The daily deals website's shares fell sharply early Fri. after Evercore Partners cut its rating to underweight, or sell, from equal weight, or hold, and slashed its price target to 3 from 6.50. Shares fell 24% Tue. after Groupon's (GRPN) Q2 results missed views. At least 2 other analysts have downgraded its stock. Shares fell 5% to 4.75.
The government will be comfortable with a stable rupee exchange rate and there was no reason for the currency to be unstable, chief economic adviser Raghuram Rajan said on Thursday. The rupee fell to its ...









