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Stock Market & Financial Investment News

News Breaks
May 28, 2014
08:16 EDTBCORBlucora increases share repurchase authorization
Blucora announced that its board has expanded the company’s repurchase authorization for the company’s common stock by $35M, bringing the total share repurchase authorization to $85M. The repurchase authorization term was also extended to May 21. Under the previous repurchase authorization, the company has repurchased 1.6M shares for $32M through May 23, including 1.2M shares for $22M during the 2Q14. The company has $53M remaining under the expanded repurchase authorization. Subject to applicable securities laws, the shares may be repurchased from time to time in the open market or in privately negotiated transactions. Such purchases will be at times and in amounts as the company deems appropriate, based on factors such as market conditions, legal requirements, and other corporate considerations.
News For BCOR From The Last 14 Days
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July 30, 2015
16:30 EDTBCORBlucora up 8.5% after reporting Q2 results, distribution agreement with Bing
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16:29 EDTBCORBlucora sees Q3 EPS (14c)-(6c), consensus (3c)
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16:28 EDTBCORBlucora reports Q2 EPS 48c, consensus 42c
Reports Q2 revenue $119M, consensus $119.01M.
16:27 EDTBCORBlucora subsidiary Infospace signs distribution agreement with Bing
Infospace, a subsidiary of Blucora, (BCOR), announced it has signed a deal to distribute Bing (MSFT) search results and advertising content through the Infospace network of Web search properties and partner websites on desktop and mobile. The three-year search and advertising agreement forms a partnership through July 31, 2018.

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