Tag Archives: Wreck
Is Groupon a financial train wreck waiting to happen?
Ever since Groupon turned down a $ 6-billion takeover offer from Google earlier this year, the markets have been eagerly awaiting an IPO filing from the group-buying sensation, one of the fastest-growing companies in recent memory. But not everyone liked … Continue reading
AOL Earnings Train Wreck Driven By Bebo and Ad Revenue Shortfall
After warning analysts that its financial results for the latest quarter would be disappointing, AOL couldn’t even manage to hit those lowered expectations, thanks in part to a $ 1.4 billion writedown on assets — primarily Bebo, the European social … Continue reading