Groupon (GRPN) Misses Q2 EPS by 1c; Guides Q3 EPS Below Expectations

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Brean Capital Cuts Price Target on Groupon (GRPN) Following 2Q Miss

August 10, 2015 7:17 AM EDT

Brean Capital maintained a Buy rating on Groupon, Inc. (NASDAQ: GRPN), and cut the price target to $8.00 (from $11.00), following 2Q results. Total sales of $738.1MM were lower than the consensus estimate of $740.3MM and compared against managements guidance of $700MM-$750MM. Adjusted EBITDA was $61.1MM,... More

Stock futures lower ahead of July jobs data

August 7, 2015 7:22 AM EDT

By Tanya Agrawal

(Reuters) - Stock index futures were slightly lower on Friday ahead of the July payrolls report, a key data point that could feed into the U.S. Federal Reserve's decision on when to increase rates.

The number of U.S. jobs is expected to have risen by 223,00 in July, on par with June, providing further... More