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Stock Market & Financial Investment News

News For BAC;CLF;C;DELL;AMZN;INTC;HPQ From The Last 14 Days
Check below for free stories on BAC;CLF;C;DELL;AMZN;INTC;HPQ the last two weeks.
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April 9, 2014
07:48 EDTCLFBofA/Merrill's steel analysts hold an analyst/industry conference call
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07:41 EDTBACBofA unit, Allstate dismiss toxic mortgage debt suit, Reuters says
Allstate (ALL) and Bank of America's (BAC) Countrywide unit have agreed to end a lawsuit stemming from $700M of toxic mortgage debt, according to Reuters, citing a court filing. Reference Link
07:28 EDTAMZNAmazon looking to court game developers for Fire TV, NY Post reports
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07:18 EDTCLevy Economics Institute to hold a conference
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07:00 EDTINTC, BACBofA, Intel fire 3K workers, leaving Costa Rica shocked, Bloomberg says
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06:48 EDTHPQSienkiewicz says HP to acknowledge 'corrupt' activities in Poland, Reuters says
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06:35 EDTC, BACRegulators increase leverage ratio requirement for large banks, NY Times says
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06:27 EDTC, BACBig banks must add capital to comply with new rules, WSJ reports
A of January 1, 2018, the U.S.'s eight largest banks -- including Citigroup (C), JPMorgan (JPM) and Goldman Sachs (GS) -- must add up to $68B in extra capital to comply with a new rule intended to help firms weather losses during periods of market stress, the Wall Street Journal. The banks will be required to maintain well above the minimum levels of capital held against assets on their books. Banks must report the new levels next year. Reference Link
06:20 EDTINTCIntel plans 1,500 job cuts in Cosa Rica, WSJ reports
Intel is planning to lay off about 1,500 employees in Costa Rica, the Wall Street Journal reports. The company will move longtime assembly and test operations in the country to three locations in Asia. The latest job cuts reduce Intel's workforce by about 1.4%. Reference Link
06:18 EDTCEgan-Jones, Glass Lewis oppose Citigroup's pay proposal, WSJ reports
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06:07 EDTAMZNRovi sell-off on patent ruling unwarranted, says Brean Capital
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06:01 EDTAMZNRovi sell-off on patent ruling a buying opportunity, says Piper Jaffray
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05:58 EDTHPQHP implied volatility of 27 at lower end of index mean range
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April 8, 2014
16:21 EDTAMZNOn The Fly: Closing Wrap
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16:01 EDTCApple Netflix Citigroup Tesla Banco Santander Alcoa
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15:02 EDTAMZNRovi issues statement in response to court ruling in Amazon case
The U.S. Court of Appeals issued its decision in Roviís (ROVI) patent infringement litigation against Amazon (AMZN). Rovi had sued Amazon for infringing the two patents at issue in the decision. The appeals court sided with Amazon and found that the District Courtís interpretation of the claims of the patents was correct and therefore Amazon did not infringe these patents. "We are disappointed by this decision," said Rovi executive VP Samir Armaly, worldwide intellectual property and licensing. "It should be noted that this decision relates to only two patents in our extensive portfolio. We believe that our portfolio is even more relevant to Amazon today and going-forward than when the present litigation began in early 2011. Since that time, Amazon has continued to expand its video and over-the-top offerings through new products like the recently announced Fire TV. As illustrated by various recent agreements, Roviís patent portfolio continues to be recognized by leading companies looking to deliver compelling video experiences across multiple screens. We plan to continue to pursue Amazon going-forward to take the necessary licenses under our patent portfolio, not only to protect our rights but also the rights of our existing licensees in this space."
11:48 EDTAMZNRovi down over 7% after appeals court ruling with Amazon
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11:25 EDTAMZNAppeals court upholds ruling that Amazon did not infringe Rovi patents
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11:07 EDTAMZNCourt rules Amazon.com did not infringe on Rovi patent, Bloomberg says
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09:35 EDTAMZN, CActive equity options trading on open
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