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Stock Market & Financial Investment News

News Breaks
November 9, 2012
10:55 EDTGRPNGroupon price target lowered to $2.50 from $3.50 at Ascendiant Capital
Ascendiant Capital said it remains cautious on Groupon following the company's Q3 results and that it finds the current valuation unattractive. The firm lowered its price target for shares to $2.50 from $3.50 and keeps a Sell rating on the name.
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July 16, 2015
15:12 EDTGRPNGroupon acquires OrderUp
Groupon announced the acquisition of OrderUp, an on-demand online and mobile food ordering and delivery marketplace operating in nearly 40 markets across the United States. "Online food ordering and delivery represents an untapped opportunity for Groupon and serves as a natural extension of our local marketplace," said Groupon CEO Eric Lefkofsky. "The potential in delivery and takeout is apparent -- especially with the growth of mobile -- and OrderUpís operational ability, coupled with Grouponís engaged customer and merchant base, bring tremendous scale to the space."
06:31 EDTGRPNBlue Calypso announces favorable 'Markman' rulings at District Court
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