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Stock Market & Financial Investment News

News Breaks
December 12, 2012
06:05 EDTUN, PXP, AAPL, BAC, MMR, MTU, FCXOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Apple (AAPL) is working with component suppliers in Asia to test several TV set designs, including a large screen high resolution TV, sources say, the Wall Street Journal reports...Freeport-McMoRan Copper & Gold’s (FCX) planned acquisition of McMoRan Exploration (MMR) and Plains Exploration & Production (PXP) is coming under fire from investors who say the move is riddled with conflicts of interest and who recently held at least 9% of its shares. The transactions that will cost the mining giant about $20B including assumed debt, the Wall Street Journal reports...REUTERS: The Fed is expected to announce a new round of bond buying today as part of its moves to support a fragile economic recovery threatened by political fighting over the government's budget, Reuters reports...An impasse over plans for the ECB to supervise banks will be front and center today at a finance ministers' meeting, Reuters reports...BLOOMBERG: Mitsubishi UFJ Financial Group (MTU) is set to announce the $471M purchase of Bank of America’s (BAC) 49% stake in their Japanese private banking venture, sources say, Bloomberg reports...Unilever (UN) CEO Paul Polman said Europe is facing 10 years of economic stagnation while the U.S. grapples with the rise of an “emerging poor” class dependent on government benefits, Bloomberg reports.
News For AAPL;FCX;MMR;PXP;MTU;BAC;UN From The Last 14 Days
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May 12, 2015
08:31 EDTAAPLApple likely to launch TV video service this year, says Pacific Crest
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07:41 EDTAAPLApple CEO says holding talks about Apple Pay with Alibaba, Reuters reports
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06:58 EDTAAPLApple examines new nano material touch panels, ETNews reports
Apple (AAPL) is planning to example nano new material on touch panels, reports ETNews. The company expects the new technology to raise sense of touch and decrease cost. According to unnamed sources, Apple requested AgnW touch-panel samples that is verified for mass-production from LG Display (LPL), Samsung Display (SSNLF), Japan Display and other suppliers. Reference Link
May 11, 2015
16:00 EDTAAPL, BACOptions Update; May 11, 2015
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14:57 EDTAAPLUSPTO sides with Apple, says certain claims of VirnetX 'unpatentable'
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12:17 EDTAAPLApple mulls expansion of key Irish plant, Independent. ie says
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11:37 EDTAAPLApple expanding renewable energy projects in China
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11:24 EDTAAPLUBS says Apple Watch could become 'must-have' device, but not yet
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09:58 EDTBACBarclays expected to pay GBP2B to settle forex rigging charges, FT says
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09:56 EDTAAPLIDC: Apple leads smartphone vendors in China during Q1
IDC’s latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link
09:37 EDTAAPL, BACActive equity options trading on open
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08:41 EDTAAPLApple Watch may become 'must have' as interface to internet, says UBS
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08:18 EDTBACBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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06:44 EDTAAPLFiat Chrysler CEO met with Apple, Tesla CEOs, Reuters says
During a trip to California, Fiat Chrysler (FCAU) CEO Sergio Marchionne met with Apple (AAPL) CEO, Tim Cook, and Tesla (TSLA) CEO Elon Musk, reports Reuters, citing Marchionne. Marchionne also vowed that the company would make a stronger attempt in the luxury SUV market, Reuters adds. Reference Link
05:05 EDTAAPLApple announces environmental initiatives in China
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May 8, 2015
16:05 EDTAAPL, BACOptions Update; May 8, 2015
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09:36 EDTAAPL, BACActive equity options trading on open:
Active equity options trading on open: AAPL BABA FB DIS MSFT TSLA NFLX AMZN BAC
06:48 EDTBACBanks to erase debt of bankrupt consumers from reports, NY Times says
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06:35 EDTBACShareholder support for Bank of America board drops, Reuters says
None of the four Bank of America directors up for reelection this week received more than 71.9% of votes, according to Reuters. Last year, none of the directors received less than 98% of votes, the news service stated. Reference Link
05:25 EDTAAPLEricsson files suits against Apple in Germany, UK, Netherlands
Ericsson (ERIC) has filed suits against Apple (AAPL) in Germany, the United Kingdom and the Netherlands. Ericsson had offered to enter into arbitration with Apple to reach a mutually beneficial global licensing agreement for its standard-essential patents, but that offer has now expired. The proceedings in the three countries were recently initiated and refer to the 2G and 4G/LTE standards, as well as other technology that is not standardized, but is related to, for instance, the design of semiconductor components and non-cellular wireless communications.
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