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Stock Market & Financial Investment News

News Breaks
December 16, 2011
10:00 EDTRRR, ISRL, CNC, MTZ, HEI, CFX, KNSY, CVC, AFSIGappers report
This is a list of stocks making unusual moves on the open versus the prior day close. Gapping stocks often have excessive movements during the day and in the days thereafter. We use 5% for filter criteria and scanned for stocks that traded above $10 the prior day. GAPPING DOWN: CVC (10.70%), KNSY (7.00%), AFSI (5.58%). GAPPING UP: CFX 5.22%, HEI 5.90%, ISRL 6.40%, MTZ 8.68%, CNC 9.18%, RRR 56.29%.
News For AFSI;CFX;CNC;CVC;HEI;ISRL;KNSY;MTZ;RRR From The Last 14 Days
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January 29, 2015
18:43 EDTCVCCablevision suing Verizon for false advertising over Wi-Fi service, WSJ reports
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January 26, 2015
12:39 EDTCNCHHS Secretary orders Medicare to change payment method, WSJ says
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10:30 EDTAFSIOptions with decreasing implied volatility
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07:01 EDTCVCCablevision announces upcoming launch of WiFi phone service Freewheel
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06:31 EDTCVCCablevision to launch cheap mobile phone service, NY Times says
Cablevision (CVC) intends to unveil later today a cheap, Wi-Fi based mobile phone service, according to The New York Times. The first service of its kind to be introduced by a cable company, the offering will include unlimited data, talking and texting worldwide for $29.95 a month, or $9.95 a month for Cablevisionís Optimum Online customers, the newspaper stated. Incumbent wireless carriers include Verizon (VZ), AT&T (T), T-Mobile (TMUS), and Sprint ()S). Reference Link
06:03 EDTCNCCentene to acquire Agate Resources
Centene announced that it has signed a definitive agreement to acquire Agate Resources, a diversified holding company that offers an array of healthcare products and services to Oregon residents. Agate is based in Eugene, Oregon. Trillium Community Health Plan, Inc., a subsidiary of Agate, participates in Oregon's Coordinated Care Organization model to provide Medicaid services to Oregon Health Plan members in Lane County, Oregon. Trillium also provides coverage to Medicare beneficiaries through a Medicare Advantage plan and participates on the Cover Oregon health insurance marketplace. Terry Coplin, the CEO of Agate, and the existing management team will continue to lead the local operations of Agate. The transaction is expected to close in Q3, subject to customary closing conditions, including Oregon regulatory approval. The deal is expected to be accretive to EPS in the first twelve months following close.
January 21, 2015
07:48 EDTHEIHEICO price target raised to $70 from $62 at Canaccord
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07:47 EDTHEIHEICO completes acquisition of 80% of Aeroworks International
HEICO Corporation announced that its Flight Support Group completed the acquisition of 80% of the equity of Aeroworks International Holdings, a manufacturer of both composite and metal parts used primarily in aircraft interior applications, including seating, galleys, lavatories, doors, and overhead bins. Financial terms were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings within the first year after the closing.

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