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Stock Market & Financial Investment News

News Breaks
April 9, 2012
12:15 EDTAOL, MSFT, CALL, GOLD, MOH, CNC, ITMNOn The Fly: Mid-Day Wrap
Stocks on Wall Street were lower at mid-day, in a delayed reaction to Friday's disappointing jobs report. Investors and analysts continue after the long weekend to try to connect the dots to determine whether this report is a sign of a slow down in the economic recovery or if it indicates a pause. The move today is broad based, as all of the S&P sectors are lower and at one point 99% of all the S&P 500 stocks were lower. The averages have shown virtually no improvement since the open and continue to drift. The lack of economic data today has left investors with nothing new to focus on to move past the jobs report... ECONOMIC EVENTS: Domestically, little of note was on the economic calendar, leaving investors to react to the disappointment from the the 120K increase in nonfarm payrolls reported Friday while the equity markets were closed. Internationally, the Nikkei was down and the Hang Seng and the European markets were closed... COMPANY NEWS: AOL (AOL) shares surged over 45% after the company agreed to sell over 800 of its patents to Microsoft (MSFT) for a bit over $1B. Microsoft's stock was down close to 1% near noon following the announcement... MAJOR MOVERS: Among the notable gainers were magicJack (CALL), after it provided guidance above the Street's view and said it will look to increase its stock buyback program, and Randgold (GOLD), after the company said its gold production and 2012 production guidance were not affected by a coup in Mali. Noteworthy losers included Molina Healthcare (MOH) and Centene (CNC), after the state of Ohio did not renew its Medicaid contract with the two companies. Also lower were shares of InterMune (ITMN), following a downgrade to Sector Perform at RBC Capital... INDICES: Near noon, the Dow was down 138.38, or 1.06%, to 12,921.76; the Nasdaq was down 34.41, or 1.12%, to 3,046.09; and the S&P 500 was down 16.86, or 1.21%, to 1,381.22.
News For AOL;MSFT;CALL;GOLD;MOH;CNC;ITMN From The Last 14 Days
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October 9, 2014
09:38 EDTMSFTActive equity options trading on open
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09:01 EDTMSFTSony moves step further toward sale of PS4 in China, WSJ says
Sony (SNE), which seeks to join Microsoft (MSFT) in selling video game consoles in China, may see a partner company start packaging its consoles in the nation in December, said The Wall Street Journal, citing a filing posted by a Sony local partner on the official website of Shanghai’s free-trade zone. A Sony spokesperson said the facility's ability to package 200,000 consoles a year, which was communicated in the filing, does not represent an actual business plan and declined to comment further on Sony’s plans. Reference Link
08:53 EDTMSFTAbout 1,000 workers went on strike for several hours at Foxconn plant, WSJ says
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06:42 EDTMSFTMicrosoft CEO admits 'mistakes' with Windows 8, Business Insider reports
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06:41 EDTMSFTMicrosoft initiated with a Market Perform at BMO Capital
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06:31 EDTMSFTFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:24 EDTMSFTMicrosoft rumored to cancel Surface tablet business, DigiTimes reports
Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for its Surface Pro 3 tablet, reports DigiTimes. According to sources from the upstream supply chain, the first and second generation Surface tablets are estimated to have created losses of about $1.7B. Reference Link
05:53 EDTGOLDRandgold upgraded to Overweight from Neutral at HSBC
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October 8, 2014
16:56 EDTMSFTGartner says worldwide PC shipments in Q3 declined 0.5%
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09:27 EDTCNCCentene receives pacts from 15 of 17 applicable states for HIF reimbursement
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06:13 EDTMSFTNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
October 7, 2014
12:50 EDTMSFTSamsung aiming for arbitration versus Microsoft, Bloomberg says
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12:45 EDTMSFTMicrosoft near deal to buy text analysis start-up for about $200M, WSJ says
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12:45 EDTMSFTMicrosoft to hold cloud event on October 20
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10:52 EDTMSFTNokia suspends handset production at Chennai facility, Reuters reports
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09:24 EDTAOLFormer Yahoo CFO says AOL merger makes 'little sense,' CNBC reports
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08:31 EDTAOLAOL names Dermot McCormack as president of AOL Video and AOL Studios
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07:48 EDTMSFTU.S. Chamber of Commerce to hold a discussion
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07:00 EDTMSFTReport says 100K Xbox Ones sold throughout China, Kotaku says
A report from Chinese video games news website 17173 said that Shanghai Media Group vice-president Zhang Dazhong accidentally noted that over 100K Microsoft Xbox One consoles sold throughout China during the first week they were launched, according to Kotaku, citing the report from 17173. Reference Link
October 6, 2014
06:21 EDTMSFTMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
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