Overstock FOLLOWING Amazon’s Lead and 2 Morning Hot Stocks Turning Heads
Zynga’s (NASDAQ:ZNGA) thrust into real-money gaming, proposed in 1H13, and its moves to get online gambling legalized within the U.S., may be overseen by recently hired Maytal Ginzburg. Designated COO for new markets, Ginzburg was previously at real-money gaming site 888.com with responsibility for regulated markets as an SVP.
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The merger between US Airways (NYSE:LCC) and AMR (AAMRQ.PK) may yet see the light of day as the two companies announce a non-disclosure agreement.
After Amazon agreed to collect sales tax on on-line sales, other Internet businesses such as Overstock.com (NASDAQ:OSTK) and Blue Nile (NASDAQ:NILE) may soon have to follow – Californian tax collectors are making a determined drive to boost collections by hiring auditors and lawyers to get other portals to fall in line.