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Stock Market & Financial Investment News

News Breaks
November 16, 2012
09:27 EDTEAGL, BBYGlobal Eagle Acquisition says Dave Davis to be CFO of combined business
Global Eagle Acquisition Corp. (EAGL) announced that Dave Davis, former chief financial officer of Northwest Airlines Corporation and US Airways Group and current director of Row 44, will join the company as VP and Chief Financial Officer upon closing of its proposed business combination transaction in which Global Eagle will acquire Row 44 and 86% of the issued and outstanding shares of Advanced In-flight Alliance. Global Eagle Acquisition Corp. will be renamed Global Eagle Entertainment Inc. upon the closing. Prior to the closing of the business combination, Davis will serve as Chief Financial Officer of Row 44. Davis served as Senior Vice President, Enterprise Finance, at Best Buy (BBY).
News For EAGL;BBY From The Last 14 Days
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October 31, 2014
12:45 EDTBBYOn The Fly: Midday Wrap
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08:13 EDTBBYGoPro lack of international growth a concern, says Citigroup
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October 30, 2014
09:47 EDTBBYBest Buy upgraded to Outperform from Peer Perform at Wolfe Research
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08:54 EDTBBYWal-Mart considers matching online prices from Amazon for holidays, WSJ says
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06:04 EDTBBYMCX says unauthorized parties obtained email addresses of CurrentC participants
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October 29, 2014
07:53 EDTBBYMCX member stores block Apple Pay amid threat of fines, NY Times says
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October 28, 2014
06:38 EDTBBYApple says Apple Pay in 220,000 locations already, Business Insider reports
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October 27, 2014
07:15 EDTBBYWal-Mart, Best Buy among companies rejecting Apple Pay, Business Insider says
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October 24, 2014
08:24 EDTBBYBofA/Merrill turning more positive on Best Buy
BofA/Merrill said it is turning more positive on Best Buy and raised estimates and its price target to $40 from $36 ahead of the Q3 report in November. The firm cites strong iPhone 6 sales and other new products for driving an increase in its Q3 comp forecast and expects the company to achieve its $1B cost savings target. BofA/Merrill expects steady margin expansion and shares repurchases to resume in 2015, which will add to earnings growth. Shares are Buy rated.
October 22, 2014
10:12 EDTBBYBest Buy calls active, reiterated as a top pick ahead of holiday’s at Barclays
Best Buy October weekly 32, November 34 calls are active on total call volume of 3K calls (1K puts). October weekly call option implied volatility is at 49, November is at 44, December is at 42; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions for large near term upside price movement after reiterated as a top pick ahead of holiday season at Barclays.
08:36 EDTBBYBest Buy reiterated as a top pick ahead of holiday season at Barclays
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