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Stock Market & Financial Investment News

News For GOOG;AAPL From The Last 14 Days
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August 13, 2015
06:21 EDTGOOGGoogle startup Niantic Labs to become an independent comapny
Niantic Labs, a startup within Google that has launched an augmented reality game called Ingress as well as a location discovery app called Field Trip, is becoming an independent company, it announced on Google Plus. The company says, "We'll be taking our unique blend of exploration and fun to even bigger audiences with some amazing new partners joining Google as collaborators and backers. Niantic will be building on the success of +Ingress, which has been downloaded more than 12M times, has attracted more than 250,000 people to live events around the world, and has inspired users to collectively walk the distance from the earth to the sun while playing, exploring and discovering." Reference Link
06:02 EDTGOOGStocks with implied volatility below IV index mean; BIIB GOOG
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05:29 EDTAAPLPiper's Munster sees new Apple TV having limited sales impact
Piper Jaffray analyst Gene Munster points out that Buzzfeed last week reported Apple will hold a special event on September 9 to announce the iPhone 6S and possibly a new Apple TV box. The timing of the new TV box are in-line with expectations while the streaming content offering "still appears a wildcard," Munster tells investors in a research note. The new Apple TV device should improve Apple's position in the living room, but given the likely price point of below $99, it will likely have limited impact on revenue, Munster argues. The analyst keeps an Overweight rating on the iPhone maker with a $172 price target. Apple closed yesterday up $1.75 to $115.24.
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