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Stock Market & Financial Investment News

News Breaks
December 7, 2012
14:54 EDTGRPNGroupon break out sharply above its 10-day moving average, levels to watch
The shares are up over 21% at time of writing, trading well above the 10-day moving average, last at $4.10. A the current price of $4.62, next resistance is at $4.75 and then at $4.86. Support is at $4.59, a pivot high.
News For GRPN From The Last 14 Days
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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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July 14, 2015
06:33 EDTGRPNBlue Calypso completes hearing in case against Groupon and Yelp
Blue Calypso (BCYP) announced that on July 8, it completed its Claim Construction Hearing, or "Markman hearing" for its patent infringement lawsuits against Groupon (GRPN), Foursquare, Yelp (YELP) and IZEA in the Eastern District Court of Texas. Judge Rodney Gilstrap presided. As is typical in Markman hearings, no ruling was issued from the bench. It is anticipated that the District Court's ruling will be announced in the next several weeks. The PTAB review which successfully concluded in December required a similar process of defining the terms of the patents. While the District Court has the ability to take reference from the PTABs construction, they are not required to adopt the PTAB's definition.

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