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Stock Market & Financial Investment News

News Breaks
March 12, 2014
05:52 EDTCOUP, SALERetailMeNot lock-up today could pressure shares, says Wunderlich
Wunderlich believes RetailMeNot's (SALE) final lock-up expiration today could bring additional profit taking in the name. The firm thinks any sell-off would provide more attractive entry points for growth investors and views RetailMeNot as a more attractive investment than Coupons.com (COUP). Wunderlich has a Buy rating on RetailMeNot with a $44 price target.
News For SALE;COUP From The Last 14 Days
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August 17, 2015
13:11 EDTSALEAlibaba unlikely to make competing offer for zulily, say Baird
zulily (ZU) shareholder Alibaba (BABA) is unlikely to make a competing takeover bid for the online retailer, Baird analyst Colin Sebastian tells investors in a research note. Alibaba, which upped its stake in zulily to 9% in May, likely views the company as an investment rather than a vehicle to enter the U.S. market, Sebastian argues. This morning, Liberty Interactive (QVCA) announced it had reached an agreement to acquire zulily for $18.75 per share or $2.4B. The analyst sees strategic benefits from the deal. Increased takeover activity in the small-cap internet space could support the valuations of the remaining independents, including ChannelAdvisor (ECOM), Yelp (YELP), Groupon (GRPN), Angie's List (ANGI) and RetailMeNot (SALE), Sebastian writes. Shares of zulily are soaring 47% to $18.50 following the takeover agreement.

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