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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:06 EDTEA, EBAY, MSFTElectronic Arts names Ken Moss as Chief Technology Officer
Electronic Arts (EA) announced on its website that it has named Ken Moss as its Chief Technology Officer. As CTO, Ken will lead the organization, strategy and vision for EA’s Digital Platform and Information Technology divisions. Moss comes to EA most recently from eBay (EBAY), where he led the Marketplace Technology, Science and Data global organization. He is a 20-year veteran of Microsoft (MSFT), where he founded and led the engineering and product teams on Search -- which later became Bing -- and played an important role in Microsoft’s transition to large-scale services. Reference Link
News For EA;EBAY;MSFT From The Last 14 Days
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July 14, 2014
08:34 EDTMSFTPC market stability could be short-lived, Reuters says
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08:07 EDTEBAYeBay Sotheby's confirm partnership plans
eBay (EBAY) and Sotheby’s (BID) announced a partnership to develop an innovative online platform that will make it easier for millions of people worldwide to discover, browse and acquire exceptional works of art, antiques and collectibles. eBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York. To accomplish this, eBay in the near future will be launching a newly-designed experience on its site, tailored for collectors of rare, unique and premium art and collectibles as well as first-time buyers. Sotheby’s will be the preeminent anchor tenant in the revamped marketplace, which will include a new live auction feature and real-time bidding from anywhere around the world. The Sotheby’s auctions will present 18 collecting categories. Going forward, the partnership will explore themed and time-based sales, as well as live auctions from Sotheby’s other global salesrooms. Evening Sales will not be included.
07:48 EDTMSFTQuantum computer company D-Wave may come public, FT says
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06:35 EDTEBAYSotheby's, eBay to stream auctions, NY Times reports
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06:08 EDTMSFTMicrosoft confirms plans to discontinue MapPoint, Streets & Tips
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06:06 EDTEBAYeBay downgraded to Sector Perform from Outperform at Pacific Crest
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06:05 EDTMSFTMicrosoft to expand coverage of free Windows licensing, DigiTimes reports
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July 11, 2014
11:57 EDTMSFTMicrosoft acquires InMage, terms not disclosed
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10:49 EDTEBAYeBay breaks out of downtrend, levels to watch
There has been a distinct downtrend in the name from the highs of March down to the lows of June. After a brief period of basing the shares are breaking out from that downtrend resistance line. At the current price of $51.59, next resistance is at $52.33 which was a recent pivot high on a closing basis. Support is at $50.94.
06:23 EDTEBAYChannelAdvisor reports Amazon June SSS up 34.4%, eBay up 12.3%
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July 10, 2014
10:22 EDTMSFTMicrosoft CEO prepares reshaping plans
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06:29 EDTMSFTMicrosoft, Vitalwerks settle lawsuit, WSJ reports
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06:26 EDTMSFTTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:18 EDTMSFTIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
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06:00 EDTEBAYeBay repatriated cash likely to be used for M&A, says Piper Jaffray
Piper Jaffray believes a large part of the $9B in cash eBay expects to repatriate to the U.S. will be used for acquisitions in the payments space. The cash, equating to $6B net of taxes, could help eBay take advantage of the shift to mobile payments, the firm says. Piper lists Square, VeriFone (PAY), iZettle and Corduro as companies in the payment space that are within acquisition range for eBay. The firm has an Overweight rating on eBay with a $63 price target.
July 9, 2014
11:00 EDTMSFTWells says VMware growth could slow, downgrades shares
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08:31 EDTMSFTVMware CEO sees EMC helping it remain independent, WSJ reports
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08:24 EDTEBAYeBay July volatility elevated into Q2 and PayPal outlook
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06:36 EDTMSFTMicrosoft warns of support deadlines for Windows 7
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06:24 EDTMSFTGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
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