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Tag: stock

Groupon stock dives 20 percent after poor earnings report

Groupon’s stock took a sharp turn today, falling 20 percent in after hours trading. The daily deals company missed Wall Street estimates in its second quarter earnings.

The stock hit a low of $5.95 a share after Groupon announced $568.3 million in revenue, when Wall Street more…

LinkedIn Is Buying SlideShare For $119 Million

jeff-weinerLinkedIn just announced plans to buy SlideShare for $119 million.

It will be 45% cash and 55% stock. SlideShare allows users to upload documents to the web and have them embedded all over the place. more…

Apple Misses on Earnings, Revenue, iPhone Sales, Stock Tanks

appleThe mixed-bag earnings season continues. Apple reported third-quarter earnings of $7.05 a share, on revenue of $28.3 billion.

Analysts, on average, expected Apple to earn $7.22 a share on revenue of $29.5 billion. more…