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Shocker? Millennials Love Brick-And-Mortar Retailers, New Survey Finds
Sunday, September 24, 2017 - 1:33pm | 374The seemingly non-stop closures or bankruptcies of brick-and-mortar stores would lead some to conclude that the retail sector is in serious trouble. But this doesn't seem to be the case, according to a new study. Millennials still love going to the mall and physical stores, as 71 percent of...
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RetailMeNot Says It Wants To Be The 'One-Stop Shop For Savings' In Most Recent Acquisition Announcement
Friday, April 8, 2016 - 8:26am | 391RetailMeNot Inc (NASDAQ: SALE) announced after Thursday's close it has entered into an agreement to acquire GiftCard Zen, a secondary marketplace for gift cards. RetailMeNot's stock showed no trades early Friday morning. GiftCard Zen's business consists of buying gift cards from, and selling gift...
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RetailMeNot In Spat With Texas Neighbor Mary Kay
Sunday, May 24, 2015 - 3:50pm | 339Online coupon aggregator RetailMeNot Inc (NASDAQ: SALE) is having a spat with its Texas neighbor Mary Kay. Austin-based RetailMeNot says Kay is "attacking free speech" and the rights of Americans to freely exchange publicly available information over the Internet. RetailMeNot closed...
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How Would The Alibaba-Snapchat Deal Impact Both Companies?
Thursday, March 12, 2015 - 2:10pm | 402E-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) is planning to invest $200 million in social messaging app Snapchat, valuing it at $15 billion, according to recent reports. Jag Bath of RetailMeNot.com was on CNBC Thursday to talk about how Alibaba's investment in SnapChat could...
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How Will PayPal's Market Share Be Impacted By Google Wallet And Apple Pay?
Wednesday, February 25, 2015 - 9:42am | 482Google Inc (NASDAQ: GOOGL) recently acquired Softcard, a venture backed by major carriers in the U.S. to support NFC-based mobile payments. With this acquisition Google’s digital payment platform, Google Play, will now be available pre-installed in all the Android devices sold by the major...
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RetailMeNot: Coupons Drive Brand Loyalty & Higher Sales
Monday, August 11, 2014 - 2:09pm | 602RetailMeNot (NASDAQ: SALE) operates the world's largest market place for digital offers. The company recently released a study it conducted with Forrester Consulting. The study examined the impact of digital coupons and promotions within the retail industry. The study concluded that digital...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Market Wrap For May 23: Markets Marginally Higher; S&P 500 Closes Above 1,900
Friday, May 23, 2014 - 4:39pm | 1787U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...
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Morning Market Movers Friday, May 23, 2014
Friday, May 23, 2014 - 10:44am | 388All moves recorded at 10:20 a.m. EST Gainers PRC Therapeutics (NASDAQ: PTCT) - 50 percent Prosensa Holding N.V. (NASDAQ: RNA) - 27 percent Tuniu (NASDAQ: TOUR) - 19 percent Sportman's Warehouse (NASDAQ: SPWH) - 12 percent ZIOPHARM Oncology (NASDAQ: ZIOP) - 10 percent Wave...
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Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
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Market Wrap For May 6: Dow Suffers Triple-Digit Point Loss, Nasdaq Underperforms Once Again
Tuesday, May 6, 2014 - 4:42pm | 2644U.S. stocks declined on Tuesday after the Dow and S&P 500 closed near all time highs. Momentum names such as Twitter, Facebook, Tesla and others saw heavy losses. Not helping the cause was poor earnings by American International Group on Monday which dragged the financial sector lower....
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March Madness' Top Corporate Seeds
Tuesday, March 18, 2014 - 4:14pm | 719As March Madness fires up this week, office managers all over the country will on guard, to catch employees watching NCAA games or checking their brackets instead of doing their jobs. Lost productivity at basketball tournament time could cost companies up to $1.2 billion, according to...
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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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Market Wrap For January 6: Busy Day For Analysts Upgrades and Downgrades
Monday, January 6, 2014 - 5:58pm | 2261Monday's trading session featured a plethora of analyst upgrades and downgrades. With little key economic data released, markets were relatively tame as major indices failing to meaningfully move in any one direction. The Senate appears to be set to officially Janet Yellen to lead the Federal...