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Stock Market & Financial Investment News

News Breaks
March 8, 2013
14:38 EDTDELL, P, KR, SPLS, AEOMarket poised to finish week higher as Dow keeps setting new record highs
Stocks are set to end the week higher after the Dow surpassed its all-time record high and investors received some good news about the global economy... MACRO NEWS: The Fed's Beige Book stated that consumer spending and manufacturing had expanded in most areas in recent weeks, as the economy continued to grow at a moderate pace. The domestic labor picture also looked to be improving as the U.S. economy added many more nonfarm jobs than expected last month, the government reported today. Meanwhile, the light at the end of the tunnel brightened in Europe, as ECB President Mario Draghi said that the E.U.'s economy "should gradually recover" later this year... COMPANY NEWS: The Fed announced that all of the large financial institutions it had subjected to stress tests had passed those tests, with the exception of Ally Financial... Billionaire investor Carl Icahn proposed that Dell (DELL) pay a $9 per share dividend if its shareholders reject the company's going-private transaction. Icahn has reportedly obtained a stake of about 6% in the company... Internet music platform Pandora (P) and supermarket chain Kroger (KR) reported stronger than expected quarterly results, while Staples (SPLS) and American Eagle (AEO) declined following their disappointing quarterly reports.
News For DELL;P;KR;SPLS;AEO From The Last 14 Days
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October 20, 2014
07:24 EDTPPandora expected to meet/beat high-end of Q3 guidance, says Wedbush
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October 17, 2014
10:43 EDTAEOUrban Outfitters slumps after warning on continued retail sales weakness
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10:31 EDTPPandora calls active on renewed speculation of an activist investor
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10:20 EDTPPandora spikes higher, levels to watch
Shares are up 3% to $22.70 on a sharp spike in the last ten minutes. At current price resistance is at $23.23. Support is at $22.45, the opening price of the day.
10:16 EDTPRumor: Pandora moves up on renewed speculation of an activist investor
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October 16, 2014
17:10 EDTAEOAbercrombie & Fitch, American Eagle lower after Urban Outfitters warns on sales
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October 15, 2014
10:50 EDTPPandora November volatility elevated into Q3 and outlook
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07:32 EDTDELLUBM Canon to hold a conference
PLASTEC Midwest Conference is being held in Chicago on October 15-16.
October 13, 2014
07:22 EDTPSony/ATV could ditch licensing firms due to streaming dollars, NY Post reports
Sony/ATV Music Publishing (SNE) is considering no longer dealing with performance rights groups BMI and ASCP, and instead negotiating directly with online music services like Pandora (P), YouTube (GOOG) and Spotify due to outdated rules and low royalties, the New York Post reports. Reference Link
October 9, 2014
14:10 EDTPShazam, Sun Broadcasting to launch customized, interactive radio content
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10:50 EDTAEOGap falls after announcing CEO Murphy will step down, weak September sales
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09:41 EDTSPLSBofA/Merrill retail analysts hold an analyst/industry conference call
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08:02 EDTPPandora announces new auto partnership with Ford Australia
Pandora (P) Internet Radio has officially announced its partnership with Ford (F) Australia. The launch, effective across a range of nameplates including Fiesta ST and Focus ST and Ford Kuga line up, will continue to roll out across other Ford nameplates including the Fiesta, Focus, Ranger and Transit range by early 2015. Pandora locally also partners with Holden and Mazda, and will soon be released on new model Nissans (NSANY).
07:29 EDTPPandora 2016 EBITDA likely to beat consensus, says Oppenheimer
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October 7, 2014
07:59 EDTKRWhole Foods prices 13%-30% higher than peers, says Jefferies
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October 6, 2014
08:33 EDTSPLSRevolution Lighting sees Q3 revenue to exceed $26M vs $5.3M last year
Revolution Lighting (RVLT) provided a business update for Q3. Revenue in Q3, which includes the recently completed Value Lighting acquisition, is expected to exceed $26M, as compared to $5.3M last year. Q3 revenue exceeded 2Q14 revenue by approximately 50%. The Ccompany expects to achieve positive adjusted EBITDA in Q3 and continued positive adjusted EBITDA in Q4 while becoming cash flow positive in Q4. The company reiterates that 2H14 revenue is expected to be in the $55M-$60M range. The company said, "Our previously announced plan to sell our LED products through Staplesí (SPLS) Quill online stores is in place but has been delayed. We are working towards completion of the software implementation process and expect to be listed on the Quill online site in Q4."
07:13 EDTPMobile Marketing & Technology Magazine to hold a conference
Mobile Payments Conference is being held in Chicago on October 6-8.

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