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Stock Market & Financial Investment News

News Breaks
June 27, 2014
13:10 EDTYELPYelp metrics being misinterpreted by bears, says MKM Partners
Following a short report on Yelp from a boutique research firm, MKM Partners said it believes that the company's metrics are being misinterpreted and that claims of limited total addressable market and high attrition are "absurd." MKM notes that Yelp is often mentioned as a potential M&A target, but that the firm likes the stock more due to its TAM expansion opportunity. MKM keeps its Buy rating and $86 price target on the stock, which it said could "be a $265 stock in 2019."
News For YELP From The Last 14 Days
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January 27, 2015
15:13 EDTYELPYelp February weekly volatility elevated at 91 into Q4
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10:00 EDTYELPOn the Fly: Analyst Upgrade Summary
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05:32 EDTYELPYelp upgraded to Outperform from Market Perform at Raymond James
January 22, 2015
06:32 EDTYELPBlue Calypso files motion to lift stay in patent infringement cases and appeal
Blue Calypso (BCYP) announced that it has filed a motion in the Eastern District of Texas to lift the negotiated stay on the pending patent infringement litigation between the Company and Groupon (GRPN), Yelp (YELP), Foursquare and IZEA.PK. The Company has also filed notices of appeal at the Federal Circuit Court of Appeals in each of the Covered Business Method Review cases at the Patent Trial and Appeals Board. On January 14, 2014, the parties agreed to stay the litigation in the Eastern District pending the decisions from the PTAB as to validity of the patents. As a part of agreeing to join the stay, the parties jointly agreed to ask the Court to lift the stay and for an expedited litigation schedule if any of the asserted claims were held valid by the PTAB. The PTAB now has confirmed the validity of twenty-eight claims and Blue Calypso, through its counsel, has asked the Court to lift the stay according to the agreement. The defendants refused to participate in the motion to lift the stay as previously agreed, and have instead asked the Court to leave the stay in place in a separate motion.
January 15, 2015
10:00 EDTYELPOn The Fly: Analyst Upgrade Summary
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08:06 EDTYELPYelp upgraded to Hold from Sell at Evercore ISI
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06:15 EDTYELPYelp upgraded to Hold from Sell at Evercore ISI
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