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Stock Market & Financial Investment News

News Breaks
February 13, 2013
09:21 EDTRAX, GRPN, Z, RATE, ALB, RKUS, CLF, PPHM, TRLA, PRLB, GE, VG, CMCSAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Trulia (TRLA), up 15.6%... Vonage (VG), up 6.6%... Proto Labs (PRLB), up 9.5%... ALSO HIGHER: Comcast (CMCSA), up 7.1% after results, increased dividend, deal to buy-out NBC from GE (GE). Shares of GE up 2.8% after deal and increased share buyback plans... Zillow (Z), up 4.4% following better than expected report from peer Trulia... Peregrine Pharmaceuticals (PPHM), up 15.6% after reporting Phase II results for bavituximab for pancreatic cancer... Albermarle (ALB), up 6.1% after increasing dividend, expanding share buyback... Groupon (GRPN), up 7% following upgrade to Buy at Sterne Agee... LOWER AFTER EARNINGS AND DOWNGRADES: Cliffs Natural (CLF), down 14.3%, downgrades at Deutsche Bank, Citi and Macquarie... Bankrate (RATE), down 18.3%, downgrade at Citi... Rackspace (RAX), down 12.8%, downgrade at Stifel Nicolaus... Ruckus Wireless (RKUS), down 9.2%, downgrade at Needham.
News For CMCSA;GE;TRLA;VG;PRLB;Z;PPHM;ALB;GRPN;CLF;RATE;RAX;RKUS From The Last 14 Days
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August 24, 2015
09:18 EDTPPHMOn The Fly: Pre-market Movers
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05:13 EDTPPHMAstraZeneca to collaborate with Peregrine on cancer immunotherapy clinical trial
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August 23, 2015
16:22 EDTCMCSA'Straight Outta Compton' finds little contention for No. 1 box office spot
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August 21, 2015
17:02 EDTGEGeneral Electric completes sale of U.S. Sponsor Finance Business to CPPIB
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13:11 EDTCMCSAFly Watch: 'Straight Outta Compton' eyes second weekend at top spot
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10:02 EDTCLFOn The Fly: Analyst Initiation Summary
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08:22 EDTCLFCliffs Natural initiated with a Sell at Axiom
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August 20, 2015
08:02 EDTVGVonage to acquire iCore Networks for $92M
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08:01 EDTGEGE to provide CESP with 30MW battery energy storage system
GE announced it will provide Coachella Energy Storage Partners with a 30-MW battery energy storage system as part of CESP's supply contract with the Imperial Irrigation District. Representing GE's largest energy storage project to date, the plant will be located in California's Imperial Valley, approximately 100 miles east of San Diego. The facility will aid grid flexibility and increase reliability on the IID network by providing solar ramping, frequency regulation, power balancing and black start capability for an adjacent gas turbine. GE will provide CESP with an integrated energy storage solution, configured using GE's Mark* VI plant controls, GE Brilliance MW inverters, GE Prolec transformers, medium-voltage switchgear and advanced lithium ion batteries housed in a GE purpose-built enclosure. The plant will be operated by ZGlobal, an engineering collaborator with CESP, for the first 18 months, after which control will transfer to the IID. The deal marks GE's third project using lithium ion battery technology since expanding its portfolio in recent months. GE anticipates project construction will begin early next year, with commercial operation scheduled for the third quarter of 2016.
06:10 EDTCMCSAWeather Channel said to hire banks to explore sale, Bloomberg reports
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August 19, 2015
10:20 EDTCMCSABig telecom firms put M&A on hold, CTFN reports
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10:00 EDTCMCSAOn The Fly: Analyst Upgrade Summary
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09:13 EDTCMCSAComcast upgraded to Buy from Neutral at MoffettNathanson
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08:05 EDTGEGE Capital unit selected by Bush Hog for financing solutions
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August 18, 2015
16:49 EDTCMCSAOn The Fly: Top stock stories for Tuesday
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10:17 EDTCMCSADisney downgraded as Wells moves away from content providers
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09:32 EDTGEGE unveils $100M-plus washer investment in Louisville plant
GE announced an investment of $100M-plus in a new top load washer design and expanded manufacturing capability at its laundry plant in Louisville. This marks the largest laundry launch for GE in 20 years and is another example of the company's continued commitment to U.S. manufacturing.
08:06 EDTPRLBSentiment towards Proto Labs overly pessimistic, says Oppenheimer
Oppenheimer notes that Proto Labs' results have come in below its 25% sales growth/29% operating margin target over the last few quarters. The firm thinks that easy comparisons will help the company's progress towards its goals accelerate over the next few quarters. It believes that the company's margins and overall business have bottomed. The firm keeps a $95 price target and Outperform rating on the shares.
08:04 EDTCMCSABuzzFeed says NBCUniversal to make $200M equity investment in company
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08:00 EDTRATEBankrate reinstated with a Sell at Goldman
Target $9.
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