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Stock Market & Financial Investment News

News For PKT;CLX;MOBI;BTH;RCL;RMTI;HUM;PC;HLF;APKT;SONS;NUS;ORCL From The Last 14 Days
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July 27, 2015
13:24 EDTHUMRegulators to consider 'too big to fail' in health insurance reviews, CTFN says
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11:01 EDTORCLFederal Court increase damages amount Oracle can seek against Rimini Street
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08:10 EDTHUMLeerink sees at least 60% chance of Anthem, Cigna deal being approved
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06:58 EDTORCLOracle using 'nuclear option' to sell its cloud products, Business Insider says
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July 26, 2015
18:22 EDTHUMMedia reports say Teva to buy Allergan unit as it looks beyond Mylan
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July 23, 2015
06:32 EDTORCLOracle requests permission to update suit against Google, Reuters reports
Oracle (ORCL) has requested permission from a U.S. judge to update its copyright lawsuit against Google (GOOG) to include the Android operating system's current market dominance, Reuters reports. Oracle has said it wants the suit to add that Google continues its copyright infringement through updated versions of Android, the report says. Reference Link
July 22, 2015
06:12 EDTHLFHerbalife requests user information from Twitter, Reuters reports
Herbalife (HLF) has filed a petition seeking information from Twitter (TWTR) to find an anonymous user who posted defamatory tweets against Herbalife, Reuters reports. Herbalife wants Twitter to provide IP addresses as well as account details of the user so that the company can pursue legal action, the report says. Reference Link
July 21, 2015
14:24 EDTORCLEarnings Watch: EMC reports amid M&A speculation in sector
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12:01 EDTRCLRoyal Caribbean names Jim Berra Chief Marketing Officer
Royal Caribbean (RCL) has named Jim Berra Chief Marketing Officer. Jim will be responsible for all aspects of the cruise line's marketing program, including brand strategy and positioning, consumer and trade advertising, web and loyalty marketing, research, brand development and communications. Jim most recently served as senior vice president and Chief Marketing Office for Carnival Cruise Line (CCL) where he oversaw the company's advertising, public relations, customer marketing and digital efforts.
10:01 EDTNUS, HLF, CLXOn The Fly: Analyst Initiation Summary
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07:15 EDTORCLOracle management to meet with Deutsche Bank
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July 20, 2015
16:41 EDTNUSNu Skin initiated with a Neutral at Sterne Agee CRT
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16:40 EDTHLFHerbalife initiated with a Neutral at Sterne Agee CRT
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16:39 EDTCLXClorox initiated with a Buy at Sterne Agee CRT
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10:05 EDTHUMHumana renews, lengthens SilverSneakers pact with Healthways
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07:07 EDTORCLOracle management to meet with Deutsche Bank
Meetings to be held in Montreal/Toronto on July 20 hosted by Deutsche Bank.
July 16, 2015
19:17 EDTHUMAffordable Care Act plan prices to increase 11.2% in 2016, WSJ says
State regulators will begin approving plan price increases for insurance plans purchased on Care Actís exchanges as early as this month, reports the Wall Street Journal. Nearly every state has plans with premiums increasing over 10%, with some as high as 30%-50%, the Journal adds. Publicly traded companies in the space include Aetna (AET), Anthem (ANTM), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). Reference Link
18:48 EDTORCLOracle drops largest copyright damages theory against Rimini Street
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11:39 EDTORCLOracle management to meet with Evercore ISI
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06:25 EDTORCLOracle announces 'disciplined reduction' in overall compensatoin
Oracle announced bonuses to Ellison, Catz and Hurd will be paid out at $0 in FY15, compared to 16% targe tin FY14. Oracle said that no performance-based cash bonuses will be awarded in years where no growth in non-GAAP pre-tax profits is achieved. PSU payouts are based on Oracle revenue growth and operating cash flow growth relative to select peer company performances. In connection with the management transition in 2015, the compensation committee canceled 1.5M equity equivalent shares of Ellison's FY15 equity award. The company announced option awards will be reduced to 5 year terms from 10 year terms in 2016, significantly reducing its value and maintaining long-term vest. Comments taken from slides for July Investor Presentation.
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