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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:49 EDTHA, SKUL, STX, CLWR, ONE, AZZ, DISH, APOL, STZ, SOn The Fly: Pre-market Movers
UP AFTER EARNINGS/GUIDANCE: Seagate Technologies (STX), up 2.4%... Constellation Brands (STZ), up 4.3%... AZZ Inc. (AZZ), up 3%... ALSO HIGHER: Clearwire (CLWR), up 6.9% after DISH Networks (DISH) made an unsolicited offer for the company of $3.30 per share... Skullcandy (SKUL), up 5.4% after Bloomberg says share decline could make it a takeover target... DOWN AFTER EARNINGS: Apollo Group (APOL), down 9.5%... ALSO LOWER: Sprint (S), down 2.4% following DISH's unsolicited bid to buy Clearwire... Higher One (ONE), down 5.5% after downgrade to Sell at Goldman... Hawaiian Holdings (HA), down 2.1% after two notch downgrade to Underperform from Buy at Bank of America Merrill Lynch.
News For CLWR;S;DISH;STX;STZ;AZZ;SKUL;APOL;ONE;HA From The Last 14 Days
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January 26, 2015
09:47 EDTSTXSeagate says will be opportunistic with share buybacks
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09:19 EDTSTXOn The Fly: Pre-market Movers
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09:11 EDTSTXSeagate sees cloud market exhibiting relative strength in CY15
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08:05 EDTSTXSeagate reports Q2 EPS ex-items $1.35, consensus $1.35
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08:02 EDTAPOLApollo's Carnegie Learning approved by Texas for high school mathematics
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06:44 EDTSSoftbank awaiting Yahoo announcement on Alibaba, WSJ says
Yahoo's (YHOO) upcoming announcement regarding its 15% Alibaba (BABA) stake and 35.5% Yahoo Japan stake may affect Softbank's (SFTBF) plans for Alibaba, reports the Wall Street Journal's Digits blog, citing an SMBC Nikko analyst. Sprint (S)-owner Softbank has a 32% stake in Alibaba and a 43% stake in Yahoo Japan. Analysts say Softbank is unlikely to purchase Yahoo's shares in either company, though a Yahoo Japan buyback is "more plausible." Reference Link
06:31 EDTSCablevision to launch cheap mobile phone service, NY Times says
Cablevision (CVC) intends to unveil later today a cheap, Wi-Fi based mobile phone service, according to The New York Times. The first service of its kind to be introduced by a cable company, the offering will include unlimited data, talking and texting worldwide for $29.95 a month, or $9.95 a month for Cablevisionís Optimum Online customers, the newspaper stated. Incumbent wireless carriers include Verizon (VZ), AT&T (T), T-Mobile (TMUS), and Sprint ()S). Reference Link
January 23, 2015
14:57 EDTSTXSeagate technical notes before earnings
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09:04 EDTSSprint guarantees T-Mobile customers $200 minimum trade in value for smartphones
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January 22, 2015
19:40 EDTSGoogle's entrance into telecommunications may not be beneficial, Re/code says
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08:01 EDTSTXSeagate expands collaboration with Super Micro Computer
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07:56 EDTSTXBullish stance continues for Western Digital, Seagate, says Brean Capital
Brean Capital said it maintains its bullish stance on hard disk-drive makers Western Digital (WDC) and Seagate (STX), citing continued growth, margin expansion and ongoing multiple expansion. Brean Capital reiterates its Buy rating on both Western Digital and Seagate shares.
January 21, 2015
16:28 EDTSGoogle to launch phone service with Sprint, T-Mobile, The Information says
Google (GOOG, GOOGL) is expected to reach deals to buy wholesale access to Sprint (S) and T-Mobileís (TMUS) voice and data networks in order to sell mobile phone plans directly to customers, according to The Information, citing three people with knowledge of the plans. Google, which may put itself into competition with carrier leaders Verizon (VZ) and AT&T (T) with the new service, "seems likely" to launch the offering this year, according to the report. Reference Link
11:28 EDTDISHDISH found liable for 'tens of millions' of telemarketing violations by court
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January 20, 2015
19:27 EDTDISHDISH Slingbox, Hopper features upheld in copyright ruling
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16:05 EDTAZZAZZ Inc. sees FY16 EPS $2.75-$3.25, consensus $2.96
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06:24 EDTST-Mobile warns of unsustainable costs against cellphone giants, Re/code says
T-Mobile (TMUS) owner Deutsche Telekom (DTEGY) claims Verizon (VZ) and AT&T's (T) wealth makes true competition difficult, reports Re/code, citing statements made at Germany's DLD conference. Deutsche Telekom CEO Tim Hoettges stated the dominance of AT&T and Verizon allowed them to make huge bids at the latest midband spectrum auction to further their market lead. Hoettges also stated he was "intrigued" by last year's unsuccessful merger talks with Sprint (S), and warned that T-Mobile's $4B-$5B investment requirements per year are unsustainable. Reference Link
January 16, 2015
13:25 EDTAPOLManning & Napier Advisors reports 6.44% passive stake in Apollo Education
11:42 EDTSSprint announces expansion of Sprint Lease program
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10:12 EDTSSprint unit Virgin Mobile to offer no contract data sharing plans
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