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Stock Market & Financial Investment News

News Breaks
January 6, 2014
09:11 EDTOSTKOverstock.com to appeal ruling in California comparison advertising case
Overstock.com announced it will appeal the tentative ruling of a California trial court which prohibits the company from comparison price advertising unless done in conformity with new court-mandated practices which diverge widely from industry standards. President Stormy Simon said, "Respectfully, I believe this ruling is unjust... I am aware of the lengths we have gone to get this right on the millions of products that flow through our website. We will follow the ruling, while noting that the effects on our current practices will be small because, as we are the gold standard, we are already fanatic about getting this right. However, if fairly enforced, this ruling will force other retailers to change their processes dramatically (which makes one wonder why we are the ones who were targeted)."
News For OSTK From The Last 14 Days
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April 24, 2014
09:04 EDTOSTKOverstock.com reaches agreements to purchase land in Salt Lake City
Both agreements are non-binding and subject to our due diligence and final negotiation of terms.
09:03 EDTOSTKOverstock.com reports Q1 EPS 16c, consensus 25c
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April 10, 2014
09:05 EDTOSTKOverstock.com names Jonathan Johnson Chairman of the Board
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