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Stock Update: American Airlines Group Inc (NASDAQ:AAL); Groupon Inc (NASDAQ:GRPN); The Rubicon Project Inc (NYSE:RUBI)

Posted in Business7 months ago • Written by Robert JohnsonNo Comments

Dallas, Texas, 10/03/2014 (ustrademedia) – On 2nd October American Airlines Group Inc (NASDAQ:AAL) reached out to U.S. Transportation Department seeking rights to fly between Tokyo and U.S cities. This route is currently being operated by its competitor Delta Air Lines, Inc. (NYSE:DAL). The larger airline has tried to make the case that the smaller carrier is failing to maximise the full potential offered by this prime flying route which connects American cities to Japanese capital. It claims that the current route being run by its competitor between Seattle and Haneda is nearly dormant.  To sway the regulators towards its offer, American Airlines Group Inc (NASDAQ:AAL) has committed to flying “year-round” operations to connect Haneda and Los Angeles.

Groupon Inc (NASDAQ:GRPN) announced on 2nd October that it has launched a new app called Snap, which will pay people cash in lieu of purchases of “grocery and consumer-packaged goods” made by using its new app. The offer is currently limited to supermarkets across U.S and Canada. The firm announced that starting 2nd October, users of both Android and iOS could earn cash if they buy any of the featured products on Groupon Inc (NASDAQ:GRPN) and produce the snap of the receipt as proof. The offer is part of its new app launch campaign and would be open till 11th November this year.

Real-time trading platform operator The Rubicon Project Inc (NYSE:RUBI) announced that it has launched a new Ad engine. The new feature will be an addition to its current Seller Cloud platform which allows paying publishers to create from scratch individual trading operations. Further the Seller Cloud platform allows users to manage and better utilize strengths to increase revenue generation across all their sales channels.  The platform is designed to help sellers expand their reach and offer direct sales campaigns by leveraging their Real-Time Bidding (RTB) protocol.

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