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Stock Market & Financial Investment News

News Breaks
April 9, 2012
05:55 EDTCOP, COP, COP, HAL, HAL, HAL, ECA, ECA, ECA, GEVO, GEVO, GEVO, ITC, ITC, ITC, ROK, ROK, ROK, GE, GE, GE, STP, STP, STP, INTC, INTC, INTC, CSCO, CSCO, CSCO, GM, GM, GMSustainability Alliance of Southwest Colorado to host a summit
4th Annual Global New Energy Summit is being held in Colorado Springs on April 9-11.
News For GM;CSCO;INTC;STP;GE;ROK;ITC;GEVO;ECA;HAL;COP From The Last 14 Days
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October 10, 2014
05:53 EDTHALHalliburton upgraded to Buy from Hold at Societe Generale
Societe Generale upgraded Halliburton to Buy with a $75 price target.
October 9, 2014
16:34 EDTHALHi-Crush announces volume increase to purchase agreement with Halliburton
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13:39 EDTCSCOCisco denies rumors that it will stop investing in VCE JV, The Register reports
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13:37 EDTCSCOCisco may end further investment in VCE JV, CRN reports
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11:25 EDTCSCOCisco and TCL to set up $80M China cloud joint venture, Reuters reports
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09:33 EDTGEGE, Verizon announce alliance
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09:17 EDTGMOmix Ada recalls floor mats used in Chevrolet, GMC trucks, SUVs
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07:54 EDTGEGeneral Electric to hold a meeting
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07:36 EDTHALHalliburton October volatility increases into Q3 and outlook
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07:03 EDTINTCIntel quarter to be in-line or modestly better, says Piper Jaffray
Piper Jaffray expects Intel's quarterly results on October 14 to be in-line to modestly above consensus. The firm's channel checks indicate PC demand trends will remain stable into year-end amid solid corporate demand. Piper reiterates an Overweight rating on Intel with a $37 price target.
06:52 EDTCSCOTechnology producer settles China facility demonstrations, Reuters says
Hon Hai Precision Industry confirmed that it had settled a demonstration which involved close to 1K staff members at its Chongqing plant in China, and noted that manufacturing at the facility was not affected by the strike, according to Reuters, citing a statement from the company. Hon Hai constructs Apple (AAPL) products, as well as HP (HPQ) and Cisco (CSCO) computers and servers. The Chongqing facility isn't listed by Apple as one of its certified suppliers. Reference Link
06:22 EDTGECFM launches next phase of testing for LEAP engine
CFM International's LEAP engine took the skies for the first time on October 6 on a modified 747 flying testbed at GE Aviation Flight Test Operations in Victorville, California, launching the next phase of testing for the advanced engine program. The engine behaved well and completed multiple aeromechnical test points at various altitudes during the nearly three-hour first flight. Over the next several weeks, the engine will complete a comprehensive test schedule that will gauge engine operability, stall margin, performance, and acoustics. The LEAP-1A/-1C variants are on track for engine certification in 2015. The total program, which encompasses all three LEAP engine variants, includes 28 ground and CFM flight test engines, along with a total of 32 flight test engines for Airbus (EADSY), Boeing (BA), and COMAC. Although all three LEAP engine variants will fly on the modified testbed, the configuration currently being tested is a fully integrated propulsion system. CFM is a joint venture between GE (GE) and France's Safran. Reference Link
October 8, 2014
18:31 EDTHALHalliburton awarded mature field contracts from Petroamazonas
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16:56 EDTINTCGartner says worldwide PC shipments in Q3 declined 0.5%
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10:00 EDTINTCOn The Fly: Analyst Initiation Summary
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09:38 EDTCSCOCisco breakup would not create much value, says Citigroup
Citigroup says its analysis shows that a breakup of Cisco would not create much more value than the current share price. With CEO John Chambers' likely retirement next year, however, Citi thinks the Cisco board is likely to at least entertain the option of a split. The firm sees a low probability of a breakup taking place and keeps a Sell rating on Cisco shares. Citi upped its price target for the stock to $22 from $20.50. Citi's analysis of Cisco follows breakup decisions by HP (HPQ) and JDSU (JDSU) and Bloomberg's report this morning that Symantec (SYMC) is in advanced talks to split into two separate companies. This report corrects the rating on Cisco shares to Sell.
09:32 EDTECAEncana management to meet with Deutsche Bank
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09:01 EDTCOPConocoPhillips confirms start of oil production from offshore Malaysia facility
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08:05 EDTECAEncana agrees to sell Clearwater assets to Ember Resources for C$605M
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06:35 EDTCSCOCisco's reorganization affects up to 25,000 employees, Business Insider reports
Cisco's reorganization of its routing and switching engineering business could affect up to 25,000 employees, reports Business Insider. Citing sources in Silicon Valley, the reorganization involves massive changes for the unit, moving from individual teams to two big overarching teams with one group focused on software and the other on hardware. Due to the changes, sources say a lot of senior employees have begun send out resumes. Reference Link
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