Amazon.com Inc (NASDAQ: AMZN) declined 0.58% to $243.77. Blake Krikorian has quit the board of Amazon.com Inc after working for about a year and a half. Krikorian is known for co-founding Sling Media in 2004 and alsoknown Silicon Valley entrepreneur and investor.The Company serves consumers through its retail Websites and focuses on selection, price, and convenience.
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VeriFone Systems Inc(NYSE: PAY) augmented 0.8% to $28.93. Standard & Poor's Ratings Services revised its rating outlook on VeriFone Systems Incto positive from stable. The agency affirmed ratings on the company, including the 'BB-' corporate credit rating.
The Company announced an alliance with China Mobile and Bank of China to deploy VeriFone's managed services solutions for NFC payment and mobile marketing in Shen Yang, China.
Zynga Inc(NASDAQ: ZNGA)surged up 0.43% to $2.34. The Company has shut down 11 of its social networking games as part of the cost-cutting program it announced in November. The Company will now focus its resources on its more popular games.
Groupon Inc(NASDAQ: GRPN)soared 0.42% to $4.80.Robbins Umeda LLP is investigating whether officers and directors of Groupon breached their fiduciary duties to shareholders by concealing the fact that the company's business was not growing to the extent represented publically. The Company offers online retail services. The Company provides daily deal on the stuff to do, eat, see and buy in more than 500 markets in 44 countries.
Sirius XM Radio Inc(NASDAQ: SIRI) is currently trading at $2.89 on a traded volume of 127k shares.The Company has appointed James E. Meyer as Chief Executive Officer on an interim basis, effective immediately. Mr. Meyer, SiriusXM's President of Sales and Operations, succeeds Mel Karmazin, who, as previously announced, informed the Board of Directors that he will not be renewing his current employment agreement. The Company broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems.
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