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Stock Market & Financial Investment News

News For BBY;SAM;CLWR;S;CVS;RIGL;ENDP;YELP;AAPL From The Last 14 Days
Check below for free stories on BBY;SAM;CLWR;S;CVS;RIGL;ENDP;YELP;AAPL the last two weeks.
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May 12, 2013
18:49 EDTAAPLABC app to let users live stream local programming, NYT says
ABC, a unit of the Walt Disney Company (DIS), will unveil the "live" function for its app for iPhones (AAPL) and iPads, allowing users around New York and Philadelphia to live stream all the programming from ABC’s local stations there, says the New York Times. Reference Link
May 11, 2013
14:26 EDTAAPLPentagon expects to give clearance for Apple mobile devices, Bloomberg says
The U.S. Defense Department plans to give clearance for Apple mobile devices for use on its networks early next week, says Bloomberg, citing a Pentagon spokeswoman. Reference Link
13:39 EDTSSoftbank says Dish-Sprint deal poor match, Bloomberg reports
The CEO of SoftBank (SFTBF) Masayoshi Son criticized the concept of Dish Network's (DISH) offer to buy Sprint Nextel (S), saying the satellite company would be a poor fit for a wireless carrier, while the synergies of a SoftBank-Sprint deal will result in significant cost savings. Reference Link
May 10, 2013
17:16 EDTCLWR, SCrest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed.
16:59 EDTENDPEndo Health says FDA denial could cut FY13 adjusted EPS by 55c
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16:01 EDTAAPLOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
15:45 EDTENDPEndo Health trading halted, pending news
15:44 EDTENDPEndo Health denied petition to block Opana ER generics
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12:17 EDTCLWR, SISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
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11:31 EDTBBYStocks with call strike movement; FLSR BBY
First Solar (FSLR) June 60 call volatility decreased 2% to 58, Best Buy (BBY) June 28 up 2% to 60 call option implied volatility decreased 2% to 52 according to IVolatility.
09:38 EDTAAPLActive equity option families trading
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09:23 EDTCLWR, SSprint says ISS recommends Clearwire shareholders vote in favor of merger
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08:03 EDTAAPLLenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports
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07:09 EDTSDish gets Jefferies Group financing in Sprint bid, Bloomberg reports
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07:08 EDTSESPN considers subsidizing wireless data plans, WSJ reports
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07:07 EDTAAPLApple margin decline concerns overblown, says Piper Jaffray
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06:10 EDTSOn the Fly: Periodicals Wrap-Up
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May 9, 2013
18:12 EDTCLWR, SSoftbank CEO says Sprint takeover to offer pricing advantage, WSJ reports
In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link
16:52 EDTENDPBDSI's Phase 3 trials for BEMA Buprenorphine to finish late 2013 or early 2014
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16:44 EDTENDPBlue Ridge Capital reports 5.98% passive stake in Endo Health
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