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Stock Market & Financial Investment News

News Breaks
August 15, 2012
08:09 EDTFTNT, EMC, CHKP, ORCL, PANW, DELLEMC targets security technology, Businessweek reports
EMC Corp. (EMC), the biggest maker of storage computers, has made 15 acquisitions over the past three years, and is figuring out how to use $5.65B in cash to beef up in security technology, reports Bloomberg Businessweek. Potential targets could include Fortinet (FTNT) and Palo Alto Networks (PANW), says Brian Marshall with ISI Group who lists EMC as his top stock pick for the next few years. Tony Ursillo at Loomis Sayles & Co., says EMC may go for a firewall company, and adds Check Point Software Technologies (CHKP) as a possible target. Reference Link
News For EMC;DELL;ORCL;FTNT;PANW;CHKP From The Last 14 Days
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May 24, 2013
10:50 EDTORCLOracle slips to lows of the session, levels to watch
The shares are down over 1.9% to $33.53, with a session low at $33.42. At that price, next support is at $32.91. Resistance is at $34.24.
06:22 EDTDELLIcahn hired Jefferies to help fund Dell deal, NY Post reports
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May 23, 2013
19:33 EDTDELLIcahn, Southeastern engage banks on financing for Dell deal, Reuters says
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05:49 EDTORCLStocks with implied volatility movement; MNKD ORCL
Stocks with implied volatility movement; MannKind (MNKD), Oracle (ORCL) according to IVolatility.
05:45 EDTORCLBig companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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May 22, 2013
07:24 EDTDELLNetEvents International to host a summit
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07:22 EDTORCLFusion-io may be in play after valuation decline, Bloomberg reports
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07:21 EDTEMCMIT Sloan Alumni Club of Boston to hold a symposium
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May 20, 2013
16:55 EDTDELLS&P lowers Dell ratings to 'BBB' from 'A-', remains on watch negative
Standard & Poor's Ratings Services lowered its corporate credit and senior unsecured debt ratings on Dell to 'BBB' from 'A-', and its commercial paper rating to 'A-2' from 'A-1'. All ratings remain on CreditWatch, where they were placed with negative implications on Feb. 5. The initial CreditWatch listing reflected S&P's assessment that the $24.4B going private transaction, which includes a substantial portion of debt financing, will materially degrade Dell's financial risk profile, which S&P currently view as modest. Although Carl Icahn submitted a non-binding alternative acquisition proposal, the Michael Dell and Silver Lake Partners LBO proposal remains the only transaction that has been approved by Dell's board of directors. S&P's review of the LBO transaction terms and the company's ownership, business and financial strategy may also result in a downward revision of its assessment of Dell's business risk profile.
11:14 EDTDELLDell to deliver public cloud through partner ecosystem
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08:18 EDTFTNTBofA/Merrill's tech analyst to hold an analyst/industry conference call
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07:42 EDTEMCCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
07:03 EDTDELLDell committee says cannot evaluate Icahn proposal without more information
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May 17, 2013
14:03 EDTDELLMarket set to finish week with gains after Cisco results, comments
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08:29 EDTDELLJPMorgan's business and information services analyst holds a conference call
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08:02 EDTDELLDell results could increase votes for Silver Lake offer, says Wells Fargo
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May 16, 2013
18:01 EDTDELLDell continues to expect 'relatively weak' demand in end-user PC business
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16:05 EDTDELLDell reports Q1 enterprise solutions, services, software revenue up 12% to $5.5B
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16:02 EDTDELLDell not providing guidance for Q2
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16:01 EDTDELLDell reports Q1 adjusted EPS 21c, consensus 35c
Reports Q1 revenue $14.1B, consensus $13.52B.
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