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Stock Market & Financial Investment News

News Breaks
February 5, 2013
15:15 EDTZNGA, DIS, UNM, GNW, CME, CERN, FISV, CMG, AFL, EXPE, CHRWCompanies reporting After the Market Close on Tuesday, February 5
Notable companies reporting after the closing bell on Tuesday include Aflac (AFL), Cerner (CERN), CH Robinson Worldwide (CHRW), Chipotle Mexican Grill (CMG), CME Group (CME), Expedia (EXPE), Fiserv (FISV), Genworth Financial (GNW), Unum Group (UNM), Walt Disney (DIS), and Zynga (ZNGA).
News For AFL;CERN;CHRW;CMG;CME;EXPE;FISV;GNW;UNM;DIS;ZNGA From The Last 14 Days
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May 22, 2015
05:29 EDTEXPECtrip.com acquires 37.6% stake in eLong from Expedia
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05:27 EDTEXPEeLong announces sale of Expedia stake
eLong (LONG) announced the sale by Expedia (EXPE) of its 62.4% ownership interest in the company held through its wholly owned subsidiary. Expedia informed eLong that, on May 22, all of the ordinary shares Expedia owned were sold at an average price of $14.63 per share to several purchasers based in China, including C-Travel International, a wholly owned subsidiary of Ctrip.com (CTRP), Keystone Lodging Holdings Limited, Plateno Group Limited and Luxuriant Holdings Limited.
05:25 EDTEXPEExpedia sold 62.4% stake in eLong for about $671M
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May 21, 2015
12:52 EDTDISESPN and StubHub agree to content distribution deal, Variety reports
Disney's (DIS) ESPN has agreed to a content distribution deal with eBay's (EBAY) StubHub, reports Variet. Terms of the deal were not disclosed. ESPN plans to feed scores, team stats and articles to StubHub's app, a feature that will be available in the U.S., the U.K. and Canada. Reference Link
11:24 EDTAFLAflac targets June to have CFO replaced, Bloomberg reports
Aflac CEO Dan Amos told analysts at a meeting that the company hopes to have a replacement by June for CFO Kriss Cloninger, who will be staying on as president, reported Bloomberg. Amos also noted that Deputy CFO Ken Janke withdrew from the running as a potential replacement, the report added. Reference Link
10:47 EDTUNMUnum Group says CEO Thomas Watjen announces retirement
After 12 years as CEO of Unum Group, Thomas R. Watjen retired at the company’s annual shareholder meeting and Richard P. McKenney assumed the role of CEO. “For many years we have been committed to a rigorous leadership development and succession planning process,” Watjen said. “We are well-positioned for the future and I step back knowing that Unum is in very good hands and poised for even greater things ahead.” Watjen will stay active with the company as he begins a two-year term as chairman of the board of directors, with former chairman William J. Ryan being appointed lead independent director.
09:39 EDTUNMUnum Group authorizes $750M share repurchase
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09:36 EDTUNMUnum Group board increases quarterly dividend by 12% to 18.5c
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May 20, 2015
05:34 EDTCMECME Group announces eight new European power contracts on CME Europe
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May 19, 2015
18:01 EDTAFLAflac names Matthew Owenby as Chief Human Resources Officer
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17:29 EDTEXPEExpedia CFO clarifies guidance, says 70%-90% of EBITDA growth coming in 2H
During JPMorgan's Global Technology, Media and Telecom conference, Expedia CFO Mark Okerstrom stated, "I did want to just reiterate though and clarify some of the guidance that I gave on the [Q1 conference call]." Okerstrom went on to clarify that, excluding e-loan, the company expects the vast majority of its adjusted EBITDA dollar growth to come in the back half of the year. "Not sure if the message got through," elaborated Okerstrom, but for Expedia, vast majority means somewhere between 70%-90%.
09:58 EDTEXPEOn The Fly: Analyst Initiation Summary
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08:11 EDTDISVerizon CFO says customers 'tired of paying for 300 channels'
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07:13 EDTCMEBarclays to hold a conference
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06:29 EDTDIS21st Century Fox expects to continue investing in TV, Deadline reports
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May 18, 2015
16:22 EDTEXPEExpedia initiated with a Buy at Guggenheim
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10:37 EDTZNGAFacebook ramps up interest in games, The Information reports
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08:30 EDTCMECME Group announces launch of physically delivered zinc futures
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07:22 EDTCERNUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link
May 17, 2015
15:37 EDTDISUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
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