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Stock Market & Financial Investment News

News Breaks
June 6, 2014
11:47 EDTEBIX, EXPR, NLY, WFM, TSN, BRCM, LNCOOptions with increasing implied volatility
Options with increasing implied volatility: EBIX EXPR NLY WFM TSN BRCM LNCO HYG
News For EBIX;EXPR;NLY;WFM;TSN;BRCM;LNCO From The Last 14 Days
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August 27, 2014
11:23 EDTEXPRExpress rallies after results, levels to watch
The shares were last at $16.18, up 10.9%. That price is off the best levels of the day, last at $16.95. The big level to watch on the upside is the three-month high at $17.19. Unless the stock can break through that area, it will remain range-bound. The $17 level looks like hard overhead resistance for the time being. Support is at $15.88.
10:40 EDTEXPRExpress surges as Q2 earnings come in sharply higher than analysts predicted
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10:36 EDTEXPROptions with decreasing implied volatility
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09:34 EDTEXPRExpress hopes for modest improvement in merchandise margin in 2H14
09:27 EDTEXPRExpress anticipates 2H14 will deliver improved performance over 1H14
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09:22 EDTEXPROn The Fly: Pre-market Movers
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09:06 EDTBRCMBroadcom volatility at record lows
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07:43 EDTBRCMJefferies to hold a summit
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07:05 EDTEXPRExpress raises FY14 EPS view to 85c-95c, consensus 81c
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07:03 EDTEXPRExpress sees Q3 EPS 13c-18c, consensus 16c
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07:02 EDTEXPRExpress reports Q2 EPS 8c, consensus 0c
Reports Q2 revenue $481.4M, consensus $457.1M. Reports Q2 comparable sales decline 5%. Gross margin as a percentage of net sales declined 280 basis points compared to last year's second quarter and represented 28.3% of net sales.
August 26, 2014
15:36 EDTEXPRNotable companies reporting before tomorrow's open
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13:03 EDTTSNTyson Foods, Hillshire Brands announce extension of tender offer
Tyson Foods (TSN) and The Hillshire Brands Company (HSH) announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest, subject to any withholding of taxes required by applicable law and upon the terms and subject to the conditions set forth in the Offer to Purchase dated July 16. Pursuant to the Agreement and Plan of Merger, dated July 1, by and among Tyson, HMB Holdings and Hillshire Brands, the Offer, which was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Tuesday, August 26, has been extended until 12:00 midnight, New York City time, on Wednesday, August 27, unless it is extended further under the circumstances set forth in the Merger Agreement. All terms and conditions of the Offer shall remain unchanged during the extended period.
12:09 EDTTSNSanderson Farms tumbles after Q3 results fall short of expectations
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August 25, 2014
07:32 EDTEBIXEbix intends to repurchase $80M of shares over next 12 months
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August 24, 2014
21:56 EDTBRCMB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 21, 2014
12:24 EDTTSNHormel hits 52-week high after Q3 results beat estimates
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August 20, 2014
07:45 EDTEBIXEbix announces new headquarters, building purchase in Johns Creek Park
Ebix announced that it has purchased property in Johns Creek Technology Park which will serve as the company's new headquarters and corporate campus. Ebix purchased 11.6 acres of land and 100,000 sq. ft. of office space for $12.5M. As announced earlier, the company paid for the purchase using its own cash reserves in June. The company hopes to achieve cost and operational efficiencies while moving a few of its 25 offices into this one location while integrating multiple Atlanta offices into this prospective world-class campus. The company intends to do so, while creating a world-class work environment and facility that can serve as a showcase for presenting all its products and services under one roof. Johns Creek Technology Park, located in Fulton Co. and central to the city's business environment, is a master-planned, mixed use 1,900-acre community and home to leading technology-focused businesses and several Fortune 500 companies.
August 19, 2014
18:19 EDTTSNTyson, Hillshire announce extension of tender offer for shares of Hillshire
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August 18, 2014
07:37 EDTEBIXEbix partners with ANMF
Ebix announced that the Company's A.D.A.M. Health Content Division has executed a contract with the Australian Nursing and Midwifery Federation, or ANMF, to offer a range of health related continuing professional development, or CPD, courses to its members on an annual subscription basis. As a part of the partnership, the co-branded Ebix-ANMF Body System Training Room, or BSTR, has been launched as an educational web portal, to provide low cost subscription access to a range of continuing professional development, or CPD, courses covering anatomy and physiology, disease and disease management, and medical procedures. The eLearning courses are provided by A.D.A.M. OnDemand and offered to the ANMF's members, non-members and corporate clients who register for an annual subscription of CPD.
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