eBay’s StubHub Takes Flack and 3 Hot Stocks to Track
Major league baseball teams are unhappy about the low prices on eBay (NASDAQ:EBAY) property StubHub, where match tickets can be transacted between buyers and sellers. Ticketmaster (NYSE:LYV) is reportedly in a race to upseat StubHub in an upcoming contract renewal.
A huge price differential between North American gas prices and Asian LNG prices is leading to the prospect of exports from the US. Shares of Cheniere Energy (AMEX:LNG) are trading higher on reports that Tokyo Electric may purchase LNG as Japan attempts to reduce dependence on nuclear power.
Velti (NASDAQ:VELT), a provider of mobile marketing and advertising technology for brands, advertising agencies, mobile operators, and media groups, announces that it has struck a $ 27 million, two-year deal that will see it run a mobile ad campaign for an unnamed but important US brand.
Financial software specialist Intuit (NASDAQ:INTU) stands by its outlook for FQ1 and FY 13 at its investor meet. Apparently, cloud and mobile initiatives have ramped up the outlook for its Small Business Group, and the company is now in a position makes that revenues will grow 10 to 12 percent through the fiscal year.
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