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Stock Market & Financial Investment News

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August 24, 2014
04:55 EDTCVS, CVS, UNH, UNH, GOOG, GOOG, WMT, WMT, COTY, COTY, TGT, TGT, FDO, FDO, WAG, WAG, RAD, RAD, PG, PGNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
News For CVS;RAD;WAG;FDO;TGT;COTY;WMT;GOOG;UNH;PG From The Last 14 Days
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May 13, 2015
11:47 EDTCVSCVS Health says to pay $22M in settlement with DEA, USAO
CVS Health said in a regulatory filing that it has entered into an agreement with the U.S. Attorney’s Office for the Middle District of Florida and the U.S. Drug Enforcement Administration to resolve previously-disclosed allegations relating to the dispensing of certain controlled substances in Florida. CVS Health agreed to pay $22M and the settlement resolves all civil matters between the Company and the DEA in the state of Florida. This payment amount has been fully accrued for in prior fiscal periods.
08:00 EDTGOOGGoogle fight with EU over 'right to forget' may end up back in court, WSJ says
Google has set up a detailed process to comply with the European Union's "right to forget" rules and removed hundreds of thousands of links in search results for people's names from the European versions of its search engine, but European regulators argue that the company is undermining the decision by not applying it globally, reported The Wall Street Journal. Google says it wants to avoid seting a precedent that one region can set global rules for the Internet and the fight may end up back in court, the report added. Reference Link
07:06 EDTWMTAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
06:11 EDTGOOGBoeing ends work on only small satellite program, WSJ reports
Boeing is no longer working on a program for HySpecIQ, a private equity-backed startup, which had ordered two Boeing 502 Phoenix satellites that were expected to be launched in 2018, The Wall Street Journal reports. Boeing has ended work on the imaging spacecraft, its only small satellite order, due to the downturn in the natural resources market, the publication adds.
May 12, 2015
11:47 EDTGOOGYouTube's engineering head Panchapakesan dies, Re/code reports
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09:14 EDTGOOG, WMTApps World to hold a conference
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08:27 EDTWMTU.S. Chamber of Commerce to hold a summit
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07:00 EDTGOOGPublishers contend with Facebook clout as traffic-driving power grows, WSJ says
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06:53 EDTGOOGGoogle sees India business doubling every year, Economic Times says
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06:07 EDTGOOGGoogle's Urmson: Self-driving cars not the cause of accidents, Medium reports
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06:04 EDTGOOGGoogle's self-driving cars in three collisons since September, AP reports
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May 11, 2015
19:05 EDTGOOGFacebook tests in-house search engine, WSJ says
Facebook (FB) is testing a feature within its app that allows users to search for previously-shared links, reports the Wall Street Journal's Digits blog, citing spokesperson statements. "We’re piloting a new way to add a link that’s been shared on Facebook," said a company spokesperson. The Journal notes that the feature could give Facebook an information edge over search engine leader Google (GOOG). Reference Link
11:03 EDTGOOGLionsgate, Google Play partner on 'The Mad Men Experience'
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09:01 EDTTGTLowe's acquires leases of 13 former Target stores in Canada
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07:40 EDTCVS, UNHFocus on Vertex will shift to pricing after Orkambi FDA meeting, WSJ says
An FDA advisory committee that meets Tuesday to decide whether to recommend approval of Vertex’s Orkambi will be closely watched by health insurers and pharmacy-benefit managers concerned that the experimental cystic-fibrosis drug will be high-priced, said The Wall Street Journal. Vertex hasn’t announced a price, but analyst at JPMorgan predict the drug will have a wholesale price of about $287,000 annually per patient. Publicly traded PBM owners include Catamaran (CTRX), which is being acquired by UnitedHealth (UNH), CVS Health (CVS) and Express Scripts (ESRX). Reference Link
07:13 EDTUNHUnitedHealth management to meet with UBS
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06:11 EDTGOOGStudy: Jet.com has lower prices than Amazon '94% of the time,' WSJ reports
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May 10, 2015
20:07 EDTPGCVC, Advent prepare bids for Procter & Gamble haircare unit, Sunday Times says
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17:45 EDTTGTJudge allows $19M Target data breach settlement to move ahead, Reuters says
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14:12 EDTWMTWhole Foods stock unlikely to outperform in near-term, Barron's says
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