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Stock Market & Financial Investment News

News Breaks
June 24, 2014
15:50 EDTEIGI, GOOGEndurance sees Google involvement in web domains to benefit industry
Endurance International (EIGI) commented on the announcement that Google (GOOG) is testing a new domain service, stating in part: "Endurance is a Google partner and sees the active involvement by Google in stimulating interest in and distribution of web domains as a benefit to the industry. Endurance expects Google’s new initiative to stimulate demand for hosting and web presence solutions by increasing the number of domains that are created and actively used. Endurance focuses its business on providing these hosting and web presence solutions, which are aimed at helping businesses succeed online, and which can include such elements as security, back-up, eCommerce, and online marketing assistance. Endurance typically leads with such solutions in on-boarding new subscribers, and hosting solutions generally include one year’s free access to a domain. While Endurance offers domains, it also provides web solutions for domains registered with other providers." Endurance noted that the company and Google have worked together since 2013 through Google’s Get Your Business Online program, which provides small businesses with a customized domain name, an easy-to-build website, and presence on Google Maps and on Google+. Endurance is the hosting provider for this program and also offers additional web presence products. Endurance CEO Hari Ravichandran said, “An organization with the clout of Google increasing the number of domains registered in the world should boost demand for web solutions.”
News For EIGI;GOOG From The Last 14 Days
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October 21, 2014
13:52 EDTGOOGGoogle acquires Firebase, terms not disclosed
Google announced on its Google Cloud Platform blog that it has acquired Firebase, which "makes it very easy for developers to build mobile and web apps that store and sync data in realtime." Google comments, "By combining Firebase with Google Cloud Platform, we’ll be able to build the best end-to-end platform for mobile application development. If you’re already a Firebase developer, you’ll start seeing improvements right away and if you’re a Google Cloud Platform customer, you’ll find it even easier to create great mobile and web apps. The entire Firebase team is joining Google and, under the leadership of Firebase co-founders James Tamplin and Andrew Lee, will be working hard to bring you great new features. Not only will the products you already love continue to get better, but you’ll also gain access to the full power of Google Cloud Platform. At Google Cloud Platform Live on November 4, we’ll be demonstrating new Firebase features and integrations with Cloud Platform." Reference Link
11:20 EDTGOOGData says open-source Android OS could threaten revenue, Information says
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07:26 EDTGOOGGoogle invests in enhanced reality visual-display start-up, WSJ reports
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07:07 EDTGOOGMecklerMedia to hold a conference
Inside 3D Printing Conference is being held in Santa Clara, California on October 21-23.
October 20, 2014
13:40 EDTGOOGVringo says Court of Appeals invites Google to respond to en banc petition
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09:36 EDTGOOGActive equity options trading on open
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09:31 EDTGOOGRobinhood.org to hold conference
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06:22 EDTGOOGYouTube's Robert Kyncl considering leaving company, NY Post reports
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06:01 EDTGOOGGoogle's Hiroshi Lockheimer overseeing Android, Chrome engineering, WSJ says
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October 17, 2014
16:55 EDTGOOGStocks end volatile week lower amid oil price plunge
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09:38 EDTGOOGActive equity options trading on
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07:53 EDTGOOGFBI Director urges Apple, Google to change course on encryption, WSJ says
FBI Director James Comey, making his most extensive statements to date on encrypted phones and operating systems in a speech at the Brookings Institution, urged Apple (AAPL) and Google (GOOG) to “take a step back, to pause to consider, I hope, a change of course,’’ and called on lawmakers to update federal rules on how the government can intercept and monitor communication, reported The Wall Street Journal. Reference Link
07:47 EDTGOOGGoogle exec confident in improving YouTube ad sales, BI reports
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07:37 EDTGOOGGoogle price target lowered to $600 from $670 at BofA/Merrill
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07:24 EDTGOOGMacquarie continues to recommend Google for long-term holders
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06:47 EDTGOOGGoogle price target lowered to $620 from $650 at Cantor
Cantor Fitzgerald lowered its price target for Google shares to $620 saying higher operating expenses and elevated Capex pressured margins and earnings in Q3. The firm views the current valuation as attractive and keeps a Buy rating on Google.
06:23 EDTGOOGGoogle price target lowered to $675 from $725 at Pacific Crest
Pacific Crest lowered its price target for Google shares to $675 citing expectations for a higher tax rate following the company's Q3 results. The firm thinks shares are attractively valued at current levels and keeps an Outperform rating on Google.
06:18 EDTGOOGGoogle price target lowered to $652 from $684 at Citigroup
Citigroup lowered its price target for Google (GOOGL) shares to $652 following the company's Q3 results and keeps a Buy rating on the name. Citi calls the results "relatively good."
06:13 EDTGOOGLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMH’s watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
05:44 EDTGOOGGoogle growth story remains intact, says Piper Jaffray
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