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Stock Market & Financial Investment News

News Breaks
April 10, 2014
13:46 EDTALLYAlly Financial trying to hammer out a bottom, levels to watch
The shares broke the IPO price of $25 from the outset and have dipped as low at $23.91. It looks like the shares are trying to put in some kind of bottom at $24. If that level can hold there might be a rally attempt, with the high of the day at $24.79 and the IPO price as upside objectives. There's no way to gauge what might happen in a break below the low of the day other than perhaps a test down to a typical options strike such as $22.50.
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August 14, 2014
12:01 EDTALLYThird Point gives quarterly update on stakes
NEW STAKES: Rackspace (RAX), Finisar (FNSR), Amgen (AMGN), Ally Financial (ALLY), and AstraZeneca (AZN). INCREASED STAKES: Dollar General (DG) and Dow Chemical (DOW). DECREASED STAKES: FedEx (FDX), Hertz (HTZ), T-Mobile (TMUS) and Intrexon (XON). LIQUIDATED STAKES: Google Class A (GOOGL), Verizon (VZ) and Mondelez (MDLZ).
11:52 EDTALLYThird Point discloses new stakes in Finisar, Amgen, Ally Financial
09:30 EDTALLYTreasury to sell additional Ally Financial stock
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