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Stock Market & Financial Investment News

News Breaks
April 20, 2012
08:03 EDTCARBCarbonite should be bought on any weakness from resignation, says JPMorgan
JPMorgan recommends buying shares of Carbonite on any weakness from news of co-founder Jeff Flowers' resignation. The firm believes the move had been expected internally for some time and reiterates an Overweight rating on the stock.
News For CARB From The Last 14 Days
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May 14, 2015
09:29 EDTCARBCarbonite announces $20M share repurchase program
Carbonite announced that its board has authorized a share repurchase program for up to an aggregate of $20M of the company's outstanding common stock. Pursuant to the stock repurchase program, which is designed to return value to Carbonite's shareholders, the company will repurchase shares from time to time on the open market or in privately negotiated transactions beginning on May 15, 2015 and continuing through May 15, 2018.

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