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Stock Market & Financial Investment News

News Breaks
June 18, 2014
12:33 EDTADBE, BBRY, LZB, FDX, CAG, AMZNOn The Fly: Midday Wrap
Stocks opened slightly lower this morning and then moved back and forth across the flat line a couple of times in a narrow range. Investors are in a holding pattern, typical for a day when the FOMC rate decision is expected. Investors will be waiting to see if the Fed has any change in policy including the timing of any change in bond buying tapering or interest rate increases. As the European markets closed, the market has drifted to the downside with all three major equity indices slightly lower. ECONOMIC EVENTS: The U.S. MBA mortgage market index sank 9.2% in data released earlier, along with a 4.7% drop in the purchase index and a 12.7% dive in the refinancing index for the week ended June 13... The EIA inventory data showed a 600k barrel fall in crude stocks. The street had been expecting a 1/0 M barrel decrease. COMPANY NEWS: BlackBerry (BBRY) announced that the Amazon (AMZN) Appstore will be available with the launch of the BlackBerry 10.3 operating system this fall, greatly expanding app and game access to BlackBerry customers. MAJOR MOVERS: FedEx (FDX) is up 4.85% after the company reported Q4 earnings and giving FY15 guidance... Adobe Systems (ADBE) is up 7.23% after the company reported Q2 earnings and gave Q3 guidance... ConAgra (CAG) is down 7.67% after the company cut its EPS outlook for Q4... La-Z-Boy (LZB) is down 8.41% after the company reported Q4 earnings last night. INDEXES: Near noon, the Dow was down 34.55, or 0.21%, to 16,773.94; the Nasdaq was down 6.45, or 0.15%, to 4,330.78; and the S&P 500 was down 1.12, or 0.06%, to 1,940.87.
News For BBRY;AMZN;FDX;ADBE;CAG;LZB From The Last 14 Days
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August 20, 2015
06:05 EDTAMZNAmazon Web Services to open data support center in London, Financial Times says
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05:56 EDTAMZNGoogle Express to shut down two California delivery hubs, Re/code says
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August 19, 2015
19:52 EDTLZBLa-Z-Boy price target, estimates raised at Barrington
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13:09 EDTBBRYLeaked photo shows BlackBerry's Android phone with keyboard, BGR reports
A leaked photo shows BlackBerry's upcoming phone based on the Android operating system will have a keyboard that slides out of the bottom, BGR reports. Reference Link
07:42 EDTAMZNPhoenix Amazon warehouse evacuated due to chemical leak, ABC15 says
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August 18, 2015
18:32 EDTLZBOn The Fly: After Hours Movers
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18:06 EDTAMZNAmazon tests 'Flex' package pickup service, GeekWire says
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16:12 EDTLZBLa-Z-Boy reports Q1 EPS 27c, consensus 21c
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16:00 EDTAMZNAmazon workplace policies making U.K. staff physically ill, Guardian says
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14:51 EDTLZBNotable companies reporting after market close
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14:00 EDTLZBLa-Z-Boy technical comments ahead of results
The shares have largely traded within a range of $25 at the low and $28 at the high since December of last year. With a basing this long in development, breaks of either end of the range take on more importance. Breakouts or breakdowns of long-term ranges generally exhibit stronger price reactions. With price near the top of the range ahead of news, a breakout above $28 on strong bullish news seems probable. Such a breakout would resolve the range bullishly. Resistance levels to watch as potential upside objectives would be at $28.48, $30.23, and $31.22. If the news is bearish surprise, a test to the range low would be possible. It would take a major surprise however to break that range low. Support below $25 is at $24.49 and $23.93.
06:39 EDTFDX, AMZNUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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August 17, 2015
16:53 EDTAMZNOn The Fly: Top stock stories for Monday
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13:09 EDTCAGConAgra names Darren Serrao Chief Growth Officer
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11:10 EDTAMZNAmazon's Jay Carney defends company, CBS News reports
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09:56 EDTAMZNLiberty Interactive CEO says to stay 'far away' from Amazon's business model
07:39 EDTBBRYTMC to hold a conference
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06:21 EDTAMZNAmazon's Bezos "doesn't recognize" NYT's Amazon, Re/code reports
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06:13 EDTAMZNAmazon's uses harsh workplace practices to reach creative goals, NYT says
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06:09 EDTAMZNAmazon CEO hails U.K.'s approach to drones, FT reports
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