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Stock Market & Financial Investment News

News Breaks
April 3, 2014
06:36 EDTYELPYelp receives subpoenas monthly over users, WSJ reports
Yelp said it receives about six subpoenas monthly, many relating to private litigation brought by business owners over reviews, Wall Street Journal reported last night, citing a company spokeswoman. Some subpoenas seek the names of anonymous users who have posted reviews on the site, the article adds. Shares of Yelp declined 6% yesterday after The Fly reported the Federal Trade Commission received 2,046 complaints about the online review site from 2008 through March 4 of this year. Reference Link
News For YELP From The Last 14 Days
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April 17, 2015
08:06 EDTYELPRecent developments positive for Yelp, says Wunderlich
Wunderlich says recent developments on the legal and regulatory fronts as well as enhanced search capabilities should be positive for Yelp's (YELP) outlook. The firm believes the European Commission's charges against Google (GOOG) should help Yelp's traffic overseas. It also views the Supreme Court of Virginia's decision yesterday to protect users' rights to free speech and anonymity online as positive for Yelp's reviewers and community. Further, it points out Yelp introduced a new search tool for restaurant reservations and takeout/delivery food, which it thinks will help the user experience and potential ad targeting. Wunderlich keeps a Buy rating on Yelp with a $90 price target.
April 16, 2015
13:45 EDTYELPVirginia court says Yelp does not need to disclose reviewer identity, WSJ says
Virginia's highest court ruled that Yelp does not need to reveal the identity of reviewers that were accused by a small business owner of posting fraudulent negative reviews about his business, says the Wall Street Journal. Reference Link
April 14, 2015
11:16 EDTYELPCredit Suisse's top Internet picks
Credit Suisse's top large-cap Internet picks remain Amazon.com (AMZN) for operating margin expansion and normalizing International growth, Facebook (FB) for underestimated long-term monitization potential from growing new products, and Google (GOOGL) for a slowdown in capex and narrowing of the mobile-desktop monetization gap. The firm's top small-cap picks are LinkedIn (LNKD) for the ramp of Sales Navigator and acceleration of Marketing Solutions and Yelp (YELP) because of reduced churn and increasing mobile traffic growth and ARPU.
April 9, 2015
15:08 EDTYELPYelp May volatility elevated at 61 into Q4 and outlook
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