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Stock Market & Financial Investment News

News For FB;S;NTLS;FIVE;CBK;BX;MDRX;YUM;ZNGA;VRSN From The Last 14 Days
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April 8, 2015
16:05 EDTZNGAZynga CEO Don Mattrick to depart; Mark Pinus to return to CEO role
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16:05 EDTZNGAZynga CEO Don Mattrick to depart; Mark Pinus to return to CEO role
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16:00 EDTZNGAZynga trading halted, pending news
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12:36 EDTFBGoogle, Facebook not discussing Twitter buyout, Re/code reports
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10:58 EDTBXBlackstone inactivity may lend credibility to Hilton report, says Wells Fargo
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08:57 EDTBXBlackstone talks to buy Colombia mines blocked by arbitrator, Reuters reports
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08:42 EDTFBLivePerson should benefit from Facebook move, says Roth Capital
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08:02 EDTBXChinese investors rumored to ask Blackstone about Hilton stake, Daily Mail says
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07:13 EDTBXBlackstone, Corsair could take stake in First Eagle, Reuters reports
Blackstone and Corsair, two private equity firms, are in talks to buy a stake in First Eagle Investment Management, sources tell Reuters. The negotiations, which could value First Eagle at about $4B including debt, are ongoing and expected to continue "for weeks," the sources say. Reference Link
06:06 EDTSSoftbank downsizing Silicon Valley presence, WSJ reports
SoftBank (SFTBF) has reduced its presence in Silicon Valley, relocating some employees to Japan and subsidiary Sprint's (S) headquarters in Kansas, The Wall Street Journal reports. The move to downsize comes after Sprint's failed bid to acquire T-Mobile US (TMUS) last year. Reference Link
April 7, 2015
16:00 EDTFBOptions Update; April 7, 2015
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10:05 EDTMDRXOn The Fly: Analyst Initiation Summary
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07:34 EDTMDRXCerner, Allscripts not pricing in DoD contract win, says Deutsche Bank
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06:00 EDTFBTurkey restores access to YouTube, Twitter, Facebook, FT reports
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April 6, 2015
20:07 EDTFBFacebook sued for facial biometric data collection, BI says
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16:19 EDTMDRXAllscripts initiated with a Hold at Stifel
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10:01 EDTBXWeather Channel's core buiness facing 'major' threat, WSJ reports
The Weather Channel, which is owned by a consortium made up of NBCUniversal (CMCSA) and private equity firms Bain Capital and The Blackstone Group (BX), was dropped last month from Verizon's (VZ) FiOS TV service, and now the channel's backers are preparing for the possibility of being dropped by Dish Network (DISH), sources tell The Wall Street Journal. Though The Weather Channel is facing a "major" threat to its core business, the fees it collects from the pay-TV providers, the sources say that no formal sale by the company's owners is under way. Reference Link
06:45 EDTSQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
06:03 EDTFBUber hires Facebook's Joe Sullivan as Chief Security Officer
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April 5, 2015
16:56 EDTFBEU considers major probe into Internet platforms, WSJ says
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