Groupon, Inc. (NASDAQ: GRPN) – For an in-depth report on Groupon, Inc. follow: www.BullTrends.com/stockquote/GRPN
Shares of Groupon, the, closed down 2.34% on Wednesday with over 18 million shares traded. The company is scheduled to deliver its fiscal fourth-quarter results after the close of trading Thursday. Analysts surveyed by FactSet estimate that Groupon will report a profit of 2 cents a share on $720.5 million in revenue. During the same period a year ago, Groupon lost 12 cents a share on sales of $638.2 million. This year’s quarterly results come just a few days shy of the first anniversary of Groupon firing Chief Executive and co-founder Andrew Mason.
Zale Corporation (NYSE: ZLC) – For an in-depth report on Zale Corporation follow: www.BullTrends.com/stockquote/ZLC
Shares of Zale Corporation closed up 40.31% on Wednesday with over 41 million shares traded. The company was one of the biggest gainers on the NYSE after it was announced that Signet Jewelers will be buying Zale for about $900M to help diversify its business. This would create a $6 billion jewelry juggernaut with expansive reach in North America. ZLC also hit a new 52-week high of $20.96 during intra-day treading.
Medbox, Inc. (OTC: MDBX) – For an in-depth report on Medbox, Inc. follow: www.BullTrends.com/stockquote/MDBX
Medbox Inc. closed down 8.56% on Wednesday with about 240,000 shares traded. The stock was one of the biggest decliners in the OTC market. The losses came after a 13 page report from Citron Research accused the company of "MULTIPLE FRAUDS" and a law firm cited the report in announcing an investigation of Medbox. Citron Research says it is in its "13th year of publishing investigative research into suspect publicly traded companies."
SM Energy Company (NYSE: SM) – For an in-depth report on SM Energy Company follow: www.BullTrends.com/stockquote/SM
Shares of SM Energy Company closed down 17.06% on about 9.1 million shares traded on Wednesday. The stock was one of the biggest decliners on the NYSE and was downgraded to "hold" from "buy"" by KeyBlanc. The downgrade is largely due to the company's lower crude production. "Year-end 2013 proved reserve bookings were strong, with total reserves up 46% and PV-10 totaling $5.5 billion, which increased our 1P estimate by $15/share to $51/share," analyst Jack N. Aydin said.
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