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Stock Market & Financial Investment News

News Breaks
May 28, 2014
10:00 EDTACUR, NLS, LYV, LOW, DG, VOD, HSHOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acura Pharma (ACUR) downgraded to Hold from Buy at MLV & Co.... Dollar General (DG) downgraded to Hold from Buy at Deutsche Bank... Hillshire Brands (HSH) downgraded to Market Perform from Outperform at BMO Capital... Live Nation (LYV) downgraded at Sterne Agee... Lowe's (LOW) downgraded at Canaccord... Nautilus (NLS) downgraded to Neutral from Buy at B. Riley... Vodafone (VOD) downgraded to Hold from Buy at Berenberg.
News For ACUR;DG;LYV;HSH;LOW;NLS;VOD From The Last 14 Days
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March 30, 2015
13:38 EDTVODVodafone to enable NFC payments using Visa cards, NFC World says
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05:40 EDTLYVStubHub files antitrust lawsuit against TIcketmaster, Golden State Warriors
StubHub, an eBay (EBAY) company, has filed a lawsuit against Ticketmaster (LYV) and the Golden State Warriors’ front office. As stated in the Complaint, StubHub seeks to stop unfair and illegal anti-competitive business practices that prevent fans from deciding how they want to resell their tickets and which artificially drive up ticket prices. The complaint recounts that Ticketmaster and the Warriors’ front office broke our nation’s antitrust law and California law against unfair competition by cancelling fans’ regular-season and playoff-game tickets when those fans chose to use StubHub and other competitive exchanges to resell tickets. In many more cases, the Complaint says, Ticketmaster and the Warriors’ front office broke the law by unlawfully threatening fans with cancellation to force them to use Ticketmaster’s resale exchange exclusively. StubHub strives to compete fairly, ensuring that fans only pay market-driven prices based on actual supply and demand. We believe fans, not front-office executives, have the right to decide how – and for how much – resale tickets will be bought and sold. According to the lawsuit, despite repeated requests by StubHub, the Warriors and Ticketmaster executives allegedly refused to play fair, to respect the fans, and to obey the law. StubHub’s only option therefore remains to seek relief in federal court to stop these anticompetitive business practices. StubHub simply wants Ticketmaster and the Warriors' front office to embrace competitive efforts rather than monopoly tactics.
March 26, 2015
12:53 EDTVODVodafone India acquires spectrum in 12 telecom circles for INR 258.1B
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March 23, 2015
06:10 EDTVODBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). Reference Link
06:03 EDTACURAcura Pharma reports successful topline results from Nexafed study
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March 20, 2015
16:31 EDTLOWLowe's announces new $5B share repurchase program
Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies has authorized a new repurchase program of $5B of the company's common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $2.4B as of January 30.
15:28 EDTDGDollar General management to meet with Sterne Agee
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March 19, 2015
15:00 EDTLYVLive Nation management to meet with Sterne Agee
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12:44 EDTVODVodafone signs letter of intent for stake in Metroweb, Bloomberg says
Vodafone has signed a letter of intent to buy a stake in Metroweb from F2i Sgr, reports Bloomberg, citing three people with knowledge of the matter. The letter of intent does not state financial terms but two of the sources say Vodafone may fund a capital increase for as much as $532M in Metroweb's Sviluppo unit. The sources add that Vodafone stipulated that no single phone-service company gains majority control of Metroweb. Reference Link
07:23 EDTLYVEvercore ISI to hold a tour
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March 18, 2015
10:18 EDTLOWEvercore ISI to hold a summit and tour
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March 17, 2015
16:58 EDTDGGIC Private Limited reports 5.02% passive stake in Dollar General
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