Confirmed: Schultz and Efrusy to Leave Groupon Board; “Accounting Types” Joining

Will a shake-up of the board of the daily deals company help its prospects?
Howard Schultz headshot

Groupon’s Shares Continue Falling to Close at All-Time Low

Shares are now half-off, but no one seems to be buying.
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Groupon Restates Earnings After Seeing a Spike in Holiday Returns

Groupon has revised its results for the fourth quarter due to higher-than-expected return rates. The announcement sent its shares tumbling in after-hours trading.
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2011 Forecast Calls for 76 Million iPhones With Chance of 32 Million iPads

With the hard launch of the CDMA iPhone at Verizon now just three days away, analysts are tweaking their sales forecasts to reflect its impact. The latest to issue an upward revision: Susquehanna’s Jeff Fidacaro, who raised his price target on Apple this morning to reflect strong presale demand for the Verizon iPhone and a significant increase in its production.

VMware Gets a Lift

Shares of VMware are on the rise this morning, spiking seven percent thanks to some decent earnings. On Thursday, the virtualization software firm reported a second-quarter profit of 20 cents a share, topping the 19 cents projected by analysts.
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Apple Notebook Event: "Leopard Is Far Superior to Vista"

At an invitation-only event at Apple’s Cupertino headquarters, Apple CEO Steve Jobs announced the company’s latest revision of its line of notebooks. Before demoing the hardware though, Jobs invites COO Tim Cook on stage to offer an overview of the Mac ecosystem.

Apple Notebook Event: “Leopard Is Far Superior to Vista”

At an invitation-only event at Apple’s Cupertino headquarters, Apple CEO Steve Jobs announced the company’s latest revision of its line of notebooks. Before demoing the hardware though, Jobs invites COO Tim Cook on stage to offer an overview of the Mac ecosystem.