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Stock Market & Financial Investment News

News Breaks
December 7, 2012
13:41 EDTC, AAPL, T, AKAMMarket poised to end week little changed as fiscal cliff fears continue
Stocks are set to end the week little changed as continued fears over the fiscal cliff kept the market range bound. MACRO NEWS: House Speaker John Boehner said earlier today that little progress had been made on fiscal cliff negotiations, even though some Republicans earlier in the week signaled that they could be open to tax rate increases demanded by President Obama... More jobs than expected were added to the economy in November, and the unemployment rate dipped to 7.7% from 7.9%, but investors seemed unimpressed by the data. One reason for the skepticism was that declines in the labor participation rate were the main cause of the drop in unemployment. COMPANY NEWS: Citigroup (C) said it would lay off 11,000 people, and, as a result, take a $1B pre-tax charge this quarter. The bank expects to save $900M in 2013 and $1.1B each year beginning in 2014 due to the layoffs... Apple's (AAPL) stock is set to finish much lower again this week. A number of hypotheses were made in an attempt to explain the weakness. Weak smartphone sales by AT&T (T) in October and November and technical milestones reached by the shares were two of the more popular explanations... On a positive note, Internet content delivery company Akamai (AKAM) jumped after announcing an alliance with AT&T.
News For C;AAPL;T;AKAM From The Last 14 Days
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October 12, 2014
13:03 EDTCBanks agree on derivatives procedures for future crisis scenario, WSJ says
Meeting at the Federal Reserve in Washington, top banking executives from 18 large U.S., European and Japanese banks agreed in principle to wait up to 48 hours before seeking to terminate derivatives contracts and collect associated payments from a troubled financial institution, says the Wall Street Journal. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
October 10, 2014
17:57 EDTAAPLGT Advanced calls Apple demands 'burdensome, oppressive,' Bloomberg reports
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17:14 EDTAAPLMarket ends week lower amid global growth worries
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16:02 EDTAAPLActionable Options for Friday, October, 10
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15:30 EDTAAPLApple, Bose settle patent infringement litigation, CNBC reports
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10:12 EDTAAPLApple to remove Bose products from retail stores, MacRumors reports
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09:38 EDTC, AAPLActive equity options trading on open
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07:39 EDTAAPLApple underappreciated but Icahn estimates aggressive, says UBS
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07:08 EDTAAPLApple given at least 3 days to block info in GT bankruptcy case, Reuters says
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07:04 EDTAAPLAmazon in talks to join digital locker for movies. WSJ reports
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October 9, 2014
17:28 EDTCCitigroup not hit by hacking incident, CNBC reports
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17:09 EDTAAPLApple upside potential is 'significant', Barron's says
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16:25 EDTAAPLOn The Fly: Closing Wrap
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16:00 EDTAAPL, COptions Update; October 9, 2014
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14:32 EDTAAPLIcahn says never discussed Netflix with Tim Cook
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14:23 EDTAAPLIcahn says expects a short squeeze on Apple
Carl Icahn is speaking on Bloomberg TV.
14:16 EDTAAPLIcahn says Apple is an 'ecosystem', represents secular change in market
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13:52 EDTCAttorney General announces agreement with Citi to return $16M to customers
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12:39 EDTAAPLIcahn says will never have proxy fight with Apple
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12:30 EDTAAPLOn The Fly: Midday Wrap
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