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Stock Market & Financial Investment News

News For AMZN;AAMRQ;SAP;LYV;JNPR;CRM;CS;HON;GOOG;NFLX;CTXS;QCOM From The Last 14 Days
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March 2, 2015
11:39 EDTGOOGFidelity Contrafund cuts Google stake to 5.2% of net assets, Reuters reports
Fidelity Contrafund, one of Google's largest investors, has cut its stake in the search giant to 5.2% of net assets at January 31 from 7.3% of net assets as of June 30, Reuters reports. Fidelity Investments portfolio manager Will Danoff explains that "The firm continued to do phenomenally innovative things, but it is fighting a shift away from desktop search to less-expensive searches on mobile phones." Reference Link
11:37 EDTHONHoneywell to host investor meeting
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10:00 EDTGOOGOn The Fly: Analyst Initiation Summary
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10:00 EDTCRMOn The Fly: Analyst Downgrade Summary
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09:34 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL MNTA CELG TSLA MCD ARUN GILD KO TWTR NFLX
09:14 EDTGOOGApple, Google employees asking for $415M poaching settlement, Reuters says
Silicon Valley workers alleging that Apple (APPL), Google (GOOG), Intel (INTC), and Adobe (ADBE) colluded to limit poaching will attempt on Monday to win court approval for a $415M claim, reports Reuters. A judge had rejected the previous settlement offer of $324.5M as too low, saying the settlement would need to reach at least $380M. Reference Link
09:10 EDTGOOGGoogle initiated with a Hold at Axiom
09:08 EDTGOOGGoogle+ splits Photos and Streams, Horowitz to lead both
Bradley Horowitz, a Google VP, confirmed in a Google+ post that "the rumors are true -- Iím excited to be running Googleís Photos and Streams products! Itís important to me that these changes are properly understood to be positive improvements to both our products and how they reach users." Reference Link
08:47 EDTGOOGGoogle says mobile network developments coming soon, TechCrunch says
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08:38 EDTCRMSalesforce.com downgraded to Hold from Buy at Argus
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08:29 EDTGOOGMicrosoft reportedly to buy news app for $30M, TechCrunch says
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07:56 EDTGOOGGoogle appoints new head of Google+, hints at changes, TechCrunch says
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07:41 EDTCRMMorgan Stanley to hold a conference
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06:32 EDTCSLarge EU banks may come under scrutiny for reciprocity, WSJ says
The banking practice of reciprocity -- giving work to competitor banks in order to foster relationships or reward past deals -- may come under investigation by the U.K. Financial Conduct Authority, reports the Wall Street Journal, citing a person familiar with the regulator. The FCA believes the practice may be anticompetitive, but it hasn't yet determined the scope of its investigation into EU banks. Publicly traded companies in the space include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
06:00 EDTGOOGMarvell announces partnership with Google;s ATAP Group
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05:59 EDTGOOGSamsung announces Samsung Pay mobile payment system
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05:42 EDTQCOMQualcomm, Alcatel-Lucent, T-Mobile enable extension of LTE
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05:32 EDTQCOMQualcomm, Cyanogen announce collaboration
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March 1, 2015
18:28 EDTGOOGBlackBerry expands cross platform strategy
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17:20 EDTGOOGGoogle shares could rise 5%-10% with a dividend, Barron's says
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