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Stock Market & Financial Investment News

News Breaks
May 15, 2012
12:50 EDTGRPNGroupon's positive Q1 cash flow aided by unpaid accounts payable, BI says
Groupon (GRPN) had positive cashflow in Q1 largely because it has $46M in unpaid accounts payable to merchants and another $13.4M in unpaid bills to support vendors and that positive cashflow can only continue if the company's revenues keep rising, according to Business Insider. Reference Link
News For GRPN From The Last 14 Days
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December 17, 2014
13:03 EDTGRPNGroupon jumps 5% after positive mention by Leon Cooperman
Shares of Groupon are trading higher after Leon Cooperman of Omega Advisors said on CNBC that his firm believes shares are worth 40%-50% more than current trading levels. Cooperman added that the provider of coupons is not a large holding for Omega. Groupon shares are up 5%, or 32c, to $7.15 in afternoon trading.
12:59 EDTGRPNCooperman says Groupon not a big position for Omega
12:59 EDTGRPNCooperman says Groupon worth 40%-50% more than current levels
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12:58 EDTGRPNCooperman talks about new position in Groupon
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