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Stock Market & Financial Investment News

News Breaks
December 19, 2012
15:05 EDTBBBY, ACN, JBL, PAYXCompanies reporting After the Market Close on Wednesday, December 19th
Notable companies reporting after the bell include Accenture (ACN), Bed Bath & Beyond (BBBY), Jabil Circuit (JBL) and Paychex (PAYX).
News For BBBY;ACN;JBL;PAYX From The Last 14 Days
Check below for free stories on BBBY;ACN;JBL;PAYX the last two weeks.
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April 22, 2014
08:51 EDTBBBYBed Bath & Beyond settles with NY AG over hiring practices
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April 21, 2014
10:01 EDTJBLOn The Fly: Analyst Downgrade Summary
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09:32 EDTJBLJabil Circuit downgraded at RBC Capital
As noted earlier, RBC Capital downgraded Jabil Circuit (JBL) to Sector Perform from Outperform. As reasons for the downgrade, the firm cited concerns about Jabil circuit's largest customer, Apple (AAPL), as well as its belief that Jabil's FY15 guidance appears to reflect a best-case scenario. Target to $20 from $21.
06:17 EDTJBLJabil Circuit downgraded to Sector Perform from Outperform at RBC Capital
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April 16, 2014
10:45 EDTBBBYOptions with decreasing implied volatility: BBBY INFY RAD FDO
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April 15, 2014
11:23 EDTACNInfosys falls after quarterly revenue trails estimates
Shares of Infosys (INFY), which consults on business information technology and systems integration, are falling after the company's fourth quarter revenue trailed analysts' consensus estimate. WHAT'S NEW: This morning, Infosys reported fourth quarter earnings per share of 85c and revenue of $2.09B, compared to expectations of 79c and $2.11B, respectively. The company's CEO and Managing Director, S. D. Shibulal, said he was pleased that Infosys was able to double its growth rate for the full year compared to last year, though added that its performance in the last quarter of of the fiscal year had been "disappointing." The company noted that Infosys and its subsidiaries added 50 clients during the quarter and 238 during the year. Infosys forecast FY15 revenue growth of 7%-9%, compared to consensus of $9.06B. WHAT'S NOTABLE: Infosys said its board had decided to increase the dividend pay-out ratio to up to 40% of post-tax profits effective FY14. Infosys' current policy is to pay dividends up to 30% of post-tax profits. OTHERS TO WATCH: Like Infosys, Wipro (WIT) is an IT services and software solution consultant headquartered in India. Others in the business consulting space include Cognizant Technology (CTSH), IBM (IBM) and Accenture (ACN). PRICE ACTION: In late morning trading, Infosys fell $3.49, or about 6.3%, to $52.09 on nearly twice its average daily trading volume. Shares of Cognizant were down about 0.75% to $48.12, while Wipro was up about 2.6% to $13.56.
10:18 EDTBBBYOptions with decreasing implied volatility: BBBY INFY STZ RAD
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April 14, 2014
10:58 EDTBBBYOptions with decreasing implied volatility: BBBY FDO STZ RAD
April 11, 2014
12:42 EDTBBBYOn The Fly: Analyst Downgrade Summary
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10:46 EDTBBBYOptions with decreasing implied volatility: MNKD QCOR NQ WWE BBBY

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