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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:30 EDTTRAK, MAN, HSII, ADS, WU, KFRC, GEO, SNX, MGI, IRM, CLGXMacquarie to hold a conference
Extreme Services Conference 2014 to be held in New York on May 13.
News For ADS;CLGX;GEO;HSII;IRM;KFRC;MAN;MGI;WU;TRAK;SNX From The Last 14 Days
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November 21, 2014
10:01 EDTWUOn The Fly: Analyst Initiation Summary
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06:25 EDTWUWestern Union initiated with a Neutral at Compass Point
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06:25 EDTMGIMoneyGram initiated with a Neutral at Compass Point
Target $9.
November 19, 2014
08:23 EDTCLGXCoreLogic management to meet with William Blair
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07:07 EDTADSCitigroup to hold a conference
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November 18, 2014
11:18 EDTMGIMoneyGram initiated with a Buy at Standpoint Research
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11:16 EDTWUWestern Union downgraded to Hold from Buy at Standpoint Research
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November 17, 2014
15:36 EDTWUSnapchat partners with Square on money messaging service, Re/code reports
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07:35 EDTADSAlliance Data reports October net charge offs 4.4% vs. 3.8% last month
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November 14, 2014
09:38 EDTIRMJANA Partners gives quarterly update on stakes
NEW STAKES: AMD (AMD), AECOM Technology (ACM), Alibaba (BABA), McDonald's (MCD), Amgen (AMGN), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), iRobot (IRBT), Seadrill Partners (SDLP), Valeant (VRX). INCREASED STAKES: eBay (EBAY), Charter (CHTR), Groupon (GRPN), HD Supply (HDS), Hertz (HTZ). DECREASED STAKES: Apache (APA). LIQUIDATED STAKES: CBS (CBS), Endo (ENDP), FMC Corporation (FMC), SeaWorld (SEAS), SunEdison (SUNE).
November 13, 2014
07:24 EDTKFRC, GEOSunTrust to hold a conference
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06:24 EDTHSIIHeidrick & Struggles picked by GM to find new general counsel, WSJ reports
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November 12, 2014
10:09 EDTMGIMoneyGram shares likely to remain range-bound, says Wells Fargo
Wells Fargo expects MoneyGram's delayed quarterly filing on a "re-evaluation of its prior accounting policies and procedures related to global unclaimed property matters" to be another contributor to the stock being range-bound for the foreseeable future. It keeps a Market Perform rating on the stock.
08:19 EDTMGI, MANJPMorgan to hold a conference
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November 11, 2014
08:32 EDTIRMIron Mountain selling shredding operations in UK, Ireland, Australia for $29.8M
Iron Mountain announced it has signed a definitive agreement to divest its international shredding operations located in the United Kingdom, Ireland and Australia to Shred-it International ULC for approximately $29.8M. Additionally, Iron Mountain has agreed to acquire Canadian-based Securit Records Management Inc., an affiliate of Shred-it International ULC, for approximately $29M. The deals are subject to customary closing conditions and price adjustments, and are expected to close by the end of the year. Iron Mountainís international shredding operations include eight shredding plants and approximately 90 mobile shredding units across the UK, Ireland, and Australia. Going forward, Iron Mountain and Shred-it will work together to provide seamless support for shared customers in these regions. Additionally, the acquisition of Securit Records Management aligns with Iron Mountainís vision to expand its capacity to provide records management services and to grow its brand as a leading information management solution provider. Securit Records Management in Canada consists of nine facilities and three million cubic feet of records. Two of the largest facilities are located in Ottawa and Toronto, where Iron Mountain sought additional space to support new and existing customers. Iron Mountain will continue to operate its substantial shredding business throughout North America, which includes 21 plants, 290 mobile shredding units and serves more than 43,000 customers.
November 10, 2014
16:21 EDTGEOGeo Group files $150M equity distribution agreement
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08:04 EDTWUWestern Union is poised to break out, says Macquarie
Macquarie's recent management meeting reinforced its view that Western Union is poised to break out as the company continues to benefit from lower than expected compliance costs, which should boost margins. The analyst expects Western Union's scale and lower run rate of compliance costs will generate a strong competitive advantage over smaller money transfer players and banks and for C2C transactions growth and innovative products to drive long-term outlook. Shares are Outperform rated with a $21 price target.

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