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Stock Market & Financial Investment News

News Breaks
January 22, 2014
08:47 EDTSNE, BBRY, BA, VZ, TMUS, DISH, AMZN, BAC, C, JPM, MCD, FB, AAPLOn the Fly: Periodicals Wrap
WSJ: Appeals court temporarily blocks Apple (AAPL) e-books monitor...Facebook's (FB) loss of teens not considered a crisis...REUTERS: McDonald's (MCD) says cooperated with French tax inspectors...BLOOMBERG: Bitcoin's lower cost payments may force bank changes (JPM, C, BAC), Bloomberg reports...OTHER NEWS: Amazon (AMZN) denies report that it's planning online pay-TV service, USA Today reports...DISH (DISH) urged by lenders to buy LightSquared, NY Post reports...T-Mobile (TMUS) undercuts weakened Verizon (VZ) stock price, NY Post reports...Boeing (BA) sales boosted by leasing firms in China, FT reports...BlackBerry (BBRY): We're not using flawed encryption algorithm, Globe and Mail reports...Sony (SNE) increases new orders to touch panel makers, DigiTimes reports.
News For AAPL;FB;MCD;JPM;C;BAC;AMZN;DISH;TMUS;VZ;BA;BBRY;SNE From The Last 14 Days
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October 7, 2014
08:46 EDTAAPLFireEye announces targeted attack protection for Apple platform
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08:28 EDTCCitigroup October volatility increases into Q3 and revenue outlook
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08:15 EDTAAPLApple leaks point to iPad Air 2 with Touch ID, gold color, Michael Report says
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08:08 EDTAMZNSplunk, AWS to integrate Hunk on Amazon Elastic MapReduce
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08:04 EDTSNEAVG Technologies, Sony Mobile announce mobile security partnership
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08:01 EDTBABoeing says cannot plan for 'armageddon' of Ex-Im bank closure, Bloomberg says
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07:29 EDTJPMJPMorgan Chase volatility increases into Q3 and guidance
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07:28 EDTJPM, BAC, CWells Fargo ups price target ranges for capital markets banks
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07:05 EDTAMZNAmazon.com expands seller holiday deals program worldwide
Amazon announced that for the first time, top deals from sellers on Amazon will be featured on holiday deal pages worldwide. The holiday deals from sellers will now appear on the Amazon Today’s Deals page, Black Friday Store, Cyber Monday Store and many other high customer traffic site features. Participating sellers will be offering thousands of deals throughout the holiday season across most product categories. The seller holiday deals program, introduced for the first time last year, is now expanding to be available worldwide on local Amazon sites in the U.S., the EU, China, Japan, India and Canada.
06:51 EDTC, BAC, JPMJustice Department set to attack more large banks by year end, NY Times says
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06:49 EDTBAC, JPM, CBNP seeks assistance from banks as ban approaches, Reuters says
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06:43 EDTFBGM using Facebook, calls to reach out and get recalled cars fixed, AP reports
General Motors (GM) is using Facebook (FB) messages and phone calls to reach out to vehicle owners who have yet to bring in their cars the company has recalled, reports the Associated Press. CEO Mary Barra has also sent a personal letter urging people to get the switches replaced. Reference Link
06:41 EDTSNESony's internet TV service could cost up to $80 per month, NY Post reports
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06:19 EDTMCDMcDonald's Japan now sees FY loss of Y17B
McDonald's Japan is forecasting a loss for the full year of Y17B vs. its previous guidance for a Y6B profit, the Financial Times reports. The company, which is 50% owned by McDonald's, sees food supplier problems impacting sales by Y45B.
06:14 EDTAAPLSamsung may find difficulty competing with TSMC for Apple chips, DigiTimes says
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06:14 EDTAMZNEC probes transfer pricing arrangements on taxation of Amazon in Luxembourg
The European Commission has opened an in-depth investigation to examine whether the decision by Luxembourg's tax authorities with regard to the corporate income tax to be paid by Amazon in Luxembourg comply with the EU rules on state aid. The opening of an in-depth investigation gives interested third parties and the Member States concerned an opportunity to submit comments. It does not prejudge the outcome of the investigation. The tax ruling in favor of Amazon under investigation dates back to 2003 and is still in force. It applies to Amazon's subsidiary Amazon EU Sarl, which is based in Luxembourg and records most of Amazon's European profits. Based on a methodology set by the tax ruling, Amazon EU Sarl pays a tax deductible royalty to a limited liability partnership established in Luxembourg but which is not subject to corporate taxation in Luxembourg. As a result, most European profits of Amazon are recorded in Luxembourg but are not taxed in Luxembourg. At this stage the Commission considers that the amount of this royalty, which lowers the taxable profits of Amazon EU Sarl each year, might not be in line with market conditions. The Commission has concerns that the ruling could underestimate the taxable profits of Amazon EU Sarl, and thereby grant an economic advantage to Amazon by allowing the group to pay less tax than other companies whose profits are allocated in line with market terms. The Commission will now continue investigating to determine whether its concerns are confirmed. Luxembourg did not fully comply with the Commission's request for information as part of its information gathering exercise in relation to tax ruling practices in some Member States but only provided a limited sample. In June the Commission therefore initiated infringement proceedings against Luxembourg by issuing letters of formal notice. Although the Luxembourgish authorities have still not fully complied with the Commission's information request, in August Luxembourg did provide information on a number of cases requested by the Commission, including Amazon. Reference Link
06:11 EDTAAPLApple adjusts supply ratio for iPhone 6 and iPhone 6 Plus, DigiTimes reports
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06:09 EDTAAPLApple 12-inch tablet may integrate both Mac OS and iOS, DigiTimes reports
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06:06 EDTAAPLApple reinstated with a Buy at BofA/Merrill
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05:29 EDTBABoeing forecasts world air cargo traffic to double in next 20 years
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