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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:08 EDTCSCO, MSFT, IBM, HPQ, ORCLCisco CEO predicts 'brutal' consolidation coming at top of IT ranks, BI reports
Cisco (CSCO) CEO John Chambers predicted the environment of rapid change will bring about a "brutal, brutal consolidation of the IT industry," adding that "only two or three" of the top five companies in the space will "be meaningful" in as soon as five years from now, reported Business Insider. The industry peers Chambers pointed to were IBM (IBM), HP (HPQ), Microsoft (MSFT), and Oracle (ORCL), though he didn't make any forecast about which of those will slip from prominence, according to the report. Reference Link
News For CSCO;MSFT;IBM;HPQ;ORCL From The Last 14 Days
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October 15, 2014
08:04 EDTHPQHP resumes share repurchase program under current authorization
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08:03 EDTHPQHP announces resumption of share buyback program
06:39 EDTMSFTChina's reponse to Xbox One 'chilly,' Business Insider reports
Sales of Microsoft's Xbox One in China began nearly two weeks ago, and signs indicate that the response has been "chilly," Business Insider reports. Reference Link
06:32 EDTMSFT, HPQTablet supply chains expect lagging orders in Q4, DigiTimes reports
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06:15 EDTCSCOCisco lays off 900 in San Jose area, Silicon Valley Business Journal says
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06:14 EDTHPQHP, EMC halt merger agreement discussions, Reuters says
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October 14, 2014
15:24 EDTIBMIBM, SAP partner to accelerate Enterprise Cloud adoption
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09:25 EDTMSFTMicrosoft may want to consider split, says BGC Financial
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07:47 EDTHPQHP awarded $50M Medicaid contract extension by Massachusetts
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06:46 EDTMSFTFirm indicates vulnerability in Microsoft Windows used by Russian hackers
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06:32 EDTMSFTMicrosoft says hit 1M registrants to test Windows 10 preview version
Microsoft says on its Windows blog that it hit 1M registrants for the Windows Insider Program to test the preview version of Windows 10. The company says it has received 200,000 items of user feedback. Reference Link
October 13, 2014
16:33 EDTMSFTMicrosoft and Salesforce.com unveil new joint solutions
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16:04 EDTMSFTSkullcandy announces two ASTRO headsets compatible with Xbox One
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13:10 EDTMSFTGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
11:46 EDTHPQHP nears six-month lows, levels to watch
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09:23 EDTHPQHP could buy lower valuation company, says Bernstein
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09:21 EDTHPQOn The Fly: Pre-market Movers
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09:09 EDTMSFTMicrosoft Q1 results likely to beat expectations, says Bernstein
Bernstein believes that Microsoft's cloud business continues to grow, and it expects adoption of the company's cloud products to accelerate this quarter. The firm reiterates a $56 price target and Outperform rating on the shares.
07:15 EDTMSFTNational Association of Corporate Directors to hold a conference
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October 12, 2014
17:20 EDTCSCOGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
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