EDTFB, GRPN, ZNGAWeb's down cycle forces start-ups to adjust, WSJ reports
Now that Facebook (FB), Zynga (ZNGA) and Groupon (GRPN) have fizzled in their first year on the stock market, the hype over social, local and mobile has subsided. For many of the still-private Web start-ups that rode the wave up, that now means grappling with the downside of the cycle, reports the Wall Street Journal.Reference Link
News For FB;ZNGA;GRPN From The Last 14 Days
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June 19, 2013
16:12 EDTZNGAZynga acquires social slot maker Spooky Cool Labs
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10:38 EDTFBSamsung likely to reject idea of Facebook phone, Korea Herald says
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08:08 EDTFBMerkel tells Obama: Internet monitoring must have proper limits, Reuters reports
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07:54 EDTFBFacebook says over 1M active advertisers
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June 18, 2013
14:17 EDTFBSamsung may launch smartphone optimized for Facebook, Korea Times says
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09:48 EDTFBFacebook, Samsung meeting sparks mobile plan questions, TechCrunch says
Facebook (FB) CEO Mark Zuckerberg met with Samsung (SSNLF) President Shin Jong Kyun to discuss a potential future for the two companies coming together to increase their revenue from mobile device ad sales, reported TechCrunch. Reference Link
09:08 EDTFBAmazon.com announces social gift giving service
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07:42 EDTZNGAMay U.S. retail video game sales fall 25%, Bloomberg reports
U.S. retail sales of video game hardware, software and accessories tumbled 25% to $386.3M this past May, with overall hardware sales down 31% from last year to $96M, reported Bloomberg citing data from NPD Group. Reference Link
07:42 EDTFBO'Reilly Media to hold a conference
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June 17, 2013
08:25 EDTFBInstagram may receive video on June 20, TechCrunch reports
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07:41 EDTGRPNGroupon seeing early signs of a turnaround, says Morgan Stanley
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07:11 EDTFBApple received nearly 5,000 data requests in six months, Reuters reports
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06:19 EDTFBFacebook to launch news reader at June 20 event, TechCrunch reports
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05:51 EDTGRPNFor Groupon, much more work to do, WSJ reports
Groupon (GRPN) was supposed to be at risk of collapse. Bears growled about its gigantic marketing budget and lack of barriers protecting its business. But then the stock surged 12% Friday after Deutsche Bank (DB) published a report recommending investors buy. Now up almost threefold from its all-time low last November, Groupon has clearly put the biggest fears to rest. Yet, at $7.65, Groupon gets too much credit for a return to peppy growth when it still has much work to do, reports the Wall Street Journal's "Heard on the Street."Reference Link
June 14, 2013
15:23 EDTFBFacebook product launch event coming June 20, ABC says
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12:43 EDTGRPNOn The Fly: Midday Wrap
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12:06 EDTFBFacebook in talks with government to allow FISA disclosuers, AllThignsD says
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10:10 EDTGRPNOn The Fly: Analyst Upgrade Summary
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09:58 EDTGRPNGroupon rallies after Deutsche ups rating to Buy
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09:53 EDTGRPNGroupon rises after upgrade, price target bump, levels to watch
The shares are up over 11.38% to $7.64 in the pre-market following an upgrade by Deutsche Bank to Buy, with a $10 price target, up from $6. The firm cited its belief that the company can grow billings as well as improved sentiment concerning the company. Next resistance based on current price is at $8.16. Support is at $7.48.
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