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Stock Market & Financial Investment News

News For BA;FB;WFC;AA From The Last 14 Days
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May 27, 2015
12:26 EDTAAAluminum prices decline on excess supply, Bloomberg says
Aluminum prices have been under pressure as prices for the metal fell 9.4% in May in the largest monthly drop since October 2012, says Bloomberg. According to the Bloomberg report aluminum producers in China have been encouraged by cheap coal to operate their furnaces and may expand exports. Companies in the aluminum space include Alcoa (AA) and Century Aluminum (CENX). Reference Link
10:38 EDTFBFacebook testing Yelp-like feature for restaurant pages, ClickZ reports
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10:32 EDTFBTwitter beats LinkedIn as top social media site for salespeople, Forbes reports
In a survey conducted by Forbes with a client, Twitter (TWTR) beat LinkedIn (LNKD) to become the top social media network for salespeople. When it came to sales prospecting, Twitter was "slightly more valuable" than LinkedIn, according to the survey, though both sites beat out Facebook (FB) and Google (GOOG). Reference Link
09:38 EDTFBActive equity options trading on open
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09:17 EDTFBFacebook's Oculus acquires Surreal Vision, terms not disclosed
Facebook-owned Oculus announced in a blog post yesterday the acquisition of Surreal Vision. Oculus explains, "Surreal Vision is one of the top computer vision teams in the world focused on real-time 3D scene reconstruction – generating an accurate representation of the real world in the virtual world. Great scene reconstruction will enable a new level of presence and telepresence, allowing you to move around the real world and interact with real-world objects from within VR." Reference Link
08:39 EDTFBSony purchases Optical Archive, WSJ reports
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06:13 EDTFBTech companies look for ways to fend off activist investors, WSJ reports
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06:01 EDTFBSnapchat CEO says company 'needs to IPO," Business Insider reports
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May 26, 2015
20:50 EDTWFCBernstein to hold a conference
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18:32 EDTFBFacebook India offers content creators exclusivity deals, Economic Times says
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16:01 EDTFBOptions Update; May 26, 2015
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07:19 EDTFBFacebook being scrutinized on several fronts in Europe, NY Times reports
In recent months, several different European regulators have been examining facets of Facebook's (FB) operations and it remains to be seen whether the social network operator has learned from the past mistakes of companies such as Intel (INTC), Microsoft (MSFT) and Google (GOOG) in terms of navigating Europe’s legal system, said The New York Times. The European Union is looking into whether Facebook unfairly favors its own services, the region’s top court will issue a preliminary decision next month on whether Facebook can continue transferring user data between Europe and the U.S. and a number of EU data protection watchdogs are questioning Facebook’s privacy settings, the report noted. Reference Link
07:10 EDTBALockheed Martin, Boeing may bid for GBP2B MoD contract, Independent says
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06:41 EDTWFCJPMorgan, other banks close branches on border to avoid laundering, WSJ says
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May 22, 2015
16:00 EDTFBOptions Update; May 22, 2015
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10:33 EDTFBFacebook management to meet with Oppenheimer
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09:34 EDTFBActive equity options trading on open
Active equity options trading on open: AAPL BABA AMZN FB MU BIDU SDRL BAC INTC EXPE CHK FEYE
May 21, 2015
19:44 EDTFBGoogle advertising head remarks that larger phones may help mobile ads, WSJ says
In a Wall Street Journal interview at the San Francisco ad:tech conference, Google (GOOG) advertising chief Sridhar Ramaswamy commented on the conversation rate from mobile ad viewership to actual mobile sales, stating, "As phones get bigger the [screen] space issue becomes less challenging... [My six-inch phone] is essentially a tablet. People’s ability to navigate sites and fill out forms and such goes up tremendously." Ramaswamy also offered commentary on Facebook's (FB) advertising metrics, asking, "How many of Facebook’s video views are engaged views?" The Journal notes that Google's YouTube waits 30 seconds to register a video view, while Facebook counts a view "more quickly." Reference Link
16:00 EDTFBOptions Update; May 21, 2015
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12:33 EDTWFCWells Fargo to add Financial Engines advice to platform, Reuters reports
Wells Fargo (WFC) plans to add Financial Engines' (FNGN) advice offering to the bank's retirement platform, according to Reuters, citing a Wells Fargo presentation. Shares of Financial Engines are up 7% following the report. Reference Link
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