Kolkata, West Bengal -- (SBWIRE) -- 09/09/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Groupon Inc (NASDAQ:GRPN), AMR Corporation(PINK:AAMRQ), National Bank of Greece (ADR)(NYSE:NBG).
Groupon Inc (NASDAQ:GRPN) stock increased 1.03% to $10.77. The company on Sept. 4 announces a concert deal of epic proportions: A trip to Los Angeles to meet legendary, nine-time Grammy® Award-winning recording artist Sheryl Crow. The Groupon deal includes airfare for two to Los Angeles, hotel accommodations, dinner for two, private round-trip transportation between LAX and the hotel and between the hotel and the concert venue, two tickets to Sheryl Crow's Free and Easy Tour at The Greek Theater and two copies of Sheryl Crow's latest album, FEELS LIKE HOME, which is available everywhere on Sept. 10.
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Additionally, the company on August 14 announced the addition of credit card terminals to the company's existing payments suite for local businesses. With the inclusion of terminals, Groupon extends its popular payments service to the most common way that local businesses accept credit cards and makes an affordable and sophisticated payments solution available to nearly every merchant - regardless of the size of their business or budget.
AMR Corporation(PINK:AAMRQ) shares decreased 3.82% to $3.27. A U.S. bankruptcy judge on August 29 hinted he would approve AMR Corp's bankruptcy exit plan despite the government's challenge to its main component: AMR's planned megamerger with US Airways Group Inc (LCC). At a hearing at U.S. Bankruptcy Court in Manhattan, Judge Sean Lane held off on confirming the plan for American Airlines' bankrupt parent, but said he found "arguments in favor of confirmation to be fairly persuasive."
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Additionally, the company on August 12 reported July 2013 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation. July's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.0 percent versus last year, to an all-time record high for any month of 14.61 cents/ASM.
National Bank of Greece (ADR)(NYSE:NBG) shares gained 1.52% to $4. The company on August 29 said that a strong performance by its Turkish subsidiary helped boost first-half profits to 344 million euros ($455 million), after deep losses a year ago. The company said its Turkish Finansbank unit recorded a 30% increase in first-half profits to 332 million euros.
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The bank also said its overall provisions for bad loans fell from 1.2 billion euros a year ago to 853 million in January-June. In the first half of 2012, NBG recorded losses of 1.9 billion euros.
Additionally, the company on June 14 said it had raised enough money from private investors in a share offering to ensure it avoids state control. NBG is the second major Greek lender to successfully recapitalise without falling under the full control of the Hellenic Financial Stability Fund (HFSF), a vehicle to rescue Greek banks under an EU/IMF bailout plan.
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