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Stock Market & Financial Investment News

News Breaks
October 15, 2013
10:00 EDTSHCAY, TDW, EGN, MSFT, CSRE, VLO, TXI, ESI, MPC, TXN, CCOI, HFCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CSR (CSRE) upgraded to Neutral from Sell at UBS... Cogent (CCOI) upgraded to Buy from Neutral at Citigroup... ITT Educational (ESI) upgraded to Outperform from Market Perform at Wells Fargo... Microsoft (MSFT) upgraded to Buy from Hold at Jefferies... Texas Instruments (TXN) upgraded to Neutral from Negative at Susquehanna... Texas Industries (TXI) upgraded to Neutral from Negative at Susquehanna... Energen (EGN) upgraded to Overweight from Equal Weight at Barclays... Marathon Petroleum (MPC) upgraded to Focus List from Sector Perform at Howard Weil... Valero Energy (VLO) upgraded to Outperform from Sector Perform at Howard Weil... HollyFrontier (HFC) upgraded to Outperform from Sector Perform at Howard Weil... Tidewater (TDW) upgraded to Buy from Hold at Argus... Sharp (SHCAY) upgraded to Hold from Underperform at Jefferies.
News For CSRE;CCOI;ESI;MSFT;TXN;TXI;EGN;MPC;VLO;HFC;TDW;SHCAY From The Last 14 Days
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March 24, 2015
13:57 EDTMSFTMicrosoft partnering with Adobe on Project Spartan
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07:44 EDTSHCAYHon Hai Precision, Sharp to extend negotiations by one year, Nikkei says
Hon Hai Precision (HNHPF) and Sharp (SHCAY) will extend investment negotiations by one year though they remain "deeply divided" over a potential deal for Hon Hai to take a 9.9% stake in Sharp, reports The Nikkei. Talks began in 2012 but slowed after Sharp's shares fell below the agreed-upon price, notes The Nikkei. Reference Link
March 23, 2015
11:31 EDTMSFTMicrosoft and Samsung expand global partnership
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06:17 EDTSHCAYFoxconn chairman eyes investment in Sharp, WSJ says
Foxconn stated Saturday it will "explore investment and partnership opportunities" with Sharp, reports the Wall Street Journal, citing an interview with Foxconn chairman Terry Gou in Toyo Keizai. When asked for comment, Foxconn told the Journal that any investments in Sharp will be based on "whether Foxconn will have the right to participate in business management to realize the shared goal of achieving sustainable business growth." Gou stated he will make the company an offer as soon as March. Reference Link
06:00 EDTSHCAYSharp's investment in Oxide TFT LCD display may face competition, DigiTimes says
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March 22, 2015
17:07 EDTMSFTFTC disclosures embolden potential EU Google probe, WSJ says
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16:50 EDTSHCAYFoxconn continues exploring investment opportunities with Sharp, WSJ says
Taiwan based electronics assembler Foxconn said it continues to explore investment and partnership opportunities, which could include technology licensing, with Japanese electronics maker Sharp, says the Wall Street Journal. Reference Link
March 20, 2015
06:24 EDTSHCAYSharp not planning to spin off LCD business, Reuters reports
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06:04 EDTMSFTGlobal smartphone shipments to reach 1.4B units in 2015, DigiTimes Research says
Global smartphone shipments in 2015 is expected to increase 16.4% to reach 1.40B units, reports DigiTimes Research. The shipment growth is due to higher growth in demand in emerging markets including India, Southeast Asia and Latin America. Android (GOOG) will account for 78.5% of 2015 global smartphone shipments, Apple's (AAPL) iOS 16.6%, Microsoft (MSFT) Windows 4% and BlackBerry (BBRY) 0.6%.Reference Link
March 19, 2015
12:06 EDTMSFTMicrosoft, Fuji Xerox announce patent agreement
Fuji Xerox and Microsoft (MSFT) announced a broad patent cross-licensing agreement. Building on a 2007 cross-licensing pact, the agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each otherís patent portfolios and accelerate research and development, the companies said. Fuji Xerox is a 75-25 joint venture between FUJIFILM (FUJIY) and Xerox Corporation (XRX).
06:44 EDTSHCAYSharp to cut 6,000 employees, Reuters reports
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05:50 EDTMSFTMicrosoft, BlackBerry raises cooperation for software products, DigiTimes says
Microsoft and Blackberry have been increasing their cooperation with other companies to promote sales of software platforms and related services, reports DigiTimes. According to industry sources, the new eefforts come after their global smartphone market edge dropped 2.8% and 0.6%, respectively. Reference Link
March 18, 2015
10:01 EDTMSFTPolycom and Microsoft announces new series of video collaboration solutions
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09:03 EDTMSFTMicrosoft price target lowered to $46 on rising headwinds at Morgan Stanley
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07:33 EDTESIITT Educational receives notice from NYSE on late filing status
ITT Educational Services announced that it did not file its Annual Report on Form 10-K for the fiscal year ended December 31, 2014 on or before the due date of March 16, 2015. The company has received a notice from the NYSE that the company is subject to the NYSE's procedures under its timely filing criteria as a result of the company's failure to file the 2014 Form 10-K by the due date. Under NYSE rules, the company has six months from March 16, 2015 to file the 2014 Form 10-K. Until the company files the 2014 Form 10-K and all other periodic reports with subsequent due dates, its common stock will remain listed on the NYSE under the symbol "ESI," with a "LF" indicator to signify late filing status. The company can regain compliance with the NYSE listing standards during the six-month period once it files the 2014 Form 10-K with the SEC, but only if it has also filed all other periodic reports with subsequent due dates. The company is still evaluating the full impact of the consolidation of the 2009 Entity on these matters, and therefore cannot provide any assurance that the consolidation of 2009 Entity will not have a material negative impact on these matters, which could result in a material adverse effect on the company's results of operations, financial condition and/or cash flows. Further, the company did anticipate that it may be in noncompliance with certain covenants under its financing agreement.
07:03 EDTMSFTSonus transitions enterprises to Microsoft Skype for business
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06:34 EDTTXNTexas Instruments 2015 estimates have upside, says Citigroup
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05:23 EDTMSFTQihoo 360 announces partnership with Microsoft
Qihu 360 (QIHU) announced a partnership with Microsoft (MSFT) to bring Windows 10, for free, to its customers in China through seamless upgrades. Qihu 360 will enable the Windows 10 upgrade with just a few clicks for their customers with accelerated download speeds. As a result, millions of Qihu 360 users will be able to upgrade to Windows 10 quickly and easily.
05:22 EDTMSFTMicrosoft announces strategic partnership with Tencent
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05:21 EDTMSFTMicrosoft announces Windows 10 to launch this Summer in 190 countries
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