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Stock Market & Financial Investment News

News Breaks
May 9, 2012
15:07 EDTALTE, CTL, CSCO, DTG, ESE, NWSA, PCLN, BWCCompanies reporting After the Market Close on Wednesday, May 9
Notable companies reporting after the closing bell include Alterra Capital (ALTE), CenturyLink (CTL), Cisco Systems (CSCO), Esco Technologies (ESE), Fleetcor Technologies (FLT), News Corp (NWSA), Priceline.com (PCLN), and The Babcock & Wilcox (BWC).
News For ALTE;CTL;CSCO;DTG;ESE;NWSA;PCLN;BWC From The Last 14 Days
Check below for free stories on ALTE;CTL;CSCO;DTG;ESE;NWSA;PCLN;BWC the last two weeks.
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July 24, 2014
08:23 EDTPCLNPriceline completes OpenTable tender offer
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July 23, 2014
11:24 EDTPCLNIndustry data points to strong Q2 for online travel names, says Piper Jaffray
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08:32 EDTBWCB&W Volund signs $80M contract
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July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
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08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
July 16, 2014
18:03 EDTPCLNMedAssets to replace OpenTable in S&P 600 as of 7/23 close
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08:34 EDTBWCBabcock & Wilcox awarded contract for DR coal-fired boiler project
The Babcock & Wilcox Company announced that its subsidiary, Babcock & Wilcox Power Generation Group, has been awarded a contract to design and manufacture two coal-fired boilers to be installed in the Punta Catalina Power Plant for Corporación Dominicana de Empresas Eléctricas Estatales in the Dominican Republic. The contract, booked in the second quarter of 2014, was awarded by Italian engineering and procurement contractor Tecnimont S.p.A, which is developing the project as part of a consortium which includes Tecnimont, Constructora Norberto Odebrecht S.A. and Ingeniera Estrella S.r.l. Project management and front-end engineering for the project are underway in B&W PGG’s U.S. operations. The project is scheduled to be completed October 2017.
July 15, 2014
08:35 EDTCSCOCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
05:53 EDTCSCOStocks with implied volatility movement; CSCO WMT
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.
July 11, 2014
15:00 EDTCTLChance of Rackspace strategic buyer lower if CenturyLink out, says Wells Fargo
After BrightWire said that CenturyLink's (CTL) interest in Raxspace (RAX) had faded, Wells Fargo cautioned that it is difficult to judge the validity of sources in "articles such as this." However, Wells added that if CenturyLink is actually out, that the possibility of Raxspace finding a strategic buyer could be "meaningfully" lower. The firm keeps it Outperform rating on Raxspace, citing its fundamentals.
14:08 EDTCTLRackspace drawing 'tepid' interest from potential buyers, BrightWire says
Rackspace (RAX) is receiving a "tepid" response from potential buyers, according to BrightWire, citing three sources familiar with the matter. One industry source said CenturyLink (CTL) made an initial overture, but a banking source said the interest was only casual and soon faded, according to the report. Reference Link
06:10 EDTPCLNJPMorgan expects solid Q2 results in Internet space
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July 10, 2014
18:02 EDTCTLWells sees 'shrinking list' of strategic buyers for Rackspace
Wells Fargo sees a "shrinking list" of potential buyers for Rackspace (RAX), with only remaining HP (HPQ) and CenturyLink (CTL) remaining in its opinion. Wells believes Rackspace going private through a leveraged buyout is a possibility, but it thinks such an outcome is a lower probability given the required return assumptions and implied exit multiple. The firm believes the market has correctly assumed a high probability that Rackspace will not undergo a strategic event. However, Wells thinks the potential for a value creating event limits downside in the name. It keeps an Outperform rating on the stock.
09:02 EDTCTLCenturyLink wins 10-year NH colocation contract
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07:57 EDTPCLNPriceline property count suggests Q2 upside, says FBR Capital
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07:32 EDTNWSANews Corp. owned HarperCollins looks to bypass Amazon with new site, FT says
News Corp.'s (NWSA) book publishing unit, HarperCollins, relaunched its U.S. website and is now selling books directly to readers, putting it in competition with one of its largest retailers, Amazon.com (AMZN), reported Financial Times. Reference Link

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