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Stock Market & Financial Investment News

News Breaks
February 12, 2014
11:07 EDTBID, EXPE, UBNTOptions with decreasing implied volatility: UVXY VIX BID EXPE UBNT
News For BID;EXPE;UBNT From The Last 14 Days
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July 23, 2014
11:24 EDTEXPEIndustry data points to strong Q2 for online travel names, says Piper Jaffray
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July 22, 2014
11:48 EDTEXPEStocks with call strike movement; EXPE ALXN
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09:03 EDTEXPEExpedia Q2 results should beat expectations, says Cantor
Cantor's checks point to relative strength in U.S. paid search on Expedia.com in 2Q, along with healthy growth in Hotels.com visitation and improving European room rates. The firm keeps an $82 price target and Buy rating on the shares.
July 18, 2014
14:29 EDTBIDSotheby's board approves restructuring plan, sees $13M related charge in Q3
Sotheby's disclosed in a regulatory filing that on July 16, 2014 the executive committee of the company's board of directors approved a restructuring plan principally impacting Sotheby's operations in the United States and the United Kingdom. The restructuring plan is the result of a strategic review conducted by management and will result in the reallocation of resources to collecting categories and regions with the highest growth opportunity in the future. The restructuring plan is expected to result in employee-related restructuring charges in the range of approximately $13M recognized in Q3 and the corresponding headcount reductions are expected to be fully implemented by the end of 2014. "Sotheby’s will provide specific guidance on the anticipated cost savings in due course; upon full implementation, management expects a net benefit to Sotheby’s cost base as a result of this restructuring plan and resource reallocation," the company said.
09:20 EDTEXPEExpedia checks point to potential Q2 upside, says FBR Capital
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06:39 EDTBIDSotheby's planning to lay off 'modest' number of global workforce, WSJ reports
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July 14, 2014
08:07 EDTBIDeBay Sotheby's confirm partnership plans
eBay (EBAY) and Sotheby’s (BID) announced a partnership to develop an innovative online platform that will make it easier for millions of people worldwide to discover, browse and acquire exceptional works of art, antiques and collectibles. eBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York. To accomplish this, eBay in the near future will be launching a newly-designed experience on its site, tailored for collectors of rare, unique and premium art and collectibles as well as first-time buyers. Sotheby’s will be the preeminent anchor tenant in the revamped marketplace, which will include a new live auction feature and real-time bidding from anywhere around the world. The Sotheby’s auctions will present 18 collecting categories. Going forward, the partnership will explore themed and time-based sales, as well as live auctions from Sotheby’s other global salesrooms. Evening Sales will not be included.
06:35 EDTBIDSotheby's, eBay to stream auctions, NY Times reports
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July 11, 2014
11:31 EDTUBNTOptions with increasing implied volatility
Options with increasing implied volatility: INO AEGR UBNT INVN WTW OREX GNC CREE SD SAN

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