Releases Market Updates on EBAY, DLPM, GRNH, and RL

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02/06/2014 [ACCESSWIRE]

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eBay Inc. (NASDAQ: EBAY) shares closed up 1.15 percent on about 16.7 million shares traded on Wednesday. The stock was one of the biggest movers on the NASDAQ. Late last month the company reported revenue for the fourth quarter ended December 31, 2013, increased 13% to $4.5 billion, compared to the same period of 2012. The company reported fourth quarter net income on a GAAP basis of $850 million, or $0.65 per diluted share, and non-GAAP net income of $1.1 billion, or $0.81 per diluted share.

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Development Capital Group, Inc. (OTCBB: DLPM) shares closed up 21.67 percent on Wednesday with over 265,000 shares traded. The stock had one of the biggest gains in the OTCBB market. On January 30th, the company announced that it is now offering public access to its private beta version of the RealtyValuator (RV) app. This app is the Company's first in-house developed application for analyzing foreclosure auctions. RV uses 'big data' to offer users insights into real estate auctions and calculations of rental rates and valuations. This data assists prospective real estate investors in evaluating their potential return rates before they invest in residential units.

Get more information on Development Capital Group, Inc. and free access to the in-depth equity report at:       

GreenGro Technologies, Inc. (OTC: GRNH) shares closed down 4.18 percent on Wednesday with about 9.4 million shares traded. The stock was one of the most active stocks in the OTC market. The company announced earlier this week that it has finalized the core management team of BP Gardens, its ambitious agriculture sciences project spanning two locations in prime California real estate. A key component of the projects includes cutting edge aquaponics production for commercial sales of fruit, vegetables and fish, with additional features soon to be announced.

Get more information on GreenGro Technologies, Inc. and free access to the in-depth equity report at:                                                                 

Ralph Lauren Corporation (NYSE: RL) shares closed down 3.55 percent with nearly 11.5 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new 52-week low of $146.00 during intra-day trading. This is despite the fact that the company posted third-quarter earnings that beat analysts' expectations. The company reported earnings of $237 million, or $2.57 a share, in the holiday period that ended on Dec. 28, up from $216 million, or $2.31 a share, in the same period a year earlier. Revenue, excluding the results from the company's licensing business, increased 9.7% to $1.97 billion; with the licensing revenue, revenue totaled $2.02 billion.

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